^[1]

$ 2,637.6

$ 2,402.2

567.7

565.8

38.9

31.6

3,244.2

2,999.6

^[1]

2,561.1

2,329.3

476.2

477.0

127.4

124.8

31.8

27.0

34.5

38.2

0.5

0.4

3,231.5

2,996.7

47.0

0.0

0.3

(3.5)

60.0

(0.6)

0.3

0.0

(13.0)

(9.4)

0.0

0.2

(12.7)

(9.2)

47.3

(9.8)

8.0

(6.8)

Basic and Diluted Earnings Per Common Share

$ 39.3

$ (3.0)

Basic (in dollars per share)

$ 1.17

$ (0.08)

Diluted (in dollars per share)

$ 1.16

$ (0.08)

Weighted-Average Common Shares Outstanding (in thousands):

Basic (in shares)

33,698

36,880

Diluted (in shares)

34,062

36,880

Supplemental information:

Excise taxes

$ 434.4

$ 480.1

[1]	Includes excise taxes of $434.4 million and $480.1 million for the three months ended March 31, 2018 and 2017, respectively.

Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Operating Activities
Net income (loss)	$ 39.3	$ (3.0)
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depreciation and amortization	31.8	27.0
Deferred and noncurrent income tax charges	1.1	5.6
Accretion of asset retirement obligations	0.5	0.4	$ 1.8
Pretax (gains) losses from sale of assets	(0.3)	3.5
Net (increase) decrease in noncash operating working capital	36.0	(80.4)
Other operating activities - net	(1.0)	1.0
Net cash provided by (required by) operating activities	107.4	(45.9)
Investing Activities
Property additions	(48.7)	(65.9)
Proceeds from sale of assets	1.1	0.5
Other investing activities - net	(4.7)	0.0
Net cash provided by (required by) investing activities	(52.3)	(65.4)
Financing Activities
Purchase of treasury stock	(71.7)	(17.4)
Borrowings of debt	0.0	42.5
Repayments of debt	(5.3)	(26.2)
Amounts related to share-based compensation	(2.9)	(5.1)
Net cash provided by (required by) financing activities	(79.9)	(6.2)
Net increase (decrease) in cash and cash equivalents	(24.8)	(117.5)
Cash and cash equivalents at beginning of period	170.0	153.8	153.8
Restricted cash at beginning of period	0.0	0.0	0.0
Cash, cash equivalents, and restricted cash at beginning of period	170.0	153.8	153.8
Cash and cash equivalents at end of period	144.1	36.3	170.0
Restricted cash at end of period	1.1	0.0	0.0
Cash, cash equivalents, and restricted cash at end of period	$ 145.2	$ 36.3	$ 170.0

Consolidated Statements of Changes in Equity - USD ($) $ in Millions	Total	Common Stock	Treasury Stock	APIC	Retained Earnings
Beginning balance at Dec. 31, 2016	$ 697.1	$ 0.5	$ (608.0)	$ 555.3	$ 749.3
Balance (in shares) at Dec. 31, 2016		46,767,164
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(3.0)				(3.0)
Purchase of treasury stock	(17.4)		(17.4)
Issuance of treasury stock	0.0		6.7	(6.7)
Amounts related to share-based compensation	(5.0)			(5.0)
Share-based compensation expense	1.2			1.2
Ending balance at Mar. 31, 2017	672.9	$ 0.5	(618.7)	544.8	746.3
Balance (in shares) at Mar. 31, 2017		46,767,164
Beginning balance at Dec. 31, 2017	738.4	$ 0.5	(806.5)	549.9	994.5
Balance (in shares) at Dec. 31, 2017		46,767,164
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	39.3				39.3
Purchase of treasury stock	(71.7)		(71.7)
Issuance of treasury stock	0.0		4.4	(4.4)
Amounts related to share-based compensation	(2.9)			(2.9)
Share-based compensation expense	2.2			2.2
Ending balance at Mar. 31, 2018	$ 705.3	$ 0.5	$ (873.8)	$ 544.8	$ 1,033.8
Balance (in shares) at Mar. 31, 2018		46,767,164

Description of Business and Basis of Presentation	3 Months Ended
Description of Business and Basis of Presentation	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Description of business — Murphy USA Inc. (“Murphy USA” or the “Company”) markets refined products through a network of retail gasoline stations and to unbranded wholesale customers. Murphy USA’s owned retail stations are almost all located in close proximity to Walmart stores in 26 states and use the brand name Murphy USA®. Murphy USA also markets gasoline and other products at standalone stations under the Murphy Express brand. At March 31, 2018, Murphy USA had a total of 1,448 Company stations of which 1,158 were Murphy USA and 290 were Murphy Express. Basis of Presentation — Murphy USA was incorporated in March 2013 and, in connection with its incorporation, Murphy USA issued 100 shares of common stock, par value $0.01 per share, to Murphy Oil Corporation (“Murphy Oil”) for $1.00. On August 30, 2013, Murphy USA was separated from Murphy Oil through the distribution of 100% of the common stock of Murphy USA to holders of Murphy Oil stock. In preparing the financial statements of Murphy USA in conformity with accounting principles generally accepted in the United States, management has made a number of estimates and assumptions related to the reporting of assets, liabilities, revenues, expenses and the disclosure of contingent assets and liabilities. Actual results may differ from these estimates. Interim Financial Information — The interim period financial information presented in these consolidated financial statements is unaudited and includes all known accruals and adjustments, in the opinion of management, necessary for a fair presentation of the consolidated financial position of Murphy USA and its results of operations and cash flows for the periods presented. All such adjustments are of a normal and recurring nature. These interim consolidated financial statements should be read together with our audited financial statements for the years ended December 31, 2017, 2016 and 2015, included in our Annual Report on Form 10-K (File No. 001-35914), as filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934 on February 20, 2018. Recently Issued Accounting Standards— In May 2014, the FASB issued Accounting Standards Update No. 2014-09 (Topic 606) "Revenue from Contracts with Customers". Topic 606 supersedes the revenue recognition requirements Topic 605, "Revenue Recognition" (Topic 605), and requires entities to recognize revenue when control of the promised goods or services is transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. We adopted Topic 606 as of January 1, 2018 using the modified retrospective transition method. See Note 2 "Revenues" for further details. In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)" (“ASU 2016-02”). ASU 2016-02 amends the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheets. Lessor accounting will remain similar to lessor accounting under previous GAAP, while aligning with the FASB’s new revenue recognition guidance. ASU 2016-02 is effective for the Company beginning January 1, 2019. Early adoption of ASU 2016-02 is permitted. The standard requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application, with an option to use certain transition relief. While this ASU will have an impact on the Company's internal processes and controls and result in a change to the Company's accounting, we are still in the evaluation and information gathering stage of implementing the guidance and can not yet estimate the potential impact. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash". This ASU requires that a Statement of Cash Flows explain the change during the period in the total cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Restricted cash and restricted cash equivalents will be included with cash and cash equivalents when reconciling the beginning of period and end of period balances on the Statement of Cash Flows upon adoption of this standard. The standard was effective for the Company on January 1, 2018 and was applied retrospectively to the Statement of Cash Flows. Accordingly, the Consolidated Statement of Cash Flows presents a reconciliation of the changes in cash, cash equivalents and restricted cash. Restricted cash consists of funds held by third party intermediaries for like-kind property exchanges and reported as a long-term asset in the Company's Balance Sheet.

Revenues (Notes)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Revenues

Adoption of ASC Topic 606, "Revenue from Contracts with Customers"

On January 1, 2018, we adopted Topic 606 using the modified retrospective method applied to those contracts which were not completed as of January 2, 2018. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted and continue to be reported in accordance with our historical accounting policies under Topic 605.

There was no material impact to opening retained earnings as a result of adoption of Topic 606 that resulted in a cumulative effect adjustment.

Revenue Recognition

Revenue is recognized when obligations under the terms of a contract with our customers are satisfied; generally, this occurs with the transfer of control of our petroleum products, convenience merchandise, Renewable Identification Numbers ("RINs") and other assets to our third-party customers. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Excise and sales tax that we collect where we have determined we are the principal in the transaction have been recorded as revenue on a jurisdiction-by-jurisdiction basis.

The Company enters into buy/sell and similar arrangements when petroleum products are held at one location but are needed at a different location. The Company often pays or receives funds related to the buy/sell arrangements based on location or quality differences. The Company continues to account for these transactions as non-monetary exchanges under existing accounting guidance and typically reports these on a net basis in the Consolidated Income Statement.

The following table disaggregates our revenue by major source for the quarters ended March 31, 2018 and 2017, respectively:



	Period Ended March 31, 2018						Period Ended March 31, 2017
(Millions of dollars)	Marketing		Corporate and Other Assets		Consolidated		Marketing		Corporate and Other Assets		Consolidated
Petroleum product sales (at retail) ¹	$	2,339.7	$	—	$	2,339.7	$	2,133.9	$	—	$	2,133.9
Petroleum product sales (at wholesale) ¹	297.9		—		297.9		268.3		—		268.3
Total petroleum product sales	2,637.6		—		2,637.6		2,402.2		—		2,402.2
Merchandise sales	567.7		—		567.7		565.8		—		565.8
Other operating revenues:
RINs	37.4		—		37.4		29.0		—		29.0
Other revenues ²	1.1		0.4		1.5		2.4		0.2		2.6
Total revenues	$	3,243.8	$	0.4	$	3,244.2	$	2,999.4	$	0.2	$	2,999.6

¹ Includes excise and sales tax that remain eligible for inclusion under Topic 606

² Primarily includes collection allowance on excise and sales taxes and other miscellaneous items

The Company adopted ASC Topic 606 as of January 1, 2018 using the modified retrospective method. The impact of the excise and sales taxes collected and remitted to government authorities included in petroleum product sales that would have been recognized under previous revenue recognition guidance would have increased first quarter 2018 petroleum product sales (at retail) by $5.5 million and petroleum product sales (at wholesale) by $35.3 million for a total increase in petroleum product sales of $40.8 million.

Marketing segment

Petroleum product sales (at retail). For our retail store locations, the revenue related to petroleum product sales is recognized as the fuel is pumped to our customers. The transaction price at the pump typically includes some portion of sales or excise taxes as levied in the respective jurisdictions. Those taxes that are collected for remittance to governmental entities on a pass through basis are not recognized as revenue and they are recorded to a liability account until they are paid. Our customers typically use a mixture of cash, checks, credit cards and debit cards to pay for our products as they are received. We have accounts receivable from the various credit/debit card providers at any point in time related to product sales made on credit cards and debit cards. These receivables are typically collected in two to seven days, depending on the terms with the particular credit/debit card providers. Payment fees retained by the credit/debit card providers are recorded as station and other operating expenses.

Petroleum product sales (at wholesale). Our sales of petroleum products at wholesale are generally recorded as revenue when the deliveries have occurred and legal ownership of the product has transferred to the customer. Title transfer for bulk refined product sales typically occurs at pipeline custody points or upon trucks loading at product terminals. For bulk pipeline sales, we record receivables from customers that are generally collected within a week from custody transfer date. For our rack product sales, the majority of our customers' accounts are drafted by us within 10 days from product transfer.

Merchandise sales. For our retail store locations, the revenue related to merchandise sales is recognized as the customer completes their purchase at our locations. The transaction price typically includes some portion of sales tax as levied in the respective jurisdictions. Those taxes that are collected for remittance to governmental entities on a pass through basis are not recognized as revenue and they are recorded to a liability account until they are paid. As noted above, a mixture of payment types are used for these revenues and the same terms for credit/debit card receivables are realized.

The most significant judgment with respect to merchandise sales revenue is determining whether we are the principal or agent for some categories of merchandise such as lottery tickets, lotto tickets, newspapers and other small categories of merchandise. For scratch-off lottery tickets, we have determined we are the principal in the majority of the jurisdictions and therefore we record those sales on a gross basis. We have some categories of merchandise (such as lotto tickets) where we are the agent and the revenues recorded for those transactions are our net commission only.

RINs sales. For the sale of RINs, we recognize revenue when the RIN is transferred to the counter-party and the sale is completed. Receivables from our counter-parties related to the RIN sales are typically collected within five days of the sale.

Other revenues. Items reported as other operating revenues include collection allowances for excise and sales tax and other miscellaneous items and are recognized as revenue when the transaction is completed.

Accounts receivable

Trade accounts receivable on the balance sheet represents both receivables related to contracts with customers and other trade receivables. At March 31, 2018 and December 31, 2017, we had $144.3 million and $145.6 million of receivables, respectively, related to contracts with customers recorded. All of the trade accounts receivable related to contracts with customers outstanding at December 31, 2017 were collected during the first quarter of 2018. These receivables were generally related to credit and debit card transactions along with short term bulk and wholesales from our customers, which have a very short settlement window.

Inventories

3 Months Ended

Mar. 31, 2018

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following:



(Millions of dollars)	March 31, 2018			December 31, 2017
Finished products - First-In, First-Out ("FIFO") basis	$	218.9		$	231.9
Less Last-In, First-Out ("LIFO") reserve - finished products	(181.5		)	(167.2		)
Finished products - LIFO basis	37.4			64.7
Store merchandise for resale	97.6			104.8
Materials and supplies	13.5			13.0
Total inventories	$	148.5		$	182.5

At March 31, 2018 and December 31, 2017, the replacement cost (market value) of LIFO inventories exceeded the LIFO carrying value by $181.5 million and $167.2 million, respectively.

Long-Term Debt

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consisted of the following:



(Millions of dollars)	March 31, 2018			December 31, 2017
6.00% senior notes due 2023 (net of unamortized discount of $4.7 at March 31, 2018 and $5.0 at December 2017)	$	495.3		$	495.0
5.625% senior notes due 2027 (net of unamortized discount of $3.4 at March 31, 2018 and $3.5 at December 2017)	296.6			296.5
Term loan due 2020 (effective interest rate of 4.73% at March 31, 2018)	87.0			92.0
Capitalized lease obligations, vehicles, due through 2021	2.2			2.5
Less unamortized debt issuance costs	(4.8		)	(5.2		)
Total long-term debt	876.3			880.8
Less current maturities	19.9			19.9
Total long-term debt, net of current	$	856.4		$	860.9

Senior Notes

On August 14, 2013, Murphy Oil USA, Inc., our primary operating subsidiary, issued 6.00% Senior Notes due 2023 (the “2023 Senior Notes”) in an aggregate principal amount of $500 million. The 2023 Senior Notes are fully and unconditionally guaranteed by Murphy USA, and are guaranteed by certain 100% owned subsidiaries that guarantee our credit facilities. The indenture governing the 2023 Senior Notes contains restrictive covenants that limit, among other things, the ability of Murphy USA, Murphy Oil USA, Inc. and the restricted subsidiaries to incur additional indebtedness or liens, dispose of assets, make certain restricted payments or investments, enter into transactions with affiliates or merge with or into other entities.

