CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	[1]
Current assets
Cash and cash equivalents	$ 434,899	$ 359,923
Accounts receivable, less allowance for doubtful accounts of $1,605 in 2019 and 2018	462,513	231,686
Inventories	79,441	80,024
Prepaid expenses	39,358	34,316
Assets held for sale	128,415	173,865
Total current assets	1,144,626	879,814
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $8,946,731 in 2019 and $8,070,487 in 2018	9,931,963	8,432,133
Operating lease assets	565,987	0
Deferred income taxes	94,592	146,197
Deferred charges and other assets	46,499	49,435
Non-current assets held for sale	0	1,545,008
Total assets	11,783,667	11,052,587
Current liabilities
Current maturities of long-term debt	0	668
Accounts payable	575,461	348,026
Income taxes payable	18,658	15,309
Other taxes payable	27,454	17,649
Operating lease liabilities	117,071	0
Other accrued liabilities	176,102	177,948
Liabilities associated with assets held for sale	18,114	286,458
Total current liabilities	932,860	846,058
Long-term debt, including capital lease obligation	2,779,228	3,109,318
Asset retirement obligations	836,537	752,519
Deferred credits and other liabilities	551,793	624,436
Non-current operating lease liabilities	457,206	0
Deferred income taxes	200,223	129,894
Non-current liabilities associated with assets held for sale	0	392,720
Total liabilities	5,757,847	5,854,945
Equity
Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued	0	0
Common Stock, par $1.00, authorized 450,000,000 shares, issued 195,083,364 shares in 2019 and 195,076,924 shares in 2018	195,083	195,077
Capital in excess of par value	941,309	979,642
Retained earnings	6,726,316	5,513,529
Accumulated other comprehensive loss	(562,827)	(609,787)
Treasury stock	(1,623,231)	(1,249,162)
Murphy Shareholders' Equity	5,676,650	4,829,299
Noncontrolling interest	349,170	368,343
Total equity	6,025,820	5,197,642
Total liabilities and equity	$ 11,783,667	$ 11,052,587

[1] Reclassified to conform to current presentation (see Note A).