CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current Assets
Cash and cash equivalents	$ 358,849	$ 326,701
Accounts receivable (less allowance for doubtful accounts of $12,827 in 2018; $15,943 in 2017)	396,885	395,279
Inventories
Raw materials	103,820	97,577
Work-in-process	53,950	50,695
Finished goods	204,059	200,395
Inventories (Note 17)	361,829	348,667
Marketable Securities	0	179,125
Other current assets	120,236	123,836
Total Current Assets	1,237,799	1,373,608
Property, Plant and Equipment
Property, plant and equipment, net (Note 1)	478,801	477,031
Other Assets
Intangibles, net (Note 5)	147,946	127,452
Goodwill (Note 5)	281,294	234,582
Deferred income taxes	20,395	15,937
Other non-current assets	183,590	177,937
TOTAL ASSETS	2,349,825	2,406,547
Current Liabilities
Amounts due banks (Note 9)	0	2,020
Trade accounts payable	268,600	269,763
Accrued employee compensation and benefits	94,202	91,902
Dividends payable	29,867	25,608
Customer Advances	17,023	19,683
Other current liabilities	128,379	119,655
Current portion of long-term debt (Note 9)	111	111
Total Current Liabilities	538,182	528,742
Long-Term Liabilities
Long-term debt, less current portion (Note 9)	702,549	704,136
Deferred income taxes (Note 14)	45,985	40,716
Other long-term liabilities	175,517	200,500
Liabilities	1,462,233	1,474,094
Shareholders' Equity
Preferred shares, without par value – at stated capital amount; authorized – 5,000,000 shares; issued and outstanding – none	0	0
Common shares, without par value – at stated capital amount; authorized – 240,000,000 shares; issued – 98,581,434 shares in 2018 and 2017; outstanding – 63,545,878 shares in 2018 and 65,662,546 shares in 2017	9,858	9,858
Additional paid-in capital	360,308	334,309
Retained earnings	2,564,440	2,388,219
Accumulated other comprehensive loss	(293,739)	(247,186)
Treasury shares, at cost – 35,035,556 shares in 2018 and 32,918,888 shares in 2017	(1,753,925)	(1,553,563)
Total Shareholders' Equity	886,942	931,637
Noncontrolling interests	650	816
Total Equity	887,592	932,453
TOTAL LIABILITIES AND EQUITY	$ 2,349,825	$ 2,406,547

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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Balance Type:	credit
Period Type:	instant

- Definition

Amount 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, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.