Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,601,668	$ 1,499,142
Trade accounts receivable, less allowance for doubtful accounts (2023 – $2,992; 2022 – $2,534)	1,179,012	1,190,970
Other accounts receivable	528,744	185,819
Inventories	3,404,212	2,076,031
Other current assets	411,926	234,955
Total current assets	7,125,562	5,186,917
Property, plant and equipment, at cost	10,929,150	9,354,330
Less accumulated depreciation and amortization	2,620,535	2,391,333
Net property, plant and equipment	8,308,615	6,962,997
Investments	1,254,041	1,150,553
Other assets	328,518	250,558
Goodwill	1,606,077	1,617,627
Other intangibles, net of amortization	260,541	287,870
Total assets	18,883,354	15,456,522
Current liabilities:
Accrued expenses	689,106	505,894
Current portion of long-term debt	162,351	2,128
Dividends payable	46,661	46,116
Income taxes payable	436,238	134,876
Total current liabilities	3,941,612	2,741,015
Long-term debt	3,495,971	3,214,972
Postretirement benefits	32,797	32,751
Pension benefits	153,955	159,571
Other noncurrent liabilities	807,051	636,596
Deferred income taxes	289,529	480,770
Commitments and contingencies (Note 9)
Albemarle Corporation shareholders’ equity:
Common stock, $.01 par value, issued and outstanding – 117,352 in 2023 and 117,168 in 2022	1,174	1,172
Additional paid-in capital	2,945,975	2,940,840
Accumulated other comprehensive loss	(700,972)	(560,662)
Retained earnings	7,651,638	5,601,277
Total Albemarle Corporation shareholders’ equity	9,897,815	7,982,627
Noncontrolling interests	264,624	208,220
Total equity	10,162,439	8,190,847
Total liabilities and equity	18,883,354	15,456,522
Nonrelated Party
Current liabilities:
Accounts payable	1,812,168	1,533,624
Related Party
Current liabilities:
Accounts payable	$ 795,088	$ 518,377