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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Mar. 31, 2017
Assets      
Cash and cash equivalents $ 38,141 $ 141,646 $ 286,957
Restricted cash 8,373 5,000 0
Accounts and notes receivable      
Accounts and notes receivable, gross 492,103 590,986 471,590
Less: Allowance for doubtful accounts (2,667) (2,649) (2,757)
Accounts and notes receivable, net 489,436 588,337 468,833
Inventories      
Finished products 340,666 327,711 306,012
Raw materials 29,393 27,152 26,213
Products in process 1,303 1,827 1,314
Operating supplies and other 28,392 27,648 29,860
Inventories 399,754 384,338 363,399
Prepaid expenses 75,495 60,780 38,573
Total current assets 1,011,199 1,180,101 1,157,762
Investments and long-term receivables 35,056 35,115 34,311
Property, plant & equipment      
Property, plant & equipment, cost 8,116,439 7,969,312 7,432,388
Allowance for depreciation, depletion & amortization (4,090,574) (4,050,381) (3,980,567)
Property, plant & equipment, net 4,025,865 3,918,931 3,451,821
Goodwill 3,130,161 3,122,321 3,101,241
Other intangible assets, net 1,060,831 1,063,630 829,114
Other noncurrent assets 190,099 184,793 170,075
Total assets 9,453,211 9,504,891 8,744,324
Liabilities      
Current maturities of long-term debt 22 41,383 139
Short-term debt 200,000 0 0
Trade payables and accruals 188,163 197,335 175,906
Other current liabilities 195,122 204,154 184,853
Total current liabilities 583,307 442,872 360,898
Long-term debt 2,775,687 2,813,482 2,329,248
Deferred income taxes, net 479,430 464,081 703,491
Deferred revenue 190,731 191,476 196,739
Other noncurrent liabilities 510,846 624,087 633,187
Total liabilities 4,540,001 4,535,998 4,223,563
Other commitments and contingencies (Note 8)
Equity      
Common stock, $1 par value, Authorized 480,000 shares, Outstanding 132,290, 132,324 and 132,222 shares, respectively 132,290 132,324 132,222
Capital in excess of par value 2,787,848 2,805,587 2,792,720
Retained earnings 2,138,885 2,180,448 1,734,448
Accumulated other comprehensive loss (145,813) (149,466) (138,629)
Total equity 4,913,210 4,968,893 4,520,761
Total liabilities and equity $ 9,453,211 $ 9,504,891 $ 8,744,324