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SUPPLEMENTAL BALANCE SHEET INFORMATION
 12 Months Ended
Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental Balance Sheet Information SUPPLEMENTAL BALANCE SHEET INFORMATION
The components of certain Consolidated Balance Sheet accounts are as follows:
December 31,20202019
Inventories:
Raw materials$388,600 $271,125 
Goods in process104,841 98,842 
Finished goods645,664 614,698 
Inventories at FIFO1,139,105 984,665 
Adjustment to LIFO(174,898)(169,414)
Total inventories$964,207 $815,251 
Prepaid expenses and other:
Prepaid expenses$95,669 $84,058 
Other current assets158,809 156,022 
Total prepaid expenses and other$254,478 $240,080 
Property, plant and equipment:
Land$131,513 $105,627 
Buildings1,387,106 1,298,985 
Machinery and equipment3,169,754 3,120,003 
Construction in progress276,514 209,788 
Property, plant and equipment, gross4,964,887 4,734,403 
Accumulated depreciation(2,679,632)(2,581,264)
Property, plant and equipment, net$2,285,255 $2,153,139 
Other non-current assets:
Capitalized software, net$187,673$153,842 
Operating lease ROU assets224,268 220,678 
Other non-current assets143,946 137,480 
Total other non-current assets$555,887 $512,000 
Accrued liabilities:
Payroll, compensation and benefits$237,342 $230,518 
Advertising, promotion and product allowances309,537 279,440 
Operating lease liabilities36,578 29,209 
Other198,309 163,205 
Total accrued liabilities$781,766 $702,372 
Other long-term liabilities:
Post-retirement benefits liabilities$223,507 $211,206 
Pension benefits liabilities70,727 58,773 
Operating lease liabilities181,871 184,163 
Other207,329 201,635 
Total other long-term liabilities$683,434 $655,777 
Accumulated other comprehensive loss:
Foreign currency translation adjustments$(98,525)$(83,704)
Pension and post-retirement benefit plans, net of tax(194,205)(189,187)
Cash flow hedges, net of tax(45,352)(51,075)
Total accumulated other comprehensive loss$(338,082)$(323,966)