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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Consolidated Statements of Income        
Sales $ 4,705,696 $ 4,364,437 $ 13,367,678 $ 12,612,878
Cost of goods sold, including warehouse and distribution expenses 2,265,750 2,113,212 6,479,709 6,159,421
Gross profit 2,439,946 2,251,225 6,887,969 6,453,457
Selling, general and administrative expenses 1,463,879 1,354,497 4,255,966 3,940,950
Operating income 976,067 896,728 2,632,003 2,512,507
Other income (expense):        
Interest expense (59,566) (55,166) (174,467) (167,145)
Interest income 1,780 2,055 5,329 5,239
Other, net 5,369 4,304 6,591 9,266
Total other expense (52,417) (48,807) (162,547) (152,640)
Income before income taxes 923,650 847,921 2,469,456 2,359,867
Provision for income taxes 197,754 182,457 536,480 524,317
Net income $ 725,896 $ 665,464 $ 1,932,976 $ 1,835,550
Earnings per share-basic:        
Earnings per share $ 0.86 $ 0.76 $ 2.26 $ 2.09
Weighted-average common shares outstanding - basic 848,292 869,971 853,909 878,442
Earnings per share-assuming dilution:        
Earnings per share $ 0.85 $ 0.76 $ 2.25 $ 2.08
Weighted-average common shares outstanding - assuming dilution 852,704 875,023 858,452 884,135