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Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 4,540,029 $ 5,158,557 $ 4,845,872
Cost of sales 2,996,515 3,370,897 3,186,310
Selling, general and administrative 515,630 610,280 584,022
Total operating expenses 3,512,145 3,981,177 3,770,332
Operating income 1,027,884 1,177,380 1,075,540
Interest expense (86,062) (88,481) (82,180)
Other income (expense), net 140,487 (19,151) (5,615)
Total 1,082,309 1,069,748 987,745
Provision for income taxes 209,870 208,451 209,812
Net income $ 872,439 $ 861,297 $ 777,933
Basic earnings per share (in USD per share) $ 3.80 $ 3.78 $ 3.37
Diluted earnings per share (in USD per share) $ 3.77 $ 3.75 $ 3.34
Weighted average common shares outstanding:      
Basic shares (in shares) 229,435 227,759 230,823
Diluted shares (in shares) 231,150 229,395 232,712