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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Current Assets      
Cash and equivalents $ 866,004 $ 1,242,927 $ 1,243,696
Accounts receivable, net of allowances for credit losses of $9.5 million, $7.9 million, and $17.4 million, respectively 686,661 1,097,604 633,310
Inventories 676,885 563,142 658,420
Prepaid expenses and other current assets 262,499 227,116 251,097
Total current assets 2,492,049 3,130,789 2,786,523
Noncurrent Assets      
Property, plant, and equipment, net 620,651 590,015 515,890
Right-of-use assets, net 314,023 319,548 315,818
Goodwill 1,583,942 1,390,169 1,385,063
Deferred income tax assets 332,490 312,913 304,059
Identifiable intangible assets, net 486,269 337,105 355,902
Other noncurrent assets 500,211 559,843 543,185
Total Assets 6,329,635 6,640,382 6,206,440
Current Liabilities      
Accounts payable 373,253 555,403 318,315
Accrued liabilities 821,108 872,928 813,422
Income taxes payable 16,258 29,851 15,047
Total current liabilities 1,210,619 1,458,182 1,146,784
Noncurrent Liabilities      
Long-term debt 2,332,793 2,331,675 2,335,442
Noncurrent lease liabilities 262,829 268,351 263,993
Other noncurrent liabilities 416,952 349,126 330,641
Total noncurrent liabilities 3,012,574 2,949,152 2,930,076
Stockholders' Equity      
Common stock $1.00 par value, 1.00 billion shares authorized; 441.4 million shares issued 441,369 441,369 441,369
Additional paid-in capital 1,775,411 1,787,790 1,792,404
Treasury stock at cost: 150.8 million shares, 118.5 million shares, and 140.0 million shares, respectively (3,289,544) (3,107,007) (2,721,165)
Retained earnings 4,062,492 4,001,462 3,563,559
Accumulated other comprehensive loss (883,286) (890,566) (946,587)
Total stockholders' equity 2,106,442 2,233,048 2,129,580
Total Liabilities and Stockholders' Equity $ 6,329,635 $ 6,640,382 $ 6,206,440