v3.25.2

Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 28, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 473,860	$ 590,286
Short-term investments	5,217	16,130
Accounts receivable, net	461,809	401,901
Inventories:
Finished goods	192,393	175,176
Work in process	326,575	296,393
Raw materials	235,898	217,812
Total inventories	754,866	689,381
Prepaid expenses and other current assets	216,330	217,809
Total current assets	1,912,082	1,915,507
Property and equipment, at cost:
Land	86,411	84,124
Buildings and improvements	813,274	766,058
Machinery and equipment	3,433,596	3,259,213
Construction in progress	421,365	367,564
Allowance for depreciation	(3,124,035)	(2,931,221)
Property and equipment, net	1,630,611	1,545,738
Right of use assets	122,554	117,953
Deferred income taxes	179,215	159,769
Goodwill	180,348	179,005
Other intangible assets, net	86,195	87,223
Other assets	110,650	105,501
Total assets	4,221,655	4,110,696
Current liabilities:
Trade accounts payable	224,346	216,313
Payroll and related expenses	176,553	137,101
Lease liabilities	26,986	25,901
Other accrued expenses	268,101	264,471
Income taxes	11,308	64,562
Total current liabilities	707,294	708,348
Long-term debt less current portion	914,504	905,019
Deferred income taxes	98,320	96,363
Long-term lease liabilities	98,970	94,218
Other liabilities	119,573	104,086
Accrued pension and other postretirement costs	188,003	173,700
Total liabilities	2,126,664	2,081,734
Equity
Common stock	13,415	13,361
Class B convertible common stock	1,210	1,210
Capital in excess of par value	1,314,066	1,306,245
Retained earnings	926,267	955,500
Treasury stock (at cost)	(224,592)	(212,062)
Accumulated other comprehensive income (loss)	64,625	(35,292)
Total equity	2,094,991	2,028,962
Total liabilities and equity	$ 4,221,655	$ 4,110,696

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

VISHAY INTERTECHNOLOGY INC 10-Q