CONSOLIDATED BALANCE SHEET - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current Assets:
Cash and cash equivalents	$ 634,897,000	$ 368,046,000
Restricted cash	13,625,000	0
Receivables:
Trade	946,938,000	677,055,000
Allowance for doubtful accounts	(9,173,000)	(13,392,000)
Inventories	1,078,537,000	649,448,000
Prepaid expenses and other current assets	277,036,000	215,387,000
Total Current Assets	2,941,860,000	1,896,544,000
Property, plant and equipment, net	1,241,152,000	880,580,000
Goodwill	5,378,388,000	1,156,288,000
Other intangible assets, net	3,039,322,000	415,787,000
Other assets	288,673,000	249,727,000
Total Assets	12,889,395,000	4,598,926,000
Current Liabilities:
Bank borrowings, overdrafts and current portion of long-term debt	48,642,000	6,966,000
Accounts payable	471,382,000	338,188,000
Dividends payable	77,779,000	54,420,000
Other current liabilities	530,508,000	369,194,000
Total Current Liabilities	1,128,311,000	768,768,000
Other Liabilities:
Long-term debt	4,504,417,000	1,632,186,000
Deferred gains	31,366,000	37,344,000
Retirement liabilities	227,172,000	228,936,000
Deferred income taxes	655,879,000	51,104,000
Other liabilities	217,070,000	191,294,000
Total Other Liabilities	5,635,904,000	2,140,864,000
Commitments and Contingencies (Note 20)
Redeemable non-controlling interests	81,806,000	0
Shareholders’ Equity:
Common stock 12 1/2¢ par value; 500,000,000 shares authorized; 128,526,137 and 115,858,190 shares issued as of December 31, 2018 and December 31, 2017, respectively; and 106,619,202 and 78,947,381 shares outstanding as of December 31, 2018 and December 31, 2017, respectively	16,066,000	14,470,000
Capital in excess of par value	3,793,609,000	162,827,000
Retained earnings	3,956,221,000	3,870,621,000
Accumulated other comprehensive loss:
Cumulative translation adjustments	(396,996,000)	(297,416,000)
Accumulated gains (losses) on derivatives qualifying as hedges	4,746,000	(10,332,000)
Pension and postretirement liability adjustment	(309,977,000)	(329,734,000)
Treasury stock, at cost (21,906,935 and 36,910,809 shares as of December 31, 2018 and December 31, 2017, respectively)	(1,030,718,000)	(1,726,234,000)
Total Shareholders’ Equity	6,032,951,000	1,684,202,000
Noncontrolling interests	10,423,000	5,092,000
Total Shareholders’ Equity including noncontrolling interests	6,043,374,000	1,689,294,000
Total Liabilities and Shareholders’ Equity	$ 12,889,395,000	$ 4,598,926,000

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amounts due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer) for goods or services (including trade receivables) that have been delivered or sold in the normal course of business.