CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 235,964	$ 328,018
Receivables — net	272,813	260,000
Inventories	252,859	239,124
Other current assets	61,085	35,542
Total current assets	822,721	862,684
Property, plant and equipment — net	247,816	240,945
Goodwill	1,632,592	1,396,529
Intangible assets — net	435,504	287,837
Other noncurrent assets	16,311	17,448
Total assets	3,154,944	2,805,443
Current liabilities
Trade accounts payable	128,933	128,911
Accrued expenses	152,852	153,672
Short-term borrowings	1,046	1,087
Dividends payable	26,327	25,927
Total current liabilities	309,158	309,597
Long-term borrowings	1,014,235	839,707
Deferred income taxes	166,427	110,483
Other noncurrent liabilities	121,230	102,365
Total liabilities	1,611,050	1,362,152
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: 90,200,951 shares at December 31, 2016 and 90,151,131 shares at December 31, 2015	902	902
Additional paid-in capital	697,213	679,623
Retained earnings	1,834,739	1,666,680
Treasury stock at cost: 13,760,266 shares at December 31, 2016 and 13,616,592 shares at December 31, 2015	(787,307)	(757,416)
Accumulated other comprehensive loss	(201,653)	(146,498)
Total shareholders’ equity	1,543,894	1,443,291
Total liabilities and shareholders’ equity	$ 3,154,944	$ 2,805,443