Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Current assets:
Cash and cash equivalents	$ 158,613	$ 204,213	$ 1,017,808
Accounts receivable, less allowance	2,326,411	2,104,555	1,356,851
Inventories:
Finished goods	1,569,443	1,415,339	1,069,673
Work in process and raw materials	432,187	386,036	178,015
Total net inventory	2,001,630	1,801,375	1,247,688
Other current assets	400,249	355,697	254,317
Total current assets	4,886,903	4,465,840	3,876,664
Goodwill	6,819,976	6,814,345	1,129,783
Intangible assets	5,956,301	6,002,361	252,934
Deferred pension assets	298,455	296,743	224,212
Other assets	566,046	502,023	442,215
Property, plant and equipment:
Land	248,613	254,676	116,077
Buildings	955,376	962,094	721,469
Machinery and equipment	2,604,311	2,572,963	2,205,706
Construction in progress	171,416	177,056	70,895
Total gross property, plant and equipment	3,979,716	3,966,789	3,114,147
Less allowances for depreciation	2,139,711	2,089,674	2,051,052
Total net property, plant and equipment	1,840,005	1,877,115	1,063,095
Total Assets	20,367,686	19,958,427	6,988,903
Current liabilities:
Short-term borrowings	920,010	633,731	41,909
Accounts payable	1,975,323	1,791,552	1,221,778
Compensation and taxes withheld	417,316	508,166	296,176
Accrued taxes	113,023	79,901	158,587
Current portion of long-term debt	1,179	1,179	700,786
Other accruals	900,301	972,651	519,766
Total current liabilities	4,327,152	3,987,180	2,939,002
Long-term debt	9,891,017	9,885,745	1,211,512
Postretirement benefits other than pensions	275,735	274,675	252,031
Deferred income taxes	1,494,661	1,434,196	15,427
Other long-term liabilities	689,075	684,443	505,581
Shareholders’ equity:
Common stock	117,875	117,561	116,775
Other capital	2,761,207	2,723,183	2,547,621
Retained earnings	5,674,637	5,502,730	4,209,198
Treasury stock, at cost	(4,528,018)	(4,266,416)	(4,258,831)
Cumulative other comprehensive loss	(335,655)	(384,870)	(549,413)
Total shareholders' equity	3,690,046	3,692,188	2,065,350
Total Liabilities and Shareholders’ Equity	$ 20,367,686	$ 19,958,427	$ 6,988,903

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.