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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Current Assets      
Cash and equivalents $ 723,532 $ 1,261,363 $ 455,735
Accounts receivable, net of allowances for credit losses of $8.2 million, $12.5 million, and $8.8 million, respectively 1,477,364 1,081,827 1,571,047
Inventories 737,182 571,609 790,521
Prepaid expenses and other current assets 242,302 207,548 224,796
Total current assets 3,180,380 3,122,347 3,042,099
Noncurrent Assets      
Property, plant, and equipment, net 513,769 465,523 457,202
Right-of-use assets, net 277,627 313,191 286,019
Goodwill 1,388,991 1,384,512 1,380,042
Deferred income tax assets 260,180 299,157 230,415
Intangible assets, net 374,706 393,039 397,821
Other noncurrent assets 518,080 458,053 450,956
Total Assets 6,513,733 6,435,822 6,244,554
Current Liabilities      
Accounts payable 439,203 442,286 450,109
Accrued liabilities 803,204 866,283 803,081
Income taxes payable 56,212 33,911 51,366
Total current liabilities 1,298,619 1,342,480 1,304,556
Noncurrent Liabilities      
Long-term debt 2,333,260 2,329,986 2,328,897
Noncurrent lease liabilities 229,223 259,548 234,699
Other noncurrent liabilities 339,685 354,595 340,936
Total noncurrent liabilities 2,902,168 2,944,129 2,904,532
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 1,759,000 1,774,911 1,745,170
Treasury stock at cost: 104.5 million shares, 88.1 million shares, and 92.9 million shares, respectively (2,434,734) (2,224,160) (2,131,676)
Retained earnings 3,463,016 3,062,061 2,914,744
Accumulated other comprehensive loss (915,705) (904,968) (934,141)
Total stockholders' equity 2,312,946 2,149,213 2,035,466
Total Liabilities and Stockholders' Equity $ 6,513,733 $ 6,435,822 $ 6,244,554