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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net income $ 217,679 $ 587,500
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 133,756 115,252
Equity-based compensation 17,040 15,612
Deferred income taxes 16,249 (21,024)
Other adjustments (4,195) 18,705
Changes in certain assets and liabilities:    
Accounts receivable (303,602) (130,753)
Inventories 13,810 (133,025)
Other assets (32,115) (12,176)
Accounts payable 248,600 29,499
Income taxes receivable/payable 42,815 165,664
Accrued expenses (197,434) (280,037)
Net cash provided by operating activities 152,603 355,217
Investing activities:    
Purchases of property, plant and equipment (305,506) (374,310)
Purchases of short-term investments (10,000) (205,873)
Proceeds from maturities of short-term investments 137,811 272,994
Other investing activities (1,064) 14,255
Net cash used in investing activities (178,759) (292,934)
Financing activities:    
Issuance of current and long-term debt 1,405,943 379,268
Repayment of current and long-term debt (432,527) (413,939)
Dividends paid (69,514) (68,008)
Purchases of treasury stock (250,138) (298,059)
Other financing activities (30,469) (23,108)
Net cash provided by (used in) financing activities 623,295 (423,846)
Increase (decrease) in cash, cash equivalents, and restricted cash 597,139 (361,563)
Cash, cash equivalents, and restricted cash at beginning of period 595,010 1,406,464
Cash, cash equivalents, and restricted cash at end of period 1,192,149 1,044,901
Supplemental disclosure information:    
Cash paid for interest 28,477 9,327
Cash paid for income taxes, net $ 3,717 $ 28,390