v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
 [1]
Current assets:    
Cash and cash equivalents $ 2,222,435 $ 1,311,679
Short-term investments 0 248,930
Accounts receivable, net 903,914 908,214
Inventory 1,273,221 1,298,883
Other current assets 205,500 185,784
Total current assets 4,605,070 3,953,490
Noncurrent assets:    
Long-term investments 0 492,242
Property, plant and equipment, net 958,071 952,508
Intangible assets, net 204,662 213,837
Goodwill 196,199 196,199
Deferred tax assets 1,500,598 1,508,697
Restricted cash equivalents 850,000 0
Other assets 276,416 277,049
Total assets 8,591,016 7,594,022
Current liabilities:    
Accounts payable and accrued liabilities 793,152 759,031
Total current liabilities 793,152 759,031
Noncurrent liabilities:    
Long-term debt, net 1,430,282 597,176
Other long-term liabilities 155,475 150,816
Total liabilities 2,378,909 1,507,023
Stockholders’ equity:    
Common stock, $0.001 par value: 500,000,000 shares authorized; 193,268,870 and 192,300,101 shares issued and outstanding, respectively 193 192
Additional paid-in capital 5,966,868 5,956,582
Company common stock held by the Nonqualified Deferred Compensation Plan (10,450) (10,508)
Accumulated other comprehensive loss (4,237) (13,473)
Retained earnings 259,733 154,206
Total stockholders’ equity 6,212,107 6,086,999 [2]
Total liabilities and stockholders’ equity $ 8,591,016 $ 7,594,022
[1]
(1)December 31, 2025 balances were derived from the audited Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 26, 2026.
[2] The beginning balances for the three-month periods were derived from the audited Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on February 26, 2026.