CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 312,383	$ 491,963
Accounts receivable, net	394,936	391,152
Inventories	63,539	54,513
Prepaid expenses	30,983	34,697
Total current assets	801,841	972,325
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $12,697,538 in 2023 and $12,489,970 in 2022	8,363,001	8,228,016
Operating lease assets	903,147	946,406
Deferred income taxes	74,060	117,889
Deferred charges and other assets	46,480	44,316
Total assets	10,188,529	10,308,952
Current liabilities
Current maturities of long-term debt, finance lease	697	687
Accounts payable	516,855	543,786
Income taxes payable	24,772	26,544
Other taxes payable	28,185	22,819
Operating lease liabilities	239,374	220,413
Other accrued liabilities	218,130	443,585
Total current liabilities	1,028,013	1,257,834
Long-term debt, including finance lease obligation	1,822,979	1,822,452
Asset retirement obligations	830,358	817,268
Deferred credits and other liabilities	301,707	304,948
Non-current operating lease liabilities	679,909	742,654
Deferred income taxes	220,895	214,903
Total liabilities	4,883,861	5,160,059
Equity
Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued	0	0
Common Stock, par $1.00, authorized 450,000,000 shares, issued 195,100,628 shares in 2023 and 195,100,628 shares in 2022	195,101	195,101
Capital in excess of par value	857,000	893,578
Retained earnings	6,204,217	6,055,498
Accumulated other comprehensive loss	(529,919)	(534,686)
Treasury stock	(1,588,841)	(1,614,717)
Murphy Shareholders' Equity	5,137,558	4,994,774
Noncontrolling interest	167,110	154,119
Total equity	5,304,668	5,148,893
Total liabilities and equity	$ 10,188,529	$ 10,308,952