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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 258,986 $ 284,060
Restricted cash 9,033 1,150
Accounts and notes receivable    
Customers, less allowance for doubtful accounts 2016 — $2,813; 2015 — $5,576 398,488 397,287
Other 93,333 20,737
Inventories 345,616 347,073
Prepaid expenses 31,726 34,284
Total current assets 1,137,182 1,084,591
Investments and long-term receivables 39,226 40,558
Property, plant & equipment, net 3,261,438 3,156,290
Goodwill 3,094,824 3,094,824
Other intangible assets, net 769,052 766,579
Other noncurrent assets 169,753 158,790
Total assets 8,471,475 8,301,632
Liabilities    
Current maturities of long-term debt 138 130
Trade payables and accruals 145,042 175,729
Accrued salaries, wages and management incentives 91,455 91,440
Accrued interest 9,751 9,752
Other current liabilities 125,858 76,428
Total current liabilities 372,244 353,479
Long-term debt 1,982,751 1,980,334
Deferred income taxes, net 702,854 681,096
Deferred management incentive and other compensation 19,698 15,980
Pension benefits 247,784 233,661
Other postretirement benefits 39,533 42,318
Asset retirement obligations 223,872 226,594
Deferred revenue 198,388 207,660
Other noncurrent liabilities 111,875 106,322
Total liabilities 3,898,999 3,847,444
Other commitments and contingencies (Note 12)
Equity    
Common stock, $1 par value - Authorized 480,000 shares, Outstanding 132,339 and 133,172 shares, respectively 132,339 133,172
Capital in excess of par value 2,807,995 2,822,578
Retained earnings 1,771,518 1,618,507
Accumulated other comprehensive loss (139,376) (120,069)
Total equity 4,572,476 4,454,188
Total liabilities and equity $ 8,471,475 $ 8,301,632