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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 316,066 $ 331,761
Receivables, net 1,353,491 1,154,083
Inventories 2,692,006 2,836,075
Prepaid expenses and other current assets 283,207 199,030
Total current assets 4,644,770 4,520,949
Property, plant and equipment, net 1,206,342 1,220,162
Operating lease assets, net 1,279,576 0
Intangible assets:    
Goodwill 4,354,306 4,381,458
Other intangibles, net 889,609 928,752
Equity method investments 134,234 179,169
Other assets 157,073 162,912
Total assets 12,665,910 11,393,402
Current liabilities:    
Accounts payable 952,688 942,398
Accrued expenses:    
Accrued payroll-related liabilities 143,026 172,005
Other accrued expenses 317,826 288,425
Refund liability 105,435 104,585
Other current liabilities 100,058 61,109
Current portion of operating lease liabilities 216,172 0
Current portion of long-term obligations 136,283 121,826
Total current liabilities 1,971,488 1,690,348
Long-term operating lease liabilities, excluding current portion 1,109,814 0
Long-term obligations, excluding current portion 4,092,766 4,188,674
Deferred income taxes 305,770 311,434
Other noncurrent liabilities 329,298 364,194
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized, 318,888,569 shares issued and 313,973,538 shares outstanding at March 31, 2019; 318,417,821 shares issued and 316,146,114 shares outstanding at December 31, 2018 3,189 3,184
Additional paid-in capital 1,420,685 1,415,188
Retained earnings 3,696,924 3,598,876
Accumulated other comprehensive loss (190,854) (174,950)
Treasury stock, at cost; 4,915,031 shares at March 31, 2019 and 2,271,707 shares at December 31, 2018 (130,462) (60,000)
Total Company stockholders' equity 4,799,482 4,782,298
Noncontrolling interest 57,292 56,454
Total stockholders' equity 4,856,774 4,838,752
Total liabilities and stockholders’ equity $ 12,665,910 $ 11,393,402