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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 252,382 $ 213,734
Trade accounts receivable, less allowance for doubtful accounts (2016 – $5,981; 2015 – $4,148) 565,724 552,828
Other accounts receivable 87,239 79,877
Inventories 531,230 508,728
Other current assets 68,519 71,351
Assets held for sale 110,297 404,485
Total current assets 1,615,391 1,831,003
Property, plant and equipment, at cost 3,929,319 3,881,162
Less accumulated depreciation and amortization 1,439,779 1,396,424
Net property, plant and equipment 2,489,540 2,484,738
Investments 476,701 455,417
Other assets 194,811 199,938
Goodwill 2,931,293 2,893,811 [1]
Other intangibles, net of amortization 1,731,232 1,733,047
Total assets 9,438,968 9,597,954
Current liabilities:    
Accounts payable 303,805 306,517
Accrued expenses 315,649 402,379
Current portion of long-term debt 484,754 677,345
Dividends payable 34,016 32,306
Liabilities held for sale 28,618 128,706
Income taxes payable 58,256 69,432
Total current liabilities 1,225,098 1,616,685
Long-term debt 3,105,351 3,157,614
Postretirement benefits 49,427 49,647
Pension benefits 380,933 381,552
Other noncurrent liabilities 248,177 254,826
Deferred income taxes $ 735,111 $ 736,317
Commitments and contingencies (Note 11)
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 112,297 in 2016 and 112,219 in 2015 $ 1,123 $ 1,122
Additional paid-in capital 2,061,503 2,059,151
Accumulated other comprehensive loss (331,663) (421,288)
Retained earnings 1,809,342 1,615,407
Total Albemarle Corporation shareholders’ equity 3,540,305 3,254,392
Noncontrolling interests 154,566 146,921
Total equity 3,694,871 3,401,313
Total liabilities and equity $ 9,438,968 $ 9,597,954
[1] The December 31, 2015 balances have been recast to reflect a change in segments. See Note 12, "Segment Information," for further details.