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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Current assets:      
Cash and cash equivalents $ 49,721 $ 53,948 $ 58,764
Receivables, net 722,152 722,945 664,319
Inventories 311,535 287,309 257,792
Prepayments and other current assets 151,391 119,500 59,481
Current assets held for sale 430 430 458
Total current assets 1,235,229 1,184,132 1,040,814
Investments 144,616 138,620 138,451
Property, plant and equipment 7,502,368 7,397,321 6,842,967
Less accumulated depreciation, depletion and amortization 2,858,986 2,818,644 2,725,484
Net property, plant and equipment 4,643,382 4,578,677 4,117,483
Deferred charges and other assets:      
Goodwill 679,395 664,922 631,791
Other intangible assets, net 11,680 10,815 3,465
Operating lease right-of-use assets (Note 11) 107,486 0 0
Other 455,048 408,857 412,456
Noncurrent assets held for sale 2,087 2,087 4,392
Total deferred charges and other assets 1,255,696 1,086,681 1,052,104
Total assets 7,278,923 6,988,110 6,348,852
Current liabilities:      
Short-term borrowings 70,000 0 0
Long-term debt due within one year 251,846 251,854 149,199
Accounts payable 352,180 358,505 267,994
Taxes payable 55,319 41,929 57,354
Dividends payable 39,875 39,695 38,573
Accrued compensation 45,383 69,007 35,087
Current operating lease liabilities (Note 11) 30,978 0 0
Other accrued liabilities 213,541 221,059 204,328
Current liabilities held for sale 3,657 4,001 11,726
Total current liabilities 1,062,779 986,050 764,261
Long-term debt 1,946,181 1,856,841 1,630,343
Deferred credits and other liabilities:      
Deferred income taxes 444,965 430,085 346,218
Noncurrent operating lease liabilities (Note 11) 76,444 0 0
Other 1,142,862 1,148,359 1,181,919
Total deferred credits and other liabilities 1,664,271 1,578,444 1,528,137
Commitments and contingencies
Stockholders' equity:      
Authorized - 500,000,000 shares, $1.00 par value Shares issued - 198,316,808 at March 31, 2019, 195,843,297 at March 31, 2018 and 196,564,907 at December 31, 2018 198,317 196,565 195,843
Other paid-in capital 1,284,060 1,248,576 1,227,285
Retained earnings 1,164,509 1,163,602 1,051,469
Accumulated other comprehensive loss (37,568) (38,342) (44,860)
Treasury stock at cost - 538,921 shares (3,626) (3,626) (3,626)
Total stockholders' equity 2,605,692 2,566,775 2,426,111
Total liabilities and stockholders' equity $ 7,278,923 $ 6,988,110 $ 6,348,852