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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 338,034 $ 406,867
Receivables, net 776,662 732,678
Inventories, net 553,037 510,033
Other current assets 69,483 67,502
Total current assets 1,737,216 1,717,080
Property, plant, and equipment, net 329,347 332,796
Goodwill 1,552,343 1,558,826
Other intangible assets, net 542,335 557,612
Operating Lease, Right-of-Use Asset 133,846 141,435
Prepaid pension asset 267,334 261,869
Other assets 49,661 51,351
Total assets 4,612,082 4,620,969
Current liabilities:    
Current portion of long-term debt 90,000 0
Accounts payable 233,818 243,833
Accrued expenses 158,089 188,039
Deferred revenue 297,545 303,872
Other current liabilities 78,823 70,800
Total current liabilities 858,275 806,544
Long-term debt 960,009 1,050,362
Deferred tax liabilities, net 128,000 132,319
Accrued pension and other postretirement benefit costs 67,446 66,875
Long-term operating lease liability 111,981 118,611
Long-term portion of environmental reserves 13,439 12,784
Other liabilities 92,753 105,061
Total liabilities 2,231,903 2,292,556
Stockholders' Equity    
Common stock, $1 par value,100,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 49,187,378 shares issued as of March 31, 2024 and December 31, 2023; outstanding shares were 38,315,999 as of March 31, 2024 and 38,202,754 as of December 31, 2023 49,187 49,187
Additional paid in capital 133,166 140,182
Retained earnings 3,556,572 3,487,751
Accumulated other comprehensive loss (228,255) (213,223)
Common treasury stock, at cost (10,871,379 shares as of March 31, 2024 and 10,984,624 shares as of December 31, 2023) (1,130,491) (1,135,484)
Total stockholders' equity 2,380,179 2,328,413
Total liabilities and stockholders' equity $ 4,612,082 $ 4,620,969