Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 553,228	$ 613,110
Trade accounts receivable, less allowance for doubtful accounts (2020 – $3,700; 2019 – $3,711)	518,703	612,651
Other accounts receivable	73,765	67,551
Inventories	853,500	768,984
Other current assets	155,985	162,813
Total current assets	2,155,181	2,225,109
Property, plant and equipment, at cost	6,973,817	6,817,843
Less accumulated depreciation and amortization	1,947,848	1,908,370
Net property, plant and equipment	5,025,969	4,909,473
Investments	543,670	579,813
Other assets	219,202	213,061
Goodwill	1,559,055	1,578,785
Other intangibles, net of amortization	344,561	354,622
Total assets	9,847,638	9,860,863
Current liabilities:
Accounts payable	573,075	574,138
Accrued expenses	491,579	553,160
Current portion of long-term debt	35,615	187,336
Dividends payable	40,715	38,764
Current operating lease liability	23,826	23,137
Income taxes payable	28,116	32,461
Total current liabilities	1,192,926	1,408,996
Long-term debt	3,105,225	2,862,921
Postretirement benefits	50,673	50,899
Pension benefits	285,851	292,073
Other noncurrent liabilities	768,757	754,536
Deferred income taxes	402,681	397,858
Commitments and contingencies (Note 9)
Albemarle Corporation shareholders’ equity:
Common stock, $.01 par value, issued and outstanding – 106,318 in 2020 and 106,040 in 2019	1,063	1,061
Additional paid-in capital	1,393,681	1,383,446
Accumulated other comprehensive loss	(526,489)	(395,735)
Retained earnings	3,009,749	2,943,478
Total Albemarle Corporation shareholders’ equity	3,878,004	3,932,250
Noncontrolling interests	163,521	161,330
Total equity	4,041,525	4,093,580
Total liabilities and equity	$ 9,847,638	$ 9,860,863