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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 317,823 $ 555,320
Trade accounts receivable, less allowance for doubtful accounts (2019 – $4,391; 2018 – $4,460) 637,037 605,712
Other accounts receivable 86,556 52,059
Inventories 802,434 700,540
Other current assets 125,902 84,790
Total current assets 1,969,752 1,998,421
Property, plant and equipment, at cost 5,406,123 4,799,063
Less accumulated depreciation and amortization 1,882,086 1,777,979
Net property, plant and equipment 3,524,037 3,021,084
Investments 551,657 528,722
Other assets 200,858 80,135
Goodwill 1,534,241 1,567,169
Other intangibles, net of amortization 361,058 386,143
Total assets 8,141,603 7,581,674
Current liabilities:    
Accounts payable 527,052 522,516
Accrued expenses 273,709 257,323
Current portion of long-term debt 539,960 307,294
Dividends payable 38,678 35,169
Current operating lease liability 24,606 0
Income taxes payable 17,238 60,871
Total current liabilities 1,421,243 1,183,173
Long-term debt 1,381,984 1,397,916
Postretirement benefits 45,752 46,157
Pension benefits 272,345 285,396
Other noncurrent liabilities 618,822 526,942
Deferred income taxes 393,120 382,982
Commitments and contingencies (Note 9)
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 106,031 in 2019 and 105,616 in 2018 1,060 1,056
Additional paid-in capital 1,379,419 1,368,897
Accumulated other comprehensive loss (435,977) (350,682)
Retained earnings 2,892,057 2,566,050
Total Albemarle Corporation shareholders’ equity 3,836,559 3,585,321
Noncontrolling interests 171,778 173,787
Total equity 4,008,337 3,759,108
Total liabilities and equity $ 8,141,603 $ 7,581,674