Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 202,348	$ 165,176
Accounts receivable, net	465,352	430,676
Inventories
Raw materials and supplies	163,055	129,382
Work-in-process and finished goods	150,387	135,149
Prepaid expenses and other current assets	64,674	59,871
Total current assets	1,045,816	920,254
Property, plant and equipment, at cost	432,068	434,344
Less accumulated depreciation	(239,571)	(236,824)
Property, plant and equipment, net	192,497	197,520
Right of use lease assets	36,317	36,635
Goodwill	610,167	631,194
Other intangible assets, net	962,580	1,027,782
Investments in associated companies	83,678	95,278
Deferred tax assets	10,897	16,138
Other non-current assets	28,804	30,959
Total assets	2,970,756	2,955,760
Current liabilities
Short-term borrowings and current portion of long-term debt	14,485	56,935
Accounts payable	246,345	226,656
Dividends payable	7,437	7,427
Accrued compensation	29,359	38,197
Accrued restructuring	3,812	4,087
Accrued pension and postretirement benefits	1,541	1,548
Other accrued liabilities	97,746	95,617
Total current liabilities	400,725	430,467
Long-term debt	972,369	836,412
Long-term lease liabilities	25,695	26,335
Deferred tax liabilities	156,468	179,025
Non-current accrued pension and postretirement benefits	42,755	45,984
Other non-current liabilities	42,178	49,615
Total liabilities	1,640,190	1,567,838
Equity
Common stock, $1 par value; authorized 30,000,000 shares; issued and outstanding 2022 - 17,919,750 shares; 2021 - 17,897,033 shares	17,920	17,897
Capital in excess of par value	921,642	917,053
Retained earnings	535,621	516,334
Accumulated other comprehensive loss	(145,246)	(63,990)
Total Quaker shareholders' equity	1,329,937	1,387,294
Noncontrolling interest	629	628
Total equity	1,330,566	1,387,922
Total liabilities and equity	$ 2,970,756	$ 2,955,760