Consolidated Balance Sheet - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 340,304	$ 346,772
Receivables, net	854,457	829,213
Inventories, net	866,472	769,175
Other current assets	211,582	183,605
Total current assets	2,272,815	2,128,765
Property, plant and equipment, net	611,010	617,138
Right of use assets, net	169,279	169,924
Goodwill	5,218,920	5,238,726
Other intangibles, net	3,312,384	3,368,629
Investments and other assets	387,621	375,005
Total assets	11,972,029	11,898,187
Current liabilities:
Short-term borrowings and current portion of long-term debt, net	331,426	315,093
Accounts payable	504,249	470,252
Customer advanced payments	322,887	298,728
Income taxes payable	74,055	35,904
Accrued liabilities and other	358,118	443,337
Total current liabilities	1,590,735	1,563,314
Long-term debt, net	2,204,592	2,229,148
Deferred income taxes	715,645	719,675
Other long-term liabilities	529,369	514,166
Total liabilities	5,040,341	5,026,303
Stockholders’ equity:
Common stock	2,693	2,689
Capital in excess of par value	1,018,433	1,012,526
Retained earnings	8,121,781	7,900,113
Accumulated other comprehensive loss	(485,590)	(470,444)
Treasury stock	(1,725,629)	(1,573,000)
Total stockholders’ equity	6,931,688	6,871,884
Total liabilities and stockholders’ equity	$ 11,972,029	$ 11,898,187

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.