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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Jun. 30, 2017
Assets      
Cash and cash equivalents $ 55,059 $ 141,646 $ 1,129,799
Restricted cash 6,056 5,000 0
Accounts and notes receivable      
Accounts and notes receivable, gross 640,742 590,986 573,029
Less: Allowance for doubtful accounts (2,628) (2,649) (2,943)
Accounts and notes receivable, net 638,114 588,337 570,086
Inventories      
Finished products 343,948 327,711 318,465
Raw materials 29,684 27,152 27,106
Products in process 1,882 1,827 1,210
Operating supplies and other 28,250 27,648 28,148
Inventories 403,764 384,338 374,929
Other current assets 80,209 60,780 109,998
Total current assets 1,183,202 1,180,101 2,184,812
Investments and long-term receivables 41,989 35,115 38,888
Property, plant & equipment      
Property, plant & equipment, cost 8,241,164 7,969,312 7,531,536
Allowances for depreciation, depletion & amortization (4,134,750) (4,050,381) (3,992,728)
Property, plant & equipment, net 4,106,414 3,918,931 3,538,808
Goodwill 3,163,954 3,122,321 3,101,439
Other intangible assets, net 1,156,898 1,063,630 834,971
Other noncurrent assets 192,327 184,793 171,025
Total assets 9,844,784 9,504,891 9,869,943
Liabilities      
Current maturities of long-term debt 23 41,383 525,776
Short-term debt 360,000 0 0
Trade payables and accruals 231,913 197,335 202,753
Other current liabilities 219,860 204,154 197,264
Total current liabilities 811,796 442,872 925,793
Long-term debt 2,776,906 2,813,482 2,809,293
Deferred income taxes, net 545,756 464,081 706,726
Deferred revenue 188,826 191,476 195,020
Other noncurrent liabilities 500,870 624,087 631,007
Total liabilities 4,824,154 4,535,998 5,267,839
Other commitments and contingencies (Note 8)
Equity      
Common stock, $1 par value, Authorized 480,000 shares, Outstanding 132,268, 132,324 and 132,181 shares, respectively 132,268 132,324 132,181
Capital in excess of par value 2,788,486 2,805,587 2,797,269
Retained earnings 2,244,545 2,180,448 1,810,528
Accumulated other comprehensive loss (144,669) (149,466) (137,874)
Total equity 5,020,630 4,968,893 4,602,104
Total liabilities and equity $ 9,844,784 $ 9,504,891 $ 9,869,943