v3.26.1
OTHER CURRENT AND LONG-TERM ASSETS
 3 Months Ended
Mar. 31, 2026
Other Assets, Noncurrent [Abstract]  
OTHER CURRENT AND LONG-TERM ASSETS OTHER CURRENT AND LONG-TERM ASSETS
Other Current Assets

Other current assets consisted of the following:
(in thousands)March 31, 2026December 31, 2025
  
Contract assets, net (1)
$77,699 $75,828 
Consideration paid to customers
76,863 73,563 
Prepaid expenses64,345 57,900 
Taxes receivable15,969 64,985 
Other assets32,727 31,347 
Total other current assets$267,603 $303,623 
(1) Contract assets, net, are net of allowances for credit losses. Refer to "Note 6. Credit Losses."


Other Long-Term Assets

Other long-term assets consisted of the following:
(in thousands)March 31, 2026December 31, 2025
Contract assets, net (1)
$240,955 $236,906 
Consideration paid to customers187,710 176,583 
Equity investments27,559 31,760 
Investments in long-term product supply arrangements26,028 26,721 
Deferred income taxes23,272 27,871 
Other assets47,267 42,636 
Total other long-term assets$552,791 $542,477 
(1) Contract assets, net, are net of allowances for credit losses. Refer to "Note 6. Credit Losses."