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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2023
Property Plant And Equipment [Abstract]  
Schedule of Property, Plant and Equipment

Property, Plant and Equipment is carried at historical cost, net of accumulated depreciation. Net Property, Plant and Equipment by major asset class consisted of the following at December 31, 2023 (in thousands):

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

Land and improvements, net

 

$

1,183,173

 

 

$

905,598

 

Buildings and improvements

 

 

2,550,959

 

 

 

2,230,672

 

Machinery and equipment

 

 

16,328,126

 

 

 

15,125,653

 

Proved oil and gas properties

 

 

558,703

 

 

 

558,486

 

Leasehold interest in unproved oil and gas properties

 

 

96,000

 

 

 

96,000

 

Construction in process and equipment deposits

 

 

2,121,788

 

 

 

1,815,638

 

 

 

22,838,749

 

 

 

20,732,047

 

Less accumulated depreciation

 

 

(11,788,982

)

 

 

(11,115,127

)

 

$

11,049,767

 

 

$

9,616,920