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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Sep. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Statement of Cash Flows [Abstract]                  
Cash and cash equivalents at beginning of year   $ 1,192,230   $ 889,900 $ 1,192,230 $ 889,900 $ 889,900 $ 889,900  
Cash flows from operating activities:                  
Net income (loss) $ 35,193   $ (176,594)   84,491 (159,947)      
Adjustments to reconcile net income (loss) to cash flows from operating activities:                  
Depreciation and amortization 168,731   138,279   330,485 262,030      
Non-cash restructuring and asset write-offs         0 276,013      
Stock-based compensation and other         17,068 15,439      
Equity in net income of unconsolidated investments (net of tax) (78,258)   (286,878)   (142,544) (467,378)      
Dividends received from unconsolidated investments and nonmarketable securities         67,765 270,926      
Pension and postretirement expense         3,504 2,529      
Pension and postretirement contributions         (9,934) (9,428)      
Realized loss on investments in marketable securities         0 33,746      
Unrealized loss on investments in marketable securities         4,984 23,777      
Deferred income taxes         (38,907) (129,087)      
Working capital changes       (48,600) (96,762) 468,594 830,851    
Noncurrent liability changes and other, net   358,970   (27,265) 318,030 (122,066) (34,211) (116,035) $ (101,274)
Net cash provided by operating activities   547,207   97,485 538,180 465,148 692,255 687,876 1,326,583
Cash flows from investing activities:                  
Capital expenditures       (583,042) (302,252) (1,034,593) (1,337,719) (1,680,529) (2,154,542)
Proceeds from sale of property and equipment         23,751 0      
Proceeds from sale of available for sale debt securities         288,000 0      
Proceeds from settlement of foreign currency forward contracts, net   50,245   18,224 171,262 12,991 (1,956) (15,595) 221,849
Sales of marketable securities, net         2,971 82,578      
Investments in equity investments and nonmarketable securities         (120) (148)      
Net cash provided by (used in) investing activities   (129,058)   (479,999) 183,612 (939,172) (1,256,241) (1,584,772) (2,564,572)
Cash flows from financing activities:                  
Proceeds from issuance of mandatory convertible preferred stock, net of issuance costs         0 2,236,750      
Repayments of long-term debt and credit agreements         (29,103) (56,453)      
Proceeds from borrowings of long-term debt and credit agreements         19,488 56,453      
Other debt repayments, net         (2,427) (627,390)      
Dividends paid to common shareholders         (95,244) (93,916)      
Dividends paid to mandatory convertible preferred shareholders         (83,375) (39,376)      
Dividends paid to noncontrolling interests         (18,169) (18,137)      
Proceeds from exercise of stock options         1,186 86      
Withholding taxes paid on stock-based compensation award distributions         (2,941) (10,677)      
Other         (55) (2,758)      
Net cash (used in) provided by financing activities         (210,640) 1,444,582      
Net effect of foreign exchange on cash and cash equivalents   $ 28,138   $ (8,873) 103,447 (30,231) $ 3,989 (42,509) 4,836
Increase in cash and cash equivalents         614,599 940,327      
Cash and cash equivalents at end of period $ 1,806,829   $ 1,830,227   $ 1,806,829 $ 1,830,227   $ 1,192,230 $ 889,900