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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CONSOLIDATED STATEMENTS OF INCOME      
Net sales (Note 2) $ 4,233,003 $ 4,008,670 $ 4,191,636
Cost of goods sold 2,698,751 2,535,758 2,726,191
Gross profit 1,534,252 1,472,912 1,465,445
Selling, general & administrative expenses 797,994 780,590 758,910
Rationalization and asset impairment net charges (Note 7) 18,199 55,860 (11,314)
Operating income 718,059 636,462 717,849
Interest expense, net 51,561 42,786 44,371
Other income (Note 12) 8,952 473 13,388
Income before income taxes 675,450 594,149 686,866
Income taxes (Note 13) 154,917 128,041 141,618
Net income $ 520,533 $ 466,108 $ 545,248
Basic earnings per share (Note 3) $ 9.39 $ 8.23 $ 9.5
Diluted earnings per share (Note 3) 9.32 8.15 9.37
Cash dividends declared per share $ 3.04 $ 2.88 $ 2.63