Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Mar. 31, 2019	Dec. 31, 2018
Current Assets:
Cash and cash equivalents		$ 269,459	$ 300,194
Receivables, net		298,932	280,025
Inventories(1) (Note 2)(Note 7)		215,028	231,528
Other current assets		24,717	22,146
Total current assets	[1]	808,136	833,893
Property, Plant and Equipment:
Cost		1,679,669	1,666,790
Less: Accumulated depreciation		(1,074,309)	(1,057,898)
Property, plant and equipment, net		605,360	608,892
Goodwill, net		22,808	22,954
Other intangible assets, net		13,417	14,244
Long-term investments (Note 4)		25,615	25,082
Operating lease assets		40,332
Other non-current assets	[1]	10,332	9,549
Total assets	[1]	1,526,000	1,514,614
Current Liabilities:
Current maturities of long-term debt (Note 15)		32,799	37,058
Accounts payable		175,641	205,954
Accrued liabilities		87,008	95,570
Total current liabilities		295,448	338,582
Deferred income taxes	[1]	24,158	24,961
Long-term debt, less current maturities (Note 15)		239,063	239,022
Non-current operating lease liabilities		31,361
Other non-current liabilities		103,749	103,864
Commitments and Contingencies (Note 9)
Equity:
Common stock, $1 par value; authorized 60,000,000 shares; Issued 26,440,690 shares in 2019 and 26,308,668 shares in 2018		26,441	26,309
Additional paid-in capital		185,911	182,881
Accumulated other comprehensive loss (Note 12)	[2]	(142,580)	(141,483)
Retained earnings	[1],[2]	861,773	837,107
Less: Common treasury stock, at cost, 3,826,739 shares in 2019 and 3,803,043 shares in 2018		(100,098)	(97,389)
Total Stepan Company stockholders’ equity	[1]	831,447	807,425
Noncontrolling interests (Note 3)		774	760
Total equity	[1]	832,221	808,185	[3]
Total liabilities and equity	[1]	$ 1,526,000	$ 1,514,614

[1] The 2018 amounts for the noted line items have been changed from the amounts originally reported as a result of the Company’s first quarter 2019 change in method of accounting for U.S. inventory valuation from LIFO to FIFO.

[2] The 2019 amounts for the noted line items include an adjustment related to the Company’s first quarter 2019 adoption of ASU No. 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.

[3] The retained earnings and net income amounts for the noted line items have been changed from the amounts originally reported as a result of the Company’s first quarter 2019 change in method of accounting for U.S. inventory valuation from LIFO to FIFO.