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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 433,246 $ 606,823
Restricted cash 9,699 17,122
Trade receivables (net of allowances of $18,728 and $16,428, respectively) 943,114 876,197
Inventories:    
Raw materials 553,433 565,071
Work in process 48,297 44,532
Finished goods 474,183 513,465
Total Inventories 1,075,913 1,123,068
Prepaid expenses and other current assets 356,322 319,334
Total Current Assets 2,818,294 2,942,544
Property, plant and equipment, at cost 2,632,441 2,690,768
Accumulated depreciation (1,293,317) (1,303,848)
Total Property Plant and Equipment 1,339,124 1,386,920
Goodwill 5,267,559 5,497,596
Other intangible assets, net 2,677,446 2,851,935
Other assets 586,653 608,416
Total Assets 12,689,076 13,287,411
Current Liabilities:    
Bank borrowings, overdrafts, and current portion of long-term debt 385,569 384,958
Accounts payable 456,156 510,372
Accrued payroll and bonus 87,083 102,704
Dividends payable 80,062 80,038
Other current liabilities 418,125 474,118
Total Current Liabilities 1,426,995 1,552,190
Long-term debt 3,946,905 3,997,438
Retirement liabilities 261,512 265,370
Deferred income taxes 616,084 641,456
Other liabilities 494,193 502,366
Total Other Liabilities 5,318,694 5,406,630
Commitments and Contingencies
Redeemable noncontrolling interests 102,713 99,043
Shareholders' Equity:    
Common stock 12 1/2¢ par value; 500,000,000 shares authorized; 128,526,137 shares issued as of March 31, 2020 and December 31, 2019; and 106,812,257 and 106,787,299 shares outstanding as of March 31, 2020 and December 31, 2019, respectively 16,066 16,066
Capital in excess of par value 3,835,265 3,823,152
Retained earnings 4,162,347 4,117,804
Accumulated other comprehensive loss (1,164,208) (716,894)
Treasury stock, at cost (21,713,880 and 21,738,838 shares as of March 31, 2020 and December 31, 2019, respectively) (1,021,620) (1,022,824)
Total Shareholders’ Equity 5,827,850 6,217,304
Noncontrolling interest 12,824 12,244
Total Shareholders’ Equity including Noncontrolling interest 5,840,674 6,229,548
Total Liabilities and Shareholders’ Equity $ 12,689,076 $ 13,287,411