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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 26, 2025
Sep. 27, 2024
Cash Flows from Operating Activities:    
Net income $ 433,332 $ 454,177
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense from property, plant and equipment and financing leases 145,637 125,593
Amortization of intangible assets and deferred proceeds, net 17,587 17,586
Fair value adjustment of acquisition related contingent consideration 104,468 90,877
Amortization of debt costs 2,485 1,496
(Gain) loss on sale of property, plant and equipment (580) 4,081
Deferred income taxes 523 (18,030)
Change in current assets less current liabilities 38,581 55,763
Change in other noncurrent assets 1,469 7,595
Change in other noncurrent liabilities (20,589) (31,245)
Total adjustments 289,581 253,716
Net cash provided by operating activities 722,913 707,893
Cash Flows from Investing Activities:    
Proceeds from the disposal of short-term investments 506,646 72,232
Purchases of short-term investments (350,003) (283,488)
Additions to property, plant and equipment (209,994) (287,333)
Investment in equity method investees (14,709) (9,794)
Proceeds from the sale of property, plant and equipment 6,385 425
Net cash used in investing activities (61,675) (507,958)
Cash Flows from Financing Activities:    
Payments related to share repurchases (145,698) (574,009)
Cash dividends paid (65,310) (163,733)
Payments of acquisition related contingent consideration (51,639) (44,243)
Payments on financing lease obligations (1,675) (1,848)
Debt issuance fees (267) (15,365)
Proceeds from bond issuance 0 1,200,000
Net cash (used in) provided by financing activities (264,589) 400,802
Net increase in cash and cash equivalents during period 396,649 600,737
Cash and cash equivalents at beginning of period 1,135,824 635,269
Cash and cash equivalents at end of period 1,532,473 1,236,006
Significant non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for operating lease obligations 26,059 1,299
Additions to property, plant and equipment accrued and recorded in accounts payable, trade $ 23,970 $ 34,791