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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents ($478,410 and $391,635 related to variable interest entities (“VIEs”)) $ 1,805,777 $ 1,764,746
Marketable securities, current ($80,249 and $202,481 related to VIEs) 98,733 214,828
Accounts and notes receivable, net ($203,951 and $214,339 related to VIEs) 1,380,475 1,534,339
Contract assets ($388,580 and $350,814 related to VIEs) 1,588,034 1,544,981
Other current assets ($6,680 and $15,660 related to VIEs) 369,589 381,999
Total current assets 5,242,608 5,440,893
Property, plant and equipment (“PP&E”) ((net of accumulated depreciation of $1,237,066 and $1,220,802) (net PP&E of $44,836 and $41,479 related to VIEs)) 985,754 1,013,732
Goodwill 535,051 533,585
Investments 937,456 938,490
Deferred taxes 363,872 342,126
Deferred compensation trusts 354,961 328,814
Other assets ($42,217 and $26,578 related to VIEs) 622,012 315,997
TOTAL ASSETS 9,041,714 8,913,637
CURRENT LIABILITIES    
Trade accounts payable ($522,229 and $475,018 related to VIEs) 1,543,478 1,638,891
Short-term borrowings 35,922 26,887
Contract liabilities ($204,744 and $271,692 related to VIEs) 868,950 855,948
Accrued salaries, wages and benefits ($34,278 and $28,478 related to VIEs) 659,578 649,486
Other accrued liabilities ($42,182 and $49,997 related to VIEs) 419,965 381,301
Total current liabilities 3,527,893 3,552,513
LONG-TERM DEBT DUE AFTER ONE YEAR 1,650,927 1,661,565
NONCURRENT LIABILITIES 746,969 581,509
CONTINGENCIES AND COMMITMENTS
Capital stock    
Preferred — authorized 20,000,000 shares ($0.01 par value); none issued 0 0
Common — authorized 375,000,000 shares ($0.01 par value); issued and outstanding — 140,108,765 and 139,653,824 shares in 2019 and 2018, respectively 1,399 1,396
Additional paid-in capital 94,456 82,106
Accumulated other comprehensive loss (497,894) (542,478)
Retained earnings 3,354,352 3,422,157
Total shareholders’ equity 2,952,313 2,963,181
Noncontrolling interests 163,612 154,869
Total equity 3,115,925 3,118,050
TOTAL LIABILITIES AND EQUITY $ 9,041,714 $ 8,913,637