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Fair Value of Financial Instruments (Tables) | 6 Months Ended
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Jun. 30, 2025
Fair Value Disclosures [Abstract] |
Fair Value of Long-Term Debt | The carrying value of our remaining long-term debt reported in the accompanying consolidated balance sheets approximates fair value as substantially all of such debt bears interest based on prevailing variable market rates currently available in the countries in which we have borrowings.
| June 30, 2025 |  | December 31, 2024
| Recorded Amount |  | Fair Value |  | Recorded Amount |  | Fair Value
| (In thousands)
Long-term debt | $ | 3,638,202 |  |  | $ | 3,435,491 |  |  | $ | 3,532,713 |  |  | $ | 3,332,064 |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The following table summarizes the fair value of our derivative financial instruments included in the consolidated balance sheets as of June 30, 2025 and December 31, 2024 (in thousands):
| June 30, 2025 |  | December 31, 2024
| Assets |  | Liabilities |  | Assets |  | Liabilities
Not designated as hedging instruments |  |  |  |  |  |  |
Other current assets | $ | 3,982 |  |  | $ | — |  |  | $ | 4,347 |  |  | $ | — |
Accrued expenses | — |  |  | 3,776 |  |  | — |  |  | 6,586 |
Other noncurrent liabilities | — |  |  | 4,703 |  |  | — |  |  | 4,766 |
Total not designated as hedging instruments | $ | 3,982 |  |  | $ | 8,479 |  |  | $ | 4,347 |  |  | $ | 11,352 |
Derivative Instruments, Losses | The following table summarizes the net gains (losses) recognized for our derivative financial instruments during the three-month and six-month periods ended June 30, 2025 and 2024 (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Designated as hedging instruments |  |  |  |  |  |  |
Gain (loss) recognized in Other comprehensive income (loss) | $ | 165 |  |  | $ | 4,060 |  |  | $ | (66) |  |  | $ | (17,282) |
Gain (loss) recognized in Other (expenses) income, net | $ | 272 |  |  | $ | (2,557) |  |  | $ | 148 |  |  | $ | (5,239) |
Not designated as hedging instruments |  |  |  |  |  |  |
Gain (loss) recognized in Other (expenses) income, net(a) | $ | 112,344 |  |  | $ | (1,847) |  |  | $ | 164,422 |  |  | $ | 12,975 |
(a) Fluctuations in the value of our foreign currency forward contracts not designated as hedging instruments are generally expected to be offset by changes in the value of the underlying exposures being hedged, which are also reported in Other (expenses) income, net.

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
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