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Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 1,514,552 $ 1,386,346 $ 2,973,077 $ 2,602,088
Cost of sales 988,175 912,712 1,937,008 1,702,104
Selling, general and administrative 161,535 157,023 317,987 290,028
Total operating expenses 1,149,710 1,069,735 2,254,995 1,992,132
Operating income 364,842 316,611 718,082 609,956
Interest expense (20,350) (20,442) (39,920) (39,389)
Other income (expense), net 1,973 (4,414) 4,525 (6,356)
Income before income taxes 346,465 291,755 682,687 564,211
Provision for income taxes 64,092 60,076 127,867 113,299
Net income $ 282,373 $ 231,679 $ 554,820 $ 450,912
Basic earnings per share (in usd per share) $ 1.23 $ 1.00 $ 2.40 $ 1.96
Diluted earnings per share (in usd per share) $ 1.22 $ 1.00 $ 2.39 $ 1.94
Weighted average common shares outstanding:        
Basic shares (in shares) 230,100 230,828 230,790 230,632
Diluted shares (in shares) 231,247 232,841 232,156 232,569
Dividends declared and paid per share (in usd per shares) $ 0.22 $ 0.20 $ 0.44 $ 0.40