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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Jun. 30, 2023
Current Assets      
Cash and equivalents $ 722,410 $ 1,261,363 $ 299,918
Accounts receivable, net of allowances for credit losses of $8.5 million, $13.2 million, and $8.8 million, respectively 839,419 1,081,827 890,882
Inventories 776,863 571,609 971,614
Prepaid expenses and other current assets 265,678 207,548 261,321
Total current assets 2,604,370 3,122,347 2,423,735
Noncurrent Assets      
Property, plant, and equipment, net 444,879 465,523 464,111
Right-of-use assets, net 292,362 313,191 296,231
Goodwill 1,383,406 1,384,512 1,384,245
Deferred income tax assets 293,748 299,157 480,062
Intangible assets, net 376,668 393,039 411,759
Other noncurrent assets 510,387 458,053 437,701
Total Assets 5,905,820 6,435,822 5,897,844
Current Liabilities      
Accounts payable 377,092 442,286 365,580
Accrued liabilities 628,330 866,283 656,097
Income taxes payable 5,741 33,911 9,404
Total current liabilities 1,011,163 1,342,480 1,031,081
Noncurrent Liabilities      
Long-term debt 2,332,169 2,329,986 2,327,807
Noncurrent lease liabilities 243,206 259,548 243,768
Other noncurrent liabilities 346,149 354,595 332,814
Total noncurrent liabilities 2,921,524 2,944,129 2,904,389
Stockholders' Equity      
Common stock $1.00 par value, 1.00 billion shares authorized; 441.4 million shares issued 441,369 441,369 441,369
Additional paid-in capital 1,755,660 1,774,911 1,770,597
Treasury stock at cost: 101.5 million shares, 87.4 million shares, and 92.9 million shares, respectively (2,379,419) (2,224,160) (2,120,765)
Retained earnings 3,090,640 3,062,061 2,768,425
Accumulated other comprehensive loss (935,117) (904,968) (897,252)
Total stockholders' equity 1,973,133 2,149,213 1,962,374
Total Liabilities and Stockholders' Equity $ 5,905,820 $ 6,435,822 $ 5,897,844