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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 25, 2021
Sep. 26, 2020
Cash flows from operating activities:    
Net income $ 775,776 $ 613,065
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 194,731 158,634
Loss/(gain) on disposition of property and equipment 3,295 (774)
Share-based compensation expense 35,737 26,977
Deferred income taxes 14,996 (3,734)
Change in assets and liabilities:    
Inventories (416,503) (312,259)
Prepaid expenses and other current assets (15,891) (35,233)
Accounts payable 221,717 413,875
Accrued employee compensation 2,306 80,606
Other accrued expenses 74,680 20,279
Income taxes (26,003) (11,908)
Other 6,996 55,447
Net cash provided by operating activities 871,837 1,004,975
Cash flows from investing activities:    
Capital expenditures (382,358) (161,292)
Proceeds from sale of property and equipment 1,094 1,130
Net cash used in investing activities (381,264) (160,162)
Cash flows from financing activities:    
Borrowings under debt facilities 0 1,159,000
Repayments under debt facilities 0 (646,500)
Debt discounts and issuance costs 0 (1,237)
Principal payments under finance lease liabilities (3,367) (3,098)
Repurchase of shares to satisfy tax obligations (14,636) (7,732)
Repurchase of common stock (597,973) (263,219)
Net proceeds from issuance of common stock 75,193 73,753
Cash dividends paid to stockholders (179,835) (128,035)
Net cash (used in)/provided by financing activities (720,618) 182,932
Net change in cash and cash equivalents (230,045) 1,027,745
Cash and cash equivalents at beginning of period 1,341,756 84,241
Cash and cash equivalents at end of period 1,111,711 1,111,986
Cash paid during the period for:    
Interest 16,008 18,304
Income taxes 229,122 191,743
Supplemental disclosures of non-cash activities:    
Non-cash accruals for property and equipment 22,036 14,199
Increase of operating lease assets and liabilities from new or modified leases 534,222 381,486
Increase of finance lease assets and liabilities from new or modified leases $ 0 $ 6,028