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Other Assets And Liabilities, Current and Noncurrent
12 Months Ended
Dec. 31, 2020
Other Assets [Abstract]  
Other Assets OTHER ASSETS AND LIABILITIES, CURRENT AND NONCURRENT
Other current assets consisted of the following amounts:
 December 31,
(DOLLARS IN THOUSANDS)20202019
Value-added tax receivable$92,550 $78,526 
Income tax receivable99,924 69,284 
Prepaid expenses100,336 110,768 
Other48,955 60,756 
Total$341,765 $319,334 

Other assets consisted of the following amounts:
 December 31,
(DOLLARS IN THOUSANDS)20202019
Operating lease right-of-use assets$299,266 $287,870 
Finance lease right-of-use assets7,773 4,792 
Deferred income taxes196,950 125,552 
Overfunded pension plans101,243 85,657 
Cash surrender value of life insurance contracts49,386 47,578 
Other(a)
62,642 56,967 
Total$717,260 $608,416 
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(a)Includes land usage rights in China and long term deposits.
Other current liabilities consisted of the following amounts:
 December 31,
(DOLLARS IN THOUSANDS)20202019
Accrued payrolls and bonuses$132,608 $102,704 
Rebates and incentives payable64,383 49,938 
Value-added tax payable19,940 20,729 
Interest payable29,398 32,417 
Current pension and other postretirement benefit obligation12,804 11,972 
Accrued insurance (including workers’ compensation)10,603 9,960 
Earn outs payable13,855 12,961 
Restructuring and other charges14,887 21,085 
Short term operating lease obligation40,515 37,744 
Short term financing lease obligation3,107 1,931 
Accrued income taxes42,414 42,141 
Other247,051 233,240 
Total$631,565 $576,822