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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 569,859 $ 746,724
Trade accounts receivable, less allowance for doubtful accounts (2021 – $2,084; 2020 – $2,083) 532,964 530,838
Other accounts receivable 60,558 61,958
Inventories 685,779 750,237
Other current assets 93,844 116,427
Assets held for sale 66,390 0
Total current assets 2,009,394 2,206,184
Property, plant and equipment, at cost 7,433,593 7,427,641
Less accumulated depreciation and amortization 2,043,264 2,073,016
Net property, plant and equipment 5,390,329 5,354,625
Investments 663,448 656,244
Noncurrent assets held for sale 50,683 0
Other assets 212,258 219,268
Goodwill 1,629,169 1,665,520
Other intangibles, net of amortization 335,021 349,105
Total assets 10,290,302 10,450,946
Current liabilities:    
Accounts payable 492,532 483,221
Accrued expenses 378,973 440,763
Current portion of long-term debt 616 804,677
Dividends payable 45,327 40,937
Liabilities held for sale 4,068 0
Income taxes payable 31,740 32,251
Total current liabilities 953,256 1,801,849
Long-term debt 2,030,032 2,767,381
Postretirement benefits 47,817 48,075
Pension benefits 316,652 340,818
Other noncurrent liabilities 619,309 629,377
Deferred income taxes 380,683 394,852
Commitments and contingencies (Note 9)
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, issued and outstanding – 116,718 in 2021 and 106,842 in 2020 1,167 1,069
Additional paid-in capital 2,889,923 1,438,038
Accumulated other comprehensive loss (350,114) (326,132)
Retained earnings 3,205,408 3,155,252
Total Albemarle Corporation shareholders’ equity 5,746,384 4,268,227
Noncontrolling interests 196,169 200,367
Total equity 5,942,553 4,468,594
Total liabilities and equity $ 10,290,302 $ 10,450,946