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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and equivalents $ 1,242,927 $ 1,387,908
Accounts receivable, net of allowances for credit losses of $17.4 million and $8.2 million in 2025 and 2024, respectively 1,097,604 1,003,178
Inventories 563,142 501,732
Prepaid expenses and other current assets 227,116 234,099
Total current assets 3,130,789 3,126,917
Noncurrent Assets    
Property, plant, and equipment, net 590,015 516,049
Right-of-use assets, net 319,548 326,394
Goodwill 1,390,169 1,381,721
Deferred income tax assets 312,913 296,862
Identifiable intangible assets, net 337,105 360,563
Other noncurrent assets 559,843 535,578
Total Assets 6,640,382 6,544,084
Current Liabilities    
Accounts payable 555,403 398,983
Accrued liabilities 872,928 878,710
Income taxes payable 29,851 38,030
Total current liabilities 1,458,182 1,315,723
Noncurrent Liabilities    
Long-term debt 2,331,675 2,334,351
Noncurrent lease liabilities 268,351 278,174
Other noncurrent liabilities 349,126 351,711
Total noncurrent liabilities 2,949,152 2,964,236
Commitments and Contingencies (See Note 13)
Stockholders' Equity    
Common stock $1.00 par value, 1.00 billion shares authorized; 441.4 million shares issued 441,369 441,369
Additional paid-in capital 1,787,790 1,780,259
Treasury stock at cost: 140.0 million shares and 111.4 million shares in 2025 and 2024, respectively (3,107,007) (2,566,929)
Retained earnings 4,001,462 3,603,878
Accumulated other comprehensive loss (890,566) (994,452)
Total stockholders' equity 2,233,048 2,264,125
Total Liabilities and Stockholders' Equity $ 6,640,382 $ 6,544,084