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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,080,659 $ 822,854
Trade accounts receivable, less allowances of $7,965 and $9,506, respectively 589,400 594,279
Inventories 1,080,134 928,056
Prepaid expenses and other current assets 241,725 177,494
Total current assets 2,991,918 2,522,683
Property, plant and equipment, net 2,378,331 2,282,903
Goodwill 2,486,678 2,316,031
Other intangible assets, net 900,083 869,468
Other assets, net 640,073 593,583
Total assets 9,397,083 8,584,668
Current liabilities:    
Revolving loans and current portion of long-term debt 631,632 716,932
Trade accounts payable 1,251,889 1,111,607
Accrued payroll and related costs 121,168 108,834
Accrued liabilities 447,180 310,159
Total current liabilities 2,451,869 2,247,532
Long-term debt 3,715,216 3,419,921
Deferred income taxes 501,768 505,616
Other liabilities 453,929 422,018
Commitments and contingencies
Stockholders’ equity:    
Common stock ($0.01 par value per share; 400,000,000 shares authorized, 175,112,496 shares issued and 105,441,971 and 106,794,650 shares outstanding, respectively) 1,751 1,751
Paid-in capital 384,847 367,871
Retained earnings 3,605,043 3,402,667
Accumulated other comprehensive loss (213,556) (353,357)
Treasury stock at cost (69,670,525 and 68,317,846 shares, respectively) (1,503,784) (1,429,351)
Total stockholders’ equity 2,274,301 1,989,581
Liabilities and equity, total $ 9,397,083 $ 8,584,668