Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 138,891	$ 165,176
Accounts receivable, net	461,912	430,676
Inventories
Raw materials and supplies	165,280	129,382
Work-in-process and finished goods	151,860	135,149
Prepaid expenses and other current assets	66,760	59,871
Total current assets	984,703	920,254
Property, plant and equipment, at cost	425,650	434,344
Less accumulated depreciation	(237,276)	(236,824)
Property, plant and equipment, net	188,374	197,520
Right of use lease assets	37,005	36,635
Goodwill	591,032	631,194
Other intangible assets, net	915,956	1,027,782
Investments in associated companies	76,748	95,278
Deferred tax assets	10,519	16,138
Other non-current assets	27,163	30,959
Total assets	2,831,500	2,955,760
Current liabilities
Short-term borrowings and current portion of long-term debt	20,471	56,935
Accounts payable	209,343	226,656
Dividends payable	7,800	7,427
Accrued compensation	32,993	38,197
Accrued restructuring	1,798	4,087
Accrued pension and postretirement benefits	1,536	1,548
Other accrued liabilities	91,790	95,617
Total current liabilities	365,731	430,467
Long-term debt	931,491	836,412
Long-term lease liabilities	25,697	26,335
Deferred tax liabilities	151,208	179,025
Non-current accrued pension and postretirement benefits	38,222	45,984
Other non-current liabilities	39,521	49,615
Total liabilities	1,551,870	1,567,838
Equity
Common stock, $1 par value; authorized 30,000,000 shares; issued and outstanding 2022 - 17,931,205 shares; 2021 - 17,897,033 shares	17,931	17,897
Capital in excess of par value	925,037	917,053
Retained earnings	553,685	516,334
Accumulated other comprehensive loss	(217,655)	(63,990)
Total Quaker shareholders' equity	1,278,998	1,387,294
Noncontrolling interest	632	628
Total equity	1,279,630	1,387,922
Total liabilities and equity	$ 2,831,500	$ 2,955,760