Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 304,252	$ 337,356
Accounts receivable, net	1,103,724	1,060,249
Inventories, net	1,086,663	1,008,379
Deferred taxes	151,093	121,905
Prepaid expense and other	94,484	100,465
Total current assets	2,740,216	2,628,354
Property, plant and equipment, net	654,179	598,746
Goodwill	1,053,852	1,045,077
Deferred taxes	26,706	17,843
Other intangible assets, net	150,075	163,482
Other assets, net	185,930	169,112
Total assets	4,810,958	4,622,614
Current liabilities:
Accounts payable	616,900	597,342
Accrued liabilities	906,593	808,601
Debt due within one year	59,478	53,623
Deferred taxes	7,654	10,755
Total current liabilities	1,590,625	1,470,321
Long-term debt due after one year	869,116	451,593
Retirement obligations and other liabilities	456,742	422,470
Commitments and contingencies (See Note 13)
Shareholders' equity:
Common shares, $1.25 par value, Shares authorized - 120,000, Shares issued - 58,931 and 58,931, respectively	73,664	73,664
Capital in excess of par value	615,183	621,083
Retained earnings	2,579,308	2,205,524
Treasury shares, at cost - 10,796 and 5,025 shares, respectively	(1,164,496)	(424,052)
Deferred compensation obligation	10,870	9,691
Accumulated other comprehensive loss	(224,310)	(216,097)
Total Flowserve Corporation shareholders' equity	1,890,219	2,269,813
Noncontrolling interest	4,256	8,417
Total equity	1,894,475	2,278,230
Total liabilities and equity	$ 4,810,958	$ 4,622,614