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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 426,717 $ 634,897
Restricted cash 28,103 13,625
Trade receivables (net of allowances of $9,105 and $9,173, respectively) 1,046,028 937,765
Inventories:    
Raw materials 615,301 568,916
Work in process 54,849 48,819
Finished goods 493,503 460,802
Total Inventories 1,163,653 1,078,537
Prepaid expenses and other current assets 325,525 277,036
Total Current Assets 2,990,026 2,941,860
Property, plant and equipment, at cost 2,631,638 2,492,938
Accumulated depreciation (1,315,333) (1,251,786)
Total Property Plant and Equipment 1,316,305 1,241,152
Goodwill 5,506,317 5,378,388
Other intangible assets, net 2,944,667 3,039,322
Other assets 590,767 288,673
Total Assets 13,348,082 12,889,395
Current Liabilities:    
Bank borrowings, overdrafts, and current portion of long-term debt 84,231 48,642
Accounts payable 463,555 471,382
Accrued payroll and bonus 93,910 121,080
Dividends payable 77,898 77,779
Other current liabilities 429,939 409,428
Total Current Liabilities 1,149,533 1,128,311
Long-term debt 4,428,675 4,504,417
Retirement liabilities 222,186 227,172
Deferred income taxes 707,359 655,879
Other liabilities 514,802 248,436
Total Other Liabilities 5,873,022 5,635,904
Commitments and Contingencies
Redeemable noncontrolling interests 115,540 81,806
Shareholders' Equity:    
Common stock 12 1/2¢ par value; 500,000,000 shares authorized; 128,526,137 shares issued as of June 30, 2019 and December 31, 2018; and 106,774,300 and 106,619,202 shares outstanding as of June 30, 2019 and December 31, 2018, respectively 16,066 16,066
Capital in excess of par value 3,805,883 3,793,609
Retained earnings 4,069,211 3,956,221
Accumulated other comprehensive loss (668,359) (702,227)
Treasury stock, at cost (21,751,837 and 21,906,935 shares as of June 30, 2019 and December 31, 2018, respectively) (1,023,422) (1,030,718)
Total Shareholders’ Equity 6,199,379 6,032,951
Noncontrolling interest 10,608 10,423
Total Shareholders’ Equity including noncontrolling interest 6,209,987 6,043,374
Total Liabilities and Shareholders’ Equity $ 13,348,082 $ 12,889,395