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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 227,885$ 557,579
Accounts receivable, net of allowance for doubtful accounts of $21,146 and $18,632, respectively1,022,897839,566
Inventories, net1,076,704886,731
Deferred taxes128,909131,996
Prepaid expenses and other121,071107,872
Total current assets2,577,4662,523,744
Property, plant and equipment, net of accumulated depreciation of $719,720 and $682,715, respectively564,759581,245
Goodwill1,013,5261,012,530
Deferred taxes21,38324,343
Other intangible assets, net139,811147,112
Other assets, net163,560170,936
Total assets4,480,5054,459,910
Current liabilities:  
Accounts payable459,900571,021
Accrued liabilities769,620817,837
Debt due within one year50,03351,481
Deferred taxes18,51316,036
Total current liabilities1,298,0661,456,375
Long-term debt due after one year457,855476,230
Retirement obligations and other liabilities417,715414,272
Shareholders' equity:  
Common shares, $1.25 par value Shares authorized - 120,000 Shares issued - 58,931 and 58,931, respectively73,66473,664
Capital in excess of par value612,744613,861
Retained earnings2,098,0541,848,680
Equity before treasury stock deferred compensation equity and accumulated other comprehensive loss net of tax and noncontrolling interest2,784,4622,536,205
Treasury shares, at cost - 3,927 and 3,872 shares, respectively(315,389)(292,210)
Deferred compensation obligation9,5829,533
Accumulated other comprehensive loss(179,951)(150,506)
Total Flowserve Corporation Shareholders' Equity2,298,7042,103,022
Noncontrolling interest8,16510,011
Total equity2,306,8692,113,033
Total liabilities and equity$ 4,480,505$ 4,459,910