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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 816,694 $ 513,873
Canadian government securities with maturities greater than 90 days at the date of acquisition 491,604 532,093
Accounts receivable, less allowance for doubtful accounts of $7,856 in 2012 and $7,892 in 2011 1,639,428 1,554,184
Inventories, at lower of cost or market    
Crude oil 249,853 189,320
Finished products 302,308 254,880
Materials and supplies 277,037 222,438
Prepaid expenses 239,444 93,397
Deferred income taxes 63,547 87,486
Assets held for sale 22,057 0
Total current assets 4,101,972 3,447,671
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $7,631,197 in 2012 and $6,861,494 in 2011 12,111,918 10,475,149
Goodwill 43,470 41,863
Deferred charges and other assets 145,994 173,455
Assets held for sale 186,483 0
Total assets 16,589,837 14,138,138
Current liabilities    
Current maturities of long-term debt 45 350,005
Accounts payable and accrued liabilities 2,918,657 2,273,139
Income taxes payable 255,970 201,784
Liabilities associated with assets held for sale 49,949 0
Total current liabilities 3,224,621 2,824,928
Long-term debt 1,184,580 249,553
Deferred income taxes 1,379,526 1,230,111
Asset retirement obligations 613,240 615,545
Deferred credits and other liabilities 444,025 439,604
Liabilities associated with assets held for sale 127,087 0
Stockholders' 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 194,452,935 shares in 2012 and 193,909,200 shares in 2011 194,453 193,909
Capital in excess of par value 860,314 817,974
Retained earnings 8,105,611 7,460,942
Accumulated other comprehensive income 459,374 310,420
Treasury stock, 114,854 shares of Common Stock in 2012 and 185,992 shares of Common Stock in 2011, at cost (2,994) (4,848)
Total stockholders' equity 9,616,758 8,778,397
Total liabilities and stockholders' equity $ 16,589,837 $ 14,138,138