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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 641,226 $ 1,137,303
Trade accounts receivable, less allowance for doubtful accounts (2018 – $6,300; 2017 – $10,425) 550,788 534,326
Other accounts receivable 41,961 37,937
Inventories 727,381 592,781
Other current assets 98,221 136,064
Assets held for sale 0 39,152
Total current assets 2,059,577 2,477,563
Property, plant and equipment, at cost 4,571,779 4,124,335
Less accumulated depreciation and amortization 1,746,414 1,631,025
Net property, plant and equipment 2,825,365 2,493,310
Investments 535,292 534,064
Noncurrent assets held for sale 0 139,813
Other assets 78,054 74,164
Goodwill 1,590,906 1,610,355
Other intangibles, net of amortization 398,001 421,503
Total assets 7,487,195 7,750,772
Current liabilities:    
Accounts payable 474,229 418,537
Accrued expenses 258,371 268,336
Current portion of long-term debt 286,188 422,012
Dividends payable 35,462 35,165
Liabilities held for sale 0 1,938
Income taxes payable 72,759 54,937
Total current liabilities 1,127,009 1,200,925
Long-term debt 1,411,605 1,415,360
Postretirement benefits 51,669 52,003
Pension benefits 278,682 294,611
Noncurrent liabilities held for sale 0 614
Other noncurrent liabilities 553,469 599,174
Deferred income taxes 378,484 370,389
Commitments and contingencies (Note 9)
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 106,187 in 2018 and 110,547 in 2017 1,062 1,105
Additional paid-in capital 1,363,262 1,863,949
Accumulated other comprehensive loss (314,191) (225,668)
Retained earnings 2,478,711 2,035,163
Total Albemarle Corporation shareholders’ equity 3,528,844 3,674,549
Noncontrolling interests 157,433 143,147
Total equity 3,686,277 3,817,696
Total liabilities and equity $ 7,487,195 $ 7,750,772