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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 461,371 $ 580,908
Restricted cash 0 1,761,446
Accounts receivable 1,247,450 801,193
Unbilled accounts receivable 459,959 345,585
Inventories 1,881,791 844,886
Other current assets 178,569 115,649
Total current assets 4,229,140 4,449,667
Property, plant and equipment 2,170,618 1,036,550
Accumulated depreciation (524,521) (472,813)
Property, plant and equipment, net 1,646,097 563,737
Other Assets    
Goodwill 8,150,671 2,396,544
Other intangibles, net 4,364,356 1,129,880
Other noncurrent assets 552,329 109,406
Total other assets 13,067,356 3,635,830
Total Assets 18,942,593 8,649,234
Current Liabilities    
Accounts payable 1,232,597 589,449
Customer deposits 648,503 373,538
Accrued compensation 287,873 173,183
Accrued warranty 223,764 135,636
Current portion of long-term debt 104,413 64,099
Other accrued liabilities 714,165 310,785
Total current liabilities 3,211,315 1,646,690
Long-term debt 4,528,768 3,792,774
Accrued postretirement and pension benefits 95,625 95,446
Deferred income taxes 169,861 198,269
Accrued warranty 32,252 18,066
Other long-term liabilities 1,069,615 28,914
Total Liabilities 9,107,436 5,780,159
Commitments and contingencies (Note 16)
Equity    
Convertible preferred stock, $0.01 par value; 1,000,000 shares authorized, 1,220 and no shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized: 223,431,716 and 132,349,534 shares issued and 188,183,106 and 96,614,966 outstanding at June 30, 2019 and December 31, 2018, respectively 1,981 1,323
Additional paid-in capital 7,807,109 914,568
Treasury stock, at cost, 35,248,610 and 35,734,588 shares, at June 30, 2019 and December 31, 2018, respectively (805,618) (816,145)
Retained earnings 3,087,468 3,021,968
Accumulated other comprehensive loss (289,180) (256,583)
Total Westinghouse Air Brake Technologies Corporation shareholders' equity 9,801,760 2,865,131
Noncontrolling interest 33,397 3,944
Total Equity 9,835,157 2,869,075
Total Liabilities and Equity $ 18,942,593 $ 8,649,234