On April 25, 2017, Murphy Oil USA, Inc., issued $300 million of 5.625% Senior Notes due 2027 (the "2027 Senior Notes") under its existing shelf registration statement. The 2027 Senior Notes are fully and unconditionally guaranteed by Murphy USA, and are guaranteed by certain 100% owned subsidiaries that guarantee our credit facilities. The indenture governing the 2027 Senior Notes contains restrictive covenants that are essentially identical to the covenants for the 2023 Senior Notes.

The 2023 and 2027 Senior Notes and the guarantees rank equally with all of our and the guarantors’ existing and future senior unsecured indebtedness and effectively junior to our and the guarantors’ existing and future secured indebtedness (including indebtedness with respect to the credit facilities) to the extent of the value of the assets securing such indebtedness. The 2023 and 2027 Senior Notes are structurally subordinated to all of the existing and future third-party liabilities, including trade payables, of our existing and future subsidiaries that do not guarantee the notes.

Credit Facilities and Term Loan

In March 2016, we amended and extended our existing credit agreement. The credit agreement provides for a committed $450 million asset-based loan (ABL) facility (with availability subject to the borrowing base described below) and a $200 million term loan facility. It also provides for a $150 million uncommitted incremental facility. On March 10, 2016, Murphy Oil USA, Inc. borrowed $200 million under the term loan facility that has a four-year term with a current outstanding principal of $87 million. As of March 31, 2018, we have zero outstanding under our ABL facility.

The borrowing base is, at any time of determination, the amount (net of reserves) equal to the sum of:

• 100% of eligible cash at such time, plus

• 90% of eligible credit card receivables at such time, plus

• 90% of eligible investment grade accounts, plus

• 85% of eligible other accounts, plus

• 80% of eligible product supply/wholesale refined products inventory at such time, plus

• 75% of eligible retail refined products inventory at such time, plus

the lesser of (i) 70% of the average cost of eligible retail merchandise inventory at such time and (ii) 85% of the net orderly liquidation value of eligible retail merchandise inventory at such time.

The ABL facility includes a $200 million sublimit for the issuance of letters of credit. Letters of credit issued under the ABL facility reduce availability under the ABL facility.

Interest payable on the credit facilities is based on either:


•	the London interbank offered rate, adjusted for statutory reserve requirements (the “Adjusted LIBO Rate”);

or


•	the Alternate Base Rate, which is defined as the highest of (a) the prime rate, (b) the federal funds effective rate from time to time plus 0.50% per annum and (c) the one-month Adjusted LIBO Rate plus 1.00% per annum,

plus, (A) in the case of Adjusted LIBO Rate borrowings, (i) with respect to the ABL facility, spreads ranging from 1.50% to 2.00% per annum depending on a total debt to EBITDA ratio under the ABL facility or (ii) with respect to the term loan facility, spreads ranging from 2.50% to 2.75% per annum depending on a total debt to EBITDA ratio and (B) in the case of Alternate Base Rate borrowings, (i) with respect to the ABL facility, spreads ranging from 0.50% to 1.00% per annum depending on a total debt to EBITDA ratio or (ii) with respect to the term loan facility, spreads ranging from 1.50% to 1.75% per annum depending on a total debt to EBITDA ratio.

The interest rate period with respect to the Adjusted LIBO Rate interest rate option can be set at one, two, three, or six months as selected by us in accordance with the terms of the credit agreement.

The credit agreement contains certain covenants that limit, among other things, the ability of us and our subsidiaries to incur additional indebtedness or liens, to make certain investments, to enter into sale-leaseback transactions, to make certain restricted payments, to enter into consolidations, mergers or sales of material assets and other fundamental changes, to transact with affiliates, to enter into agreements restricting the ability of subsidiaries to incur liens or pay dividends, or to make certain accounting changes. In addition, the credit agreement requires us to maintain a minimum fixed charge coverage ratio of 1.0 to 1.0 when availability for at least three consecutive business days is less than the greater of (a) 17.5% of the lesser of the aggregate ABL facility commitments and the borrowing base and (b) $70 million (including as of the most recent fiscal quarter end on the first date when availability is less than such amount), as well as a maximum secured total debt to EBITDA ratio of 4.5 to 1.0 at any time when term facility commitments or term loans are outstanding. As of March 31, 2018, our fixed charge coverage ratio was 0.72; however, we had more than $100 million of availability under the ABL facility at that date so the fixed charge coverage ratio currently has no impact on our operations or liquidity. Our secured debt to EBITDA ratio as of March 31, 2018 was 0.19 to 1.0.

The credit agreement contains restrictions on certain payments, including dividends, when availability under the credit agreement is less than or equal to the greater of $100 million and 25% of the lesser of the revolving commitments and the borrowing base and our fixed charge coverage ratio is less than 1.0 to 1.0 (unless availability under the credit agreement is greater than $100 million and 40% of the lesser of the revolving commitments and the borrowing base). As of March 31, 2018, our ability to make restricted payments was not limited as our availability under the borrowing base was more than $100 million, while our fixed charge coverage ratio under our credit agreement was less than 1.0 to 1.0. As of December 31, 2017, we had a shortfall of approximately $206.9 million of our net income and retained earnings subject to such restrictions before the fixed charge coverage ratio under our credit agreement would exceed 1.0 to 1.0.

All obligations under the credit agreement are guaranteed by Murphy USA and the subsidiary guarantors party thereto, and all obligations under the credit agreement, including the guarantees of those obligations, are secured by certain assets of Murphy USA, Murphy Oil USA, Inc. and the guarantors party thereto.

Asset Retirement Obligations (ARO)

3 Months Ended

Mar. 31, 2018

Asset Retirement Obligation Disclosure [Abstract]

Asset Retirement Obligations (ARO)

The majority of the ARO recognized by the Company at March 31, 2018 and December 31, 2017 related to the estimated costs to dismantle and abandon certain of its retail gasoline stations. The Company has not recorded an ARO for certain of its marketing assets because sufficient information is presently not available to estimate a range of potential settlement dates for the obligation. These assets are consistently being upgraded and are expected to be operational into the foreseeable future. In these cases, the obligation will be initially recognized in the period in which sufficient information exists to estimate the obligation.

A reconciliation of the beginning and ending aggregate carrying amount of the ARO is shown in the following table.



(Millions of dollars)	March 31, 2018			December 31, 2017
Balance at beginning of period	$	28.2		$	26.2
Accretion expense	0.5			1.8
Settlements of liabilities	(0.2		)	(0.3		)
Liabilities incurred	—			0.5
Balance at end of period	$	28.5		$	28.2

The estimation of future ARO is based on a number of assumptions requiring professional judgment. The Company cannot predict the type of revisions to these assumptions that may be required in future periods due to the lack of availability of additional information.

Income Taxes

3 Months Ended

Mar. 31, 2018

Income Tax Disclosure [Abstract]

Income Taxes

The effective tax rate is calculated as the amount of income tax expense (benefit) divided by income before income tax expense (benefit). For the three month periods ended March 31, 2018 and 2017, the Company’s approximate effective tax rates were as follows:



	2018	2017
Three months ended March 31,	16.8%	(69.2)%

The effective tax rate for the three months ended March 31, 2018 was lower than the U.S. Federal tax rate of 21% primarily due to a discrete state income tax benefit recorded in the quarter. The Company recognized a tax benefit of approximately $3.1 million related to the settlement of prior year state uncertain tax positions and approximately $0.7 million of excess tax benefits related to stock compensation for employees. For the three months ended March 31, 2017, the Company recorded benefits from two discrete tax events, which were approximately $1.8 million of excess tax benefits related to stock compensation and a tax benefit of approximately $1.5 million related to the settlement of prior year uncertain tax positions.

The Company was included in Murphy Oil’s tax returns for the periods prior to the separation. The statute of several jurisdictions remains subject to audit by taxing authorities. As of March 31, 2018, the earliest year remaining open for Federal examination is 2014 and for the states it ranges from 2012-2016. In addition to the pre-separation returns being open under statute, the federal and state tax returns post separation are also open under statute for examination. Although the Company believes that recorded liabilities for uncertain tax positions are adequate, additional gains or losses could occur in future periods from resolution of outstanding unsettled matters.

Incentive Plans	3 Months Ended
Incentive Plans	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Incentive Plans	Incentive Plans 2013 Long-Term Incentive Plan Effective August 30, 2013, certain of our employees participate in the Murphy USA 2013 Long-Term Incentive Plan which was subsequently amended and restated effective as of February 8, 2017 (the “MUSA 2013 Plan”). The MUSA 2013 Plan authorizes the Executive Compensation Committee of our Board of Directors (“the Committee”) to grant non-qualified or incentive stock options, stock appreciation rights, stock awards (including restricted stock and restricted stock unit awards), cash awards, and performance awards to our employees. No more than 5.5 million shares of MUSA common stock may be delivered under the MUSA 2013 Plan and no more than 1 million shares of common stock may be awarded to any one employee, subject to adjustment for changes in capitalization. The maximum cash amount payable pursuant to any “performance-based” award to any participant in any calendar year is $5 million. On February 7, 2018, the Committee granted nonqualified stock options for 93,600 shares at an exercise price of $71.00 per share under the terms of the MUSA 2013 Plan. The Black-Scholes valuation for these awards is $17.32 per option. The Committee also awarded time-based restricted stock units and performance-based restricted stock units (performance units) to certain employees on the same date. There were 22,350 time-based restricted units granted at a grant date fair value of $71.00 along with 44,700 performance units. Half of the performance units vest based on a 3-year return on average capital employed (ROACE) calculation and the other half vest based on a 3-year total shareholder return (TSR) calculation that compares MUSA to a group of 16 peer companies. The portion of the awards that vest based on TSR qualify as a market condition and must be valued using a Monte Carlo valuation model. For the TSR portion of the awards, the fair value was determined to be $87.60 per unit. For the ROACE portion of the awards, the valuation will be based on the grant date fair value of $71.00 per unit and the number of awards will be periodically assessed to determine the probability of vesting. On March 27, 2018, the Committee also granted 43,905 time-based restricted stock units granted to certain employees with a grant date fair value of $72.88 per unit. 2013 Stock Plan for Non-employee Directors Effective August 8, 2013, Murphy USA adopted the 2013 Murphy USA Stock Plan for Non-employee Directors (the “Directors Plan”). The directors for Murphy USA are compensated with a mixture of cash payments and equity-based awards. Awards under the Directors Plan may be in the form of restricted stock, restricted stock units, stock options, or a combination thereof. An aggregate of 500,000 shares of common stock shall be available for issuance of grants under the Directors Plan. During the first quarter of 2018, the Company issued 10,800 restricted stock units to its non-employee directors at a grant date fair value of $69.42 per share. These shares vest in three years from the grant date. For the three months ended March 31, 2018 and 2017, share-based compensation was $2.2 million and $1.2 million, respectively. The income tax benefit realized for the tax deductions from options exercised for the three months ended March 31, 2018 and 2017 was $0.1 million and $0.1 million, respectively.

Financial Instruments and Risk Management	3 Months Ended
Financial Instruments and Risk Management	Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments and Risk Management	Financial Instruments and Risk Management DERIVATIVE INSTRUMENTS — The Company makes limited use of derivative instruments to manage certain risks related to commodity prices. The use of derivative instruments for risk management is covered by operating policies and is closely monitored by the Company’s senior management. The Company does not hold any derivatives for speculative purposes and it does not use derivatives with leveraged or complex features. Derivative instruments are traded primarily with creditworthy major financial institutions or over national exchanges such as the New York Mercantile Exchange (“NYMEX”). As of March 31, 2018, all current derivative activity is immaterial. At March 31, 2018 and December 31, 2017, cash deposits of $2.0 million and $2.7 million related to commodity derivative contracts were reported in Prepaid expenses and other current assets in the Consolidated Balance Sheets, respectively. These cash deposits have not been used to increase the reported net assets or reduce the reported net liabilities on the derivative contracts at March 31, 2018 or December 31, 2017, respectively.

Earnings Per Share

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Earnings Per Share

Basic earnings per common share is computed by dividing net income available to common stockholders by the weighted average of common shares outstanding during the period. Diluted earnings per common share adjusts basic earnings per common share for the effects of stock options and restricted stock in the periods where such items are dilutive.

Upon the completion of the most recent repurchase plan authorized by the Murphy USA Inc. Board of Directors in December 2017, the Company expects to continue to conduct share repurchases under quarterly allocations in line with its past practice. For the three months ended March 31, 2018, the Company acquired 928,934 shares of common stock for an average price of $77.18 per share including brokerage fees.

The following table provides a reconciliation of basic and diluted earnings per share computations for the three months ended March 31, 2018 and 2017:



	Three Months Ended March 31,
(Millions of dollars, except share amounts)	2018		2017
Earnings per common share:
Net income (loss) per share - basic
Net income (loss) attributable to common stockholders	$	39.3	$	(3.0	)

Weighted average common shares outstanding (in thousands)	33,698		36,880

Earnings per common share	$	1.17	$	(0.08	)



Earnings per common share - assuming dilution:
Net income (loss) per share - diluted
Net income (loss) attributable to common stockholders	$	39.3	$	(3.0	)

Weighted average common shares outstanding (in thousands)	33,698		36,880
Common equivalent shares:
Share-based awards	364		—
Weighted average common shares outstanding - assuming dilution (in thousands)	34,062		36,880

Earnings per common share assuming dilution	$	1.16	$	(0.08	)

We have excluded from the earnings-per-share calculation certain stock options and shares that are considered to be anti-dilutive under the treasury stock method. For the reported periods, the number of time-based restricted stock units, performance based units and non-qualified stock options that are excluded due to their anti-dilutive nature is immaterial.

