CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents	$ 328,018	$ 509,137
Receivables — net	260,000	256,040
Inventories	239,124	237,631
Other current assets	35,542	72,983
Total current assets	862,684	1,075,791
Property, plant and equipment — net	240,945	219,543
Goodwill	1,396,529	1,321,277
Intangible assets — net	287,837	271,164
Other noncurrent assets	17,448	15,688
Total assets	2,805,443	2,903,463
Current liabilities
Trade accounts payable	128,911	127,462
Accrued expenses	153,672	163,409
Short-term borrowings	1,087	98,946
Dividends payable	25,927	22,151
Total current liabilities	309,597	411,968
Long-term borrowings	839,707	760,399
Deferred income taxes	110,483	130,368
Other noncurrent liabilities	102,365	114,277
Total liabilities	$ 1,362,152	$ 1,417,012
Commitments and contingencies (Note 8)
Preferred stock:
Authorized: 5,000,000 shares, $.01 per share par value; Issued: none	$ 0	$ 0
Common stock:
Authorized: 150,000,000 shares, $.01 per share par value; Issued: 90,151,131 shares at December 31, 2015 and 89,761,305 shares at December 31, 2014	902	898
Additional paid-in capital	679,623	647,553
Retained earnings	1,666,680	1,483,821
Treasury stock at cost: 13,616,592 shares at December 31, 2015 and 10,995,361 shares at December 31, 2014	(757,416)	(553,543)
Accumulated other comprehensive loss	(146,498)	(92,278)
Total shareholders’ equity	1,443,291	1,486,451
Total liabilities and shareholders’ equity	$ 2,805,443	$ 2,903,463