Consolidated Balance Sheet - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 373,765	$ 409,804
Receivables, net	983,893	1,012,932
Inventories, net	1,127,328	1,132,471
Other current assets	290,516	269,461
Total current assets	2,775,502	2,824,668
Property, plant and equipment, net	877,420	891,293
Right of use assets, net	219,887	229,723
Goodwill	6,438,675	6,447,629
Other intangibles, net	4,080,603	4,165,317
Investments and other assets	472,894	464,903
Total assets	14,864,981	15,023,533
Current liabilities:
Short-term borrowings and current portion of long-term debt, net	1,055,406	1,417,915
Accounts payable	517,352	516,588
Customer advanced payments	391,873	375,513
Income taxes payable	85,843	69,567
Accrued liabilities and other	452,034	502,990
Total current liabilities	2,502,508	2,882,573
Long-term debt, net	1,877,772	1,895,432
Deferred income taxes	836,571	836,695
Other long-term liabilities	679,915	678,642
Total liabilities	5,896,766	6,293,342
Stockholders’ equity:
Common stock	2,715	2,709
Capital in excess of par value	1,186,132	1,168,694
Retained earnings	10,186,621	9,940,343
Accumulated other comprehensive loss	(510,328)	(484,942)
Treasury stock	(1,896,925)	(1,896,613)
Total stockholders’ equity	8,968,215	8,730,191
Total liabilities and stockholders’ equity	$ 14,864,981	$ 15,023,533

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