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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
[1]
Current assets    
Cash and cash equivalents $ 909,268 $ 1,193,308
Canadian government securities with maturities greater than 90 days at the date of acquisition 395,544 461,313
Accounts receivable, less allowance for doubtful accounts of $1,605 in 2015 and $1,609 in 2014 542,417 873,277
Inventories, at lower of cost or market    
Crude oil 42,441 51,757
Materials and supplies 166,866 190,976
Prepaid expenses 114,547 77,281
Deferred income taxes 48,551 55,107
Assets held for sale 279,799 376,130
Total current assets 2,499,433 3,279,149
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $9,070,951 in 2015 and $9,503,524 in 2014 12,577,749 13,331,047
Deferred charges and other assets 72,768 62,582
Assets held for sale 14 50,960
Total assets 15,149,964 16,723,738
Current liabilities    
Current maturities of long-term debt 14,942 465,388
Accounts payable 1,715,599 2,471,897
Income taxes payable 19,913 59,054
Liabilities associated with assets held for sale 56,334 151,548
Total current liabilities 1,806,788 3,147,887
Long-term debt, including capital lease obligation 3,264,868 2,517,669
Deferred income taxes 937,745 1,193,864
Asset retirement obligations 844,481 841,526
Deferred credits and other liabilities 429,485 441,048
Liabilities associated with assets held for sale $ 551 $ 8,310
Stockholders' equity    
Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued    
Common Stock, par $1.00, authorized 450,000,000 shares, issued 195,055,724 shares in 2015 and 195,040,149 shares in 2014 $ 195,056 $ 195,040
Capital in excess of par value 892,553 906,741
Retained earnings 8,515,176 8,728,032
Accumulated other comprehensive loss [2] (429,917) (170,255)
Treasury stock, 22,303,782 shares of Common Stock in 2015 and 17,540,636 shares of Common Stock in 2014, at cost (1,306,822) (1,086,124)
Total stockholders' equity 7,866,046 8,573,434
Total liabilities and stockholders' equity $ 15,149,964 $ 16,723,738
[1] Reclassified to conform to current presentation.
[2] All amounts are presented net of income taxes.