Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Sep. 30, 2019	Dec. 31, 2018
Current Assets:
Cash and cash equivalents		$ 285,995	$ 300,194
Receivables, net		283,016	280,025
Inventories (Note 2)(Note 7)	[1]	203,303	231,528
Other current assets		25,714	22,146
Total current assets	[1]	798,028	833,893
Property, Plant and Equipment:
Cost		1,713,245	1,666,790
Less: Accumulated depreciation		(1,101,966)	(1,057,898)
Property, plant and equipment, net		611,279	608,892
Goodwill, net		22,144	22,954
Other intangible assets, net		11,518	14,244
Long-term investments (Note 4)		26,389	25,082
Operating lease assets		38,027
Other non-current assets	[1]	10,985	9,549
Total assets	[1]	1,518,370	1,514,614
Current Liabilities:
Current maturities of long-term debt (Note 15)		24,137	37,058
Accounts payable		175,808	205,954
Accrued liabilities		93,018	95,570
Total current liabilities		292,963	338,582
Deferred income taxes	[1]	25,218	24,961
Long-term debt, less current maturities (Note 15)		207,783	239,022
Non-current operating lease liabilities		29,064
Other non-current liabilities		108,435	103,864
Commitments and Contingencies (Note 9)
Equity:
Common stock, $1 par value; authorized 60,000,000 shares; Issued 26,481,229 shares in 2019 and 26,286,587 shares in 2018		26,481	26,309
Additional paid-in capital		191,404	182,881
Accumulated other comprehensive loss (Note 12)	[2]	(156,507)	(141,483)
Retained earnings	[1],[2]	906,612	837,107
Less: Common treasury stock, at cost, 3,976,162 shares in 2019 and 3,773,946 shares in 2018		(113,781)	(97,389)
Total Stepan Company stockholders' equity	[1]	854,209	807,425
Noncontrolling interests (Note 3)		698	760
Total equity	[1]	854,907	808,185	[3]
Total liabilities and equity	[1]	$ 1,518,370	$ 1,514,614

[1] The 2018 amounts for the noted line items have been retrospectively 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.