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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 7,542 $ 3,487
Accounts receivable (less provision for doubtful accounts of $6,179 and $8,648 at September 30, 2019 and December 31, 2018, respectively) 552,260 1,241,843
Derivative instruments, at fair value 771,634 481,654
Tax receivable 127,789 131,573
Prepaid expenses and other 35,995 111,107
Total current assets 1,495,220 1,969,664
Property, plant and equipment 23,460,786 22,148,012
Less: accumulated depreciation and depletion 5,890,792 4,755,505
Net property, plant and equipment 17,569,994 17,392,507
Intangible assets, net 33,483 77,333
Investment in Equitrans Midstream Corporation 736,223 1,013,002
Other assets 325,529 268,838
Total assets 20,160,449 20,721,344
Current liabilities:    
Current portion of debt 4,916 704,390
Accounts payable 755,102 1,059,873
Derivative instruments, at fair value 339,995 336,051
Other current liabilities 349,697 254,687
Total current liabilities 1,449,710 2,355,001
Credit facility borrowings 161,000 800,000
Term loan borrowings 999,239 0
Senior Notes 3,887,907 3,882,932
Note payable to EQM Midstream Partners, LP 106,333 110,059
Deferred income taxes 1,809,650 1,823,381
Other liabilities and credits 848,985 791,742
Total liabilities 9,262,824 9,763,115
Shareholders’ equity:    
Common stock, no par value, authorized 320,000 shares, shares issued: 257,225 at September 30, 2018 and 267,871 at December 31, 2017 7,818,683 7,828,554
Treasury stock, shares at cost: 2,799 at September 30, 2018 (including 299 held in rabbi trust) and 3,551 at December 31, 2017 (including 253 held in rabbi trust) (32,527) (49,194)
Retained earnings 3,117,015 3,184,275
Accumulated other comprehensive loss (5,546) (5,406)
Total equity 10,897,625 10,958,229
Total liabilities and equity $ 20,160,449 $ 20,721,344