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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents ($441,709 and $392,772 related to VIEs) $ 1,870,874 $ 1,997,199
Marketable securities ($66 related to VIEs in both periods) 6,477 7,262
Accounts and notes receivable, net ($279,915 and $329,548 related to VIEs) 1,097,800 1,217,464
Contract assets ($282,050 and $294,116 related to VIEs) 1,310,686 1,238,173
Other current assets ($21,166 and $32,271 related to VIEs) 477,013 389,565
Current assets held for sale 366,639 559,070
Total current assets 5,129,489 5,408,733
Noncurrent assets    
Property, plant and equipment, net ($28,841 and $29,492 related to VIEs) 567,148 552,856
Goodwill 306,482 508,415
Investments 523,757 600,814
Deferred taxes 55,521 62,688
Deferred compensation trusts 280,589 341,235
Other assets ($44,265 and $45,425 related to VIEs) 429,483 491,917
Total noncurrent assets 2,162,980 2,557,925
Total assets 7,292,469 7,966,658
Current liabilities    
Accounts payable ($379,524 and $501,525 related to VIEs) 1,443,280 1,546,840
Short-term borrowings 51,204 38,727
Contract liabilities ($289,616 and $232,160 related to VIEs) 1,138,019 1,157,788
Accrued salaries, wages and benefits ($31,253 and $31,178 related to VIEs) 586,807 609,094
Other accrued liabilities ($44,185 and $21,088 related to VIEs) 425,897 470,351
Current liabilities related to assets held for sale 65,339 82,322
Total current liabilities 3,710,546 3,905,122
Long-term debt 1,647,173 1,651,739
Deferred taxes 79,420 83,295
Other noncurrent liabilities ($10,468 and $11,366 related to VIEs) 645,165 742,410
Contingencies and commitments
Shareholders’ equity    
Preferred stock — authorized 20,000,000 shares ($0.01 par value); none issued 0 0
Common stock — authorized 375,000,000 shares ($0.01 par value); issued and outstanding — 140,533,363 and 140,174,400 shares in 2020 and 2019, respectively 1,403 1,399
Additional paid-in capital 170,750 165,314
Accumulated OCI (499,353) (379,873)
Retained earnings 1,418,845 1,700,912
Total shareholders’ equity 1,091,645 1,487,752
NCI 118,520 96,340
Total equity 1,210,165 1,584,092
Total liabilities and equity $ 7,292,469 $ 7,966,658