CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current Assets:
Cash and cash equivalents	$ 497,412	$ 606,823
Restricted cash	10,122	17,122
Trade receivables (net of allowances of $21,056 and $16,428, respectively)	961,568	876,197
Inventories:
Raw materials	600,747	565,071
Work in process	49,204	44,532
Finished goods	515,909	513,465
Total Inventories	1,165,860	1,123,068
Prepaid expenses and other current assets	377,623	319,334
Total Current Assets	3,012,585	2,942,544
Property, plant and equipment, at cost	2,698,097	2,690,768
Accumulated depreciation	(1,342,478)	(1,303,848)
Total Property Plant and Equipment	1,355,619	1,386,920
Goodwill	5,348,623	5,497,596
Other intangible assets, net	2,681,087	2,851,935
Other assets	591,216	608,416
Total Assets	12,989,130	13,287,411
Current Liabilities:
Bank borrowings, overdrafts, and current portion of long-term debt	185,200	384,958
Accounts payable	550,533	510,372
Accrued payroll and bonus	89,375	102,704
Dividends payable	80,173	80,038
Other current liabilities	438,891	474,118
Total Current Liabilities	1,344,172	1,552,190
Long-term debt	4,181,701	3,997,438
Retirement liabilities	257,691	265,370
Deferred income taxes	611,715	641,456
Other liabilities	494,401	502,366
Total Other Liabilities	5,545,508	5,406,630
Commitments and Contingencies
Redeemable noncontrolling interests	98,534	99,043
Shareholders' Equity:
Common stock 12 1/2¢ par value; 500,000,000 shares authorized; 128,526,137 shares issued as of June 30, 2020 and December 31, 2019; and 106,932,040 and 106,787,299 shares outstanding as of June 30, 2020 and December 31, 2019, respectively	16,066	16,066
Capital in excess of par value	3,838,047	3,823,152
Retained earnings	4,168,378	4,117,804
Accumulated other comprehensive loss	(1,017,466)	(716,894)
Treasury stock, at cost (21,594,097 and 21,738,838 shares as of June 30, 2020 and December 31, 2019, respectively)	(1,017,220)	(1,022,824)
Total Shareholders’ Equity	5,987,805	6,217,304
Noncontrolling interest	13,111	12,244
Total Shareholders’ Equity including Noncontrolling interest	6,000,916	6,229,548
Total Liabilities and Shareholders’ Equity	$ 12,989,130	$ 13,287,411