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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Jun. 30, 2014
Current assets:      
Cash and cash equivalents $ 144,372 $ 81,855 $ 110,817
Receivables, net 627,169 599,186 584,658
Inventories 314,405 289,410 318,573
Deferred income taxes 38,171 32,012 22,487
Prepayments and other current assets 81,355 83,763 91,165
Current assets held for sale 77,292 131,177 172,518
Total current assets 1,282,764 1,217,403 1,300,218
Investments 119,446 117,883 116,557
Property, plant and equipment 6,556,058 6,294,778 5,950,594
Less accumulated depreciation, depletion and amortization 2,444,134 2,386,113 2,325,423
Net property, plant and equipment 4,111,924 3,908,665 3,625,171
Deferred charges and other assets:      
Goodwill [1] 635,204 635,204 636,039
Other intangible assets, net 8,506 9,840 11,266
Other 362,407 322,943 245,441
Noncurrent assets held for sale 749,804 1,620,470 1,757,637
Total deferred charges and other assets 1,755,921 2,588,457 2,650,383
Total assets 7,270,055 7,832,408 7,692,329
Current liabilities:      
Short-term borrowings 26,000 0 0
Long-term debt due within one year 418,539 268,552 41,646
Accounts payable 272,988 279,115 279,511
Taxes payable 38,966 39,955 37,447
Dividends payable 35,734 35,607 34,388
Accrued compensation 48,420 57,402 44,303
Other accrued liabilities 164,675 155,765 151,762
Current liabilities held for sale 74,943 154,728 231,619
Total current liabilities 1,080,265 991,124 820,676
Long-term debt 1,958,263 1,825,278 2,144,271
Deferred credits and other liabilities:      
Deferred income taxes 753,103 714,022 668,497
Other liabilities 755,742 756,759 675,758
Noncurrent liabilities held for sale 35,790 295,441 318,685
Total deferred credits and other liabilities 1,544,635 1,766,222 1,662,940
Equity:      
Preferred stocks 15,000 15,000 15,000
Common stockholders' equity:      
Authorized - 500,000,000 shares, $1.00 par value. Shares issued - 195,411,301 at June 30, 2015,194,138,654 at June 30, 2014 and 194,754,812 at December 31, 2014 195,411 194,755 194,139
Other paid-in-capital 1,220,615 1,207,188 1,186,900
Retained earnings 1,155,777 1,762,827 1,645,291
Accumulated other comprehensive loss (40,246) (42,103) (37,198)
Treasury stock at cost - 538,921 shares (3,626) (3,626) (3,626)
Total common stockholders' equity 2,527,931 3,119,041 2,985,506
Total stockholders' equity 2,542,931 3,134,041 3,000,506
Noncontrolling interest 143,961 115,743 63,936
Total equity 2,686,892 3,249,784 3,064,442
Total liabilities and equity $ 7,270,055 $ 7,832,408 $ 7,692,329
[1] Balance is presented net of accumulated impairment of $12.3 million at the pipeline and energy services segment, which occurred in prior periods.