Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 316,437	$ 123,524
Accounts receivable, net	357,902	375,982
Inventories
Raw materials and supplies	81,827	82,058
Work-in-process and finished goods	96,041	92,892
Prepaid expenses and other current assets	43,021	41,516
Total current assets	895,228	715,972
Property, plant and equipment, at cost	390,353	398,834
Less accumulated depreciation	(188,261)	(185,365)
Property, plant and equipment, net	202,092	213,469
Right of use lease assets	40,496	42,905
Goodwill	592,385	607,205
Other intangible assets, net	1,050,203	1,121,765
Investments in associated companies	84,089	93,822
Non-current deferred tax assets	14,706	14,745
Other non-current assets	41,352	40,433
Total assets	2,920,551	2,850,316
Current liabilities
Short-term borrowings and current portion of long-term debt	38,112	38,332
Accounts and other payables	177,976	170,929
Accrued compensation	24,819	45,620
Accrued restructuring	14,548	18,043
Other current liabilities	85,132	87,010
Total current liabilities	340,587	359,934
Long-term debt	1,076,292	882,437
Long-term lease liabilities	29,402	31,273
Non-current deferred tax liabilities	190,880	211,094
Other non-current liabilities	120,849	123,212
Total liabilities	1,758,010	1,607,950
Equity
Common stock $1 par value; authorized 30,000,000 shares; issued and outstanding 2020 - 17,752,255 shares; 2019 - 17,735,162 shares	17,752	17,735
Capital in excess of par value	888,533	888,218
Retained earnings	377,362	412,979
Accumulated other comprehensive loss	(121,524)	(78,170)
Total Quaker shareholders' equity	1,162,123	1,240,762
Noncontrolling interest	418	1,604
Total equity	1,162,541	1,242,366
Total liabilities and equity	$ 2,920,551	$ 2,850,316