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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,361,593 $ 1,279,194
Marketable securities 188,878 173,288
Accounts receivable, net 610,654 656,847
Inventories 1,478,997 1,515,045
Deferred costs 14,573 14,862
Prepaid expenses and other current assets 309,303 315,915
Total current assets 3,963,998 3,955,151
Property and equipment, net of accumulated depreciation of $934,438 and $904,922, respectively 1,165,035 1,147,005
Operating lease right-of-use assets 134,569 138,040
Noncurrent marketable securities 1,163,989 1,208,360
Deferred income tax assets 455,095 441,071
Noncurrent deferred costs 9,504 9,831
Goodwill 571,534 567,994
Other intangible assets, net 172,685 178,461
Other noncurrent assets 89,622 85,257
Total assets 7,726,031 7,731,170
Current liabilities:    
Accounts payable 208,796 212,417
Salaries and benefits payable 164,812 176,114
Accrued warranty costs 52,675 50,952
Accrued sales program costs 58,332 97,772
Other accrued expenses 178,264 197,376
Deferred revenue 90,568 91,092
Income taxes payable 254,753 246,180
Dividend payable 0 139,732
Total current liabilities 1,008,200 1,211,635
Deferred income tax liabilities 131,753 129,965
Noncurrent income taxes payable 34,936 34,627
Noncurrent deferred revenue 34,378 35,702
Noncurrent operating lease liabilities 111,388 114,541
Other noncurrent liabilities 372 360
Stockholders’ equity:    
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 191,450 shares outstanding at April 1, 2023 and 191,623 shares outstanding at December 31, 2022 17,979 17,979
Additional paid-in capital 2,048,339 2,042,472
Treasury stock (6,627 and 6,454 shares, respectively) (510,478) (475,095)
Retained earnings 4,935,730 4,733,517
Accumulated other comprehensive (loss) income (86,566) (114,533)
Total stockholders’ equity 6,405,004 6,204,340
Total liabilities and stockholders’ equity $ 7,726,031 $ 7,731,170