Consolidated Balance Sheet - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 346,772	$ 1,212,822
Receivables	829,213	597,472
Inventories, net	769,175	559,171
Other current assets	183,605	153,005
Total current assets	2,128,765	2,522,470
Property, plant and equipment, net	617,138	526,530
Right of use assets, net	169,924	167,233
Goodwill	5,238,726	4,224,906
Other intangibles, net	3,368,629	2,623,719
Investments and other assets	375,005	292,625
Total assets	11,898,187	10,357,483
Current liabilities:
Short-term borrowings and current portion of long-term debt, net	315,093	132,284
Accounts payable	470,252	360,370
Customer advanced payments	298,728	194,633
Income taxes payable	35,904	38,896
Accrued liabilities and other	443,337	349,732
Total current liabilities	1,563,314	1,075,915
Long-term debt, net	2,229,148	2,281,441
Deferred income taxes	719,675	533,478
Other long-term liabilities	514,166	517,303
Total liabilities	5,026,303	4,408,137
Stockholders’ equity:
Preferred stock,$0.01 par value; authorized 5,000,000 shares; none issued	0	0
Common stock, $0.01 par value; authorized 800,000,000 shares; issued: 2021 – 267,800,160 shares; 2020 – 266,746,248 shares	2,689	2,676
Capital in excess of par value	1,012,526	921,752
Retained earnings	7,900,113	7,094,656
Accumulated other comprehensive loss	(470,444)	(504,468)
Treasury stock: 2021 – 36,137,864 shares; 2020 – 36,227,061 shares	(1,573,000)	(1,565,270)
Total stockholders’ equity	6,871,884	5,949,346
Total liabilities and stockholders’ equity	$ 11,898,187	$ 10,357,483

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
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- Definition

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations.