v3.26.1
OTHER CURRENT AND LONG-TERM ASSETS
6 Months Ended
Jun. 30, 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)June 30, 2026December 31, 2025
Contract assets, net (1)
$82,279 $75,828 
Consideration paid to customers
80,053 73,563 
Prepaid expenses61,959 57,900 
Taxes receivable32,308 64,985 
Other assets37,295 31,347 
Total other current assets$293,894 $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)June 30, 2026December 31, 2025
Contract assets, net (1)
$250,364 $236,906 
Consideration paid to customers191,715 176,583 
Equity investments28,793 31,760 
Investments in long-term product supply arrangements25,149 26,721 
Deferred income taxes22,672 27,871 
Other assets49,036 42,636 
Total other long-term assets$567,729 $542,477 
(1) Contract assets, net, are net of allowances for credit losses. Refer to "Note 6. Credit Losses."