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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Activities:    
Net earnings $ 230,821 $ 632,221
Adjustments to reconcile net earnings to cash provided by operating activities:    
Loss (earnings) from discontinued operations, net 8,420 (30,119)
Depreciation and amortization 87,418 81,771
Stock-based compensation expense 23,874 14,690
Gain on dispositions (2,468) (529,943)
Other, net 1,547 33,027
Cash effect of changes in assets and liabilities:    
Accounts receivable, net (5,475) (84,538)
Inventories (49,277) (30,559)
Prepaid expenses and other assets (11,582) (26,307)
Accounts payable (18,522) 21,616
Accrued compensation and employee benefits (127,826) (89,301)
Accrued expenses and other liabilities 7,851 20,127
Accrued and deferred taxes, net 12,693 133,771
Net cash provided by operating activities 157,474 146,456
Investing Activities:    
Additions to property, plant and equipment (48,192) (40,050)
Acquisitions, net of cash and cash equivalents acquired (29,287) (144,872)
Proceeds from dispositions, net of cash transferred 3,804 611,727
Other (511) 5,611
Net cash (used in) provided by investing activities (74,186) 432,416
Financing Activities:    
Repurchase of common stock, including accelerated share repurchase program (40,700) (500,000)
Change in commercial paper and other short-term borrowings, net 38 500,690
Dividends paid to stockholders (71,399) (71,437)
Payments to settle employee tax obligations on exercise of share-based awards (9,003) (8,909)
Other (1,170) (1,126)
Net cash used in financing activities (122,234) (80,782)
Cash Flows from Discontinued Operations:    
Net cash (used in) provided by operating activities of discontinued operations (862) 20,136
Net cash used in investing activities of discontinued operations 0 (2,565)
Net cash (used in) provided by discontinued operations (862) 17,571
Effect of exchange rate changes on cash and cash equivalents 251 (1,568)
Net (decrease) increase in cash and cash equivalents (39,557) 514,093
Cash and cash equivalents at beginning of period 1,844,877 415,861
Cash and cash equivalents at end of period $ 1,805,320 $ 929,954