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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 512,870 $ 580,908
Restricted cash 0 1,761,446
Accounts receivable 1,271,198 801,193
Unbilled accounts receivable 455,626 345,585
Inventories 1,947,220 844,886
Other current assets 194,223 115,649
Total current assets 4,381,137 4,449,667
Property, plant and equipment 2,133,778 1,036,550
Accumulated depreciation (498,812) (472,813)
Property, plant and equipment, net 1,634,966 563,737
Other Assets    
Goodwill 8,142,473 2,396,544
Other intangibles, net 4,364,021 1,129,880
Other noncurrent assets 555,308 109,406
Total other assets 13,061,802 3,635,830
Total Assets 19,077,905 8,649,234
Current Liabilities    
Accounts payable 1,187,261 589,449
Customer deposits 573,244 373,538
Accrued compensation 273,449 173,183
Accrued warranty 217,752 135,636
Current portion of long-term debt 321,308 64,099
Other accrued liabilities 681,421 310,785
Total current liabilities 3,254,435 1,646,690
Long-term debt 4,641,286 3,792,774
Accrued postretirement and pension benefits 96,533 95,446
Deferred income taxes 176,116 198,269
Accrued warranty 31,563 18,066
Other long-term liabilities 1,097,526 28,914
Total Liabilities 9,297,459 5,780,159
Commitments and contingencies (Note 16)
Equity    
Convertible preferred stock, $0.01 par value; 1,000,000 shares authorized, 10,000 and no shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized: 198,131,716 and 132,349,534 shares issued and 162,817,600 and 96,614,966 outstanding at March 31, 2019 and December 31, 2018, respectively 1,981 1,323
Additional paid-in capital 7,796,270 914,568
Treasury stock, at cost, 35,314,116 and 35,734,588 shares, at March 31, 2019 and December 31, 2018, respectively (807,214) (816,145)
Retained earnings 3,005,809 3,021,968
Accumulated other comprehensive income (loss) (309,000) (256,583)
Total Westinghouse Air Brake Technologies Corporation shareholders' equity 9,687,846 2,865,131
Noncontrolling interest 92,600 3,944
Total Equity 9,780,446 2,869,075
Total Liabilities and Equity $ 19,077,905 $ 8,649,234