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Prepayments
9 Months Ended
Sep. 29, 2024
Prepayments [Abstract]  
Prepayments

J. PREPAYMENTS

Prepayments consist of the following:

 

 

 

September 29,
2024

 

 

December 31,
2023

 

 

 

(in thousands)

 

Contract manufacturer and supplier prepayments

 

$

439,647

 

 

$

502,257

 

Prepaid taxes

 

 

20,734

 

 

 

16,083

 

Prepaid maintenance and other services

 

 

19,040

 

 

 

17,592

 

Other prepayments

 

 

10,127

 

 

 

13,038

 

Total prepayments (1)

 

$

489,548

 

 

$

548,970

 

 

(1)
Excludes $5.3 million at December 31, 2023, of contract manufacturer and supplier prepayments, classified as assets held for sale. See Note E: “Dispositions” for additional information.