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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 416,352 $ 595,921
Restricted cash and cash equivalents 18,221 16,412
Accounts receivable—trade, net 263,119 334,384
Accounts receivable—other 47,237 36,929
Contracts in progress 855,531 319,138
Other current assets 38,049 29,599
Total current assets 1,638,509 1,332,383
Property, plant and equipment 2,630,228 2,586,179
Less accumulated depreciation (965,819) (898,878)
Property, plant and equipment, net 1,664,409 1,687,301
Accounts receivable—long-term retainages 75,615 127,193
Investments in Unconsolidated Affiliates 10,226 17,023
Deferred income taxes 14,439 21,116
Other assets 58,237 37,214
Total assets [1] 3,461,435 3,222,230
Current liabilities:    
Notes payable and current maturities of long-term debt 19,035 48,125
Accounts payable 511,092 173,203
Accrued liabilities 358,586 277,584
Advance billings on contracts 42,793 192,486
Income taxes payable 31,346 17,945
Total current liabilities 962,852 709,343
Long-term debt 521,642 704,395
Self-insurance 18,014 16,980
Pension liabilities 18,870 19,471
Non-current income taxes 60,626 60,870
Other liabilities 119,506 115,703
Commitments and contingencies
Stockholders' equity:    
Common stock, par value $1.00 per share, authorized 400,000,000 shares; issued 292,502,927 and 249,690,281 shares, respectively 292,503 249,690
Capital in excess of par value 1,660,114 1,695,119
Accumulated deficit (73,737) (226,767)
Accumulated other comprehensive loss (53,604) (66,895)
Treasury stock, at cost: 8,494,167 and 8,302,004 shares, respectively (96,245) (94,957)
Stockholders' Equity—McDermott International, Inc. 1,729,031 1,556,190
Noncontrolling interest 30,894 39,278
Total equity 1,759,925 1,595,468
Total liabilities and equity $ 3,461,435 $ 3,222,230
[1] Our marine vessels are included in the area in which they were located as of reporting date.