CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 515,985	$ 466,407
Receivables, less allowance for doubtful accounts of $6,311 at September 30, 2019 and $6,709 at December 31, 2018	317,305	312,192
Inventories	303,494	279,995
Other current assets	53,840	33,938
Total current assets	1,190,624	1,092,532
Property, plant and equipment - net	273,330	281,220
Goodwill	1,774,390	1,697,955
Intangible assets - net	390,908	383,327
Other noncurrent assets	84,643	18,823
Total assets	3,713,895	3,473,857
Current liabilities
Trade accounts payable	147,079	143,196
Accrued expenses	185,156	187,536
Short-term borrowings	417	483
Dividends payable	38,018	33,446
Total current liabilities	370,670	364,661
Long-term borrowings	848,728	848,335
Deferred income taxes	162,017	128,007
Other noncurrent liabilities	169,427	138,214
Total liabilities	1,550,842	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: 89,935,175 shares at September 30, 2019 and 90,112,028 shares at December 31, 2018	899	901
Additional paid-in capital	754,702	738,339
Retained earnings	2,556,423	2,342,079
Treasury stock at cost: 13,898,506 shares at September 30, 2019 and 14,159,251 shares at December 31, 2018	(989,110)	(957,454)
Accumulated other comprehensive income (loss)	(159,861)	(129,225)
Total shareholders’ equity	2,163,053	1,994,640
Total liabilities and shareholders’ equity	$ 3,713,895	$ 3,473,857