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Short-Term Bank Credit And Loans (Tables) | 12 Months Ended
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Dec. 31, 2025
Short-Term Debt [Abstract] |
Schedule Of Short-Term Bank Credit And Loans |
| Interest % |  | December 31, 2025 |  | December 31, 2024
Loans | SOFR + 1.0% - 1.5% |  | $ | — |  |  | $ | 100,179 |
Commercial papers, Series A and B (*) | SOFR + 1.0% - 1.25% |  | 48,410 |  |  | 350,000 |
Bank credit | SOFR + 1.0% - 1.5% |  | 2,122 |  |  | 677 |
|  |  | $ | 50,532 |  |  | $ | 450,856 |
As of December 31, 2025 the SOFR rate of short-term loans w as 3.87%. (*) In 2023, the Company completed an issuance in Israel of a U.S. Dollar denominated commercial paper series A in an aggregate par value amount of approximately $313,620. The Series A commercial paper bears annual interest at the three-months SOFR rate plus a margin of 1%. The series A commercial paper has an original maturity of 90 days, which may be extended for additional 90-days periods, up to a maximum cumulative term of 5 years. The Series A commercial paper is subject to early repayment at the request of an investor upon seven business days' notice, or at the Company's discretion, upon a twenty-one days' prior notice. During 2024, the Company issued additional amounts of series A commercial paper and repaid certain portions thereof. In September 2024, the Company completed an issuance in Israel of a U.S. Dollar denominated commercial paper series B in a par value amount of $110 million. The Series B commercial paper bears annual interest at the three-month SOFR rate plus a margin of 1.25%. The series B commercial paper is has an original maturity of 90 days and may be extended for additional 90 days periods, up to a maximum cumulative term of 5 years. The Series B commercial paper is subject to early repayment at the request of an investor upon thirty days' notice, or at the Company's discretion upon twenty-one days notice. In June 2025, the Company repaid the entire outstanding Series B commercial paper in an aggregate par value amount of $110 million. In addition, during 2025 the Company repaid an additional aggregate par value amount of approximately $191.6 million of Series A commercial paper. The Series A commercial paper is not listed on any stock exchange. As of December 31, 2025, the issued and outstanding par value of Series A commercial paper amounted to approximately $ 48,400.

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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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- References No definition available. + Details
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