Details of Certain Consolidated Balance Sheet Captions

12 Months Ended

Dec. 31, 2023

Details of Certain Consolidated Balance Sheet Captions [Abstract]

Details of Certain Consolidated Balance Sheet Captions

DETAILS OF CERTAIN CONSOLIDATED BALANCE SHEET CAPTIONS

The following tables present financial information of certain consolidated balance sheets captions.

Accounts Receivable, net — Accounts receivable, net were:


	December 31,
	2023		2022
	(Amounts in thousands)
Trade accounts receivables	$	935,297	$	919,045
Less: allowance for expected credit losses	(67,487)		(66,444)

Other short-term receivables	26,585		32,649
Less: allowance for expected credit losses	(12,526)		(16,618)
Accounts receivable, net	$	881,869	$	868,632

Property, Plant and Equipment, net — Property, plant and equipment, net were:


	December 31,
	2023		2022
	(Amounts in thousands)
Land	$	60,312	$	60,669
Buildings and improvements	427,332		425,019
Machinery, equipment and tooling	781,771		750,933
Software, furniture and fixtures and other	395,194		437,280
Gross property, plant and equipment	1,664,609		1,673,901
Less: accumulated depreciation	(1,158,451)		(1,172,956)



Property, plant and equipment, net	$	506,158	$	500,945

Accrued Liabilities — Accrued liabilities were:


	December 31,
	2023		2022
	(Amounts in thousands)
Wages, compensation and other benefits	$	264,914	$	175,898
Commissions and royalties	20,570		18,526


Warranty costs and late delivery penalties	26,521		21,850
Sales and use tax	25,880		29,092
Income tax	24,643		32,968
Other	141,902		149,244
Accrued liabilities	$	504,430	$	427,578

"Other" accrued liabilities include professional fees, lease obligations, insurance, interest, freight, accrued cash dividends payable, legal and environmental matters, derivative liabilities, restructuring reserves and other items, none of which individually exceed 5% of current liabilities.

Retirement Obligations and Other Liabilities — Retirement obligations and other liabilities were:


	December 31,
	2023		2022
	(Amounts in thousands)
Pension and postretirement benefits	$	202,583	$	142,204
Deferred taxes	1,335		7,901
Legal and environmental	93,989		90,207
Uncertain tax positions and other tax liabilities	51,584		37,604
Other	39,629		31,613
Retirement obligations and other liabilities	$	389,120	$	309,529

"Other" includes derivative liabilities, deferred compensation liabilities, asset retirement obligations, insurance-related liabilities and other items, none of which exceed 5% of total liabilities.