INVENTORIES

12 Months Ended

Dec. 31, 2024

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

The components of inventories at December 31 were as follows:

	2024		2023
	(Dollars in thousands)
Raw materials	$	450,389	$	465,375
Work-in-process	199,030		219,462
Finished goods	530,406		556,737
Other	17,192		16,616
	1,197,017		1,258,190
Adjustment to value inventory at cost on the LIFO method	(268,961)		(317,382)
	$	928,056	$	940,808

Inventories include $264.7 million and $276.3 million recorded on the FIFO method at December 31, 2024 and 2023, respectively, and $195.5 million and $158.7 million recorded on the average cost method at December 31, 2024 and 2023, respectively.