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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 1,282,960 $ 173,623
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 401,500 87,298
Deferred income taxes (65,696) 3,155
Stock-based compensation expense 25,288 12,098
Net gain on sale of assets (32,235) (1,413)
Other non-cash adjustments 4,805 7,884
Changes in assets and liabilities, net of assets acquired and liabilities assumed:    
Receivables (756,511) (230,627)
Inventories (321,068) (189,692)
Other current assets 5,491 (5,076)
Other assets and liabilities 16,653 60,439
Accounts payable 103,006 205,570
Accrued liabilities 239,024 31,887
Net cash provided by operating activities 903,217 155,146
Cash flows from investing activities:    
Cash used for acquisitions, net of cash acquired (898,113) (15,893)
Proceeds from divestiture of business 76,162  
Purchases of property, plant and equipment (160,179) (83,508)
Proceeds from sale of property, plant and equipment 11,728 3,298
Net cash used in investing activities (970,402) (96,103)
Cash flows from financing activities:    
Borrowings under revolving credit facility 2,420,000 791,000
Repayments under revolving credit facility (2,495,000) (818,000)
Proceeds from long-term debt and other loans 1,000,000 895,625
Repayments of long-term debt and other loans (471,360) (561,541)
Payments of debt extinguishment costs (2,475) (22,686)
Payments of loan costs (17,970) (13,800)
Exercise of stock options 537 1,343
Repurchase of common stock (565,618) (4,153)
Net cash (used in) provided by financing activities (131,886) 267,788
Net change in cash and cash equivalents (199,071) 326,831
Cash and cash equivalents at beginning of period 423,806 14,096
Cash and cash equivalents at end of period 224,735 340,927
Supplemental disclosures of cash flow information:    
Cash paid for interest 75,531 77,734
Cash paid for income taxes 414,515 21,280
Supplemental disclosures of non-cash activities:    
Non-cash consideration for the BMC Merger 3,658,362  
Accrued purchases of property, plant and equipment 13,164 1,336
Right-of-use assets obtained in exchange for operating lease obligations 49,135 33,379
Assets acquired under finance lease obligations 1,644 $ 16,096
Amounts accrued for repurchases of common stock $ 30,756