INVENTORIES

12 Months Ended

Dec. 31, 2025

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

The components of inventories at December 31 were as follows:

	2025		2024
	(Dollars in thousands)
Raw materials	$	586,296	$	450,389
Work-in-process	204,882		199,030
Finished goods	595,089		530,406
Other	16,861		17,192
	1,403,128		1,197,017
Adjustment to value inventory at cost on the LIFO method	(322,994)		(268,961)
	$	1,080,134	$	928,056

Inventories include $271.5 million and $264.7 million recorded on the FIFO method at December 31, 2025 and 2024, respectively, and $242.1 million and $195.5 million recorded on the average cost method at December 31, 2025 and 2024, respectively.