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Fair Value of Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2024
Fair Value Disclosures [Abstract]  
Fair Value of Long-Term Debt The carrying value of our remaining long-term debt reported in the accompanying consolidated balance sheets approximates fair value as substantially all of such debt bears interest based on prevailing variable market rates currently available in the countries in which we have borrowings.
September 30, 2024December 31, 2023
Recorded
Amount		Fair ValueRecorded
Amount		Fair Value
(In thousands)
Long-term debt$3,586,452 $3,472,443 $4,186,532 $4,021,693 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table summarizes the fair value of our derivative financial instruments included in the consolidated balance sheets as of September 30, 2024 and December 31, 2023 (in thousands):
September 30, 2024December 31, 2023
AssetsLiabilitiesAssetsLiabilities
Designated as hedging instruments
Other current assets$— $— $3,489 $— 
Other assets— — 11,704 — 
Accrued expenses— — — 446 
Total designated as hedging instruments— — 15,193 446 
Not designated as hedging instruments
Other current assets237 — 2,636 — 
Accrued expenses— 8,892 — 5,306 
Other noncurrent liabilities— 6,535 — — 
Total not designated as hedging instruments237 15,427 2,636 5,306 
Total$237 $15,427 $17,829 $5,752 
Derivative Instruments, Losses
The following table summarizes the net (losses) gains recognized for our derivative financial instruments during the three-month and nine-month periods ended September 30, 2024 and 2023 (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Designated as hedging instruments
Loss recognized in Other comprehensive (loss) income$(6,849)$(39,021)$(24,131)$(36,894)
(Loss) income recognized in Other (expenses) income, net$(16,064)$67 $(21,303)$67 
Not designated as hedging instruments
(Loss) income recognized in Other (expenses) income, net(a)
$(20,534)$(59,241)$(7,559)$184,166 
(a)    Fluctuations in the value of our foreign currency forward contracts not designated as hedging instruments are generally expected to be offset by changes in the value of the underlying exposures being hedged, which are also reported in Other (expenses) income, net.