v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 300,159 $ 378,564
Accounts receivable, net 364,609 345,583
Inventories 351,912 404,395
Prepaid expenses and other current assets 148,222 150,678
Prepaid taxes 36,458 19,566
Current assets of discontinued operations 674,516 639,552
Total current assets 1,875,876 1,938,338
Property, plant and equipment, net 475,637 498,281
Operating lease assets 77,158 91,817
Goodwill 2,292,435 2,305,050
Intangible assets, net 1,448,669 1,524,150
Deferred tax assets 12,642 12,593
Other assets 120,310 112,984
Non-current assets of discontinued operations 484,051 464,026
Total assets 6,786,778 6,947,239
Current liabilities    
Current borrowings 87,500 100,000
Accounts payable 143,292 130,201
Accrued expenses 134,170 117,350
Payroll and benefit-related liabilities 110,214 124,769
Accrued interest 3,558 5,404
Income taxes payable 17,787 18,787
Other current liabilities 88,364 137,195
Current liabilities of discontinued operations 135,494 128,320
Total current liabilities 720,379 762,026
Long-term borrowings 2,720,509 2,541,449
Deferred tax liabilities 146,141 183,749
Noncurrent liability for uncertain tax positions 3,802 3,536
Noncurrent operating lease liabilities 64,540 84,210
Other liabilities 174,899 194,532
Non-current liabilities of discontinued operations 51,974 52,969
Total liabilities 3,882,244 3,822,471
Commitments and contingencies
Total shareholders' equity 2,904,534 3,124,768
Total liabilities and shareholders' equity $ 6,786,778 $ 6,947,239