Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 619,874	$ 694,133
Short-term investments	158,476	108,822
Accounts receivable, net of allowances for credit losses of $1,697 and $1,095, respectively	338,632	328,187
Inventories:
Finished goods	120,792	122,466
Work in process	201,259	187,354
Raw materials	126,200	121,860
Total inventories	448,251	431,680
Prepaid expenses and other current assets	132,103	141,294
Total current assets	1,697,336	1,704,116
Property and equipment, at cost:
Land	76,231	75,011
Buildings and improvements	641,041	585,064
Machinery and equipment	2,732,771	2,606,355
Construction in progress	86,520	110,722
Allowance for depreciation	(2,593,398)	(2,425,627)
Property and equipment, net	943,165	951,525
Right of use assets	102,440	93,162
Goodwill	158,183	150,642
Other intangible assets, net	66,795	60,659
Other assets	186,554	160,671
Total assets	3,154,473	3,120,775
Current liabilities:
Notes payable to banks	0	2
Trade accounts payable	196,203	173,915
Payroll and related expenses	141,034	122,100
Lease liabilities	22,074	20,217
Other accrued expenses	182,642	186,463
Income taxes	20,470	17,731
Total current liabilities	562,423	520,428
Long-term debt, less current portion	394,886	499,147
U.S. transition tax payable	125,438	140,196
Deferred income taxes	1,852	22,021
Long-term lease liabilities	86,220	78,511
Other liabilities	104,356	100,207
Accrued pension and other postretirement costs	300,113	272,402
Total liabilities	1,575,288	1,632,912
Commitments and contingencies
Redeemable convertible debentures	170	174
Vishay stockholders' equity
Preferred stock, par value $1.00 per share: authorized - 1,000,000 shares; none issued	0	0
Common stock, par value $0.10 per share: authorized - 300,000,000 shares; 132,561,010 and 132,348,357 shares outstanding	13,256	13,235
Class B convertible common stock, par value $0.10 per share: authorized - 40,000,000 shares; 12,097,148 and 12,097,409 shares outstanding	1,210	1,210
Capital in excess of par value	1,409,200	1,425,170
Retained earnings	138,990	72,180
Accumulated other comprehensive income (loss)	13,559	(26,646)
Total Vishay stockholders' equity	1,576,215	1,485,149
Noncontrolling interests	2,800	2,540
Total equity	1,579,015	1,487,689
Total liabilities, temporary equity, and equity	$ 3,154,473	$ 3,120,775