XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Current Assets      
Cash and equivalents $ 536,631 $ 731,362 $ 615,238
Accounts receivable, net of allowances for credit losses of $13.1 million, $13.1 million and $10.7 million, respectively 862,236 1,072,684 680,642
Inventories 969,166 777,184 626,469
Prepaid expenses and other current assets 267,666 293,299 187,186
Total current assets 2,635,699 2,874,529 2,109,535
Noncurrent Assets      
Property, plant, and equipment, net 451,981 455,966 451,001
Right-of-use assets, net 339,681 325,484 294,819
Goodwill 1,387,137 1,390,207 1,392,289
Deferred income tax assets 515,004 526,906 71,157
Intangible assets, net 463,752 476,858 509,844
Other noncurrent assets 354,113 343,944 290,305
Total Assets 6,147,367 6,393,894 5,118,950
Current Liabilities      
Short-term borrowings 0 0 878
Current portion of long-term debt 250,000 0 0
Accounts payable 478,643 579,152 361,902
Accrued liabilities 799,357 991,592 689,686
Income taxes payable 16,710 27,509 30,106
Total current liabilities 1,544,710 1,598,253 1,082,572
Noncurrent Liabilities      
Long-term debt 2,322,150 2,570,992 2,837,732
Noncurrent lease liabilities 296,387 283,626 255,670
Other noncurrent liabilities 366,053 372,174 452,411
Total noncurrent liabilities 2,984,590 3,226,792 3,545,813
Stockholders’ Equity      
Common stock $1.00 par value, 1.0 billion shares authorized; 441.4 million shares issued 441,369 441,369 441,369
Additional paid-in capital 1,804,761 1,832,144 1,836,958
Treasury stock at cost: 88.9 million shares, 92.6 million shares and 90.7 million shares, respectively (2,176,904) (2,219,990) (2,267,961)
Retained earnings 2,475,250 2,456,597 1,441,225
Accumulated other comprehensive loss (926,409) (941,271) (961,026)
Total stockholders’ equity 1,618,067 1,568,849 490,565
Total Liabilities and Stockholders’ Equity $ 6,147,367 $ 6,393,894 $ 5,118,950