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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 130,659 $ 256,974
Receivables, net 720,248 724,603
Inventories, net 527,937 483,113
Other current assets 67,415 52,623
Total current assets 1,446,259 1,517,313
Property, plant, and equipment, net 340,313 342,708
Goodwill 1,549,148 1,544,635
Other intangible assets, net 605,217 620,897
Operating Lease, Right-of-Use Asset 145,017 153,855
Prepaid pension asset 227,547 222,627
Other assets 48,624 47,567
Total assets 4,362,125 4,449,602
Current liabilities:    
Current portion of long-term debt and short-term debt 0 202,500
Accounts payable 207,573 266,525
Accrued expenses 153,678 177,536
Deferred revenue 234,487 242,483
Other current liabilities 76,452 82,395
Total current liabilities 672,190 971,439
Long-term debt 1,229,619 1,051,900
Deferred tax liabilities, net 122,607 123,001
Accrued pension and other postretirement benefit costs 58,062 58,348
Long-term operating lease liability 124,025 132,275
Long-term portion of environmental reserves 13,171 12,547
Other liabilities 88,292 107,973
Total liabilities 2,307,966 2,457,483
Stockholders' Equity    
Common stock, $1 par value,100,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 49,187,378 shares issued as of March 31, 2023 and December 31, 2022; outstanding shares were 38,364,387 as of March 31, 2023 and 38,259,722 as of December 31, 2022 49,187 49,187
Additional paid in capital 126,909 134,553
Retained earnings 3,223,944 3,174,396
Accumulated other comprehensive loss (244,442) (258,916)
Common treasury stock, at cost (10,822,991 shares as of March 31, 2023 and 10,927,656 shares as of December 31, 2022) (1,101,439) (1,107,101)
Total stockholders' equity 2,054,159 1,992,119
Total liabilities and stockholders' equity $ 4,362,125 $ 4,449,602