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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents ($516,046 and $439,942 related to variable interest entities ("VIEs")) $ 1,804,075 $ 1,850,436
Marketable securities, current ($91,295 and $48,155 related to VIEs) 161,134 111,037
Accounts and notes receivable, net ($327,652 and $232,242 related to VIEs) 1,602,751 1,700,224
Contract work in progress ($132,500 and $124,677 related to VIEs) 1,458,533 1,537,289
Other current assets ($9,229 and $24,017 related to VIEs) 574,764 411,284
Total current assets 5,601,257 5,610,270
PROPERTY, PLANT AND EQUIPMENT    
Land 82,794 77,985
Buildings and improvements 493,704 490,047
Machinery and equipment 1,501,452 1,364,231
Furniture and fixtures 155,423 157,104
Construction in progress 62,237 50,047
Gross property, plant and equipment 2,295,610 2,139,414
Less accumulated depreciation 1,201,929 1,122,191
Net property, plant and equipment ($44,004 and $53,728 related to VIEs) 1,093,681 1,017,223
Marketable securities, noncurrent 113,622 143,553
Goodwill 564,683 532,239
Investments 878,863 740,385
Deferred taxes 316,472 454,109
Deferred compensation trusts 381,826 348,487
Other ($27,631 and $24,248 related to VIEs) 377,288 370,151
Total other assets 2,632,754 2,588,924
TOTAL ASSETS 9,327,692 9,216,417
CURRENT LIABILITIES    
Trade accounts payable ($258,592 and $221,601 related to VIEs) 1,512,740 1,590,506
Revolving credit facility and other borrowings 27,361 82,243
Advance billings on contracts ($361,701 and $263,393 related to VIEs) 874,036 763,774
Accrued salaries, wages and benefits ($32,678 and $35,573 related to VIEs) 706,520 734,649
Other accrued liabilities ($44,211and $32,015 related to VIEs) 453,513 644,857
Total current liabilities 3,574,170 3,816,029
LONG-TERM DEBT DUE AFTER ONE YEAR 1,591,598 1,517,949
NONCURRENT LIABILITIES 669,525 639,608
CONTINGENCIES AND COMMITMENTS
Capital stock    
Preferred - authorized 20,000,000 shares ($0.01 par value); none issued
Common - authorized 375,000,000 shares ($0.01 par value); issued and outstanding - 139,918,324 and 139,258,483 shares in 2018 and 2017, respectively 1,399 1,393
Additional paid-in capital 88,222 38,317
Accumulated other comprehensive loss (402,242) (496,669)
Retained earnings 3,654,931 3,582,150
Total shareholders' equity 3,342,310 3,125,191
Noncontrolling interests 150,089 117,640
Total equity 3,492,399 3,242,831
TOTAL LIABILITIES AND EQUITY $ 9,327,692 $ 9,216,417