CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 191,660	$ 197,469
Trade receivables, less allowance for doubtful accounts of $44,394 and $39,505	922,247	888,166
Inventories, net	423,905	420,386
Other current assets	265,429	253,744
Total current assets	1,803,241	1,759,765
Property, plant and equipment, net	632,219	644,536
Goodwill	2,632,433	2,817,687
Intangible assets, net	940,615	995,712
Other assets	533,884	515,219
Total assets	6,542,392	6,732,919
LIABILITIES AND EQUITY
Current portion of long-term debt	6,082	5,792
Accounts payable	651,792	718,893
Accrued liabilities	416,973	391,659
Total current liabilities	1,074,847	1,116,344
Long-term debt, less current portion	1,379,058	1,411,755
Other liabilities	919,828	948,264
Total liabilities	3,373,733	3,476,363
Equity:
Common stock, $0.001 par value; 400,000,000 shares authorized; 122,661,828 and 123,486,425 issued and outstanding	123	123
Additional paid-in capital	3,192,788	3,199,267
Retained earnings	647,639	557,300
Accumulated other comprehensive loss	(867,610)	(686,715)
Total Colfax Corporation equity	2,972,940	3,069,975
Noncontrolling interest	195,719	186,581
Total equity	3,168,659	3,256,556
Total liabilities and equity	$ 6,542,392	$ 6,732,919

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.