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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 930,596 $ 439,272
Trade accounts receivable, less allowance for doubtful accounts (2022 – $2,532; 2021 – $2,559) 962,215 556,922
Other accounts receivable 124,409 66,184
Inventories 1,216,213 812,920
Other current assets 116,671 132,683
Total current assets 3,350,104 2,007,981
Property, plant and equipment, at cost 8,465,403 8,074,746
Less accumulated depreciation and amortization 2,257,379 2,165,130
Net property, plant and equipment 6,208,024 5,909,616
Investments 903,861 897,708
Other assets 230,346 252,239
Goodwill 1,542,767 1,597,627
Other intangibles, net of amortization 285,303 308,947
Total assets 12,520,405 10,974,118
Current liabilities:    
Accounts payable 1,091,583 647,986
Accrued expenses 330,941 763,293
Current portion of long-term debt 251,304 389,920
Dividends payable 46,097 45,469
Income taxes payable 61,837 27,667
Total current liabilities 1,781,762 1,874,335
Long-term debt 3,205,730 2,004,319
Postretirement benefits 43,079 43,693
Pension benefits 205,890 229,187
Other noncurrent liabilities 591,021 663,698
Deferred income taxes 391,948 353,279
Commitments and contingencies (Note 10)
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 117,122 in 2022 and 117,015 in 2021 1,171 1,170
Additional paid-in capital 2,927,086 2,920,007
Accumulated other comprehensive loss (507,138) (392,450)
Retained earnings 3,664,172 3,096,539
Total Albemarle Corporation shareholders’ equity 6,085,291 5,625,266
Noncontrolling interests 215,684 180,341
Total equity 6,300,975 5,805,607
Total liabilities and equity $ 12,520,405 $ 10,974,118