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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 642,923 $ 585,622
Trade accounts receivable, less allowances of $8,827 and $9,072, respectively 599,524 657,968
Inventories 940,808 769,403
Prepaid expenses and other current assets 165,727 119,659
Total current assets 2,348,982 2,132,652
Property, plant and equipment, net 1,961,585 1,931,497
Goodwill 2,018,241 1,984,952
Other intangible assets, net 721,023 763,812
Other assets, net 561,405 532,844
Total assets 7,611,236 7,345,757
Current liabilities:    
Revolving loans and current portion of long-term debt 880,315 80,061
Trade accounts payable 1,075,913 974,030
Accrued payroll and related costs 97,886 98,914
Accrued liabilities 257,742 284,855
Total current liabilities 2,311,856 1,437,860
Long-term debt 2,546,451 3,345,381
Deferred income taxes 433,666 388,677
Other liabilities 429,905 455,583
Commitments and contingencies
Stockholders’ equity:    
Common stock ($0.01 par value per share; 400,000,000 shares authorized, 175,112,496 shares issued and 106,499,955 and 110,079,007 shares outstanding, respectively) 1,751 1,751
Paid-in capital 353,848 339,839
Retained earnings 3,208,237 2,961,079
Accumulated other comprehensive loss (251,361) (345,310)
Treasury stock at cost (68,612,541 and 65,033,489 shares, respectively) (1,423,117) (1,239,103)
Total stockholders’ equity 1,889,358 1,718,256
Liabilities and equity, total $ 7,611,236 $ 7,345,757