Condensed Consolidated Balance Sheets (Unaudited) (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
Current assets:
Cash and cash equivalents	$ 221,312	$ 557,579
Accounts receivable, net of allowance for doubtful accounts of $20,073 and $18,632, respectively	1,000,702	839,566
Inventories, net	1,090,575	886,731
Deferred taxes	133,855	131,996
Prepaid expenses and other	143,178	107,872
Total current assets	2,589,622	2,523,744
Property, plant and equipment, net of accumulated depreciation of $737,037 and $682,715, respectively	593,233	581,245
Goodwill	1,035,372	1,012,530
Deferred taxes	23,508	24,343
Other intangible assets, net	147,057	147,112
Other assets, net	174,484	170,936
Total assets	4,563,276	4,459,910
Current liabilities:
Accounts payable	479,221	571,021
Accrued liabilities	781,799	817,837
Debt due within one year	55,697	51,481
Deferred taxes	17,572	16,036
Total current liabilities	1,334,289	1,456,375
Long-term debt due after one year	464,463	476,230
Retirement obligations and other liabilities	433,064	414,272
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	605,076	613,861
Retained earnings	2,008,272	1,848,680
Equity before treasury stock, deferred compensation equity and accumulated other comprehensive loss net of tax and noncontrolling interest	2,687,012	2,536,205
Treasury shares, at cost - 3,779 and 3,872 shares, respectively	(301,346)	(292,210)
Deferred compensation obligation	10,138	9,533
Accumulated other comprehensive loss	(74,787)	(150,506)
Total Flowserve Corporation Shareholders' Equity	2,321,017	2,103,022
Noncontrolling interest	10,443	10,011
Total equity	2,331,460	2,113,033
Total liabilities and equity	$ 4,563,276	$ 4,459,910