CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 18,210	$ 4,596
Accounts receivable (less provision for doubtful accounts: $6,239 and $6,861)	566,552	610,088
Derivative instruments, at fair value	527,073	812,664
Income tax receivable	0	298,854
Prepaid expenses and other	103,615	28,653
Total current assets	1,215,450	1,754,855
Property, plant and equipment	21,995,249	21,655,351
Less: Accumulated depreciation and depletion	5,940,984	5,499,861
Net property, plant and equipment	16,054,265	16,155,490
Contract asset	410,000	0
Investment in Equitrans Midstream Corporation	203,380	676,009
Other assets	230,374	222,873
Total assets	18,113,469	18,809,227
Current liabilities:
Current portion of debt	154,161	16,204
Accounts payable	705,461	796,438
Derivative instruments, at fair value	600,877	312,696
Other current liabilities	301,911	220,564
Total current liabilities	1,762,410	1,345,902
Credit facility borrowings	300,000	294,000
Term Loan Facility borrowings	0	999,353
Senior notes	4,371,467	3,878,366
Note payable to EQM Midstream Partners, LP	99,838	105,056
Deferred income taxes	1,371,967	1,485,814
Other liabilities and credits	945,057	897,148
Total liabilities	8,850,739	9,005,639
Shareholders' equity:
Common stock, no par value, shares authorized: 640,000 and 320,000, shares issued: 280,003 and 257,003	8,241,684	7,818,205
Treasury stock, shares at cost: 1,658 and 1,832	(29,348)	(32,507)
Retained earnings	1,048,259	2,023,089
Accumulated other comprehensive loss	(5,355)	(5,199)
Total common shareholders' equity	9,255,240	9,803,588
Noncontrolling interests in consolidated subsidiaries	7,490	0
Total equity	9,262,730	9,803,588
Total liabilities and shareholders' equity	$ 18,113,469	$ 18,809,227