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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 398,183 $ 555,320
Trade accounts receivable, less allowance for doubtful accounts (2019 – $4,513; 2018 – $4,460) 624,808 605,712
Other accounts receivable 105,207 52,059
Inventories 814,022 700,540
Other current assets 94,417 84,790
Total current assets 2,036,637 1,998,421
Property, plant and equipment, at cost 5,248,994 4,799,063
Less accumulated depreciation and amortization 1,858,369 1,777,979
Net property, plant and equipment 3,390,625 3,021,084
Investments 541,014 528,722
Other assets 186,592 80,135
Goodwill 1,566,464 1,567,169
Other intangibles, net of amortization 373,082 386,143
Total assets 8,094,414 7,581,674
Current liabilities:    
Accounts payable 558,839 522,516
Accrued expenses 268,666 257,323
Current portion of long-term debt 490,691 307,294
Dividends payable 38,733 35,169
Current operating lease liability 19,441 0
Income taxes payable 23,611 60,871
Total current liabilities 1,399,981 1,183,173
Long-term debt 1,398,419 1,397,916
Postretirement benefits 46,025 46,157
Pension benefits 279,342 285,396
Other noncurrent liabilities 609,209 526,942
Deferred income taxes 387,035 382,982
Commitments and contingencies (Note 9)
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 105,971 in 2019 and 105,616 in 2018 1,059 1,056
Additional paid-in capital 1,373,213 1,368,897
Accumulated other comprehensive loss (349,411) (350,682)
Retained earnings 2,775,940 2,566,050
Total Albemarle Corporation shareholders’ equity 3,800,801 3,585,321
Noncontrolling interests 173,602 173,787
Total equity 3,974,403 3,759,108
Total liabilities and equity $ 8,094,414 $ 7,581,674