CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 219,636	$ 306,760
Accounts receivable, less allowance for doubtful accounts of $1,605 in 2020 and 2019	279,149	426,684
Inventories	67,856	76,123
Prepaid expenses	58,099	40,896
Assets held for sale	108,916	123,864
Total current assets	733,656	974,327
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $11,102,285 in 2020 and $9,333,646 in 2019	8,592,834	9,969,743
Operating lease assets	765,484	598,293
Deferred income taxes	347,053	129,287
Deferred charges and other assets	30,324	46,854
Total assets	10,469,351	11,718,504
Current liabilities
Accounts payable	295,398	602,096
Income taxes payable	17,813	19,049
Other taxes payable	23,755	18,613
Operating lease liabilities	100,169	92,286
Other accrued liabilities	157,574	197,447
Liabilities associated with assets held for sale	14,677	13,298
Total current liabilities	609,386	942,789
Long-term debt, including capital lease obligation	2,987,057	2,803,381
Asset retirement obligations	856,856	825,794
Deferred credits and other liabilities	635,980	613,407
Non-current operating lease liabilities	686,516	521,324
Deferred income taxes	179,511	207,198
Total liabilities	5,955,306	5,913,893
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 195,100,628 shares in 2020 and 195,089,269 shares in 2019	195,101	195,089
Capital in excess of par value	936,318	949,445
Retained earnings	5,560,673	6,614,304
Accumulated other comprehensive loss	(657,995)	(574,161)
Treasury stock	(1,690,661)	(1,717,217)
Murphy Shareholders' Equity	4,343,436	5,467,460
Noncontrolling interest	170,609	337,151
Total equity	4,514,045	5,804,611
Total liabilities and equity	$ 10,469,351	$ 11,718,504