Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 363,804	$ 304,252
Accounts receivable, net	1,155,327	1,103,724
Inventories, net	1,060,670	1,086,663
Deferred taxes	157,448	151,093
Prepaid expense and other	110,133	94,484
Total current assets	2,847,382	2,740,216
Property, plant and equipment, net	716,289	654,179
Goodwill	1,107,551	1,053,852
Deferred taxes	19,533	26,706
Other intangible assets, net	160,548	150,075
Other assets, net	185,430	185,930
Total assets	5,036,733	4,810,958
Current liabilities:
Accounts payable	612,092	616,900
Accrued liabilities	861,010	906,593
Debt due within one year	72,678	59,478
Deferred taxes	12,319	7,654
Total current liabilities	1,558,099	1,590,625
Long-term debt due after one year	1,127,619	869,116
Retirement obligations and other liabilities	473,894	456,742
Commitments and contingencies (See Note 13)
Shareholders' equity:
Common shares, $1.25 par value, Shares authorized - 305,000, Shares issued - 176,793 and 176,793, respectively	220,991	220,991
Capital in excess of par value	476,218	467,856
Retained earnings	2,985,391	2,579,308
Treasury shares, at cost — 39,630 and 32,389 shares, respectively	(1,600,266)	(1,164,496)
Deferred compensation obligation	9,522	10,870
Accumulated other comprehensive loss	(221,477)	(224,310)
Total Flowserve Corporation shareholders' equity	1,870,379	1,890,219
Noncontrolling interest	6,742	4,256
Total equity	1,877,121	1,894,475
Total liabilities and equity	$ 5,036,733	$ 4,810,958