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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 13,668 $ 4,596
Accounts receivable (less provision for doubtful accounts: $3,897 and $6,861) 428,439 610,088
Derivative instruments, at fair value 503,648 812,664
Tax receivable 50,753 298,854
Prepaid expenses and other 345,646 28,653
Total current assets 1,342,154 1,754,855
Property, plant and equipment 21,134,536 21,655,351
Less: Accumulated depreciation and depletion 5,577,119 5,499,861
Net property, plant and equipment 15,557,417 16,155,490
Net intangible assets 3,573 26,006
Contract asset 325,934 0
Investment in Equitrans Midstream Corporation 214,004 676,009
Other assets 131,653 196,867
Total assets 17,574,735 18,809,227
Current liabilities:    
Current portion of debt 33,363 16,204
Accounts payable 693,141 796,438
Derivative instruments, at fair value 894,618 312,696
Other current liabilities 218,395 220,564
Total current liabilities 1,839,517 1,345,902
Credit facility borrowings 244,500 294,000
Term loan facility borrowings 0 999,353
Senior notes 4,351,917 3,878,366
Note payable to EQM Midstream Partners, LP 101,170 105,056
Deferred income taxes 1,336,629 1,485,814
Other liabilities and credits 855,193 897,148
Total liabilities 8,728,926 9,005,639
Shareholders' equity:    
Common stock, no par value, shares authorized: 640,000 and 320,000, shares issued: 257,003 and 257,003 7,895,628 7,818,205
Treasury stock, shares at cost: 1,658 and 1,832 (29,347) (32,507)
Retained earnings 984,571 2,023,089
Accumulated other comprehensive loss (5,043) (5,199)
Total shareholders' equity 8,845,809 9,803,588
Total liabilities and shareholders' equity $ 17,574,735 $ 18,809,227