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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 520,533 $ 466,108 $ 545,248
Adjustments to reconcile Net income to Net cash provided by operating activities:      
Rationalization and asset impairment net charges (Note 7) 1,141 20,887 4,779
Depreciation and amortization 98,546 88,238 86,670
Gain on sale of property 0 0 (36,187)
Deferred income taxes (Note 13) 82,744 (40,328) (20,926)
Stock-based compensation 20,348 24,052 26,231
Pension settlement net charges 719 3,792 0
Other, net 2,655 (6,780) (17,464)
Changes in operating assets and liabilities, net of effects from acquisitions:      
(Increase) decrease in accounts receivable (26,433) 52,829 14,980
(Increase) decrease in inventories (47,783) 25,355 122,094
Increase in other current assets (10,568) (41,558) (35,608)
Increase (decrease) in trade accounts payable 56,257 (27,189) (32,028)
(Decrease) increase in other current liabilities (26,090) 32,703 10,056
Net change in other assets and liabilities (10,896) 868 (303)
NET CASH PROVIDED BY OPERATING ACTIVITIES 661,173 598,977 667,542
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (126,974) (116,603) (90,987)
Acquisition of businesses, net of cash acquired (Note 4) (137,530) (252,746) (32,685)
Proceeds from sale of property, plant and equipment 7,178 7,798 49,494
Other investing activities 0 320 (551)
NET CASH USED BY INVESTING ACTIVITIES (257,326) (361,231) (74,729)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from (payments on) on short-term borrowings 133,252 8,449 (79,873)
Proceeds from long-term borrowings 0 550,000 0
Payments on long-term borrowings (100,169) (400,677) (8,109)
Proceeds from exercise of stock options 11,578 27,404 22,365
Purchase of shares for treasury (338,308) (263,751) (198,765)
Cash dividends paid to shareholders (168,240) (162,143) (148,010)
Other financing activities 0 (3,922) 0
NET CASH USED BY FINANCING ACTIVITIES (461,887) (244,640) (412,392)
Effect of exchange rate changes on Cash and cash equivalents (10,433) (9,631) 16,216
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (68,473) (16,525) 196,637
Cash and cash equivalents at beginning of period 377,262 393,787 197,150
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 308,789 $ 377,262 $ 393,787