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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 280,179 $ 398,484
Accounts receivable 754,358 667,596
Unbilled accounts receivable 297,184 274,912
Inventories 703,881 658,510
Deposit in escrow 0 744,748
Other current assets 130,631 123,381
Total current assets 2,166,233 2,867,631
Property, plant and equipment 935,900 912,230
Accumulated depreciation (411,841) (393,854)
Property, plant and equipment, net 524,059 518,376
Other Assets    
Goodwill 2,188,503 2,078,765
Other intangibles, net 1,089,112 1,053,860
Other noncurrent assets 62,992 62,386
Total other assets 3,340,607 3,195,011
Total Assets 6,030,899 6,581,018
Current Liabilities    
Accounts payable 512,230 530,211
Customer deposits 351,599 256,591
Accrued compensation 141,762 145,324
Accrued warranty 123,817 123,190
Current portion of long-term debt 87,373 129,809
Other accrued liabilities 254,626 261,514
Total current liabilities 1,471,407 1,446,639
Long-term debt 1,782,624 1,762,967
Accrued postretirement and pension benefits 110,120 110,597
Deferred income taxes 258,228 245,680
Accrued warranty 13,849 15,802
Other long-term liabilities 25,903 22,508
Total liabilities 3,662,131 3,604,193
Commitments and contingent liabilities (Note 14)
Equity    
Preferred stock, 1,000,000 shares authorized, no shares issued 0 0
Common stock, $0.01 par value; 200,000,000 shares authorized: 132,349,534 shares issued and XX and 95,425,432 outstanding at March 31, 2017 and December 31, 2016, respectively 1,323 1,323
Additional paid-in capital 894,377 869,951
Treasury stock, at cost, XX and 36,924,102 shares, at March 31, 2017 and December 31, 2016, respectively (830,032) (838,950)
Retained earnings 2,617,575 2,553,258
Accumulated other comprehensive loss (331,652) (379,605)
Total Westinghouse Air Brake Technologies Corporation shareholders' equity 2,351,591 2,205,977
Noncontrolling interest 17,177 770,848
Total equity 2,368,768 2,976,825
Total Liabilities and Equity $ 6,030,899 $ 6,581,018