v3.26.3
BALANCE SHEET COMPONENTS
 9 Months Ended
Sep. 30, 2026
Disclosure Text Block Supplement [Abstract]  
BALANCE SHEET COMPONENTS BALANCE SHEET COMPONENTS
A summary of certain balance sheet components as of September 30, 2026 and December 31, 2025 were as follows:
As of
September 30,
2026		December 31,
2025
(In thousands)
Inventories:
Raw materials$323,029 $245,487 
Work-in-process
991 14,665 
Finished goods124,804 43,393 
Inventories
$448,824 $303,545 
Other assets:
Long-term investments$145,037 $67,517 
ROU lease assets221,483 175,964 
Other long-term assets393,140 337,891 
Other assets$759,660 $581,372 
Other long-term liabilities:
Operating lease liabilities$179,275 $136,289 
Deferred income taxes
347,500 47,997 
Other accrued liabilities
233,608 223,243 
Other long-term liabilities$760,383 $407,529 
The increase in deferred income taxes was primarily driven by the recognition of deferred tax liabilities associated with identifiable intangible assets acquired with the D&E business of Hexagon. For additional information on Cadence’s acquisitions, see Note 2 in the notes to condensed consolidated financial statements.