CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 2,269,756	$ 213,734
Trade accounts receivable, less allowance for doubtful accounts (2016—$15,312; 2015—$3,390)	486,035	397,912
Other accounts receivable	41,985	74,989	[1]
Inventories	450,263	439,513	[2]
Other current assets	58,579	62,922	[3]
Assets held for sale	0	641,932
Total current assets	3,306,618	1,831,002
Property, plant and equipment, at cost	3,910,522	3,700,472	[4]
Less accumulated depreciation and amortization	1,550,382	1,379,377
Net property, plant and equipment	2,360,140	2,321,095
Investments	457,533	435,584
Noncurrent assets held for sale	0	2,971,455
Other assets	142,320	194,398	[5]
Goodwill	1,540,032	1,460,552	[6],[7]
Other intangibles, net of amortization	354,564	383,868	[8]
Total assets	8,161,207	9,597,954
Current liabilities:
Accounts payable	281,874	239,572
Accrued expenses	322,165	313,259	[9]
Current portion of long-term debt	247,544	674,994
Dividends payable	34,104	32,306
Liabilities held for sale	0	329,598
Income taxes payable	254,416	26,956
Total current liabilities	1,140,103	1,616,685
Long-term debt	2,121,718	3,142,163
Postretirement benefits	50,538	49,647
Pension benefits	298,695	299,983
Noncurrent liabilities held for sale	0	464,207
Other noncurrent liabilities	194,810	239,104	[10]
Deferred income taxes	412,739	384,852
Commitments and contingencies
Albemarle Corporation shareholders’ equity:
Common stock, $.01 par value (authorized 150,000 shares), issued and outstanding — 112,524 in 2016 and 112,219 in 2015	1,125	1,122
Additional paid-in capital	2,084,418	2,059,151
Accumulated other comprehensive loss	(412,412)	(421,288)
Retained earnings	2,121,931	1,615,407
Total Albemarle Corporation shareholders’ equity	3,795,062	3,254,392
Noncontrolling interests	147,542	146,921
Total equity	3,942,604	3,401,313
Total liabilities and equity	$ 8,161,207	$ 9,597,954

[1] As of December 31, 2015, $8.3 million of Other accounts receivable were classified as Assets held for sale in the consolidated balance sheets. See Note 3, “Divestitures,” for additional information.

[2] As of December 31, 2015, $162.8 million of Inventories were classified as Assets held for sale in the consolidated balance sheets. See Note 3, “Divestitures,” for additional information.

[3] As of December 31, 2015, $11.9 million of Other current assets were classified as Assets held for sale in the consolidated balance sheets. See Note 3, “Divestitures,” for additional information.

[4] As of December 31, 2015, $424.1 million of Property, plant and equipment, at cost, was classified as Assets held for sale in the consolidated balance sheets. See Note 3, “Divestitures,” for additional information.

[5] As of December 31, 2015, $8.6 million of Other Assets were classified as Assets held for sale in the consolidated balance sheets. See Note 3, “Divestitures,” for additional information.

[6] As of December 31, 2015, $1.5 billion of Goodwill was classified as Assets held for sale in the consolidated balance sheets. See Note 3, “Divestitures,” for additional information.

[7] The December 31, 2015 and 2014 balances have been recast to reflect a change in segments. See Note 25, “Segment and Geographic Area Information,” for further details.

[8] As of December 31, 2015, $1.4 billion of Other intangibles, net of amortization were classified as Assets held for sale in the consolidated balance sheets. See Note 3 “Divestitures,” for additional information.

[9] As of December 31, 2015, $112.1 million of Accrued expenses were classified as Liabilities held for sale in the consolidated balance sheets. See Note 3, “Divestitures,” for additional information.

[10] As of December 31, 2015, $20.2 million of Other noncurrent liabilities were classified as Liabilities held for sale in the consolidated balance sheets. See Note 3, “Divestitures,” for additional information.