CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 256,928	$ 304,183
Accounts receivable (less allowance for doubtful accounts of $7,115 in 2016; $7,299 in 2015)	281,039	264,715
Inventories:
Raw materials	80,214	87,919
Work-in-process	45,080	39,555
Finished goods	159,905	148,456
Total inventory	285,199	275,930
Other current assets	97,312	91,167
Total Current Assets	920,478	935,995
Property, Plant and Equipment
Land	47,416	45,775
Buildings	343,104	362,325
Machinery and equipment	712,709	696,849
Property, Plant and Equipment, Gross	1,103,229	1,104,949
Less accumulated depreciation	718,412	693,626
Property, Plant and Equipment, Net	384,817	411,323
Goodwill	236,588	187,504
Non-current assets	291,938	249,349
TOTAL ASSETS	1,833,821	1,784,171
LIABILITIES AND EQUITY
Short-term debt	183,827	4,278
Trade accounts payable	164,783	152,620
Other current liabilities	247,449	213,224
Total Current Liabilities	596,059	370,122
Long-Term Liabilities
Long-term debt, less current portion	359,831	350,347
Other long-term liabilities	125,014	131,254
Total Long-Term Liabilities	484,845	481,601
Shareholders’ Equity
Common shares	9,858	9,858
Additional paid-in capital	290,785	272,908
Retained earnings	2,205,798	2,125,838
Accumulated other comprehensive loss	(288,440)	(296,267)
Treasury shares	(1,465,872)	(1,180,750)
Total Shareholders’ Equity	752,129	931,587
Non-controlling interests	788	861
Total Equity	752,917	932,448
TOTAL LIABILITIES AND EQUITY	$ 1,833,821	$ 1,784,171

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

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.