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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash provided by (used for) operations    
Net income $ 740,298 $ 543,411
Items in net income not using (providing) cash    
Depreciation and amortization, including deferred financing costs and other 71,213 61,559
Stock-based compensation 8,690 5,684
Pension expense 253 57
Deferred income taxes 45,365 (12,017)
Change in fair value of interest rate swaps (3,594) (1,058)
Other (830) 928
Decrease (increase) in working capital, net of acquisitions    
Receivables (51,027) (99,881)
Inventories (83,539) (142,171)
Prepaid expenses and other (5,901) (7,007)
Accounts payable and accrued liabilities 78,444 186,090
Pension contributions (922) (229)
Income taxes payable 14,970 (7,927)
Other 705 (348)
Net cash provided by operations 814,125 527,091
Cash provided by (used for) investment    
Expenditures for property and equipment (61,835) (51,460)
Acquisitions of businesses and facilities (516,881) 0
Proceeds from sales of assets and other 3,094 636
Net cash used for investment (575,622) (50,824)
Cash provided by (used for) financing    
Borrowings of long-term debt, including revolving credit facility 0 28,000
Payments of long-term debt, including revolving credit facility 0 (28,000)
Payments of deferred financing costs (1,170) 0
Dividends paid on common stock (114,025) (90,969)
Tax withholding payments on stock-based awards (3,930) (2,729)
Other (1,221) (1,065)
Net cash used for financing (120,346) (94,763)
Net increase in cash and cash equivalents 118,157 381,504
Balance at beginning of the period 748,907 405,382
Balance at end of the period $ 867,064 $ 786,886