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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents ($547,487 and $392,772 related to VIEs) $ 1,969,593 $ 1,997,199
Marketable securities ($66 related to VIEs in both periods) 12,711 7,262
Accounts and notes receivable, net ($245,081 and $329,548 related to VIEs) 1,146,761 1,217,464
Contract assets ($266,485 and $294,116 related to VIEs) 1,069,507 1,238,173
Other current assets ($25,943 and $32,271 related to VIEs) 459,979 389,565
Current assets held for sale 368,835 517,100
Total current assets 5,027,386 5,366,763
Property, plant and equipment, net ($35,004 and $29,492 related to VIEs) 568,606 594,826
Goodwill 322,652 508,415
Investments 528,251 600,814
Deferred taxes 68,225 62,688
Deferred compensation trusts 309,255 341,235
Other assets ($43,218 and $45,425 related to VIEs) 416,399 491,917
Total noncurrent assets 2,213,388 2,599,895
Total assets 7,240,774 7,966,658
Current liabilities    
Accounts payable ($414,453 and $501,525 related to VIEs) 1,428,785 1,546,840
Short-term borrowings 53,102 38,728
Contract liabilities ($262,786 and $232,160 related to VIEs) 1,015,385 1,157,788
Accrued salaries, wages and benefits ($31,975 and $31,178 related to VIEs) 570,416 609,094
Other accrued liabilities ($65,598 and $21,088 related to VIEs) 475,113 470,350
Current liabilities related to assets held for sale 62,278 82,322
Total current liabilities 3,605,079 3,905,122
Long-term debt 1,654,831 1,651,739
Deferred taxes 74,787 83,295
Other noncurrent liabilities ($9,486 and $11,366 related to VIEs) 675,183 742,410
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 — 140,565,020 and 140,174,400 shares in 2020 and 2019, respectively 1,403 1,399
Additional paid-in capital 175,089 165,314
AOCI (478,636) (379,873)
Retained earnings 1,393,866 1,700,912
Total shareholders’ equity 1,091,722 1,487,752
NCI 139,172 96,340
Total equity 1,230,894 1,584,092
Total liabilities and equity $ 7,240,774 $ 7,966,658