v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Current Assets      
Cash and equivalents $ 523,856 $ 1,242,927 $ 870,452
Accounts receivable, net of allowances for credit losses of $9.6 million, $8.6 million, and $17.4 million, respectively 820,320 1,097,604 792,495
Inventories 829,798 563,142 867,898
Prepaid expenses and other current assets 279,450 227,116 268,196
Total current assets 2,453,424 3,130,789 2,799,041
Noncurrent Assets      
Property, plant, and equipment, net 635,582 590,015 527,264
Right-of-use assets, net 384,665 319,548 313,769
Goodwill 1,582,369 1,390,169 1,392,093
Deferred income tax assets 332,171 312,913 307,068
Identifiable intangible assets, net 471,710 337,105 354,226
Other noncurrent assets 497,102 559,843 555,434
Total Assets 6,357,023 6,640,382 6,248,895
Current Liabilities      
Current portion of long-term debt 0 0 598,873
Accounts payable 448,044 555,403 419,478
Accrued liabilities 834,706 872,928 703,493
Income taxes payable 7,061 29,851 4,210
Total current liabilities 1,289,811 1,458,182 1,726,054
Noncurrent Liabilities      
Long-term debt 2,333,889 2,331,675 1,737,660
Noncurrent lease liabilities 334,749 268,351 264,875
Other noncurrent liabilities 400,456 349,126 348,447
Total noncurrent liabilities 3,069,094 2,949,152 2,350,982
Stockholders' Equity      
Common stock $1.00 par value, 1.00 billion shares authorized; 441.4 million shares issued 441,369 441,369 441,369
Additional paid-in capital 1,742,846 1,787,790 1,756,671
Treasury stock at cost: 155.7 million shares, 119.1 million shares, and 140.0 million shares, respectively (3,350,472) (3,107,007) (2,726,182)
Retained earnings 4,044,277 4,001,462 3,616,911
Accumulated other comprehensive loss (879,902) (890,566) (916,910)
Total stockholders' equity 1,998,118 2,233,048 2,171,859
Total Liabilities and Stockholders' Equity $ 6,357,023 $ 6,640,382 $ 6,248,895