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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 2,968 $ 4,596
Accounts receivable (less provision for doubtful accounts: $4,818 and $6,861) 341,461 610,088
Derivative instruments, at fair value 915,441 812,664
Tax receivable 201,934 298,854
Prepaid expenses and other 79,991 28,653
Total current assets 1,541,795 1,754,855
Property, plant and equipment 20,924,066 21,655,351
Less: Accumulated depreciation and depletion 5,219,993 5,499,861
Net property, plant and equipment 15,704,073 16,155,490
Intangible assets, net 11,050 26,006
Contract asset 355,469 0
Investment in Equitrans Midstream Corporation 210,241 676,009
Other assets 186,240 196,867
Total assets 18,008,868 18,809,227
Current liabilities:    
Current portion of debt 16,309 16,204
Accounts payable 686,512 796,438
Derivative instruments, at fair value 625,808 312,696
Other current liabilities 231,957 220,564
Total current liabilities 1,560,586 1,345,902
Credit facility borrowings 38,000 294,000
Term loan facility borrowings 0 999,353
Senior notes 4,463,548 3,878,366
Note payable to EQM Midstream Partners, LP 102,483 105,056
Deferred income taxes 1,550,249 1,485,814
Other liabilities and credits 855,175 897,148
Total liabilities 8,570,041 9,005,639
Shareholders' equity:    
Common stock, no par value, shares authorized: 320,000, shares issued: 257,003 7,889,072 7,818,205
Treasury stock, shares at cost: 1,713 and 1,832 (30,341) (32,507)
Retained earnings 1,585,211 2,023,089
Accumulated other comprehensive loss (5,115) (5,199)
Total shareholders' equity 9,438,827 9,803,588
Total liabilities and shareholders' equity $ 18,008,868 $ 18,809,227