XML 50 R39.htm IDEA: XBRL DOCUMENT v3.25.3
Fair Value Measures and Disclosures (Tables)
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping
Our assets and liabilities measured at fair value on a recurring basis consisted of the following Level 1, 2 and 3 inputs as defined above (in thousands):
 
Fair value measurements as of September 30, 2025
 Total carrying
value		Quoted prices
in active
markets for
identical
assets (level 1)		Significant
other
observable
inputs (level 2)		Significant
unobservable
inputs (level 3)
Assets:
Foreign exchange contracts:
Prepaid expenses and other current assets$3,400 $— $3,400 $— 
Other assets28 — 28 — 
Interest rate contracts:
Prepaid expenses and other current assets3,977 — 3,977 — 
Total Assets$7,405 $— $7,405 $— 
Liabilities:
Foreign exchange contracts:
Accrued liabilities$1,265 $— $1,265 $— 
Other long-term liabilities23 — 23 — 
Interest rate contracts:
Other long-term liabilities2,384 — 2,384 — 
Total Liabilities$3,672 $— $3,672 $— 


 
Fair value measurements as of December 31, 2024
 Total carrying
value		Quoted prices
in active
markets for
identical
assets (level 1)		Significant
other
observable
inputs (level 2)		Significant
unobservable
inputs (level 3)
Assets:
Foreign exchange contracts:
Prepaid expenses and other current assets$6,716 $— $6,716 $— 
Interest rate contracts:
Prepaid expenses and other current assets11,038 — 11,038 — 
Other assets5,724 — 5,724 — 
Total Assets$23,478 $— $23,478 $— 
Liabilities:
Foreign exchange contracts:
Accrued liabilities$7,391 $— $7,391 $— 
Total Liabilities$7,391 $— $7,391 $— 

Nonrecurring Fair Value Measurements

We measure certain items on a nonrecurring basis due to particular circumstances or when specific transactions occur such as a retained investment resulting from a partial sale. On May 1, 2025, we measured our retained equity method investment in Otsuka ICU Medical LLC (see Note 11: Investment Securities) at fair value in connection to the sale of a 60%
interest of our IV Solutions business (see Note 4: Assets Held for Sale and Disposal of Business). The fair value was estimated using a market-based approach and is classified as a Level 3 fair value measurement.