Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 541,423	$ 391,332
Notes receivable	10,159	535
Accounts receivable, less allowances of $10,349 at 2020 and $8,109 at 2019	514,218	544,257
Inventories:
Finished goods	323,131	326,839
Work in process	27,719	28,250
Raw materials and supplies	114,311	109,132
Total inventories	465,161	464,221
Other current assets	47,923	52,635
Total current assets	1,578,884	1,452,980
Property, plant and equipment:
Land and land improvements	51,624	53,516
Buildings	343,861	344,142
Machinery and equipment	2,031,676	2,042,578
Molds, cores and rings	258,583	262,444
Total property, plant and equipment	2,685,744	2,702,680
Less: Accumulated depreciation	1,676,283	1,655,438
Property, plant and equipment, net	1,009,461	1,047,242
Operating lease right-of-use assets, net of accumulated amortization of $38,117 at 2020 and $26,121 at 2019	78,548	80,752
Goodwill	18,851	18,851
Intangibles, net of accumulated amortization of $133,370 at 2020 and $123,735 at 2019	104,651	111,356
Deferred income tax assets	31,574	29,336
Investment in joint venture	48,605	48,912
Other assets	10,329	12,909
Total assets	2,880,903	2,802,338
Current liabilities:
Short-term borrowings	244,745	12,296
Accounts payable	244,470	276,732
Accrued liabilities	242,629	302,477
Income taxes payable	2,574	2,304
Current portion of long-term debt and finance leases	21,696	10,265
Total current liabilities	756,114	604,074
Long-term debt and finance leases	324,610	309,148
Noncurrent operating leases	56,152	55,371
Postretirement benefits other than pensions	227,623	227,216
Pension benefits	140,307	126,707
Other long-term liabilities	178,510	149,065
Deferred income tax liabilities	116	3,024
Equity:
Preferred stock, $1 par value; 5,000,000 shares authorized; none issued	0	0
Common stock, $1 par value; 300,000,000 shares authorized; 87,850,292 shares issued at 2020 and 2019	87,850	87,850
Capital in excess of par value	16,933	22,175
Retained earnings	2,496,560	2,524,963
Accumulated other comprehensive loss	(501,155)	(447,580)
Parent stockholders' equity before treasury stock	2,100,188	2,187,408
Less: Common shares in treasury at cost (37,567,907 at 2020 and 37,647,058 at 2019)	(921,406)	(922,783)
Total parent stockholders' equity	1,178,782	1,264,625
Noncontrolling shareholders' interests in consolidated subsidiaries	18,689	63,108
Total equity	1,197,471	1,327,733
Total liabilities and equity	$ 2,880,903	$ 2,802,338