SUPPLEMENTAL BALANCE SHEET INFORMATION (Tables)

12 Months Ended

Dec. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases were as follows:

Leases	Classification	2020		2019
Assets
Operating lease ROU assets	Other non-current assets	$	224,268	$	220,678
Finance lease ROU assets, at cost	Property, plant and equipment, gross	101,426		101,142
Accumulated amortization	Accumulated depreciation	(13,361)		(7,225)
Finance lease ROU assets, net	Property, plant and equipment, net	88,065		93,917
Total leased assets		$	312,333	$	314,595
Liabilities
Current
Operating	Accrued liabilities	$	36,578	$	29,209
Finance	Current portion of long-term debt	4,868		4,079
Non-current
Operating	Other long-term liabilities	181,871		184,163
Finance	Long-term debt	75,887		75,564
Total lease liabilities		$	299,204	$	293,015

The components of certain Consolidated Balance Sheet accounts are as follows:

December 31,	2020		2019
Inventories:
Raw materials	$	388,600	$	271,125
Goods in process	104,841		98,842
Finished goods	645,664		614,698
Inventories at FIFO	1,139,105		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 assets	158,809		156,022
Total prepaid expenses and other	$	254,478	$	240,080
Property, plant and equipment:
Land	$	131,513	$	105,627
Buildings	1,387,106		1,298,985
Machinery and equipment	3,169,754		3,120,003
Construction in progress	276,514		209,788
Property, plant and equipment, gross	4,964,887		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 assets	224,268		220,678
Other non-current assets	143,946		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 allowances	309,537		279,440
Operating lease liabilities	36,578		29,209
Other	198,309		163,205
Total accrued liabilities	$	781,766	$	702,372
Other long-term liabilities:
Post-retirement benefits liabilities	$	223,507	$	211,206
Pension benefits liabilities	70,727		58,773
Operating lease liabilities	181,871		184,163
Other	207,329		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)