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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Current Assets      
Cash and equivalents $ 455,735 $ 761,235 $ 348,970
Accounts receivable, net of allowances for credit losses of $12.5 million, $12.5 million, and $27.6 million, respectively 1,571,047 860,221 1,381,534
Inventories 790,521 894,064 1,083,769
Prepaid expenses and other current assets 224,796 213,515 268,886
Total current assets 3,042,099 2,729,035 3,083,159
Noncurrent Assets      
Property, plant, and equipment, net 457,202 469,132 444,442
Right-of-use assets, net 286,019 318,680 323,490
Goodwill 1,380,042 1,378,551 1,370,986
Deferred income tax assets 230,415 471,672 439,965
Intangible assets, net 397,821 425,100 426,283
Other noncurrent assets 450,956 385,491 379,850
Total Assets 6,244,554 6,177,661 6,468,175
Current Liabilities      
Current portion of long-term debt 0 0 250,000
Accounts payable 450,109 471,475 495,221
Accrued liabilities 803,081 678,689 780,522
Income taxes payable 51,366 37,584 50,366
Total current liabilities 1,304,556 1,187,748 1,576,109
Noncurrent Liabilities      
Long-term debt 2,328,897 2,325,644 2,324,459
Noncurrent lease liabilities 234,699 271,418 279,525
Other noncurrent liabilities 340,936 336,582 320,618
Total noncurrent liabilities 2,904,532 2,933,644 2,924,602
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 1,745,170 1,808,308 1,795,720
Treasury stock at cost: 88.1 million shares, 87.0 million shares, and 87.0 million shares, respectively (2,131,676) (2,129,639) (2,130,163)
Retained earnings 2,914,744 2,847,709 2,831,572
Accumulated other comprehensive loss (934,141) (911,478) (971,034)
Total stockholders' equity 2,035,466 2,056,269 1,967,464
Total Liabilities and Stockholders' Equity $ 6,244,554 $ 6,177,661 $ 6,468,175