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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 702,073 $ 613,110
Trade accounts receivable, less allowance for doubtful accounts (2020 – $2,154; 2019 – $3,711) 516,166 612,651
Other accounts receivable 61,522 67,551
Inventories 828,080 768,984
Other current assets 119,171 162,813
Total current assets 2,227,012 2,225,109
Property, plant and equipment, at cost 7,284,575 6,817,843
Less accumulated depreciation and amortization 2,041,851 1,908,370
Net property, plant and equipment 5,242,724 4,909,473
Investments 603,745 579,813
Other assets 211,534 213,061
Goodwill 1,603,049 1,578,785
Other intangibles, net of amortization 343,919 354,622
Total assets 10,231,983 9,860,863
Current liabilities:    
Accounts payable 465,644 574,138
Accrued expenses 477,510 576,297
Current portion of long-term debt 603,787 187,336
Dividends payable 40,787 38,764
Accrued expenses 18,013 23,137
Income taxes payable 25,011 32,461
Total current liabilities 1,612,739 1,408,996
Long-term debt 2,940,533 2,862,921
Postretirement benefits 49,926 50,899
Pension benefits 285,942 292,073
Other noncurrent liabilities 612,013 754,536
Deferred income taxes 405,449 397,858
Commitments and contingencies (Note 9)
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 106,457 in 2020 and 106,040 in 2019 1,065 1,061
Additional paid-in capital 1,410,534 1,383,446
Accumulated other comprehensive loss (398,467) (395,735)
Retained earnings 3,111,749 2,943,478
Total Albemarle Corporation shareholders’ equity 4,124,881 3,932,250
Noncontrolling interests 200,500 161,330
Total equity 4,325,381 4,093,580
Total liabilities and equity $ 10,231,983 $ 9,860,863