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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 443,850 $ 406,867
Receivables, net 857,614 732,678
Inventories, net 582,584 510,033
Other current assets 68,035 67,502
Total current assets 1,952,083 1,717,080
Property, plant, and equipment, net 330,292 332,796
Goodwill 1,583,448 1,558,826
Other intangible assets, net 532,397 557,612
Operating lease right-of-use assets, net 156,613 141,435
Prepaid pension asset 279,212 261,869
Other assets 51,693 51,351
Total assets 4,885,738 4,620,969
Current liabilities:    
Current portion of long-term debt 90,000 0
Accounts payable 222,542 243,833
Accrued expenses 194,414 188,039
Deferred revenue 392,330 303,872
Other current liabilities 87,369 70,800
Total current liabilities 986,655 806,544
Long-term debt 959,302 1,050,362
Deferred tax liabilities, net 124,186 132,319
Accrued pension and other postretirement benefit costs 68,159 66,875
Long-term operating lease liability 134,866 118,611
Long-term portion of environmental reserves 14,661 12,784
Other liabilities 107,490 105,061
Total liabilities 2,395,319 2,292,556
Stockholders' Equity    
Common stock, $1 par value, 100,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 49,187,378 shares issued as of September 30, 2024 and December 31, 2023; outstanding shares were 37,960,122 as of September 30, 2024 and 38,202,754 as of December 31, 2023 49,187 49,187
Additional paid in capital 144,394 140,182
Retained earnings 3,751,183 3,487,751
Accumulated other comprehensive loss (203,428) (213,223)
Common treasury stock, at cost (11,227,256 shares as of September 30, 2024 and 10,984,624 shares as of December 31, 2023) (1,250,917) (1,135,484)
Total stockholders’ equity 2,490,419 2,328,413
Total liabilities and stockholders’ equity $ 4,885,738 $ 4,620,969