Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 433,362	$ 391,332
Notes receivable	13,676	535
Accounts receivable, less allowances of $10,449 at 2020 and $8,109 at 2019	509,280	544,257
Inventories:
Finished goods	356,544	326,839
Work in process	24,937	28,250
Raw materials and supplies	120,123	109,132
Total inventories	501,604	464,221
Other current assets	46,224	52,635
Total current assets	1,504,146	1,452,980
Property, plant and equipment:
Land and land improvements	51,183	53,516
Buildings	345,257	344,142
Machinery and equipment	2,014,913	2,042,578
Molds, cores and rings	262,913	262,444
Total property, plant and equipment	2,674,266	2,702,680
Less: Accumulated depreciation	1,652,114	1,655,438
Property, plant and equipment, net	1,022,152	1,047,242
Operating lease right-of-use assets, net of accumulated amortization of $32,293 at 2020 and $26,121 at 2019	86,878	80,752
Goodwill	18,851	18,851
Intangibles, net of accumulated amortization of $128,403 at 2020 and $123,735 at 2019	108,181	111,356
Deferred income tax assets	33,162	29,336
Investment in joint venture	48,472	48,912
Other assets	10,875	12,909
Total assets	2,832,717	2,802,338
Current liabilities:
Short-term borrowings	277,844	12,296
Accounts payable	230,675	276,732
Accrued liabilities	208,767	302,477
Income taxes payable	2,485	2,304
Current portion of long-term debt and finance leases	15,477	10,265
Total current liabilities	735,248	604,074
Long-term debt and finance leases	301,920	309,148
Noncurrent operating leases	61,249	55,371
Postretirement benefits other than pensions	227,249	227,216
Pension benefits	146,095	126,707
Other long-term liabilities	165,102	149,065
Deferred income tax liabilities	114	3,024
Equity:
Preferred stock, $1 par value; 5,000,000 shares authorized; none issued	0	0
Common stock, $1 par value; 300,000,000 shares authorized; 87,850,292 shares issued at 2020 and 2019	87,850	87,850
Capital in excess of par value	15,226	22,175
Retained earnings	2,508,052	2,524,963
Accumulated other comprehensive loss	(512,010)	(447,580)
Parent stockholders' equity before treasury stock	2,099,118	2,187,408
Less: Common shares in treasury at cost (37,567,907 at 2020 and 37,647,058 at 2019)	(921,406)	(922,783)
Total parent stockholders' equity	1,177,712	1,264,625
Noncontrolling shareholders' interests in consolidated subsidiaries	18,028	63,108
Total equity	1,195,740	1,327,733
Total liabilities and equity	$ 2,832,717	$ 2,802,338