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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 45,225 $ 49,042
Receivables, net 713,067 678,123
Inventories 282,391 317,415
Deferred income taxes 25,048 22,846
Commodity derivative instruments 1,447 18,304
Prepayments and other current assets 49,510 42,351
Total current assets 1,116,688 1,128,081
Investments 112,939 103,243
Property, plant and equipment (Note 1) 8,803,866 8,107,751
Less accumulated depreciation, depletion and amortization 3,872,487 3,608,912
Net property, plant and equipment 4,931,379 4,498,839
Deferred charges and other assets:    
Goodwill (Note 5) 636,039 [1] 636,039 [1]
Other intangible assets, net (Note 5) 13,099 17,129
Other 251,188 299,160
Total deferred charges and other assets 900,326 952,328
Total assets 7,061,332 6,682,491
Current liabilities:    
Short-term borrowings (Note 9) 11,500 28,200
Long-term debt due within one year 12,277 134,108
Accounts payable 404,961 388,015
Taxes payable 74,175 46,475
Dividends payable 33,737 171
Accrued compensation 69,661 48,448
Commodity derivative instruments 7,483 0
Other accrued liabilities 171,106 204,698
Total current liabilities 784,900 850,115
Long-term debt (Note 9) 1,842,286 1,610,867
Deferred credits and other liabilities:    
Deferred income taxes 859,306 755,102
Other liabilities 718,938 818,159
Total deferred credits and other liabilities 1,578,244 1,573,261
Equity:    
Preferred stocks (Note 11) 15,000 15,000
Common stockholders' equity:    
Common stock (Note 12) Authorized - 500,000,000 shares, $1.00 par value Issued - 189,868,780 shares in 2013 and 189,369,450 shares in 2012 189,869 189,369
Other paid-in capital 1,056,996 1,039,080
Retained earnings 1,603,130 1,457,146
Accumulated other comprehensive loss (38,205) (48,721)
Treasury stock at cost - 538,921 shares (3,626) (3,626)
Total common stockholders' equity 2,808,164 2,633,248
Total stockholders' equity 2,823,164 2,648,248
Noncontrolling interest 32,738 0
Total equity 2,855,902 2,648,248
Total liabilities and equity $ 7,061,332 $ 6,682,491
[1] Balance is presented net of accumulated impairment of $12.3 million at the pipeline and energy services segment, which occurred in prior periods.