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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 515,119 $ 477,239
Trade accounts receivable, less allowance for doubtful accounts (2014 – $1,613; 2013 – $1,614) 407,298 446,864
Other accounts receivable 39,413 45,094
Inventories 370,564 [1] 436,049
Assets of discontinued operations held for sale 137,984 0
Other current assets 55,505 77,669
Total current assets 1,525,883 1,482,915
Property, plant and equipment, at cost 2,628,376 2,972,084
Less accumulated depreciation and amortization 1,388,790 1,615,015
Net property, plant and equipment 1,239,586 1,357,069
Investments 224,050 212,178
Other assets 156,363 160,229
Goodwill 265,231 284,203
Other intangibles, net of amortization 43,419 88,203
Total assets 3,454,532 3,584,797
Current liabilities:    
Accounts payable 185,024 194,064
Accrued expenses 216,232 190,533
Current portion of long-term debt 377,521 24,554
Dividends payable 21,268 19,197
Liabilities of discontinued operations held for sale 11,178 0
Income taxes payable 4,691 8,015
Total current liabilities 815,914 436,363
Long-term debt 685,845 1,054,310
Postretirement benefits 52,909 53,903
Pension benefits 71,866 57,647
Other noncurrent liabilities 96,472 110,610
Deferred income taxes 106,436 129,188
Commitments and contingencies (Note 8)      
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 78,234 in 2014 and 80,053 in 2013 782 801
Additional paid-in capital 3,213 9,957
Accumulated other comprehensive income 99,644 116,245
Retained earnings 1,399,342 1,500,358
Total Albemarle Corporation shareholders’ equity 1,502,981 1,627,361
Noncontrolling interests 122,109 115,415
Total equity 1,625,090 1,742,776
Total liabilities and equity $ 3,454,532 $ 3,584,797
[1] As of June 30, 2014, $58.1 million of inventories (consisting primarily of finished goods) were classified as Assets of discontinued operations held for sale in the condensed consolidated balance sheets. See Note 15, “Discontinued Operations” for additional information.