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SEE • CIK 0001012100
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Revenues | $5,488,900 | $5,392,600 | $5,359,800 | $5,359,800 |
| Cost of Revenue | $3,847,600 | $3,767,500 | $3,763,000 | $3,763,000 |
| Gross Profit | $1,641,300 | $1,625,100 | $1,596,800 | $1,596,800 |
| Selling, General and Administrative Expense | $759,100 | $752,600 | $744,900 | $744,900 |
| Gain (Loss) on Disposition of Assets | — | — | $-26,800 | $-26,800 |
| Amortization of Intangible Assets | $62,700 | $62,600 | $59,500 | $59,500 |
| Restructuring Charges | $15,600 | $57,800 | $39,900 | $39,900 |
| Operating Income (Loss) | $754,600 | $735,900 | $725,700 | $725,700 |
| Interest Income (Expense), Nonoperating, Net | — | — | $-218,900 | $-218,900 |
| Other Nonoperating Income (Expense) | — | — | $-30,300 | $-30,300 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $429,700 | $458,400 | $476,500 | $476,500 |
| Income Tax Expense (Benefit) | $90,400 | $188,900 | $35,300 | $35,300 |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $339,300 | $269,500 | $441,200 | $441,200 |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $2,300 | $-4,800 | $64,300 | $64,300 |
| Net Income (Loss) Attributable to Parent | $341,600 | $264,700 | $505,500 | $505,500 |
| Weighted Average Number of Shares Outstanding, Basic | 144,400,000 | 145,500,000 | 146,900,000 | 146,900,000 |
| Weighted Average Number of Shares Outstanding, Diluted | 144,900,000 | 146,000,000 | 147,500,000 | 147,500,000 |
| Other Restructuring Costs | — | $30,300 | $41,100 | $41,100 |
| Restructuring, Settlement and Impairment Provisions | $64,700 | $88,000 | $84,900 | $84,900 |
| Derivative, Gain (Loss) on Derivative, Net | $16,300 | $-27,300 | $42,700 | $42,700 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | $346,100 | $371,800 | $344,000 | $344,000 |
| Accounts Receivable, after Allowance for Credit Loss, Current | $442,600 | $443,100 | $522,200 | $522,200 |
| Property, Plant and Equipment, Net | $1,416,400 | $1,397,900 | $1,423,100 | $1,423,100 |
| Income Taxes Receivable, Current | $44,900 | $25,000 | $57,300 | $57,300 |
| Goodwill | $2,892,500 | $2,878,500 | $2,900,800 | $2,900,800 |
| Other Receivables, Net, Current | $94,200 | $99,800 | $96,500 | $96,500 |
| Intangible Assets, Net (Excluding Goodwill) | $439,000 | $381,600 | $333,300 | $333,300 |
| Inventory, Net | $774,300 | $722,200 | $737,000 | $737,000 |
| Deferred Income Tax Assets, Net | $130,800 | $112,000 | $70,000 | $70,000 |
| Prepaid Expense and Other Assets, Current | $188,400 | $193,800 | $162,500 | $162,500 |
| Operating Lease, Right-of-Use Asset | $86,500 | $98,000 | $82,400 | $82,400 |
| Assets, Current | $1,963,300 | $1,891,800 | $1,919,500 | $1,919,500 |
| Other Assets, Noncurrent | $272,100 | $262,300 | $283,700 | $283,700 |
| Assets | $7,200,600 | $7,022,100 | $7,012,800 | $7,012,800 |
| Long-term Debt and Lease Obligation | $4,513,900 | $4,198,800 | $3,284,900 | $3,284,900 |
| Operating Lease, Liability, Noncurrent | $66,700 | $74,800 | $60,300 | $60,300 |
| Deferred Income Tax Liabilities, Net | $35,800 | $26,100 | $41,600 | $41,600 |
| Other Liabilities, Noncurrent | $525,700 | $462,400 | $287,100 | $287,100 |
| Liabilities | $6,651,100 | $6,397,600 | $5,775,300 | $5,775,300 |
| Short-term Debt | $140,700 | $140,500 | $99,600 | $99,600 |
| Long-term Debt and Lease Obligation, Current | $35,700 | $64,600 | $625,200 | $625,200 |
| Operating Lease, Liability, Current | $29,200 | $29,700 | $30,100 | $30,100 |
| Accounts Payable, Current | $764,600 | $771,000 | $769,400 | $769,400 |
| Restructuring Reserve, Current | $23,100 | $42,600 | $33,300 | $33,300 |
| Accrued Income Taxes, Current | $28,700 | $53,300 | $20,100 | $20,100 |
| Other Liabilities, Current | $487,000 | $533,800 | $523,700 | $523,700 |
| Liabilities, Current | $1,509,000 | $1,635,500 | $2,101,400 | $2,101,400 |
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 |
| Common Stock, Value, Issued | $15,400 | $15,500 | $15,500 | $15,500 |
| Additional Paid in Capital, Common Stock | $1,429,500 | $1,445,700 | $1,461,100 | $1,461,100 |
| Retained Earnings (Accumulated Deficit) | $496,500 | $643,400 | $1,029,400 | $1,029,400 |
| Treasury Stock, Value | $436,400 | $404,200 | $366,600 | $366,600 |
