SUPPLEMENTAL BALANCE SHEET INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

Supplemental balance sheet information related to leases were as follows:


Leases	Classification	2024		2023
Assets
Operating lease ROU assets	Other non-current assets	$	337,739	$	307,976

Finance lease ROU assets, at cost	Property, plant and equipment, gross	87,999		89,335
Accumulated amortization	Accumulated depreciation	(25,515)		(19,472)
Finance lease ROU assets, net	Property, plant and equipment, net	62,484		69,863

Total leased assets		$	400,223	$	377,839

Liabilities
Current
Operating	Accrued liabilities	$	40,636	$	34,494
Finance	Current portion of long-term debt	5,666		5,900
Non-current
Operating	Other long-term liabilities	304,767		277,089
Finance	Long-term debt	68,136		70,485
Total lease liabilities		$	419,205	$	387,968


December 31,	2024		2023
Inventories:
Raw materials	$	477,592	$	481,111
Goods in process	204,674		192,232
Finished goods	990,785		948,974
Inventories at FIFO	1,673,051		1,622,317
Adjustment to LIFO	(418,957)		(281,321)
Total inventories	$	1,254,094	$	1,340,996

Prepaid expenses and other:
Prepaid expenses	$	269,792	$	227,567

Other current assets	704,423		118,021
Total prepaid expenses and other	$	974,215	$	345,588

Property, plant and equipment:
Land	$	194,502	$	180,751
Buildings	1,991,937		1,763,070
Machinery and equipment	4,147,530		3,861,006
Construction in progress	478,842		644,244
Property, plant and equipment, gross	6,812,811		6,449,071
Accumulated depreciation	(3,353,958)		(3,139,393)
Property, plant and equipment, net	$	3,458,853	$	3,309,678

Other non-current assets:
Pension	$	41,298	$	48,506
Capitalized software, net	367,087		360,205

Operating lease ROU assets	337,739		307,976
Investments in unconsolidated affiliates	212,928		207,177
Other non-current assets	152,815		137,563
Total other non-current assets	$	1,111,867	$	1,061,427


The components of certain liability and stockholders’ equity accounts included within our Consolidated Balance Sheet accounts are as follows:
December 31,	2024		2023
Accounts Payable:
Accounts Payable—trade	$	807,918	$	630,536
Supplier finance program obligations	215,122		149,261
Other	136,137		306,386
Total accounts payable	$	1,159,177	$	1,086,183

Accrued liabilities:
Payroll, compensation and benefits	$	226,774	$	261,961
Advertising, promotion and product allowances	359,986		343,444
Operating lease liabilities	40,636		34,494

Other	179,945		227,916
Total accrued liabilities	$	807,341	$	867,815

Other long-term liabilities:
Post-retirement benefits liabilities	$	87,006	$	90,718
Pension benefits liabilities	33,837		28,949
Operating lease liabilities	304,767		277,089
Other	262,649		263,917
Total other long-term liabilities	$	688,259	$	660,673

Accumulated other comprehensive loss:
Foreign currency translation adjustments	$	(177,741)	$	(87,706)
Pension and post-retirement benefit plans, net of tax	(122,098)		(126,800)
Cash flow hedges, net of tax	(4,051)		(15,572)
Total accumulated other comprehensive loss	$	(303,890)	$	(230,078)