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Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 1,126,942 $ 1,276,633 $ 3,341,082 $ 3,853,736
Cost of sales 732,705 823,262 2,226,547 2,512,722
Selling, general and administrative 123,496 152,315 384,764 461,289
Total operating expenses 856,201 975,577 2,611,311 2,974,011
Operating income 270,741 301,056 729,771 879,725
Interest expense (21,187) (21,308) (66,597) (65,436)
Other (expense) income, net (1,479) (5,517) 142,428 (12,521)
Income before income taxes 248,075 274,231 805,602 801,768
Provision for income taxes 43,494 53,482 154,188 161,248
Net income $ 204,581 $ 220,749 $ 651,414 $ 640,520
Basic earnings per share (in usd per share) $ 0.89 $ 0.97 $ 2.84 $ 2.82
Diluted earnings per share (in usd per share) $ 0.88 $ 0.96 $ 2.82 $ 2.79
Weighted average common shares outstanding:        
Basic shares (in shares) 229,576 228,041 229,254 227,493
Diluted shares (in shares) 231,460 229,560 230,904 229,191
Dividends declared and paid per share (in usd per shares) $ 0.18 $ 0.14 $ 0.54 $ 0.42