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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 323,430 $ 317,074
Accounts receivable, net 356,863 343,992
Inventories 49,662 54,454
Prepaid expenses 30,934 36,674
Total current assets 760,889 752,194
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $13,309,133 in 2024 and $13,135,385 in 2023 8,188,903 8,225,197
Operating lease assets 681,766 745,185
Deferred income taxes 434 435
Deferred charges and other assets 36,668 43,686
Total assets 9,668,660 9,766,697
Current liabilities    
Current maturities of long-term debt, finance lease 730 723
Accounts payable 485,892 446,891
Income taxes payable 24,710 21,007
Other taxes payable 26,096 29,339
Operating lease liabilities 179,471 207,840
Other accrued liabilities 101,253 140,745
Total current liabilities 818,152 846,545
Long-term debt, including finance lease obligation 1,328,669 1,328,352
Asset retirement obligations 916,815 904,051
Deferred credits and other liabilities 303,951 309,605
Non-current operating lease liabilities 516,520 551,845
Deferred income taxes 292,048 276,646
Total liabilities 4,176,155 4,217,044
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 2024 and 195,100,628 shares in 2023 195,101 195,101
Capital in excess of par value 816,815 880,297
Retained earnings 6,590,308 6,546,079
Accumulated other comprehensive loss (555,735) (521,117)
Treasury stock (1,742,498) (1,737,566)
Murphy Shareholders' Equity 5,303,991 5,362,794
Noncontrolling interest 188,514 186,859
Total equity 5,492,505 5,549,653
Total liabilities and equity $ 9,668,660 $ 9,766,697