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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows From Operating Activities:    
Net Income (Loss) $ 677,154 $ (5,473)
Adjustments to reconcile net income (loss) to net cash flows used for operating activities:    
Depreciation 108,848 120,073
Amortization 28,572 29,465
Share-based compensation 46,493 39,946
Bad debt expense 1,191 7,822
Inventory obsolescence 27,411 31,068
Deferred income taxes (39,064) 8,777
Income from equity method investments (11,143) (6,425)
Loss on extinguishment of long-term borrowings 101,695 0
(Gain) loss on sale of assets/business, net (22,965) 2,284
Release of valuation allowances on deferred tax assets (492,191) 0
Changes in assets and liabilities:    
Accounts receivable (431,337) (429,584)
Inventories (393,349) (204,822)
Prepaid expenses and other current assets (11,252) (6,721)
Accounts payable, accrued liabilities, and income taxes payable 161,884 (40,495)
Other, net (7,823) 12,075
Net cash flows used for operating activities (255,876) (442,010)
Cash Flows From Investing Activities:    
Purchases of tools, dies, and molds (53,678) (42,371)
Purchases of other property, plant, and equipment (61,531) (40,059)
Payments of foreign currency forward exchange contracts, net (1,229) (26,982)
Proceeds from sale of assets/business 43,479 1,587
Other, net 1,479 696
Net cash flows used for investing activities (71,480) (107,129)
Cash Flows From Financing Activities:    
Proceeds from short-term borrowings, net 127,031 400,000
Payments of long-term borrowings (1,575,997) 0
Proceeds from long-term borrowings, net 1,184,913 0
Option proceeds and tax withholdings for share-based compensation, net (14,223) (6,968)
Other, net (1,640) 388
Net cash flows (used for) provided by financing activities (279,916) 393,420
Effect of Currency Exchange Rate Changes on Cash and Equivalents (6,401) (22,142)
Decrease in Cash and Equivalents (613,673) (177,861)
Cash and Equivalents at Beginning of Period 762,181 630,028
Cash and Equivalents at End of Period $ 148,508 $ 452,167