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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 958,142 $ 1,025,851
Receivables, less allowance for doubtful accounts of $5,653 at March 31, 2021 and $6,091 at December 31, 2020 341,793 293,146
Inventories 304,636 289,910
Other current assets 46,573 48,324
Total current assets 1,651,144 1,657,231
Property, plant and equipment - net 302,805 298,273
Goodwill 1,928,665 1,895,574
Intangible assets - net 441,640 415,563
Other noncurrent assets 136,477 147,757
Total assets 4,460,731 4,414,398
Current liabilities    
Trade accounts payable 171,379 151,993
Accrued expenses 206,088 208,828
Short-term borrowings 46 88
Dividends payable 0 38,149
Total current liabilities 377,513 399,058
Long-term borrowings 1,044,589 1,044,354
Deferred income taxes 173,244 163,863
Other noncurrent liabilities 255,370 266,797
Total liabilities 1,850,716 1,874,072
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: 90,071,924 shares at March 31, 2021 and 90,071,763 shares at December 31, 2020 901 901
Additional paid-in capital 781,427 775,153
Retained earnings 2,954,254 2,841,546
Treasury stock at cost: 14,032,706 shares at March 31, 2021 and 14,111,221 shares at December 31, 2020 (1,066,101) (1,063,872)
Accumulated other comprehensive income (loss) (60,555) (13,525)
Total shareholders’ equity 2,609,926 2,540,203
Noncontrolling interest 89 123
Total equity 2,610,015 2,540,326
Total liabilities and equity $ 4,460,731 $ 4,414,398