CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 1,025,851	$ 632,581
Receivables - net	293,146	298,186
Inventories	289,910	293,467
Other current assets	48,324	37,211
Total current assets	1,657,231	1,261,445
Property, plant and equipment - net	298,273	280,316
Goodwill	1,895,574	1,779,745
Intangible assets - net	415,563	388,031
Other noncurrent assets	147,757	104,375
Total assets	4,414,398	3,813,912
Current liabilities
Trade accounts payable	151,993	138,463
Accrued expenses	208,828	180,290
Short-term borrowings	88	388
Dividends payable	38,149	38,736
Total current liabilities	399,058	357,877
Long-term borrowings	1,044,354	848,864
Deferred income taxes	163,863	146,574
Other noncurrent liabilities	266,797	197,368
Total liabilities	1,874,072	1,550,683
Commitments and contingencies (Note 11)
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: 90,071,763 shares at December 31, 2020 and 89,948,374 shares at December 31, 2019	901	899
Additional paid-in capital	775,153	760,453
Retained earnings	2,841,546	2,615,131
Treasury stock at cost: 14,111,221 shares at December 31, 2020 and 13,860,340 shares at December 31, 2019	(1,063,872)	(985,909)
Accumulated other comprehensive income (loss)	(13,525)	(127,345)
Total shareholders’ equity	2,540,203	2,263,229
Noncontrolling Interest	123	0
Total equity	2,540,326	2,263,229
Total liabilities and equity	$ 4,414,398	$ 3,813,912