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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 113,751 $ 304,252
Accounts receivable, net of allowance for doubtful accounts of $25,916 and $21,491, respectively 1,089,748 1,103,724
Inventories, net 1,184,188 1,086,663
Deferred taxes 150,760 151,093
Prepaid expenses and other 88,204 94,484
Total current assets 2,626,651 2,740,216
Property, plant and equipment, net of accumulated depreciation of $837,476 and $784,864, respectively 678,934 654,179
Goodwill 1,058,802 1,053,852
Deferred taxes 26,241 26,706
Other intangible assets, net 143,067 150,075
Other assets, net 162,499 185,930
Total assets 4,696,194 4,810,958
Current liabilities:    
Accounts payable 495,295 616,900
Accrued liabilities 822,414 906,593
Debt due within one year 268,934 59,478
Deferred taxes 7,606 7,654
Total current liabilities 1,594,249 1,590,625
Long-term debt due after one year 839,224 869,116
Retirement obligations and other liabilities 452,254 456,742
Shareholders’ equity:    
Common shares, $1.25 par value, Shares autorized - 305,000, Share issued - 176,793 and 176,793, respectively 220,991 220,991
Capital in excess of par value 464,990 467,856
Retained earnings 2,863,863 2,579,308
Treasury shares, at cost – 38,357 and 32,389 shares, respectively (1,511,768) (1,164,496)
Deferred compensation obligation 9,359 10,870
Accumulated other comprehensive loss (242,778) (224,310)
Total Flowserve Corporation shareholders’ equity 1,804,657 1,890,219
Noncontrolling interest 5,810 4,256
Total equity 1,810,467 1,894,475
Total liabilities and equity $ 4,696,194 $ 4,810,958