v3.26.3
INVENTORIES
9 Months Ended
Sep. 30, 2026
INVENTORIES  
INVENTORIES

NOTE 8 — INVENTORIES

Inventories in the Condensed Consolidated Balance Sheets are comprised of the following components:

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September 30, 2026

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December 31, 2025

Raw materials

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$

157,837

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$

164,440

Work-in-process

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171,968

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124,351

Finished goods

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369,575

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344,573

Total

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$

699,380

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$

633,364

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At September 30, 2026 and December 31, 2025, approximately 37% and 38%, respectively, of total inventories were valued using the last-in, first-out ("LIFO") method. The excess of current cost over LIFO cost was $145,501 and $138,589 at September 30, 2026 and December 31, 2025, respectively.