XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Current Assets      
Cash and equivalents $ 615,238 $ 762,181 $ 499,407
Accounts receivable, net of allowances for credit losses of $13.1 million, $20.9 million and $15.9 million, respectively 680,642 1,033,966 528,522
Inventories 609,835 514,673 560,645
Prepaid expenses and other current assets 187,186 172,070 218,516
Total current assets 2,092,901 2,482,890 1,807,090
Noncurrent Assets      
Property, plant, and equipment, net 451,001 473,794 519,777
Right-of-use assets, net 294,819 291,601 298,288
Goodwill 1,392,289 1,393,834 1,382,852
Other noncurrent assets 871,306 878,970 796,345
Total Assets 5,102,316 5,521,089 4,804,352
Current Liabilities      
Short-term borrowings 878 969 150,000
Accounts payable 361,902 495,363 306,440
Accrued liabilities 689,686 831,922 657,254
Income taxes payable 30,106 27,125 12,290
Total current liabilities 1,082,572 1,355,379 1,125,984
Noncurrent Liabilities      
Long-term debt 2,837,732 2,854,664 2,848,924
Noncurrent lease liabilities 255,670 249,353 262,631
Other noncurrent liabilities 452,411 465,350 408,930
Total noncurrent liabilities 3,545,813 3,569,367 3,520,485
Stockholders’ Equity      
Common stock $1.00 par value, 1.0 billion shares authorized; 441.4 million shares issued 441,369 441,369 441,369
Additional paid-in capital 1,836,958 1,842,680 1,836,067
Treasury stock at cost: 92.6 million shares, 94.5 million shares and 93.2 million shares, respectively (2,267,961) (2,282,939) (2,316,110)
Retained earnings 1,424,591 1,539,809 1,202,440
Accumulated other comprehensive loss (961,026) (944,576) (1,005,883)
Total stockholders’ equity 473,931 596,343 157,883
Total Liabilities and Stockholders’ Equity $ 5,102,316 $ 5,521,089 $ 4,804,352