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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 653,120 $ 477,239
Trade accounts receivable, less allowance for doubtful accounts (2014 – $1,578; 2013 – $1,614) 383,325 446,864
Other accounts receivable 41,261 45,094
Inventories 367,911 [1] 436,049
Other current assets 62,690 77,669
Total current assets 1,508,307 1,482,915
Property, plant and equipment, at cost 2,623,271 2,972,084
Less accumulated depreciation and amortization 1,392,997 1,615,015
Net property, plant and equipment 1,230,274 1,357,069
Investments 196,512 212,178
Other assets 160,291 160,229
Goodwill 251,964 284,203
Other intangibles, net of amortization 46,118 88,203
Total assets 3,393,466 3,584,797
Current liabilities:    
Accounts payable 205,809 194,064
Accrued expenses 214,243 190,533
Current portion of long-term debt 368,268 24,554
Dividends payable 21,275 19,197
Income taxes payable 3,115 8,015
Total current liabilities 812,710 436,363
Long-term debt 684,107 1,054,310
Postretirement benefits 52,872 53,903
Pension benefits 67,659 57,647
Other noncurrent liabilities 93,732 110,610
Deferred income taxes 95,115 129,188
Commitments and contingencies (Note 8)      
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 78,249 in 2014 and 80,053 in 2013 782 801
Additional paid-in capital 6,992 9,957
Accumulated other comprehensive (loss) income (1,651) 116,245
Retained earnings 1,450,618 1,500,358
Total Albemarle Corporation shareholders’ equity 1,456,741 1,627,361
Noncontrolling interests 130,530 115,415
Total equity 1,587,271 1,742,776
Total liabilities and equity $ 3,393,466 $ 3,584,797
[1] Decrease in Total inventories is primarily related to the sale of our antioxidant, ibuprofen and propofol businesses and assets which closed on September 1, 2014.