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6. Consolidated Balance Sheet Details (Tables)
6 Months Ended
Jun. 30, 2023
Balance Sheet Related Disclosures [Abstract]  
Schedule of Accounts Receivable Trade, Net
Accounts receivable trade, net consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):
 June 30,
2023
December 31,
2022
Accounts receivable trade, gross$632,620 $325,379 
Allowance for credit losses(1,285)(1,042)
Accounts receivable trade, net$631,335 $324,337 
Schedule of Inventories, Current and Noncurrent
Inventories consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):
 June 30,
2023
December 31,
2022
Raw materials$413,279 $397,912 
Work in process83,156 66,641 
Finished goods516,907 417,218 
Inventories$1,013,342 $881,771 
Inventories – current$756,173 $621,376 
Inventories – noncurrent$257,169 $260,395 
Schedule of Other Current Assets
Other current assets consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):
 June 30,
2023
December 31,
2022
Spare maintenance materials and parts$131,035 $114,428 
Operating supplies62,581 47,492 
Prepaid expenses53,300 43,262 
Insurance receivable for accrued litigation (1)51,300 — 
Prepaid income taxes13,574 8,314 
Restricted cash8,262 3,175 
Derivative instruments (2)1,146 2,018 
Other30,983 18,384 
Other current assets$352,181 $237,073 
——————————
(1)See Note 12. “Commitments and Contingencies” to our condensed consolidated financial statements for discussion of our legal proceedings.

(2)See Note 8. “Derivative Financial Instruments” to our condensed consolidated financial statements for discussion of our derivative instruments.
Schedule of Property, Plant and Equipment, Net
Property, plant and equipment, net consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):
 June 30,
2023
December 31,
2022
Land$35,335 $35,259 
Buildings and improvements 1,020,969 893,049 
Machinery and equipment 3,255,297 2,762,801 
Office equipment and furniture158,164 146,467 
Leasehold improvements40,080 40,160 
Construction in progress1,115,767 1,121,938 
Property, plant and equipment, gross5,625,612 4,999,674 
Accumulated depreciation(1,605,434)(1,462,772)
Property, plant and equipment, net$4,020,178 $3,536,902 
Schedule of Other Assets
Other assets consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):
 June 30,
2023
December 31,
2022
Advance payments for raw materials$141,062 $91,260 
Operating lease assets (1)89,747 93,185 
Income tax receivables70,818 56,993 
Project assets27,870 30,108 
Accounts receivable unbilled, net4,229 11,498 
Restricted cash3,227 2,734 
Restricted cash equivalents3,194 6,284 
Accounts receivable trade, net— 1,500 
Other73,856 62,630 
Other assets$414,003 $356,192 
——————————
(1)See Note 9. “Leases” to our condensed consolidated financial statements for discussion of our lease arrangements.
Schedule of Accrued Expenses
Accrued expenses consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):
 June 30,
2023
December 31,
2022
Accrued property, plant and equipment$104,740 $148,777 
Accrued inventory 56,144 44,679 
Accrued freight44,938 77,136 
Accrued compensation and benefits30,304 47,939 
Accrued other taxes12,546 19,765 
Product warranty liability (1)9,243 10,660 
Other45,407 33,826 
Accrued expenses$303,322 $382,782 
——————————
(1)See Note 12. “Commitments and Contingencies” to our condensed consolidated financial statements for discussion of our “Product Warranties.”
Schedule of Other Current Liabilities
Other current liabilities consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):
 June 30,
2023
December 31,
2022
Accrued litigation (1)$86,890 $— 
Derivative instruments (2)12,875 6,668 
Operating lease liabilities (3)9,693 9,193 
Contingent consideration (4)7,500 — 
Other5,202 5,384 
Other current liabilities$122,160 $21,245 
——————————
(1)See Note 12. “Commitments and Contingencies” to our condensed consolidated financial statements for discussion of our legal proceedings.

(2)See Note 8. “Derivative Financial Instruments” to our condensed consolidated financial statements for discussion of our derivative instruments.

(3)See Note 9. “Leases” to our condensed consolidated financial statements for discussion of our lease arrangements.

(4)See Note 12. “Commitments and Contingencies” to our condensed consolidated financial statements for discussion of our contingent consideration arrangements.
Schedule of Other Liabilities
Other liabilities consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):
 June 30,
2023
December 31,
2022
Deferred tax liabilities, net$43,812 $28,929 
Operating lease liabilities (1)36,194 40,589 
Product warranty liability (2)22,726 23,127 
Contingent consideration (3)11,000 — 
Other26,521 27,292 
Other liabilities$140,253 $119,937 
——————————
(1)See Note 9. “Leases” to our condensed consolidated financial statements for discussion of our lease arrangements.

(2)See Note 12. “Commitments and Contingencies” to our condensed consolidated financial statements for discussion of our “Product Warranties.”

(3)See Note 12. “Commitments and Contingencies” to our condensed consolidated financial statements for discussion of our contingent consideration arrangements.