CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 349,146	$ 362,185
Receivables, net of allowances	1,265,201	1,120,490
Inventories	870,487	802,895
Prepaid and other current assets	104,357	133,440
Total current assets	2,589,191	2,419,010
Property, plant and equipment, net	945,670	854,269
Goodwill	4,562,677	3,737,389
Intangible assets, net	1,802,923	1,413,223
Other assets and deferred charges	215,530	182,185
Total assets	10,115,991	8,606,076
Current liabilities
Notes payable and current maturities of long-term debt	414,550	151,122
Accounts payable	830,318	650,880
Accrued compensation and employee benefits	226,440	223,039
Accrued insurance	96,062	99,642
Other accrued expenses	332,595	235,971
Federal and other income taxes	40,353	6,528
Total current liabilities	1,940,318	1,367,182
Long-term debt	3,206,637	2,603,655
Deferred income taxes	710,173	575,709
Other liabilities	459,117	414,955
Stockholders' Equity
Preferred stock	0	0
Common stock	256,538	256,113
Additional paid-in capital	946,755	928,409
Retained earnings	7,927,795	7,686,642
Accumulated other comprehensive loss	(359,326)	(254,573)
Common stock in treasury	(4,972,016)	(4,972,016)
Total Stockholders' equity	3,799,746	3,644,575
Total liabilities and stockholders' equity	$ 10,115,991	$ 8,606,076

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.