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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 169,437 $ 304,252
Accounts receivable, net of allowance for doubtful accounts of $22,230 and $21,491, respectively 1,056,321 1,103,724
Inventories, net 1,155,773 1,086,663
Deferred taxes 152,402 151,093
Prepaid expenses and other 99,905 94,484
Total current assets 2,633,838 2,740,216
Property, plant and equipment, net of accumulated depreciation of $789,786 and $784,864, respectively 666,422 654,179
Goodwill 1,042,741 1,053,852
Deferred taxes 26,824 26,706
Other intangible assets, net 146,675 150,075
Other assets, net 151,794 185,930
Total assets 4,668,294 4,810,958
Current liabilities:    
Accounts payable 514,067 616,900
Accrued liabilities 831,886 906,593
Debt due within one year 210,365 59,478
Deferred taxes 6,808 7,654
Total current liabilities 1,563,126 1,590,625
Long-term debt due after one year 859,289 869,116
Retirement obligations and other liabilities 458,119 456,742
Shareholders' equity:    
Common shares, $1.25 par value, Shares autorized - 120,000, Share issued - 58,931 and 58,931, respectively 73,664 73,664
Capital in excess of par value 594,860 615,183
Retained earnings 2,656,814 2,579,308
Treasury shares, at cost – 11,537 and 10,796 shares, respectively (1,298,393) (1,164,496)
Deferred compensation obligation 10,613 10,870
Accumulated other comprehensive loss (255,231) (224,310)
Total Flowserve Corporation shareholders' equity 1,782,327 1,890,219
Noncontrolling interest 5,433 4,256
Total equity 1,787,760 1,894,475
Total liabilities and equity $ 4,668,294 $ 4,810,958