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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2016
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Earnings per Share | The following table sets forth the computation of basic and diluted earnings per share:
|  | Year ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Net income |  | $ | 724,847 |  |  | $ | 685,866 |  |  | $ | 659,571 |
Weighted average ordinary shares outstanding (in thousands) |  |  | 170,155 |  |  |  | 179,218 |  |  |  | 188,487 |
Dilutive effect: |  |  |  |  |  |  |  |  |  |  |  |
Employee stock options, RSUs and PSUs (in thousands) |  |  | 3,141 |  |  |  | 4,401 |  |  |  | 3,813 |
Diluted weighted average ordinary shares outstanding (in thousands) |  |  | 173,296 |  |  |  | 183,619 |  |  |  | 192,300 |
Basic earnings per ordinary share |  | $ | 4.26 |  |  | $ | 3.83 |  |  | $ | 3.50 |
Diluted earnings per ordinary share |  | $ | 4.18 |  |  | $ | 3.74 |  |  | $ | 3.43 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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