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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities:    
Net income $ 651,414 $ 640,520
Adjustments to reconcile net income to total operating activities:    
Depreciation and amortization 190,398 169,935
Deferred income taxes (4,532) 13,397
Share-based compensation expense 29,878 29,004
Gain on sale of business (141,020) 0
Gain on sale of facilities (7,523) (4,529)
Net change in assets and liabilities, net of acquisitions 176,743 (82,604)
Pension contributions (5,110) (2,505)
Other, net 4,850 8,996
Total operating activities 895,098 772,214
Investing activities:    
Additions to property, plant and equipment (37,164) (61,525)
Purchases of businesses, net of cash acquired (116,509) (122,149)
Proceeds from sale of business 245,311 0
Proceeds from sale of facilities 9,508 8,263
Other, net (2,457) 2,059
Total investing activities 98,689 (173,352)
Financing activities:    
Net change in short-term borrowings 109,997 (258,211)
Proceeds from long-term borrowings 0 100,000
Repayments of long-term borrowings (102,947) 0
Repurchases of common stock (4,569) (6,613)
Cash dividends paid (123,690) (95,498)
Proceeds from stock option exercises 39,880 59,645
Other, net (3,389) (7,249)
Total financing activities (84,718) (207,926)
Effect of Exchange Rate on Cash and Cash Equivalents [Abstract]    
Effect of exchange rate changes on cash and cash equivalents 2,739 (9,535)
Increase in cash and cash equivalents 911,808 381,401
Cash and cash equivalents:    
Beginning of period 393,030 353,975
End of period $ 1,304,838 $ 735,376