Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,599,738	$ 1,499,142
Trade accounts receivable, less allowance for doubtful accounts (2023 – $3,008; 2022 – $2,534)	1,344,278	1,190,970
Other accounts receivable	426,780	185,819
Inventories	3,658,623	2,076,031
Other current assets	425,358	234,955
Total current assets	7,454,777	5,186,917
Property, plant and equipment, at cost	10,396,965	9,354,330
Less accumulated depreciation and amortization	2,542,424	2,391,333
Net property, plant and equipment	7,854,541	6,962,997
Investments	1,621,424	1,150,553
Other assets	269,694	250,558
Goodwill	1,634,823	1,617,627
Other intangibles, net of amortization	274,409	287,870
Total assets	19,109,668	15,456,522
Current liabilities:
Accrued expenses	672,807	505,894
Current portion of long-term debt	6,247	2,128
Dividends payable	46,654	46,116
Income taxes payable	513,339	134,876
Total current liabilities	4,291,513	2,741,015
Long-term debt	3,509,289	3,214,972
Postretirement benefits	32,792	32,751
Pension benefits	159,131	159,571
Other noncurrent liabilities	700,825	636,596
Deferred income taxes	328,078	480,770
Commitments and contingencies (Note 9)
Albemarle Corporation shareholders’ equity:
Common stock, $.01 par value, issued and outstanding – 117,340 in 2023 and 117,168 in 2022	1,174	1,172
Additional paid-in capital	2,936,036	2,940,840
Accumulated other comprehensive loss	(517,946)	(560,662)
Retained earnings	7,396,045	5,601,277
Total Albemarle Corporation shareholders’ equity	9,815,309	7,982,627
Noncontrolling interests	272,731	208,220
Total equity	10,088,040	8,190,847
Total liabilities and equity	19,109,668	15,456,522
Nonrelated Party
Current liabilities:
Accounts payable	1,960,068	1,533,624
Related Party
Current liabilities:
Accounts payable	$ 1,092,398	$ 518,377