Other Financial Information

3 Months Ended

Mar. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Other Financial Information

CASH FLOW DISCLOSURES — Cash income taxes paid (collected), net of refunds, were $2.6 million and $(0.3) million for the three month periods ended March 31, 2018 and 2017, respectively. Interest paid, net of amounts

capitalized, was $15.7 million and $16.5 million for the three month periods ended March 31, 2018 and 2017, respectively.



	Three Months Ended March 31,
(Millions of dollars)	2018			2017
Accounts receivable	$	27.2		$	27.1
Inventories	33.9			(13.1		)
Prepaid expenses and other current assets	8.9			(12.9		)
Accounts payable and accrued liabilities	(35.2		)	(80.9		)
Income taxes payable	1.2			(0.6		)
Net decrease (increase) in noncash operating working capital	$	36.0		$	(80.4	)

Assets and Liabilities Measured at Fair Value

3 Months Ended

Mar. 31, 2018

Fair Value Disclosures [Abstract]

Assets and Liabilities Measure at Fair Value

Assets and Liabilities Measured at Fair Value

The Company carries certain assets and liabilities at fair value in its Consolidated Balance Sheets. The fair value hierarchy is based on the quality of inputs used to measure fair value, with Level 1 being the highest quality and Level 3 being the lowest quality. Level 1 inputs are quoted prices in active markets for identical assets or liabilities. Level 2 inputs are observable inputs other than quoted prices included within Level 1. Level 3 inputs are unobservable inputs which reflect assumptions about pricing by market participants.

At the balance sheet date, the fair value of derivative contracts was determined using NYMEX quoted values but was immaterial.

The following table presents the carrying amounts and estimated fair values of financial instruments held by the Company at March 31, 2018 and December 31, 2017. The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties. The table excludes Cash and cash equivalents, Accounts receivable-trade, Restricted cash, and Trade accounts payable and accrued liabilities, all of which had fair values approximating carrying amounts. The fair value of Current and Long-term debt was estimated based on rates offered to the Company at that time for debt of the same maturities. The Company has off-balance sheet exposures relating to certain financial guarantees and letters of credit. The fair value of these, which represents fees associated with obtaining the instruments, was nominal.



	At March 31, 2018						At December 31, 2017
	Carrying						Carrying
(Millions of dollars)	Amount			Fair Value			Amount			Fair Value
Financial liabilities
Current and long-term debt	$	(876.3	)	$	(893.1	)	$	(880.8	)	$	(904.9	)

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Contingencies	3 Months Ended
Contingencies	Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies The Company’s operations and earnings have been and may be affected by various forms of governmental action. Examples of such governmental action include, but are by no means limited to: tax increases and retroactive tax claims; import and export controls; price controls; allocation of supplies of crude oil and petroleum products and other goods; laws and regulations intended for the promotion of safety and the protection and/or remediation of the environment; governmental support for other forms of energy; and laws and regulations affecting the Company’s relationships with employees, suppliers, customers, stockholders and others. Because governmental actions are often motivated by political considerations, may be taken without full consideration of their consequences, and may be taken in response to actions of other governments, it is not practical to attempt to predict the likelihood of such actions, the form the actions may take or the effect such actions may have on the Company. ENVIRONMENTAL MATTERS AND LEGAL MATTERS — Murphy USA is subject to numerous federal, state and local laws and regulations dealing with the environment. Violation of such environmental laws, regulations and permits can result in the imposition of significant civil and criminal penalties, injunctions and other sanctions. A discharge of hazardous substances into the environment could, to the extent such event is not insured, subject the Company to substantial expense, including both the cost to comply with applicable regulations and claims by neighboring landowners and other third parties for any personal injury, property damage and other losses that might result. The Company currently owns or leases, and has in the past owned or leased, properties at which hazardous substances have been or are being handled. Although the Company believes it has used operating and disposal practices that were standard in the industry at the time, hazardous substances may have been disposed of or released on or under the properties owned or leased by the Company or on or under other locations where they have been taken for disposal. In addition, many of these properties have been operated by third parties whose management of hazardous substances was not under the Company’s control. Under existing laws the Company could be required to remediate contaminated property (including contaminated groundwater) or to perform remedial actions to prevent future contamination. Certain of these contaminated properties are in various stages of negotiation, investigation, and/or cleanup, and the Company is investigating the extent of any related liability and the availability of applicable defenses. With the sale of the U.S. refineries in 2011, Murphy Oil retained certain liabilities related to environmental matters. Murphy Oil also obtained insurance covering certain levels of environmental exposures. The Company believes costs related to these sites will not have a material adverse effect on Murphy USA’s net income, financial condition or liquidity in a future period. Certain environmental expenditures are likely to be recovered by the Company from other sources, primarily environmental funds maintained by certain states. Since no assurance can be given that future recoveries from other sources will occur, the Company has not recorded a benefit for likely recoveries at March 31, 2018, however certain jurisdictions provide reimbursement for these expenses which have been considered in recording the net exposure. The U.S. Environmental Protection Agency (EPA) currently considers the Company a Potentially Responsible Party (PRP) at one Superfund site. The potential total cost to all parties to perform necessary remedial work at this site may be substantial. However, based on current negotiations and available information, the Company believes that it is a de minimis party as to ultimate responsibility at the Superfund site. Accordingly, the Company has not recorded a liability for remedial costs at the Superfund site at March 31, 2018. The Company could be required to bear a pro rata share of costs attributable to nonparticipating PRPs or could be assigned additional responsibility for remediation at this site or other Superfund sites. The Company believes that its share of the ultimate costs to clean-up this site will be immaterial and will not have a material adverse effect on its net income, financial condition or liquidity in a future period. Based on information currently available to the Company, the amount of future remediation costs to be incurred to address known contamination sites is not expected to have a material adverse effect on the Company’s future net income, cash flows or liquidity. However, there is the possibility that additional environmental expenditures could be required to address contamination, including as a result of discovering additional contamination or the imposition of new or revised requirements applicable to known contamination. Other than as noted above, Murphy USA is engaged in a number of other legal proceedings, all of which the Company considers routine and incidental to its business. Based on information currently available to the Company, the ultimate resolution of those other legal matters is not expected to have a material adverse effect on the Company’s net income, financial condition or liquidity in a future period. The Company was contacted by the State of Mississippi to settle alleged violations of the state's Petroleum Underground Storage Tank system requirements at several of the Company's facilities. Based on discussions to date, the civil penalty is anticipated to be approximately $0.1 million. We are negotiating this matter with the state's Department of Environmental Quality in order to establish a consent agreement and resolve any allegations of non-compliance. We do not anticipate that the resolution of this matter will have a material impact on our results of operations of financial condition. INSURANCE — The Company maintains insurance coverage at levels that are customary and consistent with industry standards for companies of similar size. Murphy USA maintains statutory workers compensation insurance with a deductible of $1.0 million per occurrence, general liability insurance with a deductible of $3.0 million per occurrence, and auto liability insurance with a deductible of $0.3 million per occurrence. As of March 31, 2018, there were a number of outstanding claims that are of a routine nature. The estimated incurred but unpaid liabilities relating to these claims are included in Trade account payables and accrued liabilities on the Consolidated Balance Sheets. While the ultimate outcome of these claims cannot presently be determined, management believes that the accrued liability of $20.0 million will be sufficient to cover the related liability for all insurance claims and that the ultimate disposition of these claims will have no material effect on the Company’s financial position and results of operations. The Company has obtained insurance coverage as appropriate for the business in which it is engaged, but may incur losses that are not covered by insurance or reserves, in whole or in part, and such losses could adversely affect our results of operations and financial position. TAX MATTERS — Murphy USA is subject to extensive tax liabilities imposed by multiple jurisdictions, including income taxes, indirect taxes (excise/duty, sales/use and gross receipts taxes), payroll taxes, franchise taxes, withholding taxes and ad valorem taxes. New tax laws and regulations and changes in existing tax laws and regulations are continuously being enacted or proposed that could result in increased expenditures for tax liabilities in the future. Many of these liabilities are subject to periodic audits by the respective taxing authority. Subsequent changes to our tax liabilities because of these audits may subject us to interest and penalties. OTHER MATTERS — In the normal course of its business, the Company is required under certain contracts with various governmental authorities and others to provide financial guarantees or letters of credit that may be drawn upon if the Company fails to perform under those contracts. At March 31, 2018, the Company had contingent liabilities of $15.4 million on outstanding letters of credit. The Company has not accrued a liability in its balance sheet related to these financial guarantees and letters of credit because it is believed that the likelihood of having these drawn is remote.

Business Segment

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Business Segment

The Company's operations have one operating segment which is Marketing. The operations include the sale of retail motor fuel products and convenience merchandise along with the wholesale and bulk sale capabilities of our Product Supply and Wholesale ("PS&W") group. As the primary purpose of the PS&W group is to support our retail operations and provide fuel for their daily operation, the bulk and wholesale fuel sales are secondary to the support functions performed by these groups. As such, they are all treated as one segment for reporting purposes as they sell the same products. This Marketing segment contains essentially all of the revenue generating functions of the Company. Results not included in the reportable segment include Corporate and Other Assets. Net settlement proceeds from litigation are included in Corporate and other assets operating income. The reportable segment was determined based on information reviewed by the Chief Operating Decision Maker (CODM).



			Three Months Ended
			March 31, 2018				March 31, 2017
	Total Assets at		External		Income		External		Income
(Millions of dollars)	March 31,		Revenues		(Loss)		Revenues		(Loss)
Marketing	$	1,966.1	$	3,243.8	$	10.7	$	2,999.4	$	0.6
Corporate and other assets	286.4		0.4		28.6		0.2		(3.6		)
Total	$	2,252.5	$	3,244.2	$	39.3	$	2,999.6	$	(3.0	)

Guarantor Subsidiaries

3 Months Ended

Mar. 31, 2018

Guarantor Subsidiaries [Abstract]

Guarantor Subsidiaries

Certain of the Company’s 100% owned, domestic subsidiaries (the “Guarantor Subsidiaries”) fully and unconditionally guarantee, on a joint and several basis, certain of the outstanding indebtedness of the Company, including the 6.00% senior notes due 2023 and the 5.625% senior notes due 2027. The following consolidating

schedules present financial information on a consolidated basis in conformity with the SEC’s Regulation S-X Rule 3-10(d):

CONSOLIDATING BALANCE SHEET

(unaudited)



(Millions of dollars, except share amounts)	March 31, 2018
Assets	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Current assets
Cash and cash equivalents	$	—		$	143.8		$	0.3		$	—		$	—		$	144.1
Accounts receivable—trade, less allowance for doubtful accounts of $1.1 in 2018	—			198.0			—			—			—			198.0
Inventories, at lower of cost or market	—			148.5			—			—			—			148.5
Prepaid expenses and other current assets	—			27.6			—			—			—			27.6
Total current assets	—			517.9			0.3			—			—			518.2
Property, plant and equipment, at cost less accumulated depreciation and amortization of $905.7 in 2018	—			1,689.6			1.5			—			—			1,691.1
Restricted cash	—			1.1			—			—			—			1.1
Investments in subsidiaries	2,262.7			144.9			—			—			(2,407.6		)	—
Other assets	—			42.1			—			—			—			42.1
Total assets	$	2,262.7		$	2,395.6		$	1.8		$	—		$	(2,407.6	)	$	2,252.5
Liabilities and Stockholders' Equity
Current liabilities
Current maturities of long-term debt	$	—		$	19.9		$	—		$	—		$	—		$	19.9
Inter-company accounts payable	900.9			(696.3		)	(50.3		)	(154.3		)	—			—
Trade accounts payable and accrued liabilities	—			475.0			—			—			—			475.0
Income taxes payable	—			1.2			—			—			—			1.2
Total current liabilities	900.9			(200.2		)	(50.3		)	(154.3		)	—			496.1
Long-term debt, including capitalized lease obligations	—			856.4			—			—			—			856.4
Deferred income taxes	—			155.3			—			—						155.3
Asset retirement obligations	—			28.5			—			—			—			28.5
Deferred credits and other liabilities	—			10.9			—			—			—			10.9
Total liabilities	900.9			850.9			(50.3		)	(154.3		)	—			1,547.2
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	—			—			—			—			—			—
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at March 31, 2018)	0.5			—			0.1			—			(0.1		)	0.5
Treasury Stock (13,535,183 shares held at March 31, 2018)	(873.8		)	—			—			—			—			(873.8		)
Additional paid in capital (APIC)	1,201.3			572.4			52.0			87.5			(1,368.4		)	544.8
Retained earnings	1,033.8			972.3			—			66.8			(1,039.1		)	1,033.8
Total stockholders' equity	1,361.8			1,544.7			52.1			154.3			(2,407.6		)	705.3
Total liabilities and stockholders' equity	$	2,262.7		$	2,395.6		$	1.8		$	—		$	(2,407.6	)	$	2,252.5

CONSOLIDATING BALANCE SHEET



(Millions of dollars, except share amounts)	December 31, 2017
Assets	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Current assets
Cash and cash equivalents	$	—		$	169.9		$	0.1		$	—		$	—		$	170.0
Accounts receivable—trade, less allowance for doubtful accounts of $1.1 in 2017	—			225.2			—			—			—			225.2
Inventories, at lower of cost or market	—			182.5			—			—			—			182.5
Prepaid expenses and other current assets	—			36.5			—			—			—			36.5
Total current assets	—			614.1			0.1			—			—			614.2
Property, plant and equipment, at cost less accumulated depreciation and amortization of $874.7 in 2017	—			1,678.3			1.2			—			—			1,679.5
Investments in subsidiaries	2,223.4			144.9			—			—			(2,368.3		)	—
Other assets	—			37.3			—			—			—			37.3
Total assets	$	2,223.4		$	2,474.6		$	1.3		$	—		$	(2,368.3	)	$	2,331.0
Liabilities and Stockholders' Equity
Current liabilities
Current maturities of long-term debt	$	—		$	19.9		$	—		$	—		$	—		$	19.9
Inter-company accounts payable	829.2			(624.1		)	(50.8		)	(154.3		)	—			—
Trade accounts payable and accrued liabilities	—			513.4			—			—			—			513.4
Income taxes payable	—			—			—			—			—			—
Total current liabilities	829.2			(90.8		)	(50.8		)	(154.3		)	—			533.3
Long-term debt, including capitalized lease obligations	—			860.9			—			—			—			860.9
Deferred income taxes	—			154.2			—			—			—			154.2
Asset retirement obligations	—			28.2			—			—			—			28.2
Deferred credits and other liabilities	—			16.0			—			—			—			16.0
Total liabilities	829.2			968.5			(50.8		)	(154.3		)	—			1,592.6
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	—			—			—			—			—			—
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at December 31, 2017)	0.5			—			0.1			—			(0.1		)	0.5
Treasury Stock (12,675,630 shares held at December 31, 2017)	(806.5		)	—			—			—			—			(806.5		)
Additional paid in capital (APIC)	1,205.7			573.1			52.0			87.5			(1,368.4		)	549.9
Retained earnings	994.5			933.0			—			66.8			(999.8		)	994.5
Total stockholders' equity	1,394.2			1,506.1			52.1			154.3			(2,368.3		)	738.4
Total liabilities and stockholders' equity	$	2,223.4		$	2,474.6		$	1.3		$	—		$	(2,368.3	)	$	2,331.0

