Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 322,497	$ 123,524
Accounts receivable, net	300,027	375,982
Inventories
Raw materials and supplies	80,331	82,058
Work-in-process and finished goods	93,536	92,892
Prepaid expenses and other current assets	52,847	41,516
Total current assets	849,238	715,972
Property, plant and equipment, at cost	384,960	398,834
Less accumulated depreciation	(196,547)	(185,365)
Property, plant and equipment, net	188,413	213,469
Right of use lease assets	40,517	42,905
Goodwill	604,649	607,205
Other intangible assets, net	1,044,516	1,121,765
Investments in associated companies	87,865	93,822
Deferred tax assets	12,362	14,745
Other non-current assets	43,966	40,433
Total assets	2,871,526	2,850,316
Current liabilities
Short-term borrowings and current portion of long-term debt	38,217	38,332
Accounts and other payables	130,334	170,929
Accrued compensation	22,689	45,620
Accrued restructuring	10,432	18,043
Other current liabilities	81,019	87,010
Total current liabilities	282,691	359,934
Long-term debt	1,070,306	882,437
Long-term lease liabilities	28,908	31,273
Deferred tax liabilities	196,669	211,094
Other non-current liabilities	125,611	123,212
Total liabilities	1,704,185	1,607,950
Equity
Common stock $1 par value; authorized 30,000,000 shares; issued and outstanding 2020 - 17,799,606 shares; 2019 - 17,735,162 shares	17,800	17,735
Capital in excess of par value	896,108	888,218
Retained earnings	362,265	412,979
Accumulated other comprehensive loss	(109,264)	(78,170)
Total Quaker shareholders' equity	1,166,909	1,240,762
Noncontrolling interest	432	1,604
Total equity	1,167,341	1,242,366
Total liabilities and equity	$ 2,871,526	$ 2,850,316