Quarterly report pursuant to Section 13 or 15(d)

RECENTLY ADOPTED AND ISSUED ACCOUNTING STANDARDS - Impacts of ASC 606 Balance Sheet (Details)

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RECENTLY ADOPTED AND ISSUED ACCOUNTING STANDARDS - Impacts of ASC 606 Balance Sheet (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Apr. 01, 2018
Mar. 31, 2018
Jul. 01, 2017
ASSETS        
Cash and equivalents $ 467,917   $ 680,762 $ 672,045
Accounts receivable, net 1,428,535 $ 1,408,587 1,408,587 1,143,573
Inventories 1,993,825   1,861,441 1,663,052
Other current assets 439,870   358,953 355,283
Total current assets 4,330,147   4,683,323 3,897,650
Property, plant and equipment, net 1,018,164   1,011,617 903,024
Goodwill and intangible assets, net 4,000,438      
Other assets 843,005   803,041 722,578
TOTAL ASSETS 10,191,754   10,311,310 9,173,728
LIABILITIES AND STOCKHOLDERS’ EQUITY        
Short-term borrowings and current portion of long-term debt 1,323,112      
Accounts payable 675,581   583,004 492,480
Accrued liabilities 996,863   938,427 738,050
Total current liabilities 2,995,556   3,138,829 2,431,143
Long-term debt 2,156,627   2,212,555 2,111,623
Other liabilities 1,308,455   1,271,830 896,581
Total liabilities 6,460,638   6,623,214 5,529,389
Retained earnings 825,788   846,124 1,077,708
Total stockholders’ equity 3,731,116   3,688,096 3,644,339
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 10,191,754   10,311,310 $ 9,173,728
Impact of Adoption | Accounting Standards Update 2014-09        
ASSETS        
Cash and equivalents 0      
Accounts receivable, net (179,981)      
Inventories 54,368      
Other current assets (49,400)      
Total current assets (175,013)      
Property, plant and equipment, net 0      
Goodwill and intangible assets, net 0      
Other assets 381      
TOTAL ASSETS (174,632)      
LIABILITIES AND STOCKHOLDERS’ EQUITY        
Short-term borrowings and current portion of long-term debt 0      
Accounts payable 0      
Accrued liabilities (167,292)      
Total current liabilities (167,292)      
Long-term debt 0      
Other liabilities (1,545)      
Total liabilities (168,837)      
Retained earnings     $ 2,000  
Total stockholders’ equity (5,795)      
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (174,632)      
Balances without Adoption of ASC 606        
ASSETS        
Cash and equivalents 467,917      
Accounts receivable, net 1,248,554      
Inventories 2,048,193      
Other current assets 390,470      
Total current assets 4,155,134      
Property, plant and equipment, net 1,018,164      
Goodwill and intangible assets, net 4,000,438      
Other assets 843,386      
TOTAL ASSETS 10,017,122      
LIABILITIES AND STOCKHOLDERS’ EQUITY        
Short-term borrowings and current portion of long-term debt 1,323,112      
Accounts payable 675,581      
Accrued liabilities 829,571      
Total current liabilities 2,828,264      
Long-term debt 2,156,627      
Other liabilities 1,306,910      
Total liabilities 6,291,801      
Total stockholders’ equity 3,725,321      
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 10,017,122