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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 576,575 $ 665,309
Restricted cash and cash equivalents 194,427 187,585
Accounts receivable – trade, net 287,264 143,370
Accounts receivable – other 67,727 79,915
Contracts in progress 400,720 357,617
Deferred income taxes 10,398 7,514
Other current assets 43,837 46,071
Total Current Assets 1,580,948 1,487,381
Property, Plant and Equipment 2,455,604 2,487,815
Less Accumulated depreciation (837,739) (830,467)
Net Property, Plant and Equipment 1,617,865 1,657,348
Accounts Receivable – Long-Term Retainages 140,867 137,468
Investments in Unconsolidated Affiliates 28,849 38,186
Deferred Income Taxes 13,713 17,313
Investments 1,056 2,216
Other Assets 101,241 76,967
Total Assets 3,484,539 3,416,879
Current Liabilities:    
Notes payable and current maturities of long-term debt 27,690 27,026
Accounts payable 326,765 219,384
Accrued liabilities 428,149 369,749
Advance billings on contracts 113,086 199,865
Deferred income taxes 17,822 19,753
Income taxes payable 24,921 25,165
Total Current Liabilities 938,433 860,942
Long-Term Debt 826,472 837,443
Self-Insurance 18,793 17,026
Pension Liability 17,253 18,403
Non-current Income Taxes 48,602 49,229
Other Liabilities $ 82,180 $ 94,722
Commitments and Contingencies    
Stockholders' Equity:    
Common stock, par value $1.00 per share, authorized 400,000,000 shares; issued and outstanding 246,682,747 and 245,209,850 shares, respectively $ 246,683 $ 245,210
Capital in excess of par value (including prepaid common stock purchase contracts) 1,684,395 1,676,815
Accumulated Deficit (242,553) (239,572)
Treasury stock, at cost: 7,802,013 and 7,400,027 shares, respectively (97,076) (96,441)
Accumulated other comprehensive loss (94,024) (97,808)
Stockholders' Equity - McDermott International, Inc. 1,497,425 1,488,204
Noncontrolling interest 55,381 50,910
Total Equity 1,552,806 1,539,114
Total Liabilities and Equity $ 3,484,539 $ 3,416,879