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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Current assets:      
Cash and cash equivalents $ 40,048 $ 46,107 $ 85,117
Receivables, net 661,771 630,243 637,166
Inventories 249,870 238,273 265,849
Prepayments and other current assets 63,953 48,461 50,309
Current assets held for sale 328 14,391 37,625
Total current assets 1,015,970 977,475 1,076,066
Investments 131,726 125,866 124,531
Property, plant and equipment 6,591,382 6,510,229 6,526,563
Less accumulated depreciation, depletion and amortization 2,638,098 2,578,902 2,551,941
Net property, plant and equipment 3,953,284 3,931,327 3,974,622
Deferred charges and other assets:      
Goodwill 631,791 631,791 641,527 [1]
Other intangible assets, net 4,785 5,925 7,160
Other 416,759 415,419 360,520
Noncurrent assets held for sale 76,183 196,664 167,100
Total deferred charges and other assets 1,129,518 1,249,799 1,176,307
Total assets 6,230,498 6,284,467 6,351,526
Current liabilities:      
Long-term debt due within one year 83,499 43,598 58,598
Accounts payable 279,211 279,962 275,791
Taxes payable 55,037 48,164 45,749
Dividends payable 37,596 37,767 36,791
Accrued compensation 52,951 65,867 56,390
Other accrued liabilities 181,030 184,377 196,701
Current liabilities held for sale 4,481 9,924 28,237
Total current liabilities 693,805 669,659 698,257
Long-term debt 1,677,977 1,746,561 1,928,709
Deferred credits and other liabilities:      
Deferred income taxes 668,239 668,226 666,601
Other 887,525 883,777 820,349
Total deferred credits and other liabilities 1,555,764 1,552,003 1,486,950
Commitments and contingencies
Stockholders' equity:      
Preferred stocks 0 15,000 15,000
Common stockholders' equity:      
Authorized - 500,000,000 shares, $1.00 par value Shares issued - 195,843,297 at June 30, 2017 and 2016 and December 31, 2016 195,843 195,843 195,843
Other paid-in capital 1,231,892 1,232,478 1,230,342
Retained earnings 914,632 912,282 838,257
Accumulated other comprehensive loss (35,789) (35,733) (38,206)
Treasury stock at cost - 538,921 shares (3,626) (3,626) (3,626)
Total common stockholders' equity 2,302,952 2,301,244 2,222,610
Total stockholders' equity 2,302,952 2,316,244 2,237,610
Total liabilities and stockholders' equity $ 6,230,498 $ 6,284,467 $ 6,351,526
[1] Balance is presented net of accumulated impairment of $12.3 million at the pipeline and midstream segment, which occurred in prior periods.