CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 543,189	$ 466,407
Receivables, less allowance for doubtful accounts of $6,778 at June 30, 2019 and $6,709 at December 31, 2018	326,358	312,192
Inventories	301,006	279,995
Other current assets	46,329	33,938
Total current assets	1,216,882	1,092,532
Property, plant and equipment - net	275,025	281,220
Goodwill	1,697,332	1,697,955
Intangible assets - net	365,741	383,327
Other noncurrent assets	85,235	18,823
Total assets	3,640,215	3,473,857
Current liabilities
Trade accounts payable	160,579	143,196
Accrued expenses	162,838	187,536
Short-term borrowings	452	483
Dividends payable	37,922	33,446
Total current liabilities	361,791	364,661
Long-term borrowings	848,555	848,335
Deferred income taxes	140,147	128,007
Other noncurrent liabilities	177,681	138,214
Total liabilities	1,528,174	1,479,217
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: 89,957,990 shares at June 30, 2019 and 90,112,028 shares at December 31, 2018	900	901
Additional paid-in capital	749,009	738,339
Retained earnings	2,489,911	2,342,079
Treasury stock at cost: 14,114,329 shares at June 30, 2019 and 14,159,251 shares at December 31, 2018	(1,002,870)	(957,454)
Accumulated other comprehensive income (loss)	(124,909)	(129,225)
Total shareholders’ equity	2,112,041	1,994,640
Total liabilities and shareholders’ equity	$ 3,640,215	$ 3,473,857