CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents	$ 521,184	$ 310,606
Accounts receivable, less allowance for doubtful accounts	258,150	262,014
Inventories	54,198	66,076
Prepaid expenses	31,925	33,860
Assets held for sale	15,453	327,736
Total current assets	880,910	1,000,292
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $12,457,851 in 2021 and $11,455,305 in 2020	8,127,852	8,269,038
Operating lease assets	881,389	927,658
Deferred income taxes	385,516	395,253
Deferred charges and other assets	29,273	28,611
Total assets	10,304,940	10,620,852
Current liabilities
Current maturities of long-term debt, finance lease	654	0
Accounts payable	623,129	407,097
Income taxes payable	19,951	18,018
Other taxes payable	20,306	22,498
Operating lease liabilities	139,427	103,758
Other accrued liabilities	360,859	150,578
Liabilities associated with assets held for sale	0	14,372
Total current liabilities	1,164,326	716,321
Long-term debt, including finance lease obligation	2,465,414	2,988,067
Asset retirement obligations	839,776	816,308
Deferred credits and other liabilities	570,574	680,580
Non-current operating lease liabilities	761,162	845,088
Deferred income taxes	182,892	180,341
Total liabilities	5,984,144	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	926,698	941,692
Retained earnings	5,218,670	5,369,538
Accumulated other comprehensive loss	(527,711)	(601,333)
Treasury stock	(1,655,447)	(1,690,661)
Murphy Shareholders' Equity	4,157,311	4,214,337
Noncontrolling interest	163,485	179,810
Total equity	4,320,796	4,394,147
Total liabilities and equity	$ 10,304,940	$ 10,620,852