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SUPPLEMENTAL BALANCE SHEET INFORMATION
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SUPPLEMENTAL BALANCE SHEET INFORMATION SUPPLEMENTAL BALANCE SHEET INFORMATION
The components of certain asset accounts included within our Consolidated Balance Sheets are as follows:
December 31,20252024
Inventories:
Raw materials$762,391 $477,592 
Goods in process294,374 204,674 
Finished goods1,074,690 990,785 
Inventories at FIFO2,131,455 1,673,051 
Adjustment to LIFO(702,201)(418,957)
Total inventories$1,429,254 $1,254,094 
Prepaid expenses and other:
Prepaid expenses$201,527 $269,792 
Other current assets302,712 704,423 
Total prepaid expenses and other$504,239 $974,215 
Property, plant and equipment:
Land$199,559 $194,502 
Buildings2,102,794 1,991,937 
Machinery and equipment4,515,447 4,147,530 
Construction in progress324,998 478,842 
Property, plant and equipment, gross7,142,798 6,812,811 
Accumulated depreciation(3,613,190)(3,353,958)
Property, plant and equipment, net$3,529,608 $3,458,853 
Other non-current assets:
Pension$64,520 $41,298 
Capitalized software, net351,285367,087 
Operating lease ROU assets325,345 337,739 
Investments in unconsolidated affiliates176,567 212,928 
Other non-current assets205,568 152,815 
Total other non-current assets$1,123,285 $1,111,867 
The components of certain liability and stockholders’ equity accounts included within our Consolidated Balance Sheet accounts are as follows:
December 31,20252024
Accounts Payable:
Accounts Payable—trade$831,204 $807,918 
Supplier finance program obligations300,332215,122
Other124,165136,137
Total accounts payable$1,255,701 $1,159,177 
Accrued liabilities:
Payroll, compensation and benefits$311,241 $226,774 
Advertising, promotion and product allowances373,940 359,986 
Operating lease liabilities49,583 40,636 
Other235,833 179,945 
Total accrued liabilities$970,597 $807,341 
Other long-term liabilities:
Post-retirement benefits liabilities$98,101 $87,006 
Pension benefits liabilities42,987 33,837 
Operating lease liabilities285,925 304,767 
Other304,904 262,649 
Total other long-term liabilities$731,917 $688,259 
Accumulated other comprehensive loss:
Foreign currency translation adjustments$(136,508)$(177,741)
Pension and post-retirement benefit plans, net of tax(107,620)(122,098)
Cash flow hedges, net of tax(3,222)(4,051)
Total accumulated other comprehensive loss$(247,350)$(303,890)