CONSOLIDATING INCOME STATEMENT

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2018
Operating Revenues	Parent Company		Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Petroleum product sales	$	—	$	2,637.6		$	—	$	—	$	—		$	2,637.6
Merchandise sales	—		567.7			—		—		—			567.7
Other operating revenues	—		38.9			—		—		—			38.9
Total operating revenues	—		3,244.2			—		—		—			3,244.2

Operating Expenses
Petroleum product cost of goods sold	—		2,561.1			—		—		—			2,561.1
Merchandise cost of goods sold	—		476.2			—		—		—			476.2
Station and other operating expenses	—		127.4			—		—		—			127.4
Depreciation and amortization	—		31.8			—		—		—			31.8
Selling, general and administrative	—		34.5			—		—		—			34.5
Accretion of asset retirement obligations	—		0.5			—		—		—			0.5
Total operating expenses	—		3,231.5			—		—		—			3,231.5

Net settlement proceeds	—		47.0			—		—		—			47.0
Gain (loss) on sale of assets	—		0.3			—		—		—			0.3
Income (loss) from operations	—		60.0			—		—		—			60.0

Other income (expense)
Interest income	—		0.3			—		—		—			0.3
Interest expense	—		(13.0		)	—		—		—			(13.0		)
Other nonoperating income	—		—			—		—		—			—
Total other income (expense)	—		(12.7		)	—		—		—			(12.7		)
Income (loss) before income taxes	—		47.3			—		—		—			47.3
Income tax expense	—		8.0			—		—		—			8.0
Income (loss)	—		39.3			—		—		—			39.3
Equity earnings in affiliates, net of tax	39.3		—			—		—		(39.3		)	—
Net Income (Loss)	$	39.3	$	39.3		$	—	$	—	$	(39.3	)	$	39.3

CONSOLIDATING INCOME STATEMENT

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2017
Operating Revenues	Parent Company			Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Petroleum product sales	$	—		$	2,402.2		$	—	$	—	$	—	$	2,402.2
Merchandise sales	—			565.8			—		—		—		565.8
Other operating revenues	—			31.6			—		—		—		31.6
Total operating revenues	—			2,999.6			—		—		—		2,999.6

Operating Expenses
Petroleum product cost of goods sold	—			2,329.3			—		—		—		2,329.3
Merchandise cost of goods sold	—			477.0			—		—		—		477.0
Station and other operating expenses	—			124.8			—		—		—		124.8
Depreciation and amortization	—			27.0			—		—		—		27.0
Selling, general and administrative	—			38.2			—		—		—		38.2
Accretion of asset retirement obligations	—			0.4			—		—		—		0.4
Total operating expenses	—			2,996.7			—		—		—		2,996.7

Net settlement proceeds	—			—			—		—		—		—
Gain (loss) on sale of assets	—			(3.5		)	—		—		—		(3.5		)
Income (loss) from operations	—			(0.6		)	—		—		—		(0.6		)

Other income (expense)
Interest income	—			—			—		—		—		—
Interest expense	—			(9.4		)	—		—		—		(9.4		)
Other nonoperating income	—			0.2			—		—		—		0.2
Total other income (expense)	—			(9.2		)	—		—		—		(9.2		)
Income (loss) before income taxes	—			(9.8		)	—		—		—		(9.8		)
Income tax expense	—			(6.8		)	—		—		—		(6.8		)
Income (loss)	—			(3.0		)	—		—		—		(3.0		)
Equity earnings in affiliates, net of tax	(3.0		)	—			—		—		3.0		—
Net Income (Loss)	$	(3.0	)	$	(3.0	)	$	—	$	—	$	3.0	$	(3.0	)

CONSOLIDATING STATEMENT OF CASH FLOW

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2018
Operating Activities	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated
Net income (loss)	$	39.3		$	39.3		$	—		$	—	$	(39.3	)	$	39.3
Adjustments to reconcile net income (loss) to net cash provided by (required by) operating activities
Depreciation and amortization	—			31.8			—			—		—			31.8
Deferred and noncurrent income tax charges (credits)	—			1.1			—			—		—			1.1
Accretion of asset retirement obligations	—			0.5			—			—		—			0.5
(Gain) loss on sale of assets	—			(0.3		)	—			—		—			(0.3		)
Net decrease in noncash operating working capital	—			36.0			—			—		—			36.0
Equity in earnings of affiliates	(39.3		)	—			—			—		39.3			—
Other operating activities - net	—			(1.0		)	—			—		—			(1.0		)
Net cash provided by (required by) operating activities	—			107.4			—			—		—			107.4
Investing Activities
Property additions	—			(48.3		)	(0.4		)	—		—			(48.7		)
Proceeds from sale of assets	—			1.1			—			—		—			1.1
Other investing activities - net	—			(4.7		)	—			—		—			(4.7		)
Net cash provided by (required by) investing activities	—			(51.9		)	(0.4		)	—		—			(52.3		)
Financing Activities
Purchase of treasury stock	(71.7		)	—			—			—		—			(71.7		)
Borrowings of debt	—			—			—			—		—			—
Repayments of debt	—			(5.3		)	—			—		—			(5.3		)
Debt issuance costs	—			—			—			—		—			—
Amounts related to share-based compensation	—			(2.9		)	—			—		—			(2.9		)
Net distributions to parent	71.7			(72.3		)	0.6			—		—			—
Net cash provided by (required by) financing activities	—			(80.5		)	0.6			—		—			(79.9		)
Net increase (decrease) in cash and cash equivalents	—			(25.0		)	0.2			—		—			(24.8		)
Cash, cash equivalents, and restricted cash at January 1	—			169.9			0.1			—		—			170.0
Cash, cash equivalents, and restricted cash at March 31	$	—		$	144.9		$	0.3		$	—	$	—		$	145.2

Reconciliation of Cash, Cash Equivalents and Restricted Cash
Cash and cash equivalents at beginning of period	$	—		$	169.9		$	0.1		$	—	$	—		$	170.0
Restricted cash at beginning of period	—			—			—			—		—			—
Cash, cash equivalents, and restricted cash at beginning of period	$	—		$	169.9		$	0.1		$	—	$	—		$	170.0

Cash and cash equivalents at end of period	$	—		$	143.8		$	0.3		$	—	$	—		$	144.1
Restricted cash at end of period	—			1.1			—			—		—			1.1
Cash, cash equivalents, and restricted cash at end of period	$	—		$	144.9		$	0.3		$	—	$	—		$	145.2

CONSOLIDATING STATEMENT OF CASH FLOW

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2017
Operating Activities	Parent Company			Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	(3.0	)	$	(3.0	)	$	—	$	—		$	3.0		$	(3.0	)
Adjustments to reconcile net income (loss) to net cash provided by (required by)operating activities
Depreciation and amortization	—			27.0			—		—			—			27.0
Deferred and noncurrent income tax charges (credits)	—			5.6			—		—			—			5.6
Accretion of asset retirement obligations	—			0.4			—		—			—			0.4
Pretax (gains) losses from sale of assets	—			3.5			—		—			—			3.5
Net decrease in noncash operating working capital	—			(80.4		)	—		—			—			(80.4		)
Equity in earnings of affiliates	3.0			—			—		—			(3.0		)	—
Other operating activities - net	—			1.0			—		—			—			1.0
Net cash provided by (required by) operating activities	—			(45.9		)	—		—			—			(45.9		)
Investing Activities
Property additions	—			(65.1		)	—		(0.8		)	—			(65.9		)
Proceeds from sale of assets	—			0.5			—		—			—			0.5
Changes in restricted cash	—			—			—		—			—			—
Other investing activities - net	—			—			—		—			—			—
Net cash provided by (required by) investing activities	—			(64.6		)	—		(0.8		)	—			(65.4		)
Financing Activities
Purchase of treasury stock	(17.4		)	—			—		—			—			(17.4		)
Borrowings of debt	—			42.5			—		—			—			42.5
Repayments of debt	—			(26.2		)	—		—			—			(26.2		)
Debt issuance costs	—			—			—		—			—			—
Amounts related to share-based compensation	—			(5.1		)	—		—			—			(5.1		)
Net distributions to parent	17.4			(18.2		)	—		0.8			—			—
Net cash provided by (required) by financing activities	—			(7.0		)	—		0.8			—			(6.2		)
Net increase (decrease) in cash and cash equivalents	—			(117.5		)	—		—			—			(117.5		)
Cash, cash equivalents, and restricted cash at January 1	—			153.8			—		—			—			153.8
Cash, cash equivalents, and restricted cash at March 31	$	—		$	36.3		$	—	$	—		$	—		$	36.3

Reconciliation of Cash, Cash Equivalents and Restricted Cash
Cash and cash equivalents at beginning of period	$	—		$	153.8		$	—	$	—		$	—		$	153.8
Restricted cash at beginning of period	—			—			—		—			—			—
Cash, cash equivalents, and restricted cash at beginning of period	$	—		$	153.8		$	—	$	—		$	—		$	153.8

Cash and cash equivalents at end of period	$	—		$	36.3		$	—	$	—		$	—		$	36.3
Restricted cash at end of period	—			—			—		—			—			—
Cash, cash equivalents, and restricted cash at end of period	$	—		$	36.3		$	—	$	—		$	—		$	36.3

CONSOLIDATING STATEMENT OF CHANGES IN EQUITY

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2018
Statement of Stockholders' Equity	Parent Company			Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Common Stock
Balance as of December 31, 2017	$	0.5		$	—		$	0.1	$	—	$	(0.1	)	$	0.5
Issuance of common stock	—			—			—		—		—			—
Balance as of March 31, 2018	$	0.5		$	—		$	0.1	$	—	$	(0.1	)	$	0.5
Treasury Stock
Balance as of December 31, 2017	$	(806.5	)	$	—		$	—	$	—	$	—		$	(806.5	)
Issuance of treasury stock	4.4			—			—		—		—			4.4
Repurchase of treasury stock	(71.7		)	—			—		—		—			(71.7		)
Balance as of March 31, 2018	$	(873.8	)	$	—		$	—	$	—	$	—		$	(873.8	)
APIC
Balance as of December 31, 2017	$	1,205.7		$	573.1		$	52.0	$	87.5	$	(1,368.4	)	$	549.9
Issuance of treasury stock	(4.4		)	—			—		—		—			(4.4		)
Amounts related to share-based compensation	—			(2.9		)	—		—		—			(2.9		)
Share-based compensation expense	—			2.2			—		—		—			2.2
Balance as of March 31, 2018	$	1,201.3		$	572.4		$	52.0	$	87.5	$	(1,368.4	)	$	544.8
Retained Earnings
Balance as of December 31, 2017	$	994.5		$	933.0		$	—	$	66.8	$	(999.8	)	$	994.5
Net income (loss)	39.3			39.3			—		—		(39.3		)	39.3
Balance as of March 31, 2018	$	1,033.8		$	972.3		$	—	$	66.8	$	(1,039.1	)	$	1,033.8

CONSOLIDATING STATEMENT OF CHANGES IN EQUITY

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2017
Statement of Stockholders' Equity	Parent Company			Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Common Stock
Balance as of December 31, 2016	$	0.5		$	—		$	0.1	$	—	$	(0.1	)	$	0.5
Issuance of common stock	—			—			—		—		—			—
Balance as of March 31, 2017	$	0.5		$	—		$	0.1	$	—	$	(0.1	)	$	0.5
Treasury Stock
Balance as of December 31, 2016	$	(608.0	)	$	—		$	—	$	—	$	—		$	(608.0	)
Issuance of treasury stock	6.7			—			—		—		—			6.7
Repurchase of treasury stock	(17.4		)	—			—		—		—			(17.4		)
Balance as of March 31, 2017	$	(618.7	)	$	—		$	—	$	—	$	—		$	(618.7	)
APIC
Balance as of December 31, 2016	$	1,213.1		$	571.1		$	52.0	$	87.5	$	(1,368.4	)	$	555.3
Issuance of treasury stock	(6.7		)	—			—		—		—			(6.7		)
Amounts related to share-based compensation	—			(5.0		)	—		—		—			(5.0		)
Share-based compensation expense	—			1.2			—		—		—			1.2
Balance as of March 31, 2017	$	1,206.4		$	567.3		$	52.0	$	87.5	$	(1,368.4	)	$	544.8
Retained Earnings
Balance as of December 31, 2016	$	749.3		$	687.8		$	—	$	66.8	$	(754.6	)	$	749.3
Net income (loss)	(3.0		)	(3.0		)	—		—		3.0			(3.0		)
Balance as of March 31, 2017	$	746.3		$	684.8		$	—	$	66.8	$	(751.6	)	$	746.3

Description of Business and Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation — Murphy USA was incorporated in March 2013 and, in connection with its incorporation, Murphy USA issued 100 shares of common stock, par value $0.01 per share, to Murphy Oil Corporation (“Murphy Oil”) for $1.00. On August 30, 2013, Murphy USA was separated from Murphy Oil through the distribution of 100% of the common stock of Murphy USA to holders of Murphy Oil stock. In preparing the financial statements of Murphy USA in conformity with accounting principles generally accepted in the United States, management has made a number of estimates and assumptions related to the reporting of assets, liabilities, revenues, expenses and the disclosure of contingent assets and liabilities. Actual results may differ from these estimates.
Recently Issued Accounting Standards	Recently Issued Accounting Standards— In May 2014, the FASB issued Accounting Standards Update No. 2014-09 (Topic 606) "Revenue from Contracts with Customers". Topic 606 supersedes the revenue recognition requirements Topic 605, "Revenue Recognition" (Topic 605), and requires entities to recognize revenue when control of the promised goods or services is transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. We adopted Topic 606 as of January 1, 2018 using the modified retrospective transition method. See Note 2 "Revenues" for further details. In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)" (“ASU 2016-02”). ASU 2016-02 amends the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheets. Lessor accounting will remain similar to lessor accounting under previous GAAP, while aligning with the FASB’s new revenue recognition guidance. ASU 2016-02 is effective for the Company beginning January 1, 2019. Early adoption of ASU 2016-02 is permitted. The standard requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application, with an option to use certain transition relief. While this ASU will have an impact on the Company's internal processes and controls and result in a change to the Company's accounting, we are still in the evaluation and information gathering stage of implementing the guidance and can not yet estimate the potential impact. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash". This ASU requires that a Statement of Cash Flows explain the change during the period in the total cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Restricted cash and restricted cash equivalents will be included with cash and cash equivalents when reconciling the beginning of period and end of period balances on the Statement of Cash Flows upon adoption of this standard. The standard was effective for the Company on January 1, 2018 and was applied retrospectively to the Statement of Cash Flows. Accordingly, the Consolidated Statement of Cash Flows presents a reconciliation of the changes in cash, cash equivalents and restricted cash. Restricted cash consists of funds held by third party intermediaries for like-kind property exchanges and reported as a long-term asset in the Company's Balance Sheet.

