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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Jun. 30, 2018
Assets      
Cash and cash equivalents $ 26,031 $ 40,037 $ 55,059
Restricted cash 491 4,367 6,056
Accounts and notes receivable      
Accounts and notes receivable, gross 700,175 542,868 640,742
Allowance for doubtful accounts (2,844) (2,090) (2,628)
Accounts and notes receivable, net 697,331 540,778 638,114
Inventories      
Finished products 377,578 372,604 343,948
Raw materials 31,137 27,942 29,684
Products in process 6,332 3,064 1,882
Operating supplies and other 26,376 25,720 28,250
Inventories 441,423 429,330 403,764
Other current assets 89,739 64,633 80,209
Total current assets 1,255,015 1,079,145 1,183,202
Investments and long-term receivables 51,667 44,615 41,989
Property, plant & equipment      
Property, plant & equipment, cost 8,613,500 8,457,619 8,241,164
Allowances for depreciation, depletion & amortization (4,322,818) (4,220,312) (4,134,750)
Property, plant & equipment, net 4,290,682 4,237,307 4,106,414
Operating lease right-of-use assets, net 418,896 0 0
Goodwill 3,167,061 3,165,396 3,163,954
Other intangible assets, net 1,076,986 1,095,378 1,156,898
Other noncurrent assets 220,457 210,289 192,327
Total assets 10,480,764 9,832,130 9,844,784
Liabilities      
Current maturities of long-term debt 24 23 23
Short-term debt 137,000 133,000 360,000
Trade payables and accruals 284,875 216,473 231,913
Other current liabilities 241,689 253,054 219,860
Total current liabilities 663,588 602,550 811,796
Long-term debt 2,781,826 2,779,357 2,776,906
Deferred income taxes, net 601,189 567,283 545,756
Deferred revenue 182,666 186,397 188,826
Operating lease liabilities 396,952 0 0
Other noncurrent liabilities 483,096 493,640 500,870
Total liabilities 5,109,317 4,629,227 4,824,154
Other commitments and contingencies (Note 8)
Equity      
Common stock, $1 par value, Authorized 480,000 shares, Outstanding 132,231, 131,762, and 132,268 shares, respectively 132,231 131,762 132,268
Capital in excess of par value 2,787,002 2,798,486 2,788,486
Retained earnings 2,623,747 2,444,870 2,244,545
Accumulated other comprehensive loss (171,533) (172,215) (144,669)
Total equity 5,371,447 5,202,903 5,020,630
Total liabilities and equity $ 10,480,764 $ 9,832,130 $ 9,844,784