Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 333,776	$ 450,350
Accounts receivable, net of allowance for doubtful accounts of $27,125 and $25,469, respectively	1,015,544us-gaap_AccountsReceivableNetCurrent	1,082,447us-gaap_AccountsReceivableNetCurrent
Inventories, net	1,118,940us-gaap_InventoryNet	995,564us-gaap_InventoryNet
Deferred taxes	158,803us-gaap_DeferredTaxAssetsNetCurrent	158,912us-gaap_DeferredTaxAssetsNetCurrent
Prepaid expenses and other	133,275	106,890
Total current assets	2,760,338us-gaap_AssetsCurrent	2,794,163us-gaap_AssetsCurrent
Property, plant and equipment, net of accumulated depreciation of $813,562 and $836,981, respectively	752,015us-gaap_PropertyPlantAndEquipmentNet	693,881us-gaap_PropertyPlantAndEquipmentNet
Goodwill	1,214,919us-gaap_Goodwill	1,067,255us-gaap_Goodwill
Deferred taxes	27,840us-gaap_DeferredTaxAssetsNetNoncurrent	31,419us-gaap_DeferredTaxAssetsNetNoncurrent
Other intangible assets, net	247,550	146,337
Other assets, net	249,019us-gaap_OtherAssetsNoncurrent	234,965us-gaap_OtherAssetsNoncurrent
Total assets	5,251,681us-gaap_Assets	4,968,020us-gaap_Assets
Current liabilities:
Accounts payable	484,542us-gaap_AccountsPayableCurrent	611,715us-gaap_AccountsPayableCurrent
Accrued liabilities	783,758us-gaap_AccruedLiabilitiesCurrent	794,072us-gaap_AccruedLiabilitiesCurrent
Debt due within one year	58,739us-gaap_DebtCurrent	53,131us-gaap_DebtCurrent
Deferred taxes	13,727us-gaap_DeferredTaxLiabilitiesCurrent	12,957us-gaap_DeferredTaxLiabilitiesCurrent
Total current liabilities	1,340,766us-gaap_LiabilitiesCurrent	1,471,875us-gaap_LiabilitiesCurrent
Long-term debt due after one year	1,620,782us-gaap_LongTermDebtNoncurrent	1,101,791us-gaap_LongTermDebtNoncurrent
Retirement obligations and other liabilities	525,991	452,511
Shareholders’ equity:
Common shares, $1.25 par value, Shares authorized - 305,000, Share issued - 176,793 and 176,793, respectively	220,991us-gaap_CommonStockValue	220,991us-gaap_CommonStockValue
Capital in excess of par value	471,516	495,600
Retained earnings	3,418,920	3,415,738
Treasury shares, at cost – 43,136 and 42,444 shares, respectively	(1,885,594)us-gaap_TreasuryStockValue	(1,830,919)us-gaap_TreasuryStockValue
Deferred compensation obligation	10,145us-gaap_DeferredCompensationEquity	10,558us-gaap_DeferredCompensationEquity
Accumulated other comprehensive loss	(484,114)	(380,406)
Total Flowserve Corporation shareholders’ equity	1,751,864us-gaap_StockholdersEquity	1,931,562us-gaap_StockholdersEquity
Noncontrolling interests	12,278us-gaap_MinorityInterest	10,281us-gaap_MinorityInterest
Total equity	1,764,142	1,941,843
Total liabilities and equity	$ 5,251,681	$ 4,968,020

For a classified balance sheet, the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various post employment and postretirement benefits provided to former or inactive employees, their beneficiaries, and covered dependents that is payable after one year (or beyond the operating cycle if longer. Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet due to materiality considerations. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer).

No definition available.