CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019
Current Assets
Cash and equivalents	$ 499,407	$ 630,028	$ 380,107
Accounts receivable, net of allowances for credit losses of $20.9 million, $24.3 million, and $18.5 million, respectively	528,522	936,359	624,477
Inventories	560,645	495,504	615,828
Prepaid expenses and other current assets	218,516	186,083	274,674
Total current assets	1,807,090	2,247,974	1,895,086
Noncurrent Assets
Property, plant, and equipment, net	519,777	550,139	622,251
Right-of-use assets, net	298,288	303,187	327,419
Goodwill	1,382,852	1,390,714	1,388,758
Other noncurrent assets	796,345	833,212	848,853
Total Assets	4,804,352	5,325,226	5,082,367
Current Liabilities
Short-term borrowings	150,000	0	0
Accounts payable	306,440	459,357	324,949
Accrued liabilities	657,254	769,513	657,053
Income taxes payable	12,290	48,037	19,409
Total current liabilities	1,125,984	1,276,907	1,001,411
Noncurrent Liabilities
Long-term debt	2,848,924	2,846,751	2,853,454
Noncurrent lease liabilities	262,631	270,853	294,812
Other noncurrent liabilities	408,930	439,001	409,315
Total noncurrent liabilities	3,520,485	3,556,605	3,557,581
Stockholders' Equity
Common stock $1.00 par value, 1.0 billion shares authorized; 441.4 million shares issued	441,369	441,369	441,369
Additional paid-in capital	1,836,067	1,825,569	1,822,718
Treasury stock at cost: 94.5 million shares, 95.9 million shares, and 94.6 million shares, respectively	(2,316,110)	(2,318,921)	(2,353,175)
Retained earnings	1,202,440	1,413,181	1,450,397
Accumulated other comprehensive loss	(1,005,883)	(869,484)	(837,934)
Total stockholders' equity	157,883	491,714	523,375
Total Liabilities and Stockholders' Equity	$ 4,804,352	$ 5,325,226	$ 5,082,367