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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 484,336 $ 435,990
Short-term investments 9,942 16,506
Accounts receivable, net 349,005 453,042
Inventory, net 166,537 176,341
Assets held for sale 562 2,530
Other current assets 142,540 164,257
Total current assets 1,152,922 1,248,666
Property, plant and equipment, net 4,395,725 4,930,549
Goodwill 28,380
Deferred income taxes 275,719 305,844
Other long-term assets 158,049 247,219
Total assets (1) 5,982,415 6,760,658
Current liabilities:    
Trade accounts payable 221,755 295,159
Accrued liabilities 274,270 333,282
Income taxes payable 17,180 14,628
Current lease liabilities 10,485 13,479
Total current liabilities 523,690 656,548
Long-term debt 3,276,103 3,333,220
Other long-term liabilities 238,205 292,184
Deferred income taxes 2,800 3,149
Total liabilities (1) 4,040,798 4,285,101
Commitments and contingencies (Note 8)
Redeemable noncontrolling interest in subsidiary (Note 3) 434,131 425,392
Shareholders' equity:    
Preferred shares, par value $0.001 per share: Series A 6% Cumulative Mandatory Convertible; $50 per share liquidation preference; outstanding 4,870 and 5,613, respectively 5 6
Common shares, par value $0.05 per share: Authorized common shares 16,000; issued 8,389 and 8,324, respectively 419 416
Capital in excess of par value 3,415,053 3,412,972
Accumulated other comprehensive income (loss) (22,188) (11,788)
Retained earnings (accumulated deficit) (664,391) (104,775)
Less: treasury shares, at cost, 1,090 and 1,056 common shares, respectively (1,315,751) (1,314,020)
Total shareholders' equity 1,413,147 1,982,811
Noncontrolling interest 94,339 67,354
Total equity 1,507,486 2,050,165
Total liabilities and equity $ 5,982,415 $ 6,760,658