v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 65,651 $ 181,753
Accounts receivable, less allowances of $40,910 and $42,511, respectively 1,296,685 1,061,011
Other receivables 330,256 330,013
Inventories, net 1,271,813 1,094,684
Contract assets 147,004 133,011
Other current assets 132,509 126,811
Total current assets 3,243,918 2,927,283
Property, plant and equipment, net 2,113,241 2,204,184
Operating lease right-of-use assets, net 607,235 622,188
Goodwill 4,149,994 4,137,377
Intangible assets, net 1,048,495 1,183,793
Deferred income taxes 23,546 23,000
Other assets, net 137,380 139,705
Total assets 11,323,809 11,237,530
Current liabilities:    
Accounts payable 1,032,213 714,710
Accrued liabilities 480,863 566,325
Contract liabilities 175,514 168,440
Current portion of operating lease liabilities 112,892 111,132
Current maturities of long-term debt 11,923 14,334
Total current liabilities 1,813,405 1,574,941
Noncurrent portion of operating lease liabilities 534,008 547,772
Long-term debt, net of current maturities, discounts and issuance costs 4,579,391 4,427,033
Deferred income taxes 238,241 177,975
Other long-term liabilities 153,589 157,558
Total liabilities 7,318,634 6,885,279
Commitments and contingencies (Note 11)
Stockholders equity:    
Preferred stock, $0.01 par value, 10,000 shares authorized; zero shares issued and outstanding
Common stock, $0.01 par value, 300,000 shares authorized; 107,594 and 110,585 shares issued and outstanding, respectively 1,076 1,106
Additional paid-in capital 4,007,999 4,197,279
Retained earnings (accumulated deficit) (3,900) 153,866
Total stockholders equity 4,005,175 4,352,251
Total liabilities and stockholders equity $ 11,323,809 $ 11,237,530