Consolidated Balance Sheet - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 841,901	$ 345,386
Receivables, net	936,803	919,335
Inventories, net	1,087,584	1,044,284
Other current assets	252,407	219,053
Total current assets	3,118,695	2,528,058
Property, plant and equipment, net	631,692	635,641
Right of use assets, net	165,450	170,295
Goodwill	5,479,025	5,372,562
Other intangibles, net	3,283,846	3,342,085
Investments and other assets	414,668	382,479
Total assets	13,093,376	12,431,120
Current liabilities:
Short-term borrowings and current portion of long-term debt, net	304,480	226,079
Accounts payable	486,581	497,134
Customer advanced payments	362,985	357,674
Income taxes payable	61,800	48,171
Accrued liabilities and other	457,874	435,144
Total current liabilities	1,673,720	1,564,202
Long-term debt, net	1,856,129	2,158,928
Deferred income taxes	629,590	694,267
Other long-term liabilities	591,428	537,211
Total liabilities	4,750,867	4,954,608
Stockholders’ equity:
Common stock	2,708	2,700
Capital in excess of par value	1,148,107	1,094,236
Retained earnings	9,655,114	8,857,485
Accumulated other comprehensive loss	(567,609)	(574,945)
Treasury stock	(1,895,811)	(1,902,964)
Total stockholders’ equity	8,342,509	7,476,512
Total liabilities and stockholders’ equity	$ 13,093,376	$ 12,431,120

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).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- 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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(20))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(15)(1))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1