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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 234,416 $ 198,248
Receivables, net 670,867 588,718
Inventories, net 433,140 428,879
Assets held for sale 20,215 27,584
Other current assets 65,171 57,395
Total current assets 1,423,809 1,300,824
Property, plant, and equipment, net 360,314 378,200
Goodwill 1,461,313 1,455,137
Other intangible assets, net 552,514 609,630
Operating lease right-of-use assets, net 140,524 150,898
Prepaid pension asset 111,906 92,531
Other assets 32,921 34,114
Total assets 4,083,301 4,021,334
Current liabilities:    
Current portion of long-term debt 100,000 100,000
Accounts payable 158,196 201,237
Accrued expenses 142,169 146,833
Deferred revenue 249,671 253,411
Liabilities held for sale 13,215 10,141
Other current liabilities 101,892 98,755
Total current liabilities 765,143 810,377
Long-term debt 957,101 958,292
Deferred tax liabilities, net 121,491 115,007
Accrued pension and other postretirement benefit costs 98,122 98,345
Long-term operating lease liability 124,362 133,069
Long-term portion of environmental reserves 15,096 15,422
Other liabilities 101,926 103,248
Total liabilities 2,183,241 2,233,760
Stockholders' Equity    
Common stock, $1 par value, 100,000,000 shares authorized as of September 30, 2021 and December 31, 2020; 49,187,378 shares issued as of September 30, 2021 and December 31, 2020; outstanding shares were 40,473,516 as of September 30, 2021 and 40,916,429 as of December 31, 2020 49,187 49,187
Additional paid in capital 124,532 122,535
Retained earnings 2,839,294 2,670,328
Accumulated other comprehensive loss (308,810) (310,856)
Common treasury stock, at cost (8,713,862 shares as of September 30, 2021 and 8,270,949 shares as of December 31, 2020) (804,143) (743,620)
Total stockholders’ equity 1,900,060 1,787,574
Total liabilities and stockholders’ equity $ 4,083,301 $ 4,021,334