v2.4.0.8
STATEMENTS OF CASH FLOWS
 6 Months Ended
Jun. 30, 2014
Statement of Cash Flows [Abstract]  
STATEMENTS OF CASH FLOWS
STATEMENTS OF CASH FLOWS
Changes in current assets and current liabilities were as follows:
 
Six Months Ended June 30,
 
2014
 
2013
 
(Thousands of Dollars)
Decrease (increase) in current assets:
 
 
 
Accounts receivable
$
26,688

 
$
109,696

Receivable from related parties
50,940

 
31,730

Inventories
25,023

 
(2,099
)
Income tax receivable
(3,609
)
 
1,213

Other current assets
(722
)
 
20,375

Increase (decrease) in current liabilities:
 
 
 
Accounts payable
(115,727
)
 
(81,929
)
Payable to related party
5,979

 
8,950

Accrued interest payable
510

 
1,951

Accrued liabilities
(1,468
)
 
(29,854
)
Taxes other than income tax
1,040

 
(1,334
)
Income tax payable
(1,144
)
 
1,178

Changes in current assets and current liabilities
$
(12,490
)
 
$
59,877



The above changes in current assets and current liabilities differ from changes between amounts reflected in the applicable consolidated balance sheets due to the change in the amount accrued for capital expenditures and the effect of foreign currency translation.

Cash flows related to interest and income taxes were as follows:
 
Six Months Ended June 30,
 
2014
 
2013
 
(Thousands of Dollars)
Cash paid for interest, net of amount capitalized
$
64,957

 
$
59,371

Cash paid for income taxes, net of tax refunds received
$
8,069

 
$
6,003