XML 71 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Mar. 31, 2014
Dec. 31, 2013
Current assets:        
Cash and cash equivalents $ 261,421us-gaap_CashAndCashEquivalentsAtCarryingValue $ 2,489,768us-gaap_CashAndCashEquivalentsAtCarryingValue $ 524,043us-gaap_CashAndCashEquivalentsAtCarryingValue $ 477,239us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade accounts receivable, less allowance for doubtful accounts (2015 – $1,991; 2014 – $1,563) 626,965us-gaap_AccountsReceivableNetCurrent 385,212us-gaap_AccountsReceivableNetCurrent    
Other accounts receivable 83,033us-gaap_OtherReceivablesNetCurrent 49,423us-gaap_OtherReceivablesNetCurrent    
Inventories 620,177us-gaap_InventoryNet 358,361us-gaap_InventoryNet    
Other current assets 94,947us-gaap_OtherAssetsCurrent 66,086us-gaap_OtherAssetsCurrent    
Total current assets 1,686,543us-gaap_AssetsCurrent 3,348,850us-gaap_AssetsCurrent    
Property, plant and equipment, at cost 4,021,633us-gaap_PropertyPlantAndEquipmentGross 2,620,670us-gaap_PropertyPlantAndEquipmentGross    
Less accumulated depreciation and amortization 1,404,606us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 1,388,802us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment    
Net property, plant and equipment 2,617,027us-gaap_PropertyPlantAndEquipmentNet 1,231,868us-gaap_PropertyPlantAndEquipmentNet    
Investments 652,972us-gaap_LongTermInvestments 194,042us-gaap_LongTermInvestments    
Other assets 180,212us-gaap_OtherAssetsNoncurrent 160,956us-gaap_OtherAssetsNoncurrent    
Goodwill 2,709,670us-gaap_Goodwill 243,262us-gaap_Goodwill    
Other intangibles, net of amortization 1,948,335us-gaap_IntangibleAssetsNetExcludingGoodwill 44,125us-gaap_IntangibleAssetsNetExcludingGoodwill    
Total assets 9,794,759us-gaap_Assets 5,223,103us-gaap_Assets    
Current liabilities:        
Accounts payable 340,815us-gaap_AccountsPayableCurrent 231,705us-gaap_AccountsPayableCurrent    
Accrued expenses 553,947us-gaap_AccruedLiabilitiesCurrent 166,174us-gaap_AccruedLiabilitiesCurrent    
Current portion of long-term debt 471,809us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 711,096us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent    
Dividends payable 32,261us-gaap_DividendsPayableCurrent 21,458us-gaap_DividendsPayableCurrent    
Income taxes payable 57,512us-gaap_AccruedIncomeTaxesCurrent 9,453us-gaap_AccruedIncomeTaxesCurrent    
Total current liabilities 1,456,344us-gaap_LiabilitiesCurrent 1,139,886us-gaap_LiabilitiesCurrent    
Long-term debt 3,541,312us-gaap_LongTermDebtAndCapitalLeaseObligations 2,223,035us-gaap_LongTermDebtAndCapitalLeaseObligations    
Postretirement benefits 55,298us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent 56,424us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent    
Pension benefits 451,192us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent 170,534us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent    
Other noncurrent liabilities 241,971us-gaap_OtherLiabilitiesNoncurrent 87,705us-gaap_OtherLiabilitiesNoncurrent    
Deferred income taxes 801,312us-gaap_DeferredTaxLiabilitiesNoncurrent 56,884us-gaap_DeferredTaxLiabilitiesNoncurrent    
Commitments and contingencies (Notes 2, 8)          
Albemarle Corporation shareholders’ equity:        
Common stock, $.01 par value, issued and outstanding – 112,185 in 2015 and 78,031 in 2014 1,122us-gaap_CommonStockValue 780us-gaap_CommonStockValue    
Additional paid-in capital 2,049,309us-gaap_AdditionalPaidInCapitalCommonStock 10,447us-gaap_AdditionalPaidInCapitalCommonStock    
Accumulated other comprehensive loss (362,282)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (62,413)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 106,927us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 116,245us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Retained earnings 1,421,234us-gaap_RetainedEarningsAccumulatedDeficit 1,410,651us-gaap_RetainedEarningsAccumulatedDeficit    
Total Albemarle Corporation shareholders’ equity 3,109,383us-gaap_StockholdersEquity 1,359,465us-gaap_StockholdersEquity    
Noncontrolling interests 137,947us-gaap_MinorityInterest 129,170us-gaap_MinorityInterest    
Total equity 3,247,330us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,488,635us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,727,601us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,742,776us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 9,794,759us-gaap_LiabilitiesAndStockholdersEquity $ 5,223,103us-gaap_LiabilitiesAndStockholdersEquity