CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 632,581	$ 466,407
Receivables - net	298,186	312,192
Inventories	293,467	279,995
Other current assets	37,211	33,938
Total current assets	1,261,445	1,092,532
Property, plant and equipment - net	280,316	281,220
Goodwill	1,779,745	1,697,955
Intangible assets - net	388,031	383,327
Other noncurrent assets	104,375	18,823
Total assets	3,813,912	3,473,857
Current liabilities
Trade accounts payable	138,463	143,196
Accrued expenses	180,290	187,536
Short-term borrowings	388	483
Dividends payable	38,736	33,446
Total current liabilities	357,877	364,661
Long-term borrowings	848,864	848,335
Deferred income taxes	146,574	128,007
Other noncurrent liabilities	197,368	138,214
Total liabilities	1,550,683	1,479,217
Commitments and contingencies (Note 10)
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: 89,948,374 shares at December 31, 2019 and 90,112,028 shares at December 31, 2018	899	901
Additional paid-in capital	760,453	738,339
Retained earnings	2,615,131	2,342,079
Treasury stock at cost: 13,860,340 shares at December 31, 2019 and 14,159,251 shares at December 31, 2018	(985,909)	(957,454)
Accumulated other comprehensive loss	(127,345)	(129,225)
Total shareholders’ equity	2,263,229	1,994,640
Total liabilities and shareholders’ equity	$ 3,813,912	$ 3,473,857