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Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments and the Balance Sheet Lines in Which They Are Recorded
The following table sets forth the fair values of derivative instruments designated as cash flow hedges held by the Company as of June 30, 2025 and December 31, 2024 and the balance sheet lines in which they are recorded:
Fair Value Asset (Liability)
June 30, 2025December 31, 2024Balance Sheet Caption
Foreign currency forward$645 $2,258 Prepaid and other current assets
Foreign currency forward(3,559)(888)Other accrued expenses
Schedule of Other Comprehensive Earnings (Loss)for the Gains (Losses) on Net Investment Hedges
Amounts recognized in other comprehensive earnings (loss) for the gains (losses) on net investment hedges were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(Loss) gain on euro-denominated debt
$(95,347)$13,781 $(137,760)$32,755 
(Loss) on currency forward contract
(16,177)— (16,177)— 
(Loss) gain on net investment hedges
(111,524)13,781 (153,937)32,755 
Tax benefit (expense)
25,212 (3,074)34,800 (7,460)
Net (loss) gain on net investment hedges, net of tax
$(86,312)$10,707 $(119,137)$25,295 
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis as of June 30, 2025 and December 31, 2024:
June 30, 2025December 31, 2024
Level 2Level 2
Assets:
Foreign currency cash flow hedges$645 $2,258 
Liabilities:
Foreign currency cash flow hedges3,559 888 
Foreign currency net investment hedges
16,177 —