Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current Assets:
Cash and cash equivalents	$ 300,194	$ 298,894
Receivables, less allowances of $9,654 in 2018 and $10,116 in 2017	280,025	293,541
Inventories (Note 5)	200,165	172,748
Other current assets	22,146	23,553
Total current assets	802,530	788,736
Property, Plant and Equipment:
Land	26,341	17,136
Buildings and improvements	212,072	203,879
Machinery and equipment	1,365,509	1,324,415
Construction in progress	62,868	57,856
Property, Plant and Equipment, Gross	1,666,790	1,603,286
Less: accumulated depreciation	(1,057,898)	(1,004,843)
Property, plant and equipment, net	608,892	598,443
Goodwill, net (Note 4)	22,954	25,118
Other intangible assets, net (Note 4)	14,244	18,538
Long-term investments (Note 2)	25,082	28,270
Other non-current assets	10,964	11,756
Total Assets	1,484,666	1,470,861
Current Liabilities:
Current maturities of long-term debt (Note 6)	37,058	22,500
Accounts payable	205,954	204,977
Accrued liabilities (Note 14)	95,570	92,776
Total current liabilities	338,582	320,253
Deferred income taxes (Note 9)	18,672	10,962
Long-term debt, less current maturities (Note 6)	239,022	268,299
Other non-current liabilities (Note 15)	103,864	130,433
Commitments and Contingencies (Note 16)
Equity (Note 10):
Common stock, $1 par value; authorized 60,000,000 shares; issued 26,308,668 shares in 2018 and 26,070,787 shares in 2017	26,309	26,071
Additional paid-in capital	182,881	170,408
Accumulated other comprehensive loss (Note 19)	(141,483)	(99,563)
Retained earnings	813,448	721,741
Less: Common treasury stock, at cost, 3,803,043 shares in 2018 and 3,561,509 shares in 2017	(97,389)	(78,561)
Total Stepan Company stockholders’ equity	783,766	740,096
Noncontrolling interests	760	818
Total equity	784,526	740,914
Total Liabilities and Equity	$ 1,484,666	$ 1,470,861