Revenues (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table disaggregates our revenue by major source for the quarters ended March 31, 2018 and 2017, respectively:



	Period Ended March 31, 2018						Period Ended March 31, 2017
(Millions of dollars)	Marketing		Corporate and Other Assets		Consolidated		Marketing		Corporate and Other Assets		Consolidated
Petroleum product sales (at retail) ¹	$	2,339.7	$	—	$	2,339.7	$	2,133.9	$	—	$	2,133.9
Petroleum product sales (at wholesale) ¹	297.9		—		297.9		268.3		—		268.3
Total petroleum product sales	2,637.6		—		2,637.6		2,402.2		—		2,402.2
Merchandise sales	567.7		—		567.7		565.8		—		565.8
Other operating revenues:
RINs	37.4		—		37.4		29.0		—		29.0
Other revenues ²	1.1		0.4		1.5		2.4		0.2		2.6
Total revenues	$	3,243.8	$	0.4	$	3,244.2	$	2,999.4	$	0.2	$	2,999.6

¹ Includes excise and sales tax that remain eligible for inclusion under Topic 606

² Primarily includes collection allowance on excise and sales taxes and other miscellaneous items

Inventories (Tables)

3 Months Ended

Mar. 31, 2018

Inventory Disclosure [Abstract]

Summary of Inventory

Inventories consisted of the following:



(Millions of dollars)	March 31, 2018			December 31, 2017
Finished products - First-In, First-Out ("FIFO") basis	$	218.9		$	231.9
Less Last-In, First-Out ("LIFO") reserve - finished products	(181.5		)	(167.2		)
Finished products - LIFO basis	37.4			64.7
Store merchandise for resale	97.6			104.8
Materials and supplies	13.5			13.0
Total inventories	$	148.5		$	182.5

Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Long-term debt consisted of the following:



(Millions of dollars)	March 31, 2018			December 31, 2017
6.00% senior notes due 2023 (net of unamortized discount of $4.7 at March 31, 2018 and $5.0 at December 2017)	$	495.3		$	495.0
5.625% senior notes due 2027 (net of unamortized discount of $3.4 at March 31, 2018 and $3.5 at December 2017)	296.6			296.5
Term loan due 2020 (effective interest rate of 4.73% at March 31, 2018)	87.0			92.0
Capitalized lease obligations, vehicles, due through 2021	2.2			2.5
Less unamortized debt issuance costs	(4.8		)	(5.2		)
Total long-term debt	876.3			880.8
Less current maturities	19.9			19.9
Total long-term debt, net of current	$	856.4		$	860.9

Asset Retirement Obligations (ARO) (Tables)

3 Months Ended

Mar. 31, 2018

Asset Retirement Obligation Disclosure [Abstract]

Reconciliation of Beginning and Ending Aggregate Carrying Amount of Asset Retirement Obligation

A reconciliation of the beginning and ending aggregate carrying amount of the ARO is shown in the following table.



(Millions of dollars)	March 31, 2018			December 31, 2017
Balance at beginning of period	$	28.2		$	26.2
Accretion expense	0.5			1.8
Settlements of liabilities	(0.2		)	(0.3		)
Liabilities incurred	—			0.5
Balance at end of period	$	28.5		$	28.2

Income Taxes (Tables)

3 Months Ended

Mar. 31, 2018

Income Tax Disclosure [Abstract]

Summary of Effective Income Tax Rates

For the three month periods ended March 31, 2018 and 2017, the Company’s approximate effective tax rates were as follows:



	2018	2017
Three months ended March 31,	16.8%	(69.2)%

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Reconciliation of Basic and Diluted Earnings Per Share Computations

The following table provides a reconciliation of basic and diluted earnings per share computations for the three months ended March 31, 2018 and 2017:



	Three Months Ended March 31,
(Millions of dollars, except share amounts)	2018		2017
Earnings per common share:
Net income (loss) per share - basic
Net income (loss) attributable to common stockholders	$	39.3	$	(3.0	)

Weighted average common shares outstanding (in thousands)	33,698		36,880

Earnings per common share	$	1.17	$	(0.08	)



Earnings per common share - assuming dilution:
Net income (loss) per share - diluted
Net income (loss) attributable to common stockholders	$	39.3	$	(3.0	)

Weighted average common shares outstanding (in thousands)	33,698		36,880
Common equivalent shares:
Share-based awards	364		—
Weighted average common shares outstanding - assuming dilution (in thousands)	34,062		36,880

Earnings per common share assuming dilution	$	1.16	$	(0.08	)

Other Financial Information (Tables)

3 Months Ended

Mar. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Changes in Operating Working Capital



	Three Months Ended March 31,
(Millions of dollars)	2018			2017
Accounts receivable	$	27.2		$	27.1
Inventories	33.9			(13.1		)
Prepaid expenses and other current assets	8.9			(12.9		)
Accounts payable and accrued liabilities	(35.2		)	(80.9		)
Income taxes payable	1.2			(0.6		)
Net decrease (increase) in noncash operating working capital	$	36.0		$	(80.4	)

Assets and Liabilities Measured at Fair Value (Tables)

3 Months Ended

Mar. 31, 2018

Fair Value Disclosures [Abstract]

Schedule of Carrying Amounts and Estimated Fair Value of Financial Instruments

The following table presents the carrying amounts and estimated fair values of financial instruments held by the Company at March 31, 2018 and December 31, 2017. The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties. The table excludes Cash and cash equivalents, Accounts receivable-trade, Restricted cash, and Trade accounts payable and accrued liabilities, all of which had fair values approximating carrying amounts. The fair value of Current and Long-term debt was estimated based on rates offered to the Company at that time for debt of the same maturities. The Company has off-balance sheet exposures relating to certain financial guarantees and letters of credit. The fair value of these, which represents fees associated with obtaining the instruments, was nominal.



	At March 31, 2018						At December 31, 2017
	Carrying						Carrying
(Millions of dollars)	Amount			Fair Value			Amount			Fair Value
Financial liabilities
Current and long-term debt	$	(876.3	)	$	(893.1	)	$	(880.8	)	$	(904.9	)

Business Segment (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Summary of Information by Business Segment



			Three Months Ended
			March 31, 2018				March 31, 2017
	Total Assets at		External		Income		External		Income
(Millions of dollars)	March 31,		Revenues		(Loss)		Revenues		(Loss)
Marketing	$	1,966.1	$	3,243.8	$	10.7	$	2,999.4	$	0.6
Corporate and other assets	286.4		0.4		28.6		0.2		(3.6		)
Total	$	2,252.5	$	3,244.2	$	39.3	$	2,999.6	$	(3.0	)

Guarantor Subsidiaries (Tables)

3 Months Ended

Mar. 31, 2018

Guarantor Subsidiaries [Abstract]

Consolidating Balance Sheet

The following consolidating

schedules present financial information on a consolidated basis in conformity with the SEC’s Regulation S-X Rule 3-10(d):

CONSOLIDATING BALANCE SHEET

(unaudited)



(Millions of dollars, except share amounts)	March 31, 2018
Assets	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Current assets
Cash and cash equivalents	$	—		$	143.8		$	0.3		$	—		$	—		$	144.1
Accounts receivable—trade, less allowance for doubtful accounts of $1.1 in 2018	—			198.0			—			—			—			198.0
Inventories, at lower of cost or market	—			148.5			—			—			—			148.5
Prepaid expenses and other current assets	—			27.6			—			—			—			27.6
Total current assets	—			517.9			0.3			—			—			518.2
Property, plant and equipment, at cost less accumulated depreciation and amortization of $905.7 in 2018	—			1,689.6			1.5			—			—			1,691.1
Restricted cash	—			1.1			—			—			—			1.1
Investments in subsidiaries	2,262.7			144.9			—			—			(2,407.6		)	—
Other assets	—			42.1			—			—			—			42.1
Total assets	$	2,262.7		$	2,395.6		$	1.8		$	—		$	(2,407.6	)	$	2,252.5
Liabilities and Stockholders' Equity
Current liabilities
Current maturities of long-term debt	$	—		$	19.9		$	—		$	—		$	—		$	19.9
Inter-company accounts payable	900.9			(696.3		)	(50.3		)	(154.3		)	—			—
Trade accounts payable and accrued liabilities	—			475.0			—			—			—			475.0
Income taxes payable	—			1.2			—			—			—			1.2
Total current liabilities	900.9			(200.2		)	(50.3		)	(154.3		)	—			496.1
Long-term debt, including capitalized lease obligations	—			856.4			—			—			—			856.4
Deferred income taxes	—			155.3			—			—						155.3
Asset retirement obligations	—			28.5			—			—			—			28.5
Deferred credits and other liabilities	—			10.9			—			—			—			10.9
Total liabilities	900.9			850.9			(50.3		)	(154.3		)	—			1,547.2
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	—			—			—			—			—			—
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at March 31, 2018)	0.5			—			0.1			—			(0.1		)	0.5
Treasury Stock (13,535,183 shares held at March 31, 2018)	(873.8		)	—			—			—			—			(873.8		)
Additional paid in capital (APIC)	1,201.3			572.4			52.0			87.5			(1,368.4		)	544.8
Retained earnings	1,033.8			972.3			—			66.8			(1,039.1		)	1,033.8
Total stockholders' equity	1,361.8			1,544.7			52.1			154.3			(2,407.6		)	705.3
Total liabilities and stockholders' equity	$	2,262.7		$	2,395.6		$	1.8		$	—		$	(2,407.6	)	$	2,252.5

CONSOLIDATING BALANCE SHEET



(Millions of dollars, except share amounts)	December 31, 2017
Assets	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Current assets
Cash and cash equivalents	$	—		$	169.9		$	0.1		$	—		$	—		$	170.0
Accounts receivable—trade, less allowance for doubtful accounts of $1.1 in 2017	—			225.2			—			—			—			225.2
Inventories, at lower of cost or market	—			182.5			—			—			—			182.5
Prepaid expenses and other current assets	—			36.5			—			—			—			36.5
Total current assets	—			614.1			0.1			—			—			614.2
Property, plant and equipment, at cost less accumulated depreciation and amortization of $874.7 in 2017	—			1,678.3			1.2			—			—			1,679.5
Investments in subsidiaries	2,223.4			144.9			—			—			(2,368.3		)	—
Other assets	—			37.3			—			—			—			37.3
Total assets	$	2,223.4		$	2,474.6		$	1.3		$	—		$	(2,368.3	)	$	2,331.0
Liabilities and Stockholders' Equity
Current liabilities
Current maturities of long-term debt	$	—		$	19.9		$	—		$	—		$	—		$	19.9
Inter-company accounts payable	829.2			(624.1		)	(50.8		)	(154.3		)	—			—
Trade accounts payable and accrued liabilities	—			513.4			—			—			—			513.4
Income taxes payable	—			—			—			—			—			—
Total current liabilities	829.2			(90.8		)	(50.8		)	(154.3		)	—			533.3
Long-term debt, including capitalized lease obligations	—			860.9			—			—			—			860.9
Deferred income taxes	—			154.2			—			—			—			154.2
Asset retirement obligations	—			28.2			—			—			—			28.2
Deferred credits and other liabilities	—			16.0			—			—			—			16.0
Total liabilities	829.2			968.5			(50.8		)	(154.3		)	—			1,592.6
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	—			—			—			—			—			—
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at December 31, 2017)	0.5			—			0.1			—			(0.1		)	0.5
Treasury Stock (12,675,630 shares held at December 31, 2017)	(806.5		)	—			—			—			—			(806.5		)
Additional paid in capital (APIC)	1,205.7			573.1			52.0			87.5			(1,368.4		)	549.9
Retained earnings	994.5			933.0			—			66.8			(999.8		)	994.5
Total stockholders' equity	1,394.2			1,506.1			52.1			154.3			(2,368.3		)	738.4
Total liabilities and stockholders' equity	$	2,223.4		$	2,474.6		$	1.3		$	—		$	(2,368.3	)	$	2,331.0

Consolidating Income Statement

CONSOLIDATING INCOME STATEMENT

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2018
Operating Revenues	Parent Company		Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Petroleum product sales	$	—	$	2,637.6		$	—	$	—	$	—		$	2,637.6
Merchandise sales	—		567.7			—		—		—			567.7
Other operating revenues	—		38.9			—		—		—			38.9
Total operating revenues	—		3,244.2			—		—		—			3,244.2

