Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 65,909	$ 89,827
Accounts receivable, less allowances (2024 - $7,257; 2023 - $7,258)	345,482	353,923
Inventories	350,292	365,221
Prepaid expenses and other current assets	104,689	97,749
Total current assets	866,372	906,720
Deferred income taxes	0	10,295
Property, plant and equipment	826,964	1,031,495
Less accumulated depreciation	(475,085)	(628,798)
Property, plant and equipment, net	351,879	402,697
Goodwill	1,046,822	1,183,624
Other intangible assets, net	662,666	706,471
Other assets	109,348	98,207
Total assets	3,037,087	3,308,014
Current liabilities
Notes and overdrafts payable	6,547	16
Accounts payable	152,271	164,264
Accrued liabilities	217,793	221,462
Long-term debt - current	10,518	10,868
Total current liabilities	387,129	396,610
Long-term debt	1,149,386	1,279,962
Accrued retirement benefits	36,825	45,992
Deferred income taxes	115,950	120,608
Long-term tax liability	0	21,714
Other liabilities	71,299	80,865
Commitments and contingencies (Note 16)
Stockholders' equity
Common stock - par value $0.01 per share Authorized: 150,000,000 shares Issued: at par value (2024 - 64,679,095 shares; 2023 - 64,600,635 shares)	647	646
Additional paid-in capital	544,418	537,948
Treasury stock, at cost (2024 - 13,918,008 shares; 2023 - 13,914,076 shares)	(532,556)	(532,415)
Retained earnings	1,489,921	1,551,213
Accumulated other non-owner changes to equity	(225,932)	(195,129)
Total stockholders' equity	1,276,498	1,362,263
Total liabilities and stockholders' equity	$ 3,037,087	$ 3,308,014

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all domestic and foreign income tax obligations due beyond one year or the operating cycle, whichever is longer. Alternate captions include income taxes payable, noncurrent.