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SIGNIFICANT ACCOUNTING POLICIES (Textual) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Significant accounting policies      
Percentage Net Sales Over Time 10.00%    
Operating Income (Loss) $ 282,071 $ 370,910 $ 375,539
Selling, general & administrative expenses $ 543,802 $ 621,489 $ 627,697
Percentage of LIFO Inventory 35.00% 36.00% 37.00%
Maximum period for which derivative contracts cover currency and commodity exposures (in years) 3 years    
Product Warranties      
Period of warranty services (in years) 3 years    
Stock-Based Compensation      
Anti-dilutive shares excluded from the calculation of diluted earnings per share (in shares) 615,302 524,110 324,688
Research and Development      
Research and development costs $ 51,414 $ 56,845 $ 54,168
Bonus      
Costs related to the Company's discretionary employee bonus programs 87,407 100,381 $ 123,799
Inventories      
Inventory Valuation Reserves 24,351 24,088  
Prepaid Expense, Current      
Prepaid Expense, Current 19,584 17,437  
Interest Rate Swap [Member] | Designated as Hedging Instruments      
Significant accounting policies      
Notional amount of derivative instruments $ 100,000 $ 50,000