CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 491,963	$ 521,184
Accounts receivable, net	391,152	258,150
Inventories	54,513	54,198
Prepaid expenses	34,697	31,925
Assets held for sale	0	15,453
Total current assets	972,325	880,910
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $12,489,970 in 2022 and $12,457,851 in 2021	8,228,016	8,127,852
Operating lease assets	946,406	881,389
Deferred income taxes	117,889	385,516
Deferred charges and other assets	44,316	29,273
Total assets	10,308,952	10,304,940
Current liabilities
Current maturities of long-term debt, finance lease	687	654
Accounts payable	543,786	623,129
Income taxes payable	26,544	19,951
Other taxes payable	22,819	20,306
Operating lease liabilities	220,413	139,427
Other accrued liabilities	443,585	360,859
Total current liabilities	1,257,834	1,164,326
Long-term debt, including finance lease obligation	1,822,452	2,465,414
Asset retirement obligations	817,268	839,776
Deferred credits and other liabilities	304,948	570,574
Non-current operating lease liabilities	742,654	761,162
Deferred income taxes	214,903	182,892
Total liabilities	5,160,059	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	893,578	926,698
Retained earnings	6,055,498	5,218,670
Accumulated other comprehensive loss	(534,686)	(527,711)
Treasury stock	(1,614,717)	(1,655,447)
Murphy Shareholders' Equity	4,994,774	4,157,311
Noncontrolling interest	154,119	163,485
Total equity	5,148,893	4,320,796
Total liabilities and equity	$ 10,308,952	$ 10,304,940