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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 340,682 $ 456,929
Trade accounts and notes receivable, net of allowance for credit losses of $5,892 and $6,412 424,494 457,052
Inventories, net 625,668 607,051
Deferred tax charges and refundable income taxes 53,078 63,879
Assets held-for-sale 7,995 278,753
Other current assets 123,530 113,663
Total current assets 1,575,447 1,977,327
Property, plant and equipment, net of accumulated depreciation of $948,011 and $908,089 1,473,809 1,468,043
Other assets:    
Right-of-use assets - Operating lease 62,580 57,990
Right-of-use assets - Finance lease 21,849 22,409
Goodwill 3,944,347 3,945,860
Intangible assets, net of accumulated amortization of $858,640 and $808,298 1,231,289 1,281,969
Deferred tax assets and other noncurrent tax assets 24,695 31,432
Other 30,707 27,561
Total assets 8,364,723 8,812,591
Current liabilities:    
Accounts payable 131,150 134,211
Accrued payroll and related benefits 70,471 109,559
Accrued interest payable 64,817 24,759
Liabilities held-for-sale 933 19,223
Other accrued liabilities 131,556 148,840
Income taxes payable 71,055 77,403
Total current liabilities 469,982 513,995
Total long-term debt, net 4,172,942 4,577,141
Pension benefit obligations and other liabilities 52,199 53,733
Deferred tax liabilities and other noncurrent tax liabilities 166,766 190,142
Long term lease liability - Operating lease 53,690 49,719
Long term lease liability - Finance lease $ 18,974 $ 19,267
Preferred stock, shares outstanding 0 0
Preferred stock, shares authorized 5,000,000 5,000,000
Preferred stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 400,000,000 400,000,000
Common stock, par value $ 0.01 $ 0.01
Treasury stock, shares outstanding 202,400 202,400
Preferred stock, shares issued 0 0
Equity:    
Preferred stock, par value $.01; $5,000,000 shares authorized; none issued and outstanding as of March 30, 2024 and December 31, 2023 $ 0 $ 0
Common stock, par value $.01; 400,000,000 shares authorized; issued and outstanding shares as of March 30, 2024: $150,970,769 and $150,768,369, respectively; issued and outstanding shares as of December 31, 2023: $150,566,007 and $150,363,607, respectively 1,510 1,506
Treasury stock, at cost: $202,400 shares held as of March 30, 2024 and December 31, 2023 (7,112) (7,112)
Additional paid-in capital 2,307,816 2,305,367
Retained earnings 1,181,991 1,151,765
Accumulated other comprehensive loss (54,035) (42,932)
Total equity 3,430,170 3,408,594
Total liabilities and equity $ 8,364,723 $ 8,812,591