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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net income $ 538,485 $ 547,238
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property, equipment and intangibles 122,224 109,648
Amortization of debt discount and issuance costs 1,851 1,593
Deferred income taxes (11,159) 2,374
Share-based compensation programs 8,444 7,022
Other 3,191 2,997
Changes in operating assets and liabilities:    
Accounts receivable (37,758) (36,954)
Inventory (75,081) (92,042)
Accounts payable 9,952 6,107
Income taxes payable 138,513 140,025
Other 56,458 16,207
Net cash provided by operating activities 755,120 704,215
Investing activities:    
Purchases of property and equipment (286,951) (249,240)
Proceeds from sale of property and equipment 1,948 3,853
Other, including acquisitions, net of cash acquired 0 (155,366)
Net cash used in investing activities (285,003) (400,753)
Financing activities:    
Proceeds from borrowings on revolving credit facility 0 30,000
Net (payments) proceeds of commercial paper 129,288 (310,805)
Payment of debt issuance costs (3,801) 0
Repurchases of common stock (559,432) (270,019)
Net proceeds from issuance of common stock 24,926 57,815
Other (433) (569)
Net cash used in financing activities (409,452) (493,578)
Effect of exchange rate changes on cash 338 248
Net (decrease) increase in cash and cash equivalents 61,003 (189,868)
Cash and cash equivalents at beginning of the period 130,245 279,132
Cash and cash equivalents at end of the period 191,248 89,264
Supplemental disclosures of cash flow information:    
Income taxes paid 16,904 9,798
Interest paid, net of capitalized interest $ 39,424 $ 34,671