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CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 418,100 $ 310,606
Accounts receivable, less allowance for doubtful accounts 366,542 262,014
Inventories 57,116 66,076
Prepaid expenses 36,027 33,860
Assets held for sale 40,821 327,736
Total current assets 918,606 1,000,292
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $12,146,262 in 2021 and $11,455,305 in 2020 8,224,538 8,269,038
Operating lease assets 973,801 927,658
Deferred income taxes 457,600 395,253
Deferred charges and other assets 29,645 28,611
Total assets 10,604,190 10,620,852
Current liabilities    
Current maturities of long-term debt, finance lease 755 0
Accounts payable 744,067 407,097
Income taxes payable 19,176 18,018
Other taxes payable 20,290 22,498
Operating lease liabilities 167,474 103,758
Other accrued liabilities 321,524 150,578
Liabilities associated with assets held for sale 0 14,372
Total current liabilities 1,273,286 716,321
Long-term debt, including finance lease obligation 2,762,851 2,988,067
Asset retirement obligations 817,502 816,308
Deferred credits and other liabilities 738,407 680,580
Non-current operating lease liabilities 826,713 845,088
Deferred income taxes 143,603 180,341
Total liabilities 6,562,362 6,226,705
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 2021 and 195,100,628 shares in 2020 195,101 195,101
Capital in excess of par value 915,181 941,692
Retained earnings 4,980,428 5,369,538
Accumulated other comprehensive loss (553,519) (601,333)
Treasury stock (1,656,591) (1,690,661)
Murphy Shareholders' Equity 3,880,600 4,214,337
Noncontrolling interest 161,228 179,810
Total equity 4,041,828 4,394,147
Total liabilities and equity $ 10,604,190 $ 10,620,852