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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 692,188 $ 1,137,303
Trade accounts receivable, less allowance for doubtful accounts (2018 – $10,098; 2017 – $10,425) 606,968 534,326
Other accounts receivable 43,410 37,937
Inventories 666,567 592,781
Other current assets 113,763 136,064
Assets held for sale 35,829 39,152
Total current assets 2,158,725 2,477,563
Property, plant and equipment, at cost 4,247,345 4,124,335
Less accumulated depreciation and amortization 1,678,139 1,631,025
Net property, plant and equipment 2,569,206 2,493,310
Investments 524,687 534,064
Noncurrent assets held for sale 151,743 139,813
Other assets 78,619 74,164
Goodwill 1,643,746 1,610,355
Other intangibles, net of amortization 429,614 421,503
Total assets 7,556,340 7,750,772
Current liabilities:    
Accounts payable 481,726 418,537
Accrued expenses 262,883 268,336
Current portion of long-term debt 39,216 422,012
Dividends payable 36,885 35,165
Liabilities held for sale 2,173 1,938
Income taxes payable 45,977 54,937
Total current liabilities 868,860 1,200,925
Long-term debt 1,436,852 1,415,360
Postretirement benefits 52,090 52,003
Pension benefits 296,671 294,611
Noncurrent liabilities held for sale 682 614
Other noncurrent liabilities 588,640 599,174
Deferred income taxes 369,115 370,389
Commitments and contingencies (Note 10)
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 110,756 in 2018 and 110,547 in 2017 1,107 1,105
Additional paid-in capital 1,855,321 1,863,949
Accumulated other comprehensive loss (174,739) (225,668)
Retained earnings 2,118,621 2,035,163
Total Albemarle Corporation shareholders’ equity 3,800,310 3,674,549
Noncontrolling interests 143,120 143,147
Total equity 3,943,430 3,817,696
Total liabilities and equity $ 7,556,340 $ 7,750,772