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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 157,757 $ 391,033
Receivables, net 630,626 632,194
Inventories, net 449,254 424,835
Other current assets 45,298 81,729
Total current assets 1,282,935 1,529,791
Property, plant, and equipment, net 384,175 385,593
Goodwill 1,175,685 1,166,680
Other intangible assets, net 487,097 479,907
Operating Lease, Right-of-Use Asset 161,429 165,490
Assets for Plan Benefits, Defined Benefit Plan 117,253 0
Other assets 22,820 36,800
Total assets 3,631,394 3,764,261
Current liabilities:    
Current portion of long-term debt and short-term debt 427 0
Accounts payable 171,200 222,000
Accrued expenses 112,532 164,744
Income taxes payable 3,918 7,670
Deferred revenue 251,512 276,115
Other current liabilities 89,468 74,202
Total current liabilities 629,057 744,731
Long-term debt 906,220 760,639
Deferred tax liabilities, net 88,792 80,159
Accrued pension and other postretirement benefit costs 89,600 138,635
Long-term operating lease liability 140,519 145,124
Long-term portion of environmental reserves 14,854 15,026
Other liabilities 92,515 105,575
Total liabilities 1,961,557 1,989,889
Stockholders' Equity    
Common stock, $1 par value,100,000,000 shares authorized as of March 31, 2020 and December 31, 2019; 49,187,378 shares issued as of March 31, 2020 and December 31, 2019; outstanding shares were 41,693,422 as of March 31, 2020 and 42,680,215 as of December 31, 2019 49,187 49,187
Additional paid in capital 114,911 116,070
Retained earnings 2,541,777 2,497,111
Accumulated other comprehensive loss (370,868) (325,274)
Common treasury stock, at cost (7,493,956 shares as of March 31, 2020 and 6,507,163 shares as of December 31, 2019) (665,170) (562,722)
Total stockholders' equity 1,669,837 1,774,372
Total liabilities and stockholders' equity $ 3,631,394 $ 3,764,261