Interim Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 116,949	$ 98,564
Trade accounts receivable, less allowances of $16,571 at March 31, 2019 and $15,469 at December 31, 2018	617,880	647,335
Inventories	446,490	414,543
Other current assets and prepaid expenses	128,567	108,916
Total current assets	1,309,886	1,269,358
Property, plant and equipment, net	787,472	799,365
Goodwill	650,118	648,622
Other intangible assets, net	305,079	307,450
Deferred Income Tax Assets, Net	38,920	39,496
Other non-current assets	264,708	262,507
Total assets	3,356,183	3,326,798
Current liabilities:
Trade accounts payable	259,352	272,911
Accrued and other liabilities	214,558	208,811
Accrued compensation and related items	143,632	236,265
Deferred revenue and customer prepayments	215,680	192,648
Taxes payable	148,929	134,769
Short-term borrowings and current maturities of long-term debt	105,262	101,134
Total current liabilities	1,087,413	1,146,538
Long-term debt	1,766,832	1,580,808
Non-current deferred tax liabilities	65,174	62,230
Other non-current liabilities	352,194	365,801
Total liabilities	3,271,613	3,155,377
Commitments and Contingencies
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 24,803,286 and 24,921,963 shares at March 31, 2019 and December 31, 2018, respectively	448	448
Additional paid-in capital	831,503	825,974
Treasury stock at cost (19,982,725 shares at March 31, 2019 and 19,864,048 shares at December 31, 2018)	(6,527,380)	(6,259,049)
Retained earnings	6,030,873	5,859,272
Accumulated Other Comprehensive Income (Loss), Net of Tax	(250,874)	(255,224)
Total shareholders' equity	84,570	171,421
Total liabilities and shareholders' equity	3,356,183	3,326,798
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 116,949	$ 98,564