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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
In Thousands
Total
Cumulative Preferred Stock - par $100, authorized 400,000 shares, none issued
Common Stock - par $1.00, authorized 450,000,000 shares at December 31, 2013, 2012 and 2011, issued 0 shares at December 31, 2013, 194,616,470 shares at December 31, 2012 and 193,909,200 shares at December 31, 2011
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income
Treasury Stock
Balance at beginning of period at Dec. 31, 2010   $ 0 $ 193,294 $ 767,762 $ 6,800,992 $ 449,428 $ (11,926)
Distribution of common stock of Murphy USA Inc. to shareholders 0            
Exercise of stock options     615 21,774      
Foreign currency translation gains (losses), net of income taxes (91,247)         (91,247)  
Purchase of treasury shares             0
Net income for the year 872,702 [1]       872,702    
Restricted stock transactions and other       (15,119)      
Retirement and postretirement benefit plan adjustments, net of income taxes (30,909)         (30,909)  
Cash dividends - $1.25 per share in 2013, $3.675 per share in 2012 and $1.10 per share in 2011         (212,752)    
Stock-based compensation       42,492      
Change in deferred loss on interest rate hedges, net of income taxes (16,852)         (16,852)  
Sale of stock under employee stock purchase plans       1,065     870
Awarded restricted stock     0       6,208
Balance at end of period at Dec. 31, 2011 8,778,397 0 193,909 817,974 7,460,942 310,420 (4,848)
Distribution of common stock of Murphy USA Inc. to shareholders 0            
Exercise of stock options     483 12,717      
Foreign currency translation gains (losses), net of income taxes 117,331         117,331  
Purchase of treasury shares             (250,000)
Net income for the year 970,876 [1]       970,876    
Restricted stock transactions and other       (5,257)      
Retirement and postretirement benefit plan adjustments, net of income taxes (17,650)         (17,650)  
Cash dividends - $1.25 per share in 2013, $3.675 per share in 2012 and $1.10 per share in 2011         (714,429)    
Stock-based compensation       46,584      
Change in deferred loss on interest rate hedges, net of income taxes (2,407)         (1,200)  
Sale of stock under employee stock purchase plans       1,916     2,043
Awarded restricted stock     224       0
Balance at end of period at Dec. 31, 2012 8,942,035 0 194,616 873,934 7,717,389 408,901 (252,805)
Distribution of common stock of Murphy USA Inc. to shareholders (546,962)            
Exercise of stock options     304 563      
Foreign currency translation gains (losses), net of income taxes (308,300)         (308,300)  
Purchase of treasury shares             (500,000)
Net income for the year 1,123,473       1,123,473    
Restricted stock transactions and other       (28,339)      
Retirement and postretirement benefit plan adjustments, net of income taxes 69,583         69,583  
Cash dividends - $1.25 per share in 2013, $3.675 per share in 2012 and $1.10 per share in 2011         (235,108)    
Stock-based compensation       56,622      
Change in deferred loss on interest rate hedges, net of income taxes 0         1,935  
Sale of stock under employee stock purchase plans       (147)     1,015
Awarded restricted stock     0       19,056
Balance at end of period at Dec. 31, 2013 $ 8,595,730 $ 0 $ 194,920 $ 902,633 $ 8,058,792 $ 172,119 $ (732,734)
[1] Reclassified to conform to current presentation.