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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Assets      
Cash and cash equivalents $ 722,344 $ 1,197,068 $ 120,041
Restricted cash 168,595 945 232
Accounts and notes receivable      
Accounts and notes receivable, gross 596,006 558,848 601,182
Allowance for doubtful accounts (2,878) (2,551) (3,517)
Accounts and notes receivable, net 593,128 556,297 597,665
Inventories [Abstract]      
Finished products 368,758 378,389 403,612
Raw materials 36,095 33,780 33,676
Products in process 4,573 4,555 5,010
Operating supplies and other 31,903 31,861 28,449
Inventories 441,329 448,585 470,747
Other current assets 67,612 74,270 88,095
Total current assets 1,993,008 2,277,165 1,276,780
Investments and long-term receivables 34,265 34,301 57,987
Property, plant & equipment [Abstract]      
Property, plant & equipment, cost 9,110,336 9,102,086 8,907,788
Allowances for depreciation, depletion & amortization (4,746,996) (4,676,087) (4,506,700)
Property, plant & equipment, net 4,363,340 4,425,999 4,401,088
Operating lease right-of-use assets, net 421,625 423,128 420,930
Goodwill 3,172,112 3,172,112 3,167,061
Other intangible assets, net 1,114,617 1,123,544 1,083,515
Other noncurrent assets 233,793 230,656 222,021
Total assets 11,332,760 11,686,905 10,629,382
Liabilities      
Current maturities of long-term debt 15,436 515,435 25
Trade payables and accruals 255,624 273,080 243,019
Other current liabilities 294,797 259,368 232,632
Total current liabilities 565,857 1,047,883 475,676
Long-term debt 2,772,901 2,772,240 2,785,566
Deferred income taxes, net 733,561 706,050 648,405
Deferred revenue 172,377 174,045 178,568
Operating lease liabilities 397,306 399,582 399,489
Other noncurrent liabilities 554,517 559,775 551,352
Total liabilities 5,196,519 5,659,575 5,039,056
Other commitments and contingencies (Note 8)
Equity      
Common stock, $1 par value, Authorized 480,000 shares, Outstanding 132,664, 132,516 and 132,433 shares, respectively 132,664 132,516 132,433
Capital in excess of par value 2,797,687 2,802,012 2,782,738
Retained earnings 3,385,604 3,274,107 2,885,084
Accumulated other comprehensive loss (179,714) (181,305) (209,929)
Total equity 6,136,241 6,027,330 5,590,326
Total liabilities and equity $ 11,332,760 $ 11,686,905 $ 10,629,382