CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 585,622	$ 631,439
Trade accounts receivable, less allowances of $9,072 and $6,700, respectively	657,968	711,332
Inventories	769,403	798,837
Prepaid expenses and other current assets	119,659	154,241
Total current assets	2,132,652	2,295,849
Property, plant and equipment, net	1,931,497	1,993,877
Goodwill	1,984,952	2,038,408
Other intangible assets, net	763,812	830,772
Other assets, net	532,844	611,940
Total assets	7,345,757	7,770,846
Current liabilities:
Revolving loans and current portion of long-term debt	80,061	20,251
Trade accounts payable	974,030	1,133,318
Accrued payroll and related costs	98,914	109,279
Accrued liabilities	284,855	245,674
Total current liabilities	1,437,860	1,508,522
Long-term debt	3,345,381	3,772,926
Deferred income taxes	388,677	435,252
Other liabilities	455,583	491,450
Commitments and contingencies
Stockholders’ equity:
Common stock ($0.01 par value per share; 400,000,000 shares authorized, 175,112,496 shares issued and 110,079,007 and 110,410,229 shares outstanding, respectively)	1,751	1,751
Paid-in capital	339,839	325,448
Retained earnings	2,961,079	2,691,745
Accumulated other comprehensive loss	(345,310)	(259,828)
Treasury stock at cost (65,033,489 and 64,702,267 shares, respectively)	(1,239,103)	(1,196,420)
Total stockholders’ equity	1,718,256	1,562,696
Liabilities and equity, total	$ 7,345,757	$ 7,770,846