SUPPLEMENTAL BALANCE SHEET INFORMATION

3 Months Ended

Mar. 31, 2024

The components of certain asset accounts included within our Consolidated Balance Sheets are as follows:


	March 31, 2024		December 31, 2023
Inventories:
Raw materials	$	527,719	$	481,111
Goods in process	226,527		192,232
Finished goods	818,586		948,974
Inventories at First In First Out	1,572,832		1,622,317
Adjustment to Last In First Out	(434,975)		(281,321)
Total inventories	$	1,137,857	$	1,340,996

Prepaid expenses and other:
Prepaid expenses	$	129,654	$	227,567

Other current assets	393,738		118,021
Total prepaid expenses and other	$	523,392	$	345,588

Property, plant and equipment:
Land	$	180,547	$	180,751
Buildings	1,776,563		1,763,070
Machinery and equipment	4,000,536		3,861,006
Construction in progress	573,657		644,244
Property, plant and equipment, gross	6,531,303		6,449,071
Accumulated depreciation	(3,198,207)		(3,139,393)
Property, plant and equipment, net	$	3,333,096	$	3,309,678

Other non-current assets:
Pension	$	49,594	$	48,506
Capitalized software, net	371,254		360,205

Operating lease ROU assets	307,664		307,976
Investments in unconsolidated affiliates	190,419		207,177
Other non-current assets	152,134		137,563
Total other non-current assets	$	1,071,065	$	1,061,427


The components of certain liability and stockholders’ equity accounts included within our Consolidated Balance Sheets are as follows:
	March 31, 2024		December 31, 2023
Accounts payable:
Accounts payable—trade	$	532,335	$	630,536
Supplier finance program obligations	201,109		149,261
Other	212,556		306,386
Total accounts payable	$	946,000	$	1,086,183

Accrued liabilities:
Payroll, compensation and benefits	$	170,343	$	261,961
Advertising, promotion and product allowances	436,474		343,444
Operating lease liabilities	35,224		34,494

Other	230,434		227,916
Total accrued liabilities	$	872,475	$	867,815

Other long-term liabilities:
Post-retirement benefits liabilities	$	93,469	$	90,718
Pension benefits liabilities	26,104		28,949
Operating lease liabilities	276,417		277,089
Other	267,658		263,917
Total other long-term liabilities	$	663,648	$	660,673

Accumulated other comprehensive loss:
Foreign currency translation adjustments	$	(92,704)	$	(87,706)
Pension and post-retirement benefit plans, net of tax	(124,909)		(126,800)
Cash flow hedges, net of tax	(13,222)		(15,572)
Total accumulated other comprehensive loss	$	(230,835)	$	(230,078)