| Stockholders' Equity Attributable to Parent | $549,500 | $624,500 | $1,237,500 | $1,237,500 |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax | $146,400 | $141,800 | $135,300 | $135,300 |
| Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax | $-770,600 | $-917,100 | $-709,300 | $-709,300 |
| AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax | $-400 | $3,700 | $700 | $700 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $-955,500 | $-1,075,900 | $-901,900 | $-901,900 |
| Accounts Receivable, Allowance for Credit Loss, Current | $14,900 | $12,600 | $11,600 | $11,600 |
| Inventory Valuation Reserves | $43,300 | $45,400 | $51,000 | $51,000 |
| Preferred Stock, Shares Authorized | 50,000,000 | 50,000,000 | 50,000,000 | 50,000,000 |
| Preferred Stock, Shares Issued | 0 | 0 | 0 | 0 |
| Common Stock, Shares Authorized | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 |
| Common Stock, Shares, Issued | 154,054,011 | 154,610,375 | 155,307,121 | 155,307,121 |
| Common Stock, Shares, Outstanding | 144,467,719 | 145,731,673 | 147,252,812 | 147,252,812 |
| Treasury Stock, Common, Shares | 9,586,292 | 8,878,702 | 8,054,309 | 8,054,309 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Net Income (Loss) Attributable to Parent | $341,600 | $264,700 | $505,500 | $505,500 |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $-3,700 | $-37,000 | $46,700 | $46,700 |
| Depreciation, Depletion and Amortization | $233,400 | $240,900 | $243,600 | $243,600 |
| Share-based Payment Arrangement, Noncash Expense | $33,000 | $31,600 | $39,500 | $39,500 |
| Gain (Loss) on Extinguishment of Debt | $-13,200 | $-6,800 | $-5,800 | $-5,800 |
| Debt Securities, Available-for-sale, Unrealized Gain (Loss) | $0 | $-8,500 | $0 | $0 |
| Accounts Receivable, Credit Loss Expense (Reversal) | $3,100 | $1,300 | $1,100 | $1,100 |
| Inventory Write-down | $18,300 | $18,600 | $22,700 | $22,700 |
| Deferred Income Taxes and Tax Credits | $-27,800 | $-16,400 | $73,300 | $73,300 |
| Gain (Loss) on Disposition of Business | $-52,500 | $-4,800 | $64,300 | $64,300 |
| Other Noncash Income (Expense) | $-25,200 | $-27,300 | $-31,700 | $-31,700 |
| Net Cash Provided by (Used in) Operating Activities | $516,200 | $728,000 | $628,000 | $628,000 |
| Payments to Acquire Property, Plant, and Equipment | $244,200 | $220,200 | $169,500 | $169,500 |
| Payments to Acquire Businesses, Net of Cash Acquired | $1,160,700 | $-4,200 | $0 | $0 |
| Payments for (Proceeds from) Investments | $-2,800 | $1,100 | $600 | $600 |
| Proceeds from Derivative Instrument, Investing Activities | — | $3,100 | $5,300 | $5,300 |
| Payments for (Proceeds from) Hedge, Investing Activities | — | $19,500 | $-30,900 | $-30,900 |
| Net Cash Provided by (Used in) Investing Activities | $-1,378,200 | $-232,500 | $-133,600 | $-133,600 |
| Proceeds from (Repayments of) Short-term Debt | $131,600 | $5,200 | $-51,600 | $-51,600 |
| Proceeds from Issuance of Long-term Debt | $1,833,400 | $416,200 | $15,400 | $15,400 |
| Repayments of Long-term Debt | $958,400 | $710,500 | $383,000 | $383,000 |
| Payments of Ordinary Dividends, Common Stock | $117,900 | $118,000 | $119,200 | $119,200 |
| Payments for Repurchase of Common Stock | $79,900 | $0 | $0 | $0 |
| Payment for Debt Extinguishment or Debt Prepayment Cost | $22,300 | $7,600 | $5,800 | $5,800 |
| Payment, Tax Withholding, Share-based Payment Arrangement | $21,800 | $9,900 | $13,600 | $13,600 |
| Finance Lease, Principal Payments | $9,000 | $8,200 | $9,800 | $9,800 |
| Net Cash Provided by (Used in) Financing Activities | $755,700 | $-432,800 | $-567,600 | $-567,600 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $346,100 | $371,800 | $345,300 | $345,300 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $-110,000 | $25,700 | $-26,500 | $-26,500 |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $265,200 | $284,100 | $268,500 | $268,500 |
| Stock Issued | $23,900 | $25,400 | $26,300 | $26,300 |
| Capital Expenditures Incurred but Not yet Paid | — | $33,000 | $32,400 | $32,400 |
| Increase (Decrease) in Accounts Receivable | $-73,400 | $34,100 | $2,800 | $2,800 |
| Increase (Decrease) in Inventories | $-136,000 | $4,300 | $-6,200 | $-6,200 |
| Increase (Decrease) in Income Taxes Receivable | $400 | $-45,600 | $64,300 | $64,300 |
| Increase (Decrease) in Accounts Payable | $-122,800 | $28,100 | $-29,300 | $-29,300 |
| Increase (Decrease) in Other Operating Assets and Liabilities, Net | $77,500 | $-24,200 | $165,300 | $165,300 |