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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 18,651 $ 4,596
Accounts receivable (less provision for doubtful accounts: $5,559 and $6,861) 441,137 610,088
Derivative instruments, at fair value 1,053,502 812,664
Tax receivable 391,663 298,854
Prepaid expenses and other 43,090 28,653
Total current assets 1,948,043 1,754,855
Property, plant and equipment 21,799,259 21,655,351
Less: Accumulated depreciation and depletion 5,833,717 5,499,861
Net property, plant and equipment 15,965,542 16,155,490
Intangible assets, net 18,528 26,006
Contract asset 383,284 0
Investment in Equitrans Midstream Corporation 127,258 676,009
Other assets 191,862 196,867
Total assets 18,634,517 18,809,227
Current liabilities:    
Current portion of debt 16,256 16,204
Accounts payable 692,268 796,438
Derivative instruments, at fair value 526,601 312,696
Other current liabilities 238,107 220,564
Total current liabilities 1,473,232 1,345,902
Credit facility borrowings 0 294,000
Term loan facility borrowings 799,574 999,353
Senior notes 4,117,256 3,878,366
Note payable to EQM Midstream Partners, LP 103,778 105,056
Deferred income taxes 1,612,894 1,485,814
Other liabilities and credits 893,905 897,148
Total liabilities 9,000,639 9,005,639
Shareholders' equity:    
Common stock, no par value, shares authorized: 320,000, shares issued: 257,003 7,821,631 7,818,205
Treasury stock, shares at cost: 1,741 and 1,832 (30,852) (32,507)
Retained earnings 1,848,286 2,023,089
Accumulated other comprehensive loss (5,187) (5,199)
Total shareholders' equity 9,633,878 9,803,588
Total liabilities and shareholders' equity $ 18,634,517 $ 18,809,227