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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 240,785 $ 182,853
Provision for losses on accounts receivable 3,552 3,918
Deferred income taxes and tax uncertainties (1,660) (7,632)
Depreciation and amortization 63,931 62,249
Gains from sales of assets, net of write-offs (5,714) (10,966)
Stock-based compensation 11,652 6,757
Losses from equity method investment 11,497 8,374
Change in assets and liabilities:    
Accounts receivable (94,221) (95,419)
Inventories 3,136 27,826
Prepaid expenses and other assets (32,951) (25,943)
Trade accounts payable 13,244 18,051
Other current liabilities (102,664) (64,171)
Current income taxes payable, net 43,844 73,227
Accrued employment-related benefits cost (6,950) 1,520
Other – net (596) 302
Net cash provided by operating activities 146,885 180,946
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property, buildings and equipment and intangibles (49,149) (78,768)
Proceeds from sales of assets 25,987 48,306
Equity method investment (8,115) (7,067)
Net cash used in investing activities (31,277) (37,529)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in commercial paper 89,904 34,946
Borrowings under lines of credit 10,185 9,883
Payments against lines of credit (19,923) (9,167)
Proceeds from issuance of long-term debt 103 3,917
Payments of long-term debt (25,288) (6,235)
Proceeds from stock options exercised 59,003 26,345
Payments for employee taxes withheld from stock awards (14,878) (11,625)
Purchase of treasury stock (172,917) (159,146)
Cash dividends paid (72,254) (72,118)
Net cash used in financing activities (146,065) (183,200)
Exchange rate effect on cash and cash equivalents 5,596 4,438
NET CHANGE IN CASH AND CASH EQUIVALENTS (24,861) (35,345)
Cash and cash equivalents at beginning of year 326,876 274,146
Cash and cash equivalents at end of period $ 302,015 $ 238,801