Page 24 - 2017 AMETEK Annual Report (Interactive) Updated mobile

Condensed Consolidated Balance Sheet

(In thousands, except share amounts)
December 31,
2017 2016
ASSETS
Current assets:
Cash and cash equivalents $ 646,300 $ 717,259
Receivables, net 668,176 592,326
Inventories, net 540,504 492,104
Deferred income taxes — 50,004
Other current assets 79,675 76,497
Total current assets 1,934,655 1,928,190
Property, plant and equipment, net 493,296 473,230
Goodwill 3,115,619 2,818,950
Other intangibles, net 2,013,365 1,734,021
Investments and other assets 239,129 146,283
Total assets $ 7,796,064 $ 7,100,674
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term borrowings and current portion of long-term debt, net $ 308,123 $ 278,921
Accounts payable 437,329 369,537
Income taxes payable 34,660 29,913
Accrued liabilities 358,551 246,070
Total current liabilities 1,138,663 924,441
Long-term debt, net 1,866,166 2,062,644
Deferred income taxes 512,526 621,776
Other long-term liabilities 251,076 235,300
Total liabilities 3,768,431 3,844,161
Stockholders’ equity:
Preferred stock, $0.01 par value; authorized: 5,000,000 shares; none issued — —
Common stock, $0.01 par value; authorized: 800,000,000 shares; 2,631 2,615
issued: 2017 - 262,947,829 shares; 2016 - 261,432,134 shares
Capital in excess of par value 660,894 604,143
Retained earnings 5,002,419 4,403,683
Accumulated other comprehensive loss (429,176) (542,389)
Treasury stock: 2017 - 31,754,106 shares; 2016 - 32,053,227 shares (1,209,135) (1,211,539)
Total stockholders’ equity 4,027,633 3,256,513
Total liabilities and stockholders’ equity $ 7,796,064 $ 7,100,674
These condensed consolidated financial statements should be read in conjunction with the full financial statements and the notes presented in Appendix A to the Company’s Proxy
Statement for the 2018 Annual Meeting of Stockholders.

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