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Inventories (Tables)
3 Months Ended
Mar. 31, 2017
Inventories  
Schedule of Inventories

Inventories are stated at lower of cost or net realizable value. Cost is determined using a weighted average cost method for raw materials and supplies, and on a first-in, first-out, basis for other inventory. Inventory consisted of the following (in thousands):











 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

 

March 31,

 

December 31,

 

 



 

 

2017

 

2016

 

 



 

Raw materials

$

574,969 

 

$

515,924 

 

 



 

Supplies

 

376,903 

 

 

383,134 

 

 



 

Work in progress

 

113,995 

 

 

103,606 

 

 



 

Finished goods

 

295,683 

 

 

272,547 

 

 



 

Total inventories

$

1,361,550 

 

$

1,275,211