XML 32 R18.htm IDEA: XBRL DOCUMENT v3.24.3
OTHER CURRENT AND LONG-TERM ASSETS
 9 Months Ended
Sep. 30, 2024
Other Assets, Noncurrent [Abstract]  
OTHER CURRENT AND LONG-TERM ASSETS OTHER CURRENT AND LONG-TERM ASSETS
Other Current Assets

Other current assets consisted of the following:
(in thousands)September 30, 2024December 31, 2023
  
Contract assets, net (1)
$61,416 $55,111 
Consideration paid to customers
58,507 54,081 
Prepaid expenses57,222 48,370 
Taxes receivable14,405 16,972 
Other assets32,504 29,061 
Other current assets$224,054 $203,595 
(1) Contract assets, net, are net of allowances for credit losses. Refer to "Note 6. Credit Losses."


Other Long-Term Assets

Other long-term assets consisted of the following:
(in thousands)September 30, 2024December 31, 2023
Contract assets, net (1)
$185,863 $167,963 
Deferred income taxes134,677 107,364 
Consideration paid to customers
130,450 114,850 
Equity investments30,000 30,250 
Investments in long-term product supply arrangements25,228 25,943 
Other assets53,050 50,164 
Other long-term assets$559,268 $496,534 
(1) Contract assets, net, are net of allowances for credit losses. Refer to "Note 6. Credit Losses."