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Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 1,551,786 $ 1,440,681 $ 4,524,863 $ 4,042,769
Cost of sales 1,004,596 949,402 2,941,604 2,651,506
Selling, general and administrative 162,670 153,716 480,657 443,744
Total operating expenses 1,167,266 1,103,118 3,422,261 3,095,250
Operating income 384,520 337,563 1,102,602 947,519
Interest expense (20,245) (20,476) (60,165) (59,865)
Other income (expense), net 3,227 2,581 7,752 (3,775)
Income before income taxes 367,502 319,668 1,050,189 883,879
Provision for income taxes 69,861 62,208 197,728 175,507
Net income $ 297,641 $ 257,460 $ 852,461 $ 708,372
Basic earnings per share (in usd per share) $ 1.30 $ 1.11 $ 3.70 $ 3.07
Diluted earnings per share (in usd per share) $ 1.29 $ 1.10 $ 3.68 $ 3.04
Weighted average common shares outstanding:        
Basic shares (in shares) 229,500 231,171 230,360 230,811
Diluted shares (in shares) 230,714 233,000 231,675 232,712
Dividends declared and paid per share (in usd per shares) $ 0.22 $ 0.20 $ 0.66 $ 0.60