v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 284,122 $ 290,188
Accounts receivable, net 464,523 459,495
Inventories 643,972 600,133
Prepaid expenses and other current assets 141,604 117,851
Prepaid taxes 4,693 3,457
Total current assets 1,538,914 1,471,124
Property, plant and equipment, net 518,916 502,852
Operating lease assets 108,340 108,912
Goodwill 2,651,886 2,632,314
Intangible assets, net 2,226,144 2,268,714
Deferred tax assets 11,773 11,374
Other assets 107,317 102,624
Total assets 7,163,290 7,097,914
Current liabilities    
Current borrowings 100,000 100,000
Accounts payable 143,037 141,031
Accrued expenses 150,856 143,167
Payroll and benefit-related liabilities 108,900 151,263
Accrued interest 17,020 5,338
Income taxes payable 49,780 41,318
Other current liabilities 106,316 67,243
Total current liabilities 675,909 649,360
Long-term borrowings 1,807,321 1,555,871
Deferred tax liabilities 385,670 391,066
Pension and postretirement benefit liabilities 20,304 20,185
Noncurrent liability for uncertain tax positions 1,896 1,831
Noncurrent operating lease liabilities 97,661 99,154
Other liabilities 79,365 102,307
Total liabilities 3,068,126 2,819,774
Commitments and contingencies
Total shareholders' equity 4,095,164 4,278,140
Total liabilities and shareholders' equity $ 7,163,290 $ 7,097,914