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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 04, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 244,631 $ 306,467
Accounts receivable, net 28,008,735 19,738,666
Inventories 5,939,587 5,081,863
Other current assets 796,035 533,035
Total current assets 34,988,988 25,660,031
Property, plant, and equipment, at cost:    
Land 5,691 5,691
Buildings and improvements 205,840 199,433
Machinery and equipment 1,728,678 1,715,415
Property, plant, and equipment, gross 1,940,209 1,920,539
Less: Accumulated depreciation and amortization (1,479,390) (1,445,889)
Property, plant, and equipment, net 460,819 474,650
Investments in affiliated companies 62,149 59,315
Intangible assets, net 67,514 77,022
Goodwill 2,109,446 2,120,071
Other assets 687,765 687,049
Total assets 38,376,681 29,078,138
Current liabilities:    
Accounts payable 27,107,855 17,383,796
Accrued expenses 1,516,824 1,461,261
Short-term borrowings, including current portion of long-term debt 117,539 341
Total current liabilities 28,742,218 18,845,398
Long-term debt 2,053,041 3,084,715
Other liabilities 502,541 489,326
Contingencies (Note L)
Equity:    
Common stock, par value $1: Authorized - 160,000 shares in both 2026 and 2025 Issued - 56,094 and 55,838 shares in 2026 and 2025, respectively 56,094 55,838
Capital in excess of par value 613,560 586,993
Treasury stock (5,119 and 4,768 shares in 2026 and 2025, respectively), at cost (554,346) (483,571)
Retained earnings 7,059,909 6,552,092
Accumulated other comprehensive loss (170,036) (126,640)
Total shareholders' equity 7,005,181 6,584,712
Noncontrolling interests 73,700 73,987
Total equity 7,078,881 6,658,699
Total liabilities and equity $ 38,376,681 $ 29,078,138