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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 157,279 $ 162,001
Accounts receivable, net of reserve for doubtful accounts of $22,795 and $20,295 643,405 631,134
Inventories, net 1,082,523 1,077,729
Prepaid expenses and other 132,030 125,640
Prepaid Taxes 20,967 9,492
Total current assets 2,036,204 2,005,996
Property, plant and equipment, net of accumulated depreciation of $319,856 and $299,572 483,064 443,528
Goodwill 2,451,866 2,411,834
Other intangibles 1,790,771 1,794,232
Long-term deferred tax assets 8,280 6,738
Other assets 214,573 212,538
Total assets 6,984,758 6,874,866
Current liabilities:    
Current maturities of long-term debt 44,250 45,583
Accounts payable 232,740 271,374
Accrued expenses 601,415 671,327
Total current liabilities 878,405 988,284
Long-term debt 2,687,544 2,676,741
Deferred Income Tax Liabilities, Net 216,220 220,204
Liability, Defined Benefit Pension Plan, Noncurrent 8,482 14,948
Other non-current liabilities 194,581 176,942
Stockholders' equity:    
Preferred stock, $0.01 par value; nonvoting; 2,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value; 63,902,217 and 63,508,855 shares issued in 2023 and 2022, respectively 148 147
Cumulative Effect Period of Adoption ASU 2020-06, Paid-in capital 444,290 408,376
Treasury stock, at cost; 10,338,768 and 9,814,480 shares in 2023 and 2022 (906,011) (831,176)
Cumulative Effect Period of Adoptions ASU 2020-06, Retained earnings 3,714,811 3,498,872
Accumulated other comprehensive loss (253,712) (278,472)
Total stockholders' equity 2,999,526 2,797,747
Total liabilities and stockholders' equity $ 6,984,758 $ 6,874,866