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Supplemental Balance Sheet Information
6 Months Ended
Dec. 31, 2023
Supplemental Balance Sheet Information [Abstract]  
Supplemental Balance Sheet Information Supplemental Balance Sheet Information
Components of selected captions in the condensed consolidated balance sheets consisted of the following (in thousands):
InventoriesDecember 31,
2023
June 30,
2023
Raw materials$467,223 $459,126 
Work in progress2,942 3,956 
Finished goods463,049 534,930 
Total inventories$933,214 $998,012 
Prepaid expenses and other current assetsDecember 31,
2023
June 30,
2023
Prepaid taxes$128,649 $114,009 
Prepaid inventories196,595 143,084 
Other prepaid expenses and current assets179,632 179,925 
Total prepaid expenses and other current assets$504,876 $437,018 
Property, Plant and EquipmentDecember 31,
2023
June 30,
2023
Property, plant and equipment, at cost$1,266,106 $1,205,868 
Accumulated depreciation and amortization(714,372)(668,012)
Property, plant and equipment, net$551,734 $537,856 
Other Intangible Assets December 31,
2023
June 30,
2023
Developed/core product technology$419,263 $398,740 
Accumulated amortization(302,043)(265,802)
Developed/core product technology, net117,220 132,938 
Customer relationships461,423 443,652 
Accumulated amortization(158,082)(124,220)
Customer relationships, net303,341 319,432 
Other intangibles263,176 244,373 
Accumulated amortization(155,559)(144,402)
Other intangibles, net107,617 99,971 
Total other intangibles, net$528,178 $552,341 
Intangible assets consist of developed/core product technology, trade names, non-compete agreements, customer relationships, and patents, which we amortize over the estimated useful life of the assets, generally between two years to fifteen years. There are no expected residual values related to these intangible assets.
During the three months ended December 31, 2023, we impaired $18.6 million of developed/core product technology intangible assets, $14.5 million of customer relationship intangible assets, and $0.1 million of other intangibles associated with restructuring activities. These non-cash charges were recorded within restructuring expenses in the condensed consolidated statements of operations. Refer to Note 11, Restructuring Expenses, for the facts and circumstances leading to the impairments. We did not record any intangible asset impairments during the three and six months ended December 31, 2022.