CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 29, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 406,477	$ 301,083
Accounts receivable, net	441,714	418,673
Inventories	488,856	476,557
Prepaid expenses and other current assets	101,606	97,943
Prepaid taxes	8,133	12,076
Total current assets	1,446,786	1,306,332
Property, plant and equipment, net	427,452	430,719
Operating lease assets	107,290	113,160
Goodwill	2,332,414	2,245,305
Intangible assets, net	2,297,178	2,156,285
Deferred tax assets	5,519	5,572
Other assets	84,925	52,447
Total assets	6,701,564	6,309,820
Current liabilities
Current borrowings	53,625	50,000
Accounts payable	104,348	102,916
Accrued expenses	99,804	100,466
Current portion of contingent consideration	9,463	148,090
Payroll and benefit-related liabilities	73,632	115,981
Accrued interest	16,153	5,514
Income taxes payable	6,989	6,692
Other current liabilities	38,286	33,396
Total current liabilities	402,300	563,055
Long-term borrowings	2,340,892	1,858,943
Deferred tax liabilities	489,677	439,558
Pension and postretirement benefit liabilities	66,380	82,719
Noncurrent liability for uncertain tax positions	12,139	10,294
Noncurrent contingent consideration	23,274	71,818
Noncurrent operating lease liabilities	96,333	101,372
Other liabilities	197,545	202,741
Total liabilities	3,628,540	3,330,500
Commitments and contingencies
Total shareholders' equity	3,073,024	2,979,320
Total liabilities and shareholders' equity	$ 6,701,564	$ 6,309,820