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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 40,846 $ 3,487
Accounts receivable (less provision for doubtful accounts: $6,333 at March 31, 2019 and $8,648 at December 31, 2018) 817,535 1,241,843
Derivative instruments, at fair value 370,254 481,654
Tax receivable 130,567 131,573
Prepaid expenses and other 20,839 111,107
Total current assets 1,380,041 1,969,664
Property, plant and equipment 22,592,376 22,148,012
Less: accumulated depreciation and depletion 5,139,164 4,755,505
Net property, plant and equipment 17,453,212 17,392,507
Intangible assets, net 66,991 77,333
Investment in Equitrans Midstream Corporation 1,102,057 1,013,002
Other assets 337,384 268,838
Total assets 20,339,685 20,721,344
Current liabilities:    
Current portion of debt 704,677 704,390
Accounts payable 877,498 1,059,873
Derivative instruments, at fair value 308,607 336,051
Other current liabilities 294,708 254,687
Total current liabilities 2,185,490 2,355,001
Credit facility borrowings 350,000 800,000
Senior Notes 3,884,591 3,882,932
Note payable to EQM Midstream Partners, LP 108,835 110,059
Deferred income taxes 1,859,578 1,823,381
Other liabilities and credits 811,603 791,742
Total liabilities 9,200,097 9,763,115
Shareholders’ equity:    
Common stock, no par value, authorized 320,000 shares, shares issued: 257,225 at September 30, 2018 and 267,871 at December 31, 2017 7,817,227 7,828,554
Treasury stock, shares at cost: 2,799 at September 30, 2018 (including 299 held in rabbi trust) and 3,551 at December 31, 2017 (including 253 held in rabbi trust) (39,665) (49,194)
Retained earnings 3,367,810 3,184,275
Accumulated other comprehensive loss (5,784) (5,406)
Total equity 11,139,588 10,958,229
Total liabilities and equity $ 20,339,685 $ 20,721,344