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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 286,281 $ 359,923 [1]
Accounts receivable, less allowance for doubtful accounts of $1,605 in 2019 and 2018 349,768 231,686 [1]
Inventories 77,278 80,024 [1]
Prepaid expenses 45,349 34,316 [1]
Assets held for sale 1,879,568 173,865 [1]
Total current assets 2,638,244 879,814 [1]
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $8,359,120 in 2019 and $8,070,487 in 2018 8,559,143 8,432,133 [1]
Operating lease assets 618,123  
Deferred income taxes 124,679 146,197 [1]
Deferred charges and other assets 42,928 49,435 [1]
Non-current assets held for sale [1]   1,545,008
Total assets 11,983,117 11,052,587 [1]
Current liabilities    
Current maturities of long-term debt 679 668 [1]
Accounts payable 475,559 348,026 [1]
Income taxes payable 15,450 15,309 [1]
Other taxes payable 14,283 17,649 [1]
Operating lease liabilities 155,534  
Other accrued liabilities 157,031 177,948 [1]
Liabilities associated with assets held for sale 819,694 286,458 [1]
Total current liabilities 1,638,230 846,058 [1]
Long-term debt, including capital lease obligation 3,110,098 3,109,318 [1]
Asset retirement obligations 783,495 752,519 [1]
Deferred credits and other liabilities 471,099 624,436 [1]
Non-current operating lease liabilities 468,427  
Deferred income taxes 185,091 129,894 [1]
Non-current liabilities associated with assets held for sale [1]   392,720
Equity    
Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued [1]
Common Stock, par $1.00, authorized 450,000,000 shares, issued 195,083,364 shares in 2019 and 195,076,924 in 2018 195,083 195,077 [1]
Capital in excess of par value 924,904 979,642 [1]
Retained earnings 5,627,081 5,513,529 [1]
Accumulated other comprehensive loss (580,999) (609,787) [1]
Treasury stock (1,217,293) (1,249,162) [1]
Murphy Shareholders' Equity 4,948,776 4,829,299 [1]
Noncontrolling interest 377,901 368,343 [1]
Total equity 5,326,677 5,197,642 [1]
Total liabilities and stockholders' equity $ 11,983,117 $ 11,052,587 [1]
[1] Reclassified to conform to current presentation (see Note A).