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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 664,844 $ 665,309
Restricted cash and cash equivalents 116,801 187,585
Accounts receivable – trade, net 208,474 143,370
Accounts receivable – other 66,689 79,915
Contracts in progress 435,829 357,617
Deferred income taxes 8,133 7,514
Other current assets 34,641 46,071
Total Current Assets 1,535,411 1,487,381
Property, Plant and Equipment 2,467,352 2,487,815
Less accumulated depreciation (856,493) (830,467)
Net Property, Plant and Equipment [1] 1,610,859 1,657,348
Accounts Receivable – Long-Term Retainages 155,061 137,468
Investments in Unconsolidated Affiliates 26,551 38,186
Deferred Income Taxes 10,689 17,313
Other Assets 48,505 79,183
Total Assets 3,387,076 3,416,879
Current Liabilities:    
Notes payable and current maturities of long-term debt 24,882 23,678
Accounts payable 279,821 219,384
Accrued liabilities 330,943 369,749
Advance billings on contracts 164,773 199,865
Deferred income taxes 17,273 19,753
Income taxes payable 23,787 25,165
Total Current Liabilities 841,479 857,594
Long-Term Debt 819,001 840,791
Self-Insurance 18,653 17,026
Pension Liability 24,066 18,403
Non-current Income Taxes 52,559 49,229
Other Liabilities $ 84,597 $ 94,722
Commitments and Contingencies
Stockholders' Equity:    
Common stock, par value $1.00 per share, authorized 400,000,000 shares; issued 246,841,128 and 245,209,850 shares, respectively $ 246,841 $ 245,210
Capital in excess of par value (including prepaid common stock purchase contracts) 1,687,059 1,676,815
Accumulated Deficit (260,884) (239,572)
Treasury stock, at cost: 7,824,204 and 7,400,027 shares, respectively (92,262) (96,441)
Accumulated other comprehensive loss (93,955) (97,808)
Stockholders' Equity - McDermott International, Inc. 1,486,799 1,488,204
Noncontrolling interest 59,922 50,910
Total Equity 1,546,721 1,539,114
Total Liabilities and Equity $ 3,387,076 $ 3,416,879
[1] Our marine vessels are included in the country in which they were located as of year-end.