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Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 1,386,346 $ 1,011,922 $ 2,602,088 $ 2,214,140
Cost of sales 912,712 669,195 1,702,104 1,493,842
Selling, general and administrative 157,023 115,737 290,028 261,268
Total operating expenses 1,069,735 784,932 1,992,132 1,755,110
Operating income 316,611 226,990 609,956 459,030
Interest expense (20,442) (22,669) (39,389) (45,410)
Other (expense) income, net (4,414) 2,131 (6,356) 143,907
Income before income taxes 291,755 206,452 564,211 557,527
Provision for income taxes 60,076 40,235 113,299 110,694
Net income $ 231,679 $ 166,217 $ 450,912 $ 446,833
Basic earnings per share (in usd per share) $ 1.00 $ 0.73 $ 1.96 $ 1.95
Diluted earnings per share (in usd per share) $ 1.00 $ 0.72 $ 1.94 $ 1.94
Weighted average common shares outstanding:        
Basic shares 230,828 229,225 230,632 229,094
Diluted shares 232,841 230,381 232,569 230,626
Dividends declared and paid per share (in usd per shares) $ 0.20 $ 0.18 $ 0.40 $ 0.36