CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 397,253	$ 396,221
Receivables, net of allowances	1,217,190	1,231,859
Inventories	806,141	748,796
Prepaid and other current assets	127,846	126,878
Total current assets	2,548,430	2,503,754
Property, plant and equipment, net	842,318	806,497
Goodwill	3,783,347	3,677,328
Intangible assets, net	1,055,014	1,134,256
Other assets and deferred charges	440,368	243,936
Total assets	8,669,477	8,365,771
Current liabilities
Notes payable and current maturities of long-term debt	84,700	220,318
Accounts payable	983,293	969,531
Accrued compensation and employee benefits	226,658	212,666
Accrued insurance	98,432	97,600
Other accrued expenses	339,060	313,452
Federal and other income taxes	17,748	13,854
Total current liabilities	1,749,891	1,827,421
Long-term debt	2,985,716	2,943,660
Deferred income taxes	322,036	339,325
Accrued Income Taxes, Noncurrent	52,000	54,304
Other liabilities	527,174	432,395
Stockholders' Equity
Preferred stock	0	0
Common stock	258,552	257,822
Additional paid-in capital	869,719	886,016
Retained earnings	8,211,257	7,815,486
Accumulated other comprehensive loss	(216,026)	(243,096)
Common stock in treasury	(6,090,842)	(5,947,562)
Total Stockholders' equity	3,032,660	2,768,666
Total liabilities and stockholders' equity	$ 8,669,477	$ 8,365,771