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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 111,681 $ 356,254
Notes receivable 4,175 5,737
Accounts receivable, less allowances of $7,922 at 2019 and $5,836 at 2018 616,974 546,905
Inventories:    
Finished goods 438,848 338,133
Work in process 30,149 27,265
Raw materials and supplies 120,413 114,582
Total inventories 589,410 479,980
Other current assets 48,863 67,856
Total current assets 1,371,103 1,456,732
Property, plant and equipment:    
Land and land improvements 52,979 52,668
Buildings 330,942 314,555
Machinery and equipment 2,024,852 1,981,857
Molds, cores and rings 254,596 238,911
Total property, plant and equipment 2,663,369 2,587,991
Less: Accumulated depreciation 1,646,013 1,586,070
Property, plant and equipment, net 1,017,356 1,001,921
Operating lease right-of-use assets, net of accumulated amortization of $13,620 at 2019 and $0 at 2018 93,183  
Goodwill 18,851 18,851
Intangibles, net of accumulated amortization of $115,905 at 2019 and $106,871 at 2018 115,937 120,321
Deferred income tax assets 27,246 28,146
Investment in joint venture 49,001 0
Other assets 11,396 8,234
Total assets 2,704,073 2,634,205
Current liabilities:    
Notes payable 19,656 15,288
Accounts payable 267,851 286,671
Accrued liabilities 280,933 282,650
Income taxes payable 8,881 975
Current portion of long-term debt and finance leases 173,766 174,760
Total current liabilities 751,087 760,344
Long-term debt and finance leases 120,624 121,284
Noncurrent operating leases 67,214  
Postretirement benefits other than pensions 234,782 236,454
Pension benefits 132,024 147,950
Other long-term liabilities 144,316 135,730
Equity:    
Preferred stock, $1 par value; 5,000,000 shares authorized; none issued
Common stock, $1 par value; 300,000,000 shares authorized; 87,850,292 shares issued at 2019 and 2018 87,850 87,850
Capital in excess of par value 20,837 21,124
Retained earnings 2,454,811 2,449,714
Accumulated other comprehensive loss (447,782) (461,589)
Parent stockholders' equity before treasury stock 2,115,716 2,097,099
Less: Common shares in treasury at cost (37,680,647 at 2019 and 37,776,659 at 2018) (923,367) (925,056)
Total parent stockholders' equity 1,192,349 1,172,043
Noncontrolling shareholders' interests in consolidated subsidiaries 61,677 60,400
Total equity 1,254,026 1,232,443
Total liabilities and equity $ 2,704,073 $ 2,634,205