CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents	$ 226,191	$ 425,849
Accounts receivable	494,975	443,464
Unbilled accounts receivable	103,814	187,762
Inventories	478,574	510,949
Deposits in Escrow	202,942	0
Deferred income taxes	71,658	43,953
Other assets	34,294	25,887
Total current assets	1,612,448	1,637,864
Property, plant and equipment	717,295	683,034
Accumulated depreciation	(364,102)	(343,923)
Property, plant and equipment, net	353,193	339,111
Other Assets
Goodwill	858,532	862,338
Other intangibles, net	440,534	422,811
Other noncurrent assets	35,628	41,717
Total other assets	1,334,694	1,326,866
Total Assets	3,300,335	3,303,841
Current Liabilities
Accounts payable	319,525	399,845
Customer deposits	106,127	111,797
Accrued compensation	69,892	70,857
Accrued warranty	72,678	68,031
Current portion of long-term debt	433	792
Commitment and contingencies	494	762
Other accrued liabilities	95,627	86,718
Total current liabilities	664,776	738,802
Long-term debt	695,294	520,403
Accrued postretirement and pension benefits	55,765	81,908
Deferred income taxes	139,852	112,915
Commitment and contingencies	943	973
Accrued warranty	19,386	19,818
Other long-term liabilities	22,980	20,724
Total liabilities	1,598,996	1,495,543
Shareholders’ Equity
Preferred stock, 1,000,000 shares authorized, no shares issued	0	0
Common stock, $.01 par value; 200,000,000 shares authorized: 132,349,534 shares issued and 91,836,106 and 96,274,395 outstanding at December 31, 2015 and December 31, 2014, respectively	1,323	1,323
Additional paid-in capital	469,326	448,531
Treasury stock, at cost, 40,513,428 and 36,075,139 shares, at December 31, 2015 and December 31, 2014, respectively	(775,124)	(392,262)
Retained earnings	2,280,801	1,909,136
Accumulated other comprehensive loss	(276,719)	(159,486)
Total Westinghouse Air Brake Technologies Corporation shareholders' equity	1,699,607	1,807,242
Non-controlling interest (minority interest)	1,732	1,056
Total shareholders’ equity	1,701,339	1,808,298
Total Liabilities and Shareholders’ Equity	$ 3,300,335	$ 3,303,841