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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Current Assets      
Cash and equivalents $ 380,107 $ 594,481 $ 526,724
Accounts receivable, net 624,477 970,083 676,119
Inventories 615,828 542,889 677,732
Prepaid expenses and other current assets 274,674 244,987 341,095
Total current assets 1,895,086 2,352,440 2,221,670
Noncurrent Assets      
Property, plant, and equipment, net 622,251 657,595 756,684
Right-of-use assets, net 327,419    
Goodwill 1,388,758 1,386,424 1,397,217
Other noncurrent assets 848,853 847,006 928,519
Total Assets 5,082,367 5,243,465 5,304,090
Current Liabilities      
Short-term borrowings 0 4,176 0
Accounts payable 324,949 537,965 398,360
Accrued liabilities 661,911 700,421 578,909
Income taxes payable 19,409 10,046 9,910
Total current liabilities 1,006,269 1,252,608 987,179
Noncurrent Liabilities      
Long-term debt 2,853,454 2,851,723 2,871,771
Noncurrent lease liabilities 294,812    
Other noncurrent liabilities 409,315 469,669 462,674
Total noncurrent liabilities 3,557,581 3,321,392 3,334,445
Stockholders’ Equity      
Common stock $1.00 par value, 1.0 billion shares authorized; 441.4 million shares issued 441,369 441,369 441,369
Additional paid-in capital 1,822,718 1,812,682 1,817,139
Treasury stock at cost: 95.9 million shares, 97.4 million shares, and 96.1 million shares, respectively (2,353,175) (2,354,617) (2,385,850)
Retained earnings 1,445,539 1,629,257 1,848,957
Accumulated other comprehensive loss (837,934) (859,226) (739,149)
Total stockholders’ equity (518,517) (669,465) (982,466)
Total Liabilities and Stockholders’ Equity $ 5,082,367 $ 5,243,465 $ 5,304,090