Interim Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 323,585	$ 207,785
Trade accounts receivable, less allowances of $16,497 at March 31, 2020 and $17,009 at December 31, 2020	518,556	566,256
Inventories	292,110	274,285
Other current assets and prepaid expenses	66,614	61,321
Total current assets	1,200,865	1,109,647
Property, plant and equipment, net	742,651	748,657
Goodwill	536,895	535,979
Other intangible assets, net	205,695	206,242
Deferred tax assets, net	35,538	36,978
Other non-current assets	164,136	151,818
Total assets	2,885,780	2,789,321
Current liabilities:
Trade accounts payable	168,515	185,592
Accrued and other liabilities	158,089	166,118
Accrued compensation and related items	97,520	155,402
Deferred revenue and customer prepayments	144,836	122,489
Taxes payable	54,480	69,043
Short-term borrowings and current maturities of long-term debt	56,398	55,868
Total current liabilities	679,838	754,512
Long-term debt	1,513,020	1,235,350
Deferred Income Tax Liabilities, Net	44,901	45,267
Other non-current liabilities	341,624	333,412
Total liabilities	2,579,383	2,368,541
Commitments and contingencies (Note 15)
Shareholders' equity:
Preferred stock, $0.01 par value per share; authorized 10,000,000 shares	0	0
Common stock, $0.01 par value per share; authorized 125,000,000 shares; issued 44,786,011 and 44,786,011 shares; outstanding 23,907,528 and 24,125,317 shares at March 31, 2020 and December 31, 2019, respectively	448	448
Additional paid-in capital	788,266	783,871
Treasury stock at cost (20,878,483 shares at March 31, 2020 and 20,660,694 shares at December 31, 2019)	(4,729,799)	(4,539,154)
Retained earnings	4,595,183	4,499,288
Accumulated Other Comprehensive Income (Loss), Net of Tax	(347,701)	(323,673)
Total shareholders' equity	306,397	420,780
Total liabilities and shareholders' equity	$ 2,885,780	$ 2,789,321