CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current Assets:
Cash and cash equivalents	$ 225,427	$ 385,042
Receivables, net	976,885	835,037
Inventories, net	636,883	541,442
Other current assets	87,931	88,073
Total current assets	1,927,126	1,849,594
Property, plant, and equipment, net	364,188	339,118
Goodwill	1,692,772	1,675,718
Other intangible assets, net	550,202	596,831
Operating lease right-of-use assets, net	185,443	169,350
Prepaid pension asset	321,679	299,130
Other assets	60,622	55,963
Total assets	5,102,032	4,985,704
Current liabilities:
Current portion of long-term and short-term debt	0	90,000
Accounts payable	270,333	247,185
Accrued expenses	227,622	219,054
Deferred revenue	503,583	459,421
Other current liabilities	99,675	80,288
Total current liabilities	1,101,213	1,095,948
Long-term debt	968,632	958,949
Deferred tax liabilities, net	145,081	140,659
Accrued pension and other postretirement benefit costs	73,763	67,413
Long-term operating lease liability	164,764	148,175
Other liabilities	119,098	124,761
Total liabilities	2,572,551	2,535,905
Stockholders' Equity
Common stock, $1 par value, 100,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 49,187,378 shares issued as of September 30, 2025 and December 31, 2024; outstanding shares were 37,107,195 as of September 30, 2025 and 37,650,645 as of December 31, 2024	49,187	49,187
Additional paid in capital	160,420	147,940
Retained earnings	4,182,422	3,861,073
Accumulated other comprehensive loss	(185,928)	(243,225)
Common treasury stock, at cost (12,080,183 shares as of September 30, 2025 and 11,536,733 shares as of December 31, 2024)	(1,676,620)	(1,365,176)
Total stockholders’ equity	2,529,481	2,449,799
Total liabilities and stockholders’ equity	$ 5,102,032	$ 4,985,704

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).