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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,382,803 $ 439,272
Trade accounts receivable, less allowance for doubtful accounts (2022 – $2,495; 2021 – $2,559) 1,035,117 556,922
Other accounts receivable 135,709 66,184
Inventories 1,614,299 798,620
Other current assets 129,043 132,683
Total current assets 4,296,971 1,993,681
Property, plant and equipment, at cost 8,713,771 8,074,746
Less accumulated depreciation and amortization 2,288,664 2,165,130
Net property, plant and equipment 6,425,107 5,909,616
Investments 1,158,535 912,008
Other assets 217,057 252,239
Goodwill 1,467,848 1,597,627
Other intangibles, net of amortization 262,984 308,947
Total assets 13,828,502 10,974,118
Current liabilities:    
Accounts payable 1,651,866 647,986
Accrued expenses 385,327 763,293
Current portion of long-term debt 251,216 389,920
Dividends payable 46,098 45,469
Income taxes payable 153,444 27,667
Total current liabilities 2,487,951 1,874,335
Long-term debt 3,118,753 2,004,319
Postretirement benefits 42,681 43,693
Pension benefits 187,498 229,187
Other noncurrent liabilities 597,980 663,698
Deferred income taxes 429,012 353,279
Commitments and contingencies (Note 10)
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 117,145 in 2022 and 117,015 in 2021 1,171 1,170
Additional paid-in capital 2,933,659 2,920,007
Accumulated other comprehensive loss (717,309) (392,450)
Retained earnings 4,515,115 3,096,539
Total Albemarle Corporation shareholders’ equity 6,732,636 5,625,266
Noncontrolling interests 231,991 180,341
Total equity 6,964,627 5,805,607
Total liabilities and equity $ 13,828,502 $ 10,974,118