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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 212,541 $ 285,760
Accounts receivable 474,930 349,458
Unbilled accounts receivable 240,178 205,045
Inventories 489,053 403,229
Deferred income taxes 52,240 50,622
Other 64,866 38,933
Total current assets 1,533,808 1,333,047
Property, plant and equipment 682,297 597,740
Accumulated depreciation (339,932) (321,662)
Property, plant and equipment, net 342,365 276,078
Other Assets    
Goodwill 864,460 786,433
Other intangibles, net 449,533 385,679
Other noncurrent assets 38,221 40,760
Total other assets 1,352,214 1,212,872
Total Assets 3,228,387 2,821,997
Current Liabilities    
Accounts payable 389,284 326,666
Customer deposits 74,901 66,573
Accrued compensation 64,168 57,058
Accrued warranty 53,509 43,197
Current portion of long-term debt 955 421
Other accrued liabilities 91,931 85,485
Total current liabilities 674,748 579,400
Long-term debt 521,087 450,288
Accrued postretirement and pension benefits 62,371 50,003
Deferred income taxes 143,549 114,486
Accrued warranty 17,203 17,396
Other long-term liabilities 19,820 23,257
Total liabilities 1,438,778 1,234,830
Shareholders’ Equity    
Preferred stock, 1,000,000 shares authorized, no shares issued      
Common stock, $.01 par value; 200,000,000 shares authorized: 132,349,534 shares issued and 96,254,818 and 95,909,948 outstanding at June 30, 2014 and December 31, 2013, respectively 1,323 1,323
Additional paid-in capital 441,869 415,059
Treasury stock, at cost, 36,094,716 and 36,439,586 shares, at June 30, 2014 and December 31, 2013, respectively (392,475) (372,969)
Retained earnings 1,822,225 1,576,702
Accumulated other comprehensive loss (84,285) (34,856)
Total Westinghouse Air Brake Technologies Corporation shareholders' equity 1,788,657 1,585,259
Non-controlling interest (minority interest) 952 1,908
Total shareholders’ equity 1,789,609 1,587,167
Total Liabilities and Shareholders’ Equity $ 3,228,387 $ 2,821,997