CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 480,587	$ 521,184
Accounts receivable, less allowance for doubtful accounts	371,838	258,150
Inventories	59,339	54,198
Prepaid expenses	32,585	31,925
Assets held for sale	15,701	15,453
Total current assets	960,050	880,910
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $12,660,784 in 2022 and $12,457,851 in 2021	8,237,743	8,127,852
Operating lease assets	907,504	881,389
Deferred income taxes	408,346	385,516
Deferred charges and other assets	28,094	29,273
Total assets	10,541,737	10,304,940
Current liabilities
Current maturities of long-term debt, finance lease	662	654
Accounts payable	939,941	623,129
Income taxes payable	21,587	19,951
Other taxes payable	21,415	20,306
Operating lease liabilities	173,892	139,427
Other accrued liabilities	441,382	360,859
Total current liabilities	1,598,879	1,164,326
Long-term debt, including finance lease obligation	2,466,114	2,465,414
Asset retirement obligations	859,335	839,776
Deferred credits and other liabilities	472,708	570,574
Non-current operating lease liabilities	752,364	761,162
Deferred income taxes	188,047	182,892
Total liabilities	6,337,447	5,984,144
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 2022 and 195,100,628 shares in 2021	195,101	195,101
Capital in excess of par value	880,537	926,698
Retained earnings	5,082,034	5,218,670
Accumulated other comprehensive loss	(506,355)	(527,711)
Treasury stock	(1,618,478)	(1,655,447)
Murphy Shareholders' Equity	4,032,839	4,157,311
Noncontrolling interest	171,451	163,485
Total equity	4,204,290	4,320,796
Total liabilities and equity	$ 10,541,737	$ 10,304,940