Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands |
Mar. 31, 2018 |
Dec. 31, 2017 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 213,091
|
$ 371,684
|
| Notes receivable |
66,073
|
13,753
|
| Accounts receivable, less allowances of $7,840 at 2018 and $7,570 at 2017 |
499,130
|
528,250
|
| Inventories: |
|
|
| Finished goods |
448,019
|
365,672
|
| Work in process |
34,878
|
31,000
|
| Raw materials and supplies |
128,627
|
115,085
|
| Inventories |
611,524
|
511,757
|
| Other current assets |
63,921
|
63,063
|
| Total current assets |
1,453,739
|
1,488,507
|
| Property, plant and equipment: |
|
|
| Land and land improvements |
54,182
|
52,683
|
| Buildings |
312,835
|
311,199
|
| Machinery and equipment |
1,932,543
|
1,890,210
|
| Molds, cores and rings |
232,649
|
220,528
|
| Total property, plant and equipment |
2,532,209
|
2,474,620
|
| Less: accumulated depreciation |
1,553,715
|
1,507,873
|
| Property, plant and equipment, net |
978,494
|
966,747
|
| Goodwill |
56,056
|
54,613
|
| Intangibles, net of accumulated amortization of $98,005 at 2018 and $93,353 at 2017 |
126,143
|
133,256
|
| Deferred income tax assets |
57,057
|
58,665
|
| Other assets |
7,493
|
6,137
|
| Total assets |
2,678,982
|
2,707,925
|
| Current liabilities: |
|
|
| Notes payable |
41,043
|
39,450
|
| Accounts payable |
268,556
|
277,060
|
| Accrued liabilities |
244,371
|
280,666
|
| Income taxes payable |
5,098
|
6,954
|
| Current portion of long-term debt |
1,446
|
1,413
|
| Total current liabilities |
560,514
|
605,543
|
| Long-term debt |
295,221
|
295,987
|
| Postretirement benefits other than pensions |
256,188
|
256,888
|
| Pension benefits |
218,280
|
219,534
|
| Other long-term liabilities |
144,753
|
144,217
|
| Equity: |
|
|
| Preferred stock, $1 par value; 5,000,000 shares authorized; none issued |
0
|
0
|
| Common stock, $1 par value; 300,000,000 shares authorized; 87,850,292 shares issued |
87,850
|
87,850
|
| Capital in excess of par value |
18,278
|
20,740
|
| Retained earnings |
2,397,224
|
2,394,372
|
| Accumulated other comprehensive loss |
(451,902)
|
(478,478)
|
| Parent stockholders' equity before treasury stock |
2,051,450
|
2,024,484
|
| Less: common shares in treasury at cost (37,244,438 at 2018 and 36,908,553 at 2017) |
(910,727)
|
(897,388)
|
| Total parent stockholders’ equity |
1,140,723
|
1,127,096
|
| Noncontrolling shareholders' interests in consolidated subsidiaries |
63,303
|
58,660
|
| Total equity |
1,204,026
|
1,185,756
|
| Total liabilities and equity |
$ 2,678,982
|
$ 2,707,925
|