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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 117,299 $ 468,877
Accounts receivable, net 617,132 596,621
Inventories 550,260 496,839
Other current assets 47,871 73,987
Total current assets 1,332,562 1,636,324
Property, plant and equipment, net 892,318 889,103
Lease right-of-use assets 399,656 365,292
Goodwill 1,685,183 1,681,764
Intangible assets, net 2,232,491 2,286,068
Other assets, net 82,493 74,790
Total assets 6,624,703 6,933,341
Current liabilities:    
Current portion of long-term debt 29,000 29,000
Short-term borrowings 100,000 0
Current portion of lease liabilities 74,336 64,711
Accounts payable 242,934 255,227
Accrued income and other taxes 140,497 57,058
Employee-related liabilities 81,914 113,081
Rebates, warranties and other customer-related liabilities 125,613 151,990
Other current liabilities 103,255 129,327
Total current liabilities 897,549 800,394
Long-term debt 3,395,921 3,382,550
Long-term lease liabilities 308,367 287,304
Deferred income tax liabilities 466,009 556,935
Other long-term liabilities 254,460 261,288
Total liabilities 5,322,306 5,288,471
Commitments and contingencies (Note 13)
Equity:    
Common stock, $0.01 par value, 1,000 shares authorized, issued and outstanding at March 30, 2024 and December 31, 2023 0 0
Additional paid-in capital 1,535,991 1,766,024
Accumulated deficit (257,594) (139,021)
Accumulated other comprehensive income 24,000 17,867
Total equity 1,302,397 1,644,870
Total liabilities and equity $ 6,624,703 $ 6,933,341