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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 238,567 $ 222,848
Accounts receivable, net 448,897 443,467
Inventories 636,908 626,216
Prepaid expenses and other current assets 94,826 107,471
Prepaid taxes 18,890 7,404
Total current assets 1,438,088 1,407,406
Property, plant and equipment, net 491,996 479,913
Operating lease assets 112,010 123,521
Goodwill 2,892,629 2,914,055
Intangible assets, net 2,379,916 2,501,960
Deferred tax assets 6,424 6,748
Other assets 120,577 98,943
Total assets 7,441,640 7,532,546
Current liabilities    
Current borrowings 93,750 87,500
Accounts payable 113,450 132,247
Accrued expenses 153,403 146,880
Payroll and benefit-related liabilities 113,112 146,535
Accrued interest 5,771 5,583
Income taxes payable 19,731 41,453
Other current liabilities 57,534 46,547
Total current liabilities 556,751 606,745
Long-term borrowings 1,624,222 1,727,572
Deferred tax liabilities 453,028 456,080
Pension and postretirement benefit liabilities 23,026 23,989
Noncurrent liability for uncertain tax positions 3,271 3,370
Noncurrent operating lease liabilities 102,572 111,300
Other liabilities 120,051 162,502
Total liabilities 2,882,921 3,091,558
Commitments and contingencies
Total shareholders' equity 4,558,719 4,440,988
Total liabilities and shareholders' equity $ 7,441,640 $ 7,532,546