Inventories (Tables)

3 Months Ended

Mar. 31, 2022

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

Inventories consist of the following (in thousands): 

	As of
	March 31, 2022		December 31, 2021
Raw materials	$	232,451	$	135,528
Work in process	74,427		36,490
Finished goods	229,436		118,217
Total inventories	$	536,314	$	290,235

During the quarter ended March 31, 2022, inventories increased significantly due to the acquisition of Smiths Medical. All acquired inventory was recorded at fair value on January 6, 2022 in accordance with ASC 805, Business Combinations (see Note 3: Acquisitions).