Operating Expenses
Petroleum product cost of goods sold	—		2,561.1			—		—		—			2,561.1
Merchandise cost of goods sold	—		476.2			—		—		—			476.2
Station and other operating expenses	—		127.4			—		—		—			127.4
Depreciation and amortization	—		31.8			—		—		—			31.8
Selling, general and administrative	—		34.5			—		—		—			34.5
Accretion of asset retirement obligations	—		0.5			—		—		—			0.5
Total operating expenses	—		3,231.5			—		—		—			3,231.5

Net settlement proceeds	—		47.0			—		—		—			47.0
Gain (loss) on sale of assets	—		0.3			—		—		—			0.3
Income (loss) from operations	—		60.0			—		—		—			60.0

Other income (expense)
Interest income	—		0.3			—		—		—			0.3
Interest expense	—		(13.0		)	—		—		—			(13.0		)
Other nonoperating income	—		—			—		—		—			—
Total other income (expense)	—		(12.7		)	—		—		—			(12.7		)
Income (loss) before income taxes	—		47.3			—		—		—			47.3
Income tax expense	—		8.0			—		—		—			8.0
Income (loss)	—		39.3			—		—		—			39.3
Equity earnings in affiliates, net of tax	39.3		—			—		—		(39.3		)	—
Net Income (Loss)	$	39.3	$	39.3		$	—	$	—	$	(39.3	)	$	39.3

CONSOLIDATING INCOME STATEMENT

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2017
Operating Revenues	Parent Company			Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations		Consolidated
Petroleum product sales	$	—		$	2,402.2		$	—	$	—	$	—	$	2,402.2
Merchandise sales	—			565.8			—		—		—		565.8
Other operating revenues	—			31.6			—		—		—		31.6
Total operating revenues	—			2,999.6			—		—		—		2,999.6

Operating Expenses
Petroleum product cost of goods sold	—			2,329.3			—		—		—		2,329.3
Merchandise cost of goods sold	—			477.0			—		—		—		477.0
Station and other operating expenses	—			124.8			—		—		—		124.8
Depreciation and amortization	—			27.0			—		—		—		27.0
Selling, general and administrative	—			38.2			—		—		—		38.2
Accretion of asset retirement obligations	—			0.4			—		—		—		0.4
Total operating expenses	—			2,996.7			—		—		—		2,996.7

Net settlement proceeds	—			—			—		—		—		—
Gain (loss) on sale of assets	—			(3.5		)	—		—		—		(3.5		)
Income (loss) from operations	—			(0.6		)	—		—		—		(0.6		)

Other income (expense)
Interest income	—			—			—		—		—		—
Interest expense	—			(9.4		)	—		—		—		(9.4		)
Other nonoperating income	—			0.2			—		—		—		0.2
Total other income (expense)	—			(9.2		)	—		—		—		(9.2		)
Income (loss) before income taxes	—			(9.8		)	—		—		—		(9.8		)
Income tax expense	—			(6.8		)	—		—		—		(6.8		)
Income (loss)	—			(3.0		)	—		—		—		(3.0		)
Equity earnings in affiliates, net of tax	(3.0		)	—			—		—		3.0		—
Net Income (Loss)	$	(3.0	)	$	(3.0	)	$	—	$	—	$	3.0	$	(3.0	)

Consolidating Statement of Cash Flow

CONSOLIDATING STATEMENT OF CASH FLOW

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2018
Operating Activities	Parent Company			Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated
Net income (loss)	$	39.3		$	39.3		$	—		$	—	$	(39.3	)	$	39.3
Adjustments to reconcile net income (loss) to net cash provided by (required by) operating activities
Depreciation and amortization	—			31.8			—			—		—			31.8
Deferred and noncurrent income tax charges (credits)	—			1.1			—			—		—			1.1
Accretion of asset retirement obligations	—			0.5			—			—		—			0.5
(Gain) loss on sale of assets	—			(0.3		)	—			—		—			(0.3		)
Net decrease in noncash operating working capital	—			36.0			—			—		—			36.0
Equity in earnings of affiliates	(39.3		)	—			—			—		39.3			—
Other operating activities - net	—			(1.0		)	—			—		—			(1.0		)
Net cash provided by (required by) operating activities	—			107.4			—			—		—			107.4
Investing Activities
Property additions	—			(48.3		)	(0.4		)	—		—			(48.7		)
Proceeds from sale of assets	—			1.1			—			—		—			1.1
Other investing activities - net	—			(4.7		)	—			—		—			(4.7		)
Net cash provided by (required by) investing activities	—			(51.9		)	(0.4		)	—		—			(52.3		)
Financing Activities
Purchase of treasury stock	(71.7		)	—			—			—		—			(71.7		)
Borrowings of debt	—			—			—			—		—			—
Repayments of debt	—			(5.3		)	—			—		—			(5.3		)
Debt issuance costs	—			—			—			—		—			—
Amounts related to share-based compensation	—			(2.9		)	—			—		—			(2.9		)
Net distributions to parent	71.7			(72.3		)	0.6			—		—			—
Net cash provided by (required by) financing activities	—			(80.5		)	0.6			—		—			(79.9		)
Net increase (decrease) in cash and cash equivalents	—			(25.0		)	0.2			—		—			(24.8		)
Cash, cash equivalents, and restricted cash at January 1	—			169.9			0.1			—		—			170.0
Cash, cash equivalents, and restricted cash at March 31	$	—		$	144.9		$	0.3		$	—	$	—		$	145.2

Reconciliation of Cash, Cash Equivalents and Restricted Cash
Cash and cash equivalents at beginning of period	$	—		$	169.9		$	0.1		$	—	$	—		$	170.0
Restricted cash at beginning of period	—			—			—			—		—			—
Cash, cash equivalents, and restricted cash at beginning of period	$	—		$	169.9		$	0.1		$	—	$	—		$	170.0

Cash and cash equivalents at end of period	$	—		$	143.8		$	0.3		$	—	$	—		$	144.1
Restricted cash at end of period	—			1.1			—			—		—			1.1
Cash, cash equivalents, and restricted cash at end of period	$	—		$	144.9		$	0.3		$	—	$	—		$	145.2

CONSOLIDATING STATEMENT OF CASH FLOW

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2017
Operating Activities	Parent Company			Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	(3.0	)	$	(3.0	)	$	—	$	—		$	3.0		$	(3.0	)
Adjustments to reconcile net income (loss) to net cash provided by (required by)operating activities
Depreciation and amortization	—			27.0			—		—			—			27.0
Deferred and noncurrent income tax charges (credits)	—			5.6			—		—			—			5.6
Accretion of asset retirement obligations	—			0.4			—		—			—			0.4
Pretax (gains) losses from sale of assets	—			3.5			—		—			—			3.5
Net decrease in noncash operating working capital	—			(80.4		)	—		—			—			(80.4		)
Equity in earnings of affiliates	3.0			—			—		—			(3.0		)	—
Other operating activities - net	—			1.0			—		—			—			1.0
Net cash provided by (required by) operating activities	—			(45.9		)	—		—			—			(45.9		)
Investing Activities
Property additions	—			(65.1		)	—		(0.8		)	—			(65.9		)
Proceeds from sale of assets	—			0.5			—		—			—			0.5
Changes in restricted cash	—			—			—		—			—			—
Other investing activities - net	—			—			—		—			—			—
Net cash provided by (required by) investing activities	—			(64.6		)	—		(0.8		)	—			(65.4		)
Financing Activities
Purchase of treasury stock	(17.4		)	—			—		—			—			(17.4		)
Borrowings of debt	—			42.5			—		—			—			42.5
Repayments of debt	—			(26.2		)	—		—			—			(26.2		)
Debt issuance costs	—			—			—		—			—			—
Amounts related to share-based compensation	—			(5.1		)	—		—			—			(5.1		)
Net distributions to parent	17.4			(18.2		)	—		0.8			—			—
Net cash provided by (required) by financing activities	—			(7.0		)	—		0.8			—			(6.2		)
Net increase (decrease) in cash and cash equivalents	—			(117.5		)	—		—			—			(117.5		)
Cash, cash equivalents, and restricted cash at January 1	—			153.8			—		—			—			153.8
Cash, cash equivalents, and restricted cash at March 31	$	—		$	36.3		$	—	$	—		$	—		$	36.3

Reconciliation of Cash, Cash Equivalents and Restricted Cash
Cash and cash equivalents at beginning of period	$	—		$	153.8		$	—	$	—		$	—		$	153.8
Restricted cash at beginning of period	—			—			—		—			—			—
Cash, cash equivalents, and restricted cash at beginning of period	$	—		$	153.8		$	—	$	—		$	—		$	153.8

Cash and cash equivalents at end of period	$	—		$	36.3		$	—	$	—		$	—		$	36.3
Restricted cash at end of period	—			—			—		—			—			—
Cash, cash equivalents, and restricted cash at end of period	$	—		$	36.3		$	—	$	—		$	—		$	36.3

Consolidating Statement of Changes in Equity

CONSOLIDATING STATEMENT OF CHANGES IN EQUITY

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2018
Statement of Stockholders' Equity	Parent Company			Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Common Stock
Balance as of December 31, 2017	$	0.5		$	—		$	0.1	$	—	$	(0.1	)	$	0.5
Issuance of common stock	—			—			—		—		—			—
Balance as of March 31, 2018	$	0.5		$	—		$	0.1	$	—	$	(0.1	)	$	0.5
Treasury Stock
Balance as of December 31, 2017	$	(806.5	)	$	—		$	—	$	—	$	—		$	(806.5	)
Issuance of treasury stock	4.4			—			—		—		—			4.4
Repurchase of treasury stock	(71.7		)	—			—		—		—			(71.7		)
Balance as of March 31, 2018	$	(873.8	)	$	—		$	—	$	—	$	—		$	(873.8	)
APIC
Balance as of December 31, 2017	$	1,205.7		$	573.1		$	52.0	$	87.5	$	(1,368.4	)	$	549.9
Issuance of treasury stock	(4.4		)	—			—		—		—			(4.4		)
Amounts related to share-based compensation	—			(2.9		)	—		—		—			(2.9		)
Share-based compensation expense	—			2.2			—		—		—			2.2
Balance as of March 31, 2018	$	1,201.3		$	572.4		$	52.0	$	87.5	$	(1,368.4	)	$	544.8
Retained Earnings
Balance as of December 31, 2017	$	994.5		$	933.0		$	—	$	66.8	$	(999.8	)	$	994.5
Net income (loss)	39.3			39.3			—		—		(39.3		)	39.3
Balance as of March 31, 2018	$	1,033.8		$	972.3		$	—	$	66.8	$	(1,039.1	)	$	1,033.8

CONSOLIDATING STATEMENT OF CHANGES IN EQUITY

(unaudited)



(Millions of dollars)	Three Months Ended March 31, 2017
Statement of Stockholders' Equity	Parent Company			Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Common Stock
Balance as of December 31, 2016	$	0.5		$	—		$	0.1	$	—	$	(0.1	)	$	0.5
Issuance of common stock	—			—			—		—		—			—
Balance as of March 31, 2017	$	0.5		$	—		$	0.1	$	—	$	(0.1	)	$	0.5
Treasury Stock
Balance as of December 31, 2016	$	(608.0	)	$	—		$	—	$	—	$	—		$	(608.0	)
Issuance of treasury stock	6.7			—			—		—		—			6.7
Repurchase of treasury stock	(17.4		)	—			—		—		—			(17.4		)
Balance as of March 31, 2017	$	(618.7	)	$	—		$	—	$	—	$	—		$	(618.7	)
APIC
Balance as of December 31, 2016	$	1,213.1		$	571.1		$	52.0	$	87.5	$	(1,368.4	)	$	555.3
Issuance of treasury stock	(6.7		)	—			—		—		—			(6.7		)
Amounts related to share-based compensation	—			(5.0		)	—		—		—			(5.0		)
Share-based compensation expense	—			1.2			—		—		—			1.2
Balance as of March 31, 2017	$	1,206.4		$	567.3		$	52.0	$	87.5	$	(1,368.4	)	$	544.8
Retained Earnings
Balance as of December 31, 2016	$	749.3		$	687.8		$	—	$	66.8	$	(754.6	)	$	749.3
Net income (loss)	(3.0		)	(3.0		)	—		—		3.0			(3.0		)
Balance as of March 31, 2017	$	746.3		$	684.8		$	—	$	66.8	$	(751.6	)	$	746.3

Description of Business and Basis of Presentation (Details)		1 Months Ended
	Aug. 30, 2013	Mar. 31, 2013 USD ($) $ / shares shares	Mar. 31, 2018 state station $ / shares	Dec. 31, 2017 $ / shares
Product Information [Line Items]
Number of states in which entity operates \| state			26
Number of stations			1,448
Common stock shares issued (in shares) \| shares		100
Common stock par value (in dollars per share) \| $ / shares		$ 0.01	$ 0.01	$ 0.01
Proceeds from issuance of common stock \| $		$ 1.00
Percentage of shares of stock distributed	100.00%
Murphy USA
Product Information [Line Items]
Number of stations			1,158
Murphy Express
Product Information [Line Items]
Number of stations			290

Revenues (Disaggregation of Revenue) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Disaggregation of Revenue [Line Items]
Total revenues	$ 3,244.2	$ 2,999.6
Petroleum product sales (at retail)
Disaggregation of Revenue [Line Items]
Total revenues	2,339.7	2,133.9
Petroleum product sales (at wholesale)
Disaggregation of Revenue [Line Items]
Total revenues	297.9	268.3
Total petroleum product sales
Disaggregation of Revenue [Line Items]
Total revenues	2,637.6	2,402.2
Merchandise sales
Disaggregation of Revenue [Line Items]
Total revenues	567.7	565.8
RINs
Disaggregation of Revenue [Line Items]
Total revenues	37.4	29.0
Other revenues
Disaggregation of Revenue [Line Items]
Total revenues	1.5	2.6
Operating Segments \| Marketing
Disaggregation of Revenue [Line Items]
Total revenues	3,243.8	2,999.4
Operating Segments \| Marketing \| Petroleum product sales (at retail)
Disaggregation of Revenue [Line Items]
Total revenues	2,339.7	2,133.9
Operating Segments \| Marketing \| Petroleum product sales (at wholesale)
Disaggregation of Revenue [Line Items]
Total revenues	297.9	268.3
Operating Segments \| Marketing \| Total petroleum product sales
Disaggregation of Revenue [Line Items]
Total revenues	2,637.6	2,402.2
Operating Segments \| Marketing \| Merchandise sales
Disaggregation of Revenue [Line Items]
Total revenues	567.7	565.8
Operating Segments \| Marketing \| RINs
Disaggregation of Revenue [Line Items]
Total revenues	37.4	29.0
Operating Segments \| Marketing \| Other revenues
Disaggregation of Revenue [Line Items]
Total revenues	1.1	2.4
Corporate and other assets
Disaggregation of Revenue [Line Items]
Total revenues	0.4	0.2
Corporate and other assets \| Petroleum product sales (at retail)
Disaggregation of Revenue [Line Items]
Total revenues	0.0	0.0
Corporate and other assets \| Petroleum product sales (at wholesale)
Disaggregation of Revenue [Line Items]
Total revenues	0.0	0.0
Corporate and other assets \| Total petroleum product sales
Disaggregation of Revenue [Line Items]
Total revenues	0.0	0.0
Corporate and other assets \| Merchandise sales
Disaggregation of Revenue [Line Items]
Total revenues	0.0	0.0
Corporate and other assets \| RINs
Disaggregation of Revenue [Line Items]
Total revenues	0.0	0.0
Corporate and other assets \| Other revenues
Disaggregation of Revenue [Line Items]
Total revenues	$ 0.4	$ 0.2

