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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 406,867 $ 256,974
Receivables, net 732,678 723,304
Inventories, net 510,033 483,113
Other current assets 67,502 52,623
Total current assets 1,717,080 1,516,014
Property, plant, and equipment, net 332,796 342,708
Goodwill 1,558,826 1,544,635
Other intangible assets, net 557,612 620,897
Operating lease right-of-use assets, net 141,435 153,855
Prepaid pension asset 261,869 222,627
Other assets 51,351 47,567
Total assets 4,620,969 4,448,303
Current liabilities:    
Current portion of long-term and short-term debt 0 202,500
Accounts payable 243,833 266,525
Accrued expenses 188,039 174,440
Deferred revenue 303,872 254,801
Other current liabilities 70,800 82,779
Total current liabilities 806,544 981,045
Long-term debt 1,050,362 1,051,900
Deferred tax liabilities 132,319 123,001
Accrued pension and other postretirement benefit costs 66,875 58,348
Long-term operating lease liability 118,611 132,275
Long-term portion of environmental reserves 12,784 12,547
Other liabilities 105,061 107,973
Total liabilities 2,292,556 2,467,089
Contingencies and Commitments (Notes 10, 14, and 19)
STOCKHOLDERS’ EQUITY    
Common stock, $1 par value, 100,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 49,187,378 shares issued as of December 31, 2023 and December 31, 2022; outstanding shares were 38,202,754 as of December 31, 2023 and 38,259,722 as of December 31, 2022 49,187 49,187
Additional paid in capital 140,182 134,553
Retained earnings 3,487,751 3,163,491
Accumulated other comprehensive loss (213,223) (258,916)
Common treasury stock, at cost (10,984,624 shares as of December 31, 2023 and 10,927,656 shares as of December 31, 2022) (1,135,484) (1,107,101)
Total stockholders' equity 2,328,413 1,981,214
Total liabilities and stockholders' equity $ 4,620,969 $ 4,448,303