CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 412,973	$ 375,950
Receivables, less allowance for doubtful accounts of $7,409 at March 31, 2018 and $7,764 at December 31, 2017	328,658	294,166
Inventories	283,876	259,724
Other current assets	43,781	74,203
Total current assets	1,069,288	1,004,043
Property, plant and equipment — net	267,130	258,350
Goodwill	1,722,768	1,704,158
Intangible assets — net	408,188	414,746
Other noncurrent assets	18,085	18,331
Total assets	3,485,459	3,399,628
Current liabilities
Trade accounts payable	157,291	147,067
Accrued expenses	158,156	184,705
Short-term borrowings	835	258
Dividends payable	0	28,945
Total current liabilities	316,282	360,975
Long-term borrowings	859,731	858,788
Deferred income taxes	131,646	137,638
Other noncurrent liabilities	160,915	155,685
Total liabilities	1,468,574	1,513,086
Commitments and contingencies
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: 90,124,036 shares at March 31, 2018 and 90,162,211 shares at December 31, 2017	902	902
Additional paid-in capital	722,844	716,906
Retained earnings	2,162,663	2,057,915
Treasury stock at cost: 13,240,743 shares at March 31, 2018 and 13,468,675 shares at December 31, 2017	(803,834)	(799,674)
Accumulated other comprehensive income (loss)	(65,690)	(89,507)
Total shareholders’ equity	2,016,885	1,886,542
Total liabilities and shareholders’ equity	$ 3,485,459	$ 3,399,628