Revenues (Narrative) (Details) - USD ($)
$ in Millions

3 Months Ended

Mar. 31, 2018

Mar. 31, 2017

Dec. 31, 2017

Trade accounts receivable

$ 3,244.2

$ 2,999.6

198.0

$ 225.2

Customer trade accounts receivable

Trade accounts receivable

144.3

$ 145.6

Petroleum product sales (at retail)

Petroleum product sales (at retail) | Difference between Revenue Guidance in Effect before and after Topic 606

2,339.7

2,133.9

Petroleum product sales (at wholesale)

^[1]

5.5

Petroleum product sales (at wholesale) | Difference between Revenue Guidance in Effect before and after Topic 606

297.9

268.3

^[1]

35.3

Petroleum product sales | Difference between Revenue Guidance in Effect before and after Topic 606

2,637.6

2,402.2

Petroleum product sales, wholesale, bulk pipeline sales

^[1]

$ 40.8

Petroleum product sales, wholesale, rack sales

7 days

10 days

RINs

$ 37.4

$ 29.0

Minimum | Petroleum product sales (at retail)

5 days

Maximum | Petroleum product sales (at retail)

2 days

7 days

[1]	Includes excise taxes of $434.4 million and $480.1 million for the three months ended March 31, 2018 and 2017, respectively.

Inventories (Summary Of Inventory) (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Finished products - First-In, First-Out (FIFO) basis	$ 218.9	$ 231.9
Less Last-In, First-Out (LIFO) reserve - finished products	(181.5)	(167.2)
Finished products - LIFO basis	37.4	64.7
Store merchandise for resale	97.6	104.8
Materials and supplies	13.5	13.0
Total inventories	$ 148.5	$ 182.5

Long-Term Debt (Summary Of Long-Term Debt) (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017	Apr. 25, 2017	Aug. 14, 2013
Debt Instrument [Line Items]
Capitalized lease obligations, vehicles, due through 2021	$ 2.2	$ 2.5
Less unamortized debt issuance costs	(4.8)	(5.2)
Total long-term debt	876.3	880.8
Less current maturities	19.9	19.9
Total long-term debt, net of current	856.4	860.9
Senior Notes \| 6% Senior Notes Due 2023
Debt Instrument [Line Items]
Long-term debt, gross	$ 495.3	495.0
Stated interest rate (percent)	6.00%			6.00%
Unamortized discount	$ 4.7	5.0
Senior Notes \| 5.625% Senior Notes Due 2027
Debt Instrument [Line Items]
Long-term debt, gross	$ 296.6	296.5
Stated interest rate (percent)	5.625%		5.625%
Unamortized discount	$ 3.4	3.5
Secured Debt \| Term Loan Due 2020 \| Term Facility
Debt Instrument [Line Items]
Long-term debt, gross	$ 87.0	$ 92.0
Effective interest rate (percent)	4.73%

Long-Term Debt (Narrative) (Details)		3 Months Ended
Long-Term Debt (Narrative) (Details)	Mar. 10, 2016 USD ($)	Mar. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Apr. 25, 2017 USD ($)	Mar. 31, 2016 USD ($)	Aug. 14, 2013 USD ($)
Debt Instrument [Line Items]
Fixed charge coverage ratio		0.72
Fixed charge coverage ratio threshold, percentage of aggregate facility commitments and borrowing base		17.50%
Fixed charge coverage ratio threshold, amount of aggregate facility commitments and borrowing base		$ 70,000,000
Secured debt to EBITDA ratio		0.19
Dividend restrictions		The Senior Credit Agreement contains restrictions on certain payments, including dividends, when availability under the credit agreement is less than or equal to the greater of $100 million and 25% of the lesser of the revolving commitments and the borrowing base and our fixed charge coverage ratio is less than 1.0 to 1.0 (unless availability under the credit agreement is greater than $100 million and 40% of the lesser of the revolving commitments and the borrowing base). As of March 31, 2018, our ability to make restricted payments was not limited as our availability under the borrowing base was more than $100 million, while our fixed charge coverage ratio under our Senior Credit Agreement was less than 1.0 to 1.0. As of December 31, 2017, we had a shortfall of approximately $206.9 million of our net income and retained earnings subject to such restrictions before the fixed charge coverage ratio under our Senior Credit Agreement would exceed 1.0 to 1.0.
Net income and retained earnings free of restrictions, excess (deficit) of			$ (206,900,000)
Minimum
Debt Instrument [Line Items]
Fixed charge coverage ratio		1.0	1.0
Period for fixed charge coverage ratio threshold (in days)		3 days
Dividend restriction threshold as amount of availability		$ 100,000,000
Dividend restriction threshold as a percentage of revolving commitments and borrowing base		25.00%
Dividend restrictions, fixed charge coverage ratio		1.0
Maximum
Debt Instrument [Line Items]
Secured debt to EBITDA ratio		4.5
Dividend restriction threshold as amount of availability with consideration of fixed charge coverage ratio		$ 100,000,000
Dividend restriction threshold as a percentage of revolving commitments and borrowing base with consideration of fixed charge coverage ratio		40.00%
Federal Funds Rate
Debt Instrument [Line Items]
Spread over variable rate (percent)		0.50%
LIBOR
Debt Instrument [Line Items]
Spread over variable rate (percent)		1.00%
Interest period one (in months)		1 month
Interest period two (in months)		2 months
Interest period three (in months)		3 months
Interest period four (in months)		6 months
Cash
Debt Instrument [Line Items]
Percentage of asset available to borrow against		100.00%
Credit Card Receivables
Debt Instrument [Line Items]
Percentage of asset available to borrow against		90.00%
Investment Grade Accounts
Debt Instrument [Line Items]
Percentage of asset available to borrow against		90.00%
Other Accounts
Debt Instrument [Line Items]
Percentage of asset available to borrow against		85.00%
Midstream Refined Products Inventory
Debt Instrument [Line Items]
Percentage of asset available to borrow against		80.00%
Refined Retail Products Inventory
Debt Instrument [Line Items]
Percentage of asset available to borrow against		75.00%
Retail Merchandise Inventory
Debt Instrument [Line Items]
Percentage of asset available to borrow against		70.00%
Percentage of net orderly liquidation value available to borrow against		85.00%
Asset-Based Loan Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity					$ 450,000,000
Asset-Based Loan Facility \| LIBOR \| Minimum
Debt Instrument [Line Items]
Spread over variable rate (percent)		1.50%
Asset-Based Loan Facility \| LIBOR \| Maximum
Debt Instrument [Line Items]
Spread over variable rate (percent)		2.00%
Asset-Based Loan Facility \| Alternative Base Rate \| Minimum
Debt Instrument [Line Items]
Spread over variable rate (percent)		0.50%
Asset-Based Loan Facility \| Alternative Base Rate \| Maximum
Debt Instrument [Line Items]
Spread over variable rate (percent)		1.00%
Term Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity					200,000,000
Proceeds borrowed from credit facility	$ 200,000,000
Term (in years)	4 years
Asset-based loan facility, portion included in current maturities		$ 87,000,000
Term Facility \| LIBOR \| Minimum
Debt Instrument [Line Items]
Spread over variable rate (percent)		2.50%
Term Facility \| LIBOR \| Maximum
Debt Instrument [Line Items]
Spread over variable rate (percent)		2.75%
Term Facility \| Alternative Base Rate \| Minimum
Debt Instrument [Line Items]
Spread over variable rate (percent)		1.50%
Term Facility \| Alternative Base Rate \| Maximum
Debt Instrument [Line Items]
Spread over variable rate (percent)		1.75%
Incremental Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity					$ 150,000,000
Letter Of Credit
Debt Instrument [Line Items]
Line of credit facility, sublimit		$ 200,000,000
6% Senior Notes Due 2023 \| Senior Notes
Debt Instrument [Line Items]
Interest rate (percent)		6.00%				6.00%
Senior notes, principal amount						$ 500,000,000
5.625% Senior Notes Due 2027 \| Senior Notes
Debt Instrument [Line Items]
Interest rate (percent)		5.625%		5.625%
Senior notes, principal amount				$ 300,000,000
Asset Based Loan Facility \| Maximum
Debt Instrument [Line Items]
Availability under the ABL facility, more than		$ 100,000,000
Asset Based Loan Facility \| Asset-Based Loan Facility \| Line of Credit
Debt Instrument [Line Items]
Asset-based loan facility, portion included in current maturities		$ 0

Asset Retirement Obligations (ARO) (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Asset Retirement Obligation Roll Forward
Balance at beginning of period	$ 28.2	$ 26.2	$ 26.2
Accretion expense	0.5	$ 0.4	1.8
Liabilities incurred	(0.2)		(0.3)
Liabilities incurred	0.0		0.5
Balance at end of period	$ 28.5		$ 28.2

Income Taxes (Summary of Effective Income Tax Rates) (Details)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Effective tax rate	16.80%	(69.20%)

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2018	Mar. 31, 2017
Income Tax Disclosure [Abstract]
U.S. Federal statutory rate	21.00%
Tax benefit, settlement of uncertain tax positions	$ 3.1	$ 1.5
Federal
Income Tax Contingency [Line Items]
Earliest year remaining open for audit and/or settlement in major taxing jurisdictions	2014
State \| Minimum
Income Tax Contingency [Line Items]
Earliest year remaining open for audit and/or settlement in major taxing jurisdictions	2012
State \| Maximum
Income Tax Contingency [Line Items]
Earliest year remaining open for audit and/or settlement in major taxing jurisdictions	2016
Accounting Standards Update 2016-09
Income Tax Contingency [Line Items]
Total excess tax benefits	$ 0.7	$ 1.8

Incentive Plans (Details)				3 Months Ended
Incentive Plans (Details)	Mar. 27, 2018 $ / shares shares	Feb. 07, 2018 $ / shares company shares	Aug. 30, 2013 USD ($) shares	Mar. 31, 2018 USD ($) $ / shares shares	Mar. 31, 2017 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation \| $				$ 2,200,000	$ 1,200,000
Total income tax benefits realized from tax deductions related to stock option exercises under share-based payment arrangements \| $				$ 100,000	$ 100,000
2013 Long-Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for incentive plan (no more than) (in shares)			5,500,000
Number of shares per employee (no more than) (in shares)			1,000,000
2013 Long-Term Incentive Plan \| Performance Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum amount payable \| $			$ 5,000,000
Restricted stock units issued (in shares)		44,700
2013 Long-Term Incentive Plan \| Nonqualified Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares)		93,600
Shares granted, exercise price (in dollars per share) \| $ / shares		$ 71.00
Shares granted, fair value determination method				Black-Scholes
Shares granted, fair value (in dollars per share) \| $ / shares		17.32
2013 Long-Term Incentive Plan \| Return On Average Capital Employed Performance Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units issued, weighted average grant date fair value (in dollars per share) \| $ / shares		$ 71.00
Award vesting period (in years)		3 years
2013 Long-Term Incentive Plan \| Total Shareholder Return Performance Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted, fair value determination method				Monte Carlo
Restricted stock units issued, weighted average grant date fair value (in dollars per share) \| $ / shares		$ 87.60
Award vesting period (in years)		3 years
Number of companies in total shareholder return peer comparison group \| company		16
2013 Long-Term Incentive Plan, RSU Grant One \| Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units issued (in shares)		22,350
Restricted stock units issued, weighted average grant date fair value (in dollars per share) \| $ / shares		$ 71.00
2013 Long-Term Incentive Plan, RSU Grant Two \| Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units issued (in shares)	43,905
Restricted stock units issued, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 72.88
2013 Stock Plan For Non-Employee Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for incentive plan (no more than) (in shares)				500,000
2013 Stock Plan For Non-Employee Directors \| Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units issued (in shares)				10,800
Restricted stock units issued, weighted average grant date fair value (in dollars per share) \| $ / shares				$ 69.42
Award vesting period (in years)				3 years

Financial Instruments and Risk Management (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Prepaid Expenses and Other Current Assets
Derivative [Line Items]
Cash deposits related to commodity derivative contracts	$ 2.0	$ 2.7

Earnings Per Share (Narrative) (Details) - January 2016 Share Repurchase Program	3 Months Ended
	Mar. 31, 2018 $ / shares shares
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, shares acquired (in shares) \| shares	928,934
Stock repurchase program, average price per share (in dollars per share) \| $ / shares	$ 77.18

Earnings Per Share (Reconciliation of Basic and Diluted Earnings Per Share Computations) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Earnings per common share:
Net income (loss) attributable to common stockholders	$ 39.3	$ (3.0)
Weighted average common shares outstanding - basic (in shares)	33,698	36,880
Earnings per common share (in dollars per share)	$ 1.17	$ (0.08)
Earnings per common share - assuming dilution:
Net income (loss) attributable to common stockholders	$ 39.3	$ (3.0)
Common equivalent shares:
Share-based awards (in shares)	364	0
Weighted average common shares outstanding - assuming dilution (in shares)	34,062	36,880
Earnings per common share assuming dilution (in dollars per share)	$ 1.16	$ (0.08)

