CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current Assets
Cash and equivalents	$ 594,481,000	$ 1,079,221,000
Accounts receivable, net of allowances of $22.0 million and $25.4 million in 2018 and 2017 respectively	970,083,000	1,128,610,000
Inventories	542,889,000	600,704,000
Prepaid expenses and other current assets	244,987,000	303,053,000
Total current assets	2,352,440,000	3,111,588,000
Noncurrent Assets
Property, plant, and equipment, net	657,595,000	785,285,000
Goodwill	1,386,424,000	1,396,669,000
Other noncurrent assets	847,006,000	944,961,000
Total Assets	5,243,465,000	6,238,503,000
Current Liabilities
Short-term borrowings	4,176,000	0
Current portion of long-term debt	0	250,000,000
Accounts payable	537,965,000	572,166,000
Accrued liabilities	700,421,000	792,139,000
Income taxes payable	10,046,000	9,498,000
Total current liabilities	1,252,608,000	1,623,803,000
Noncurrent Liabilities
Long-term debt	2,851,723,000	2,873,119,000
Other noncurrent liabilities	469,669,000	484,126,000
Total noncurrent liabilities	3,321,392,000	3,357,245,000
Commitments and Contingencies
Stockholders’ Equity
Common stock $1.00 par value, 1.0 billion shares authorized; 441.4 million shares issued	441,369,000	441,369,000
Additional paid-in capital	1,812,682,000	1,808,391,000
Treasury stock at cost: 96.1 million shares and 97.6 million shares in 2018 and 2017, respectively	(2,354,617,000)	(2,389,877,000)
Retained earnings	1,629,257,000	2,179,358,000
Accumulated other comprehensive loss	(859,226,000)	(781,786,000)
Total stockholders’ equity	669,465,000	1,257,455,000
Total Liabilities and Stockholders’ Equity	$ 5,243,465,000	$ 6,238,503,000

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.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 8
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130549-203045

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682