Annual report [Section 13 and 15(d), not S-K Item 405]

Supply Chain Financing (Tables)

v3.25.0.1
Supply Chain Financing (Tables)
12 Months Ended
Dec. 31, 2024
Text Block [Abstract]  
Supplier Finance Program
The Company’s outstanding payables under the SCF program were recorded within Accounts payable on the Consolidated Balance Sheets. Changes in the amount of outstanding payables under the SCF program were as follows:

Year ended December 31,
(in thousands) 2024
Confirmed obligations outstanding as of July 1
$ — 
Invoices confirmed during the year
340,143 
Confirmed invoices paid during the year
(258,855)
Confirmed obligations outstanding as of December 31
$ 81,288