XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 369,355 $ 491,963
Accounts receivable, net 409,989 391,152
Inventories 62,450 54,513
Prepaid expenses 27,354 34,697
Total current assets 869,148 972,325
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $12,984,567 in 2023 and $12,489,970 in 2022 8,426,045 8,228,016
Operating lease assets 867,353 946,406
Deferred income taxes 40,678 117,889
Deferred charges and other assets 46,306 44,316
Total assets 10,249,530 10,308,952
Current liabilities    
Current maturities of long-term debt, finance lease 705 687
Accounts payable 584,107 543,786
Income taxes payable 23,539 26,544
Other taxes payable 32,091 22,819
Operating lease liabilities 258,278 220,413
Other accrued liabilities 135,788 443,585
Total current liabilities 1,034,508 1,257,834
Long-term debt, including finance lease obligation 1,823,521 1,822,452
Asset retirement obligations 843,328 817,268
Deferred credits and other liabilities 299,089 304,948
Non-current operating lease liabilities 624,736 742,654
Deferred income taxes 235,665 214,903
Total liabilities 4,860,847 5,160,059
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 2023 and 195,100,628 shares in 2022 195,101 195,101
Capital in excess of par value 861,951 893,578
Retained earnings 6,259,561 6,055,498
Accumulated other comprehensive loss (495,783) (534,686)
Treasury stock (1,586,522) (1,614,717)
Murphy Shareholders' Equity 5,234,308 4,994,774
Noncontrolling interest 154,375 154,119
Total equity 5,388,683 5,148,893
Total liabilities and equity $ 10,249,530 $ 10,308,952