Other Financial Information (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash income taxes paid (collected), net of refunds	$ 2.6	$ (0.3)
Interest paid, net of amounts capitalized	$ 15.7	$ 16.5

Other Financial Information (Summary of Changes in Operating Working Capital) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounts receivable	$ 27.2	$ 27.1
Inventories	33.9	(13.1)
Prepaid expenses and other current assets	8.9	(12.9)
Accounts payable and accrued liabilities	(35.2)	(80.9)
Income taxes payable	1.2	(0.6)
Net decrease (increase) in noncash operating working capital	$ 36.0	$ (80.4)

Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Reported Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Current and long-term debt	$ (876.3)	$ (880.8)
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Current and long-term debt	$ (893.1)	$ (904.9)

Contingencies (Details)	3 Months Ended
Contingencies (Details)	Mar. 31, 2018 USD ($) site
Loss Contingencies [Line Items]
Number of Superfund sites for which company may be liable \| site	1
Outstanding letters of credit	$ 15,400,000
Estimate of possible loss	0
State of Mississippi Environmental Matter [Member]
Loss Contingencies [Line Items]
Estimate of possible environmental loss	100,000
Workers Compensation Insurance Claims
Loss Contingencies [Line Items]
Insurance deductible amount	1,000,000
General Liability Insurance Claims
Loss Contingencies [Line Items]
Insurance deductible amount	3,000,000
Auto Liability Insurance Claims
Loss Contingencies [Line Items]
Insurance deductible amount	300,000
Insurance Claims
Loss Contingencies [Line Items]
Loss contingency accrual	$ 20,000,000

Business Segment (Narrative) (Details)	3 Months Ended
Business Segment (Narrative) (Details)	Mar. 31, 2018 segment
Segment Reporting [Abstract]
Number of operating segments	1

Business Segment (Summary of Information by Business Segment) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Segment Reporting Information [Line Items]
Total Assets	$ 2,252.5		$ 2,331.0
External revenues	3,244.2	$ 2,999.6
Net income (loss)	39.3	(3.0)
Operating Segments \| Marketing
Segment Reporting Information [Line Items]
Total Assets	1,966.1
External revenues	3,243.8	2,999.4
Net income (loss)	10.7	0.6
Corporate and other assets
Segment Reporting Information [Line Items]
Total Assets	286.4
External revenues	0.4	0.2
Net income (loss)	$ 28.6	$ (3.6)

Guarantor Subsidiaries - Additional Information (Details) - Senior Notes	Mar. 31, 2018	Apr. 25, 2017	Aug. 14, 2013
6% Senior Notes Due 2023
Debt Instrument [Line Items]
Interest rate (percent)	6.00%		6.00%
5.625% Senior Notes Due 2027
Debt Instrument [Line Items]
Interest rate (percent)	5.625%	5.625%

Guarantor Subsidiaries (Consolidating Balance Sheet) (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 144.1	$ 170.0	$ 36.3	$ 153.8
Accounts receivable—trade, less allowance for doubtful accounts of $1.1 in 2018	198.0	225.2
Inventories, at lower of cost or market	148.5	182.5
Prepaid expenses and other current assets	27.6	36.5
Total current assets	518.2	614.2
Property, plant and equipment, at cost less accumulated depreciation and amortization of $905.7 in 2018	1,691.1	1,679.5
Restricted cash	1.1	0.0	0.0	0.0
Investments in subsidiaries	0.0	0.0
Other assets	42.1	37.3
Total assets	2,252.5	2,331.0
Current liabilities
Current maturities of long-term debt	19.9	19.9
Inter-company accounts payable	0.0	0.0
Trade accounts payable and accrued liabilities	475.0	513.4
Income taxes payable	1.2	0.0
Total current liabilities	496.1	533.3
Long-term debt, including capitalized lease obligations	856.4	860.9
Deferred income taxes	155.3	154.2
Asset retirement obligations	28.5	28.2
Deferred credits and other liabilities	10.9	16.0
Total liabilities	1,547.2	1,592.6
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	0.0	0.0
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at March 31, 2018)	0.5	0.5
Treasury Stock (13,535,183 shares held at March 31, 2018)	(873.8)	(806.5)
Additional paid in capital (APIC)	544.8	549.9
Retained earnings	1,033.8	994.5
Total stockholders' equity	705.3	738.4	672.9	697.1
Total liabilities and stockholders' equity	2,252.5	2,331.0
Eliminations
Current assets
Cash and cash equivalents	0.0	0.0	0.0	0.0
Accounts receivable—trade, less allowance for doubtful accounts of $1.1 in 2018	0.0	0.0
Inventories, at lower of cost or market	0.0	0.0
Prepaid expenses and other current assets	0.0	0.0
Total current assets	0.0	0.0
Property, plant and equipment, at cost less accumulated depreciation and amortization of $905.7 in 2018	0.0	0.0
Restricted cash	0.0	0.0	0.0	0.0
Investments in subsidiaries	(2,407.6)	(2,368.3)
Other assets	0.0	0.0
Total assets	(2,407.6)	(2,368.3)
Current liabilities
Current maturities of long-term debt	0.0	0.0
Inter-company accounts payable	0.0	0.0
Trade accounts payable and accrued liabilities	0.0	0.0
Income taxes payable	0.0	0.0
Total current liabilities	0.0	0.0
Long-term debt, including capitalized lease obligations	0.0	0.0
Deferred income taxes		0.0
Asset retirement obligations	0.0	0.0
Deferred credits and other liabilities	0.0	0.0
Total liabilities	0.0	0.0
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	0.0	0.0
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at March 31, 2018)	(0.1)	(0.1)
Treasury Stock (13,535,183 shares held at March 31, 2018)	0.0	0.0
Additional paid in capital (APIC)	(1,368.4)	(1,368.4)
Retained earnings	(1,039.1)	(999.8)
Total stockholders' equity	(2,407.6)	(2,368.3)
Total liabilities and stockholders' equity	(2,407.6)	(2,368.3)
Parent Company
Current assets
Cash and cash equivalents	0.0	0.0	0.0	0.0
Accounts receivable—trade, less allowance for doubtful accounts of $1.1 in 2018	0.0	0.0
Inventories, at lower of cost or market	0.0	0.0
Prepaid expenses and other current assets	0.0	0.0
Total current assets	0.0	0.0
Property, plant and equipment, at cost less accumulated depreciation and amortization of $905.7 in 2018	0.0	0.0
Restricted cash	0.0	0.0	0.0	0.0
Investments in subsidiaries	2,262.7	2,223.4
Other assets	0.0	0.0
Total assets	2,262.7	2,223.4
Current liabilities
Current maturities of long-term debt	0.0	0.0
Inter-company accounts payable	900.9	829.2
Trade accounts payable and accrued liabilities	0.0	0.0
Income taxes payable	0.0	0.0
Total current liabilities	900.9	829.2
Long-term debt, including capitalized lease obligations	0.0	0.0
Deferred income taxes	0.0	0.0
Asset retirement obligations	0.0	0.0
Deferred credits and other liabilities	0.0	0.0
Total liabilities	900.9	829.2
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	0.0	0.0
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at March 31, 2018)	0.5	0.5
Treasury Stock (13,535,183 shares held at March 31, 2018)	(873.8)	(806.5)
Additional paid in capital (APIC)	1,201.3	1,205.7
Retained earnings	1,033.8	994.5
Total stockholders' equity	1,361.8	1,394.2
Total liabilities and stockholders' equity	2,262.7	2,223.4
Issuer
Current assets
Cash and cash equivalents	143.8	169.9	36.3	153.8
Accounts receivable—trade, less allowance for doubtful accounts of $1.1 in 2018	198.0	225.2
Inventories, at lower of cost or market	148.5	182.5
Prepaid expenses and other current assets	27.6	36.5
Total current assets	517.9	614.1
Property, plant and equipment, at cost less accumulated depreciation and amortization of $905.7 in 2018	1,689.6	1,678.3
Restricted cash	1.1	0.0	0.0	0.0
Investments in subsidiaries	144.9	144.9
Other assets	42.1	37.3
Total assets	2,395.6	2,474.6
Current liabilities
Current maturities of long-term debt	19.9	19.9
Inter-company accounts payable	(696.3)	(624.1)
Trade accounts payable and accrued liabilities	475.0	513.4
Income taxes payable	1.2	0.0
Total current liabilities	(200.2)	(90.8)
Long-term debt, including capitalized lease obligations	856.4	860.9
Deferred income taxes	155.3	154.2
Asset retirement obligations	28.5	28.2
Deferred credits and other liabilities	10.9	16.0
Total liabilities	850.9	968.5
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	0.0	0.0
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at March 31, 2018)	0.0	0.0
Treasury Stock (13,535,183 shares held at March 31, 2018)	0.0	0.0
Additional paid in capital (APIC)	572.4	573.1
Retained earnings	972.3	933.0
Total stockholders' equity	1,544.7	1,506.1
Total liabilities and stockholders' equity	2,395.6	2,474.6
Guarantor Subsidiaries
Current assets
Cash and cash equivalents	0.3	0.1	0.0	0.0
Accounts receivable—trade, less allowance for doubtful accounts of $1.1 in 2018	0.0	0.0
Inventories, at lower of cost or market	0.0	0.0
Prepaid expenses and other current assets	0.0	0.0
Total current assets	0.3	0.1
Property, plant and equipment, at cost less accumulated depreciation and amortization of $905.7 in 2018	1.5	1.2
Restricted cash	0.0	0.0	0.0	0.0
Investments in subsidiaries	0.0	0.0
Other assets	0.0	0.0
Total assets	1.8	1.3
Current liabilities
Current maturities of long-term debt	0.0	0.0
Inter-company accounts payable	(50.3)	(50.8)
Trade accounts payable and accrued liabilities	0.0	0.0
Income taxes payable	0.0	0.0
Total current liabilities	(50.3)	(50.8)
Long-term debt, including capitalized lease obligations	0.0	0.0
Deferred income taxes	0.0	0.0
Asset retirement obligations	0.0	0.0
Deferred credits and other liabilities	0.0	0.0
Total liabilities	(50.3)	(50.8)
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	0.0	0.0
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at March 31, 2018)	0.1	0.1
Treasury Stock (13,535,183 shares held at March 31, 2018)	0.0	0.0
Additional paid in capital (APIC)	52.0	52.0
Retained earnings	0.0	0.0
Total stockholders' equity	52.1	52.1
Total liabilities and stockholders' equity	1.8	1.3
Non-Guarantor Subsidiaries
Current assets
Cash and cash equivalents	0.0	0.0	0.0	0.0
Accounts receivable—trade, less allowance for doubtful accounts of $1.1 in 2018	0.0	0.0
Inventories, at lower of cost or market	0.0	0.0
Prepaid expenses and other current assets	0.0	0.0
Total current assets	0.0	0.0
Property, plant and equipment, at cost less accumulated depreciation and amortization of $905.7 in 2018	0.0	0.0
Restricted cash	0.0	0.0	$ 0.0	$ 0.0
Investments in subsidiaries	0.0	0.0
Other assets	0.0	0.0
Total assets	0.0	0.0
Current liabilities
Current maturities of long-term debt	0.0	0.0
Inter-company accounts payable	(154.3)	(154.3)
Trade accounts payable and accrued liabilities	0.0	0.0
Income taxes payable	0.0	0.0
Total current liabilities	(154.3)	(154.3)
Long-term debt, including capitalized lease obligations	0.0	0.0
Deferred income taxes	0.0	0.0
Asset retirement obligations	0.0	0.0
Deferred credits and other liabilities	0.0	0.0
Total liabilities	(154.3)	(154.3)
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)	0.0	0.0
Common Stock, par $0.01 (authorized 200,000,000 shares, 46,767,164 shares issued at March 31, 2018)	0.0	0.0
Treasury Stock (13,535,183 shares held at March 31, 2018)	0.0	0.0
Additional paid in capital (APIC)	87.5	87.5
Retained earnings	66.8	66.8
Total stockholders' equity	154.3	154.3
Total liabilities and stockholders' equity	$ 0.0	$ 0.0

Guarantor Subsidiaries (Consolidating Balance Sheet 2) (Details) - USD ($) $ / shares in Units, $ in Millions	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2013
Guarantor Subsidiaries [Abstract]
Allowance for doubtful accounts	$ 1.1	$ 1.1
Property, plant and equipment, accumulated depreciation and amortization	$ 905.7	$ 874.7
Preferred stock par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock shares authorized (in shares)	20,000,000	20,000,000
Preferred stock shares outstanding (in shares)	0	0
Common stock par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common stock shares authorized (in shares)	200,000,000	200,000,000
Common stock shares issued (in shares)	46,767,164	46,767,164
Treasury stock, shares held (in shares)	13,535,183	12,675,630

Guarantor Subsidiaries (Consolidating Income Statement) (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Mar. 31, 2018

Mar. 31, 2017

Dec. 31, 2017

^[1]

$ 2,637.6

$ 2,402.2

567.7

565.8

38.9

31.6

3,244.2

2,999.6

^[1]

2,561.1

2,329.3

476.2

477.0

127.4

124.8

31.8

27.0

34.5

38.2

0.5

0.4

$ 1.8

3,231.5

2,996.7

47.0

0.0

0.3

(3.5)

60.0

(0.6)

0.3

0.0

(13.0)

(9.4)

0.0

0.2

(12.7)

(9.2)

47.3

(9.8)

8.0

(6.8)

39.3

(3.0)

0.0

39.3

(3.0)

Eliminations

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

(39.3)

3.0

(39.3)

3.0

Parent Company

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

39.3

(3.0)

39.3

(3.0)

Issuer

2,637.6

2,402.2

567.7

565.8

38.9

31.6

3,244.2

2,999.6

2,561.1

2,329.3

476.2

477.0

127.4

124.8

31.8

27.0

34.5

38.2

0.5

0.4

3,231.5

2,996.7

47.0

0.0

0.3

(3.5)

60.0

(0.6)

0.3

0.0

(13.0)

(9.4)

0.0

0.2

(12.7)

(9.2)

47.3

(9.8)

8.0

(6.8)

39.3

(3.0)

0.0

39.3

(3.0)

Guarantor Subsidiaries

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

Non-Guarantor Subsidiaries

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0