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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Assets      
Cash and cash equivalents $ 857,555 $ 1,197,068 $ 816,765
Restricted cash 110,851 945 434
Accounts and notes receivable      
Accounts and notes receivable, gross 689,591 558,848 699,320
Allowance for doubtful accounts (2,739) (2,551) (3,460)
Accounts and notes receivable, net 686,852 556,297 695,860
Inventories      
Finished products 373,677 378,389 383,483
Raw materials 37,967 33,780 33,178
Products in process 5,099 4,555 5,116
Operating supplies and other 33,900 31,861 29,703
Inventories 450,643 448,585 451,480
Other current assets 94,524 74,270 65,571
Total current assets 2,200,425 2,277,165 2,030,110
Investments and long-term receivables 34,264 34,301 43,849
Property, plant & equipment      
Property, plant & equipment, cost 9,094,689 9,102,086 8,921,990
Allowances for depreciation, depletion & amortization (4,729,456) (4,676,087) (4,538,980)
Property, plant & equipment, net 4,365,233 4,425,999 4,383,010
Operating lease right-of-use assets, net 464,765 423,128 426,618
Goodwill 3,172,112 3,172,112 3,172,112
Other intangible assets, net 1,103,079 1,123,544 1,114,592
Other noncurrent assets 231,149 230,656 228,433
Total assets 11,571,027 11,686,905 11,398,724
Liabilities      
Current maturities of long-term debt 15,436 515,435 500,026
Trade payables and accruals 300,109 273,080 278,102
Other current liabilities 283,700 259,368 260,621
Total current liabilities 599,245 1,047,883 1,038,749
Long-term debt 2,769,892 2,772,240 2,785,646
Deferred income taxes, net 748,279 706,050 671,097
Deferred revenue 170,160 174,045 177,534
Noncurrent operating lease liabilities 443,128 399,582 405,578
Other noncurrent liabilities 547,210 559,775 555,969
Total liabilities 5,277,914 5,659,575 5,634,573
Other commitments and contingencies (Note 8)
Equity      
Common stock, $1 par value, Authorized 480,000 shares, Outstanding 132,678, 132,516 and 132,446 shares, respectively 132,678 132,516 132,446
Capital in excess of par value 2,806,693 2,802,012 2,789,801
Retained earnings 3,531,861 3,274,107 3,049,943
Accumulated other comprehensive loss (178,119) (181,305) (208,039)
Total equity 6,293,113 6,027,330 5,764,151
Total liabilities and equity $ 11,571,027 $ 11,686,905 $ 11,398,724