XML 14 R4.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 477,149 $ 371,345
Receivables, net 997,350 932,344
Inventories, net 668,728 615,097
Other current assets 93,788 99,688
Total current assets 2,237,015 2,018,474
Property, plant, and equipment, net 386,462 382,200
Goodwill 1,686,728 1,692,490
Other intangible assets, net 501,027 532,381
Operating lease right-of-use assets, net 212,475 198,603
Prepaid pension asset 347,356 333,547
Other assets 84,603 63,597
Total assets 5,455,666 5,221,292
Current liabilities:    
Current portion of long-term and short-term debt 200,000 200,000
Accounts payable 285,335 310,303
Accrued expenses 216,537 242,942
Deferred revenue 593,849 561,452
Other current liabilities 100,890 90,870
Total current liabilities 1,396,611 1,405,567
Long-term debt 757,387 757,884
Deferred tax liabilities, net 161,399 154,002
Accrued pension and other postretirement benefit costs 69,192 71,417
Long-term operating lease liability 191,594 178,466
Other liabilities 109,623 120,382
Total liabilities 2,685,806 2,687,718
Contingencies and commitments (Note 12)
Stockholders’ equity    
Common stock, $1 par value, 100,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 49,187,378 shares issued as of June 30, 2026 and December 31, 2025; outstanding shares were 36,931,138 as of June 30, 2026 and 36,859,333 as of December 31, 2025 49,187 49,187
Additional paid in capital 168,981 165,014
Retained earnings 4,571,562 4,310,680
Accumulated other comprehensive loss (189,969) (173,812)
Common treasury stock, at cost (12,256,240 shares as of June 30, 2026 and 12,328,045 shares as of December 31, 2025) (1,829,901) (1,817,495)
Total stockholders’ equity 2,769,860 2,533,574
Total liabilities and stockholders’ equity $ 5,455,666 $ 5,221,292