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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2013
Current assets:      
Cash and cash equivalents $ 90,318 $ 45,225 $ 114,971
Receivables, net 731,247 713,067 734,765
Inventories 331,422 282,391 345,885
Deferred income taxes 29,110 25,048 27,959
Commodity derivative instruments 129 1,447 9,797
Prepayments and other current assets 93,980 49,510 58,870
Total current assets 1,276,206 1,116,688 1,292,247
Investments 116,594 112,939 106,508
Property, plant and equipment 9,390,538 8,803,866 8,454,204
Less accumulated depreciation, depletion and amortization 4,011,858 3,872,487 3,709,679
Net property, plant and equipment 5,378,680 4,931,379 4,744,525
Deferred charges and other assets:      
Goodwill 636,039 [1] 636,039 [1] 636,039 [1]
Other intangible assets, net 11,266 13,099 15,312
Other 249,532 251,188 297,040
Total deferred charges and other assets 896,837 900,326 948,391
Total assets 7,668,317 7,061,332 7,091,671
Current liabilities:      
Short-term borrowings 0 11,500 31,600
Long-term debt due within one year 42,215 12,277 69,091
Accounts payable 424,201 404,961 411,621
Taxes payable 48,985 74,175 89,896
Dividends payable 34,388 33,737 32,745
Accrued compensation 50,024 69,661 44,159
Commodity derivative instruments 17,449 7,483 1,388
Other accrued liabilities 179,402 171,106 185,389
Total current liabilities 796,664 784,900 865,889
Long-term debt 2,144,879 1,842,286 1,937,663
Deferred credits and other liabilities:      
Deferred income taxes 925,813 859,306 782,838
Other liabilities 736,519 718,938 810,639
Total deferred credits and other liabilities 1,662,332 1,578,244 1,593,477
Equity:      
Preferred stocks 15,000 15,000 15,000
Common stockholders' equity:      
Authorized - 500,000,000 shares, $1.00 par value. Shares issued - 194,138,654 at June 30, 2014, 189,369,450 at June 30, 2013 and 189,868,780 at December 31, 2013 194,139 189,869 189,369
Other paid-in-capital 1,186,900 1,056,996 1,040,379
Retained earnings 1,645,291 1,603,130 1,494,419
Accumulated other comprehensive loss (37,198) (38,205) (56,821)
Treasury stock at cost - 538,921 shares (3,626) (3,626) (3,626)
Total common stockholders' equity 2,985,506 2,808,164 2,663,720
Total stockholders' equity 3,000,506 2,823,164 2,678,720
Noncontrolling interest 63,936 32,738 15,922
Total equity 3,064,442 2,855,902 2,694,642
Total liabilities and equity $ 7,668,317 $ 7,061,332 $ 7,091,671
[1] Balance is presented net of accumulated impairment of $12.3 million at the pipeline and energy services segment, which occurred in prior periods.