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CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CONSOLIDATED INCOME STATEMENTS      
Net sales $ 14,868,860 $ 11,762,526 $ 6,521,207
Cost of sales (8,668,915) (7,087,739) (4,611,602)
Gross profit 6,199,945 4,674,787 1,909,605
Selling, general and administrative expenses (1,919,307) (1,634,575) (1,206,569)
Impairment charge (76,725) (57,075)
Other operating income 53,043 104,497 68,245
Other operating expenses (17,273) (104,709) (6,697)
Operating income 4,316,408 2,963,275 707,509
Finance income 213,474 80,020 38,048
Finance cost (106,862) (45,940) (23,677)
Other financial results 114,365 (40,120) 8,295
Income before equity in earnings of non-consolidated companies and income tax 4,537,385 2,957,235 730,175
Equity in earnings of non-consolidated companies 95,404 208,702 512,591
Income before income tax 4,632,789 3,165,937 1,242,766
Income tax (674,956) (617,236) (189,448)
Income for the year 3,957,833 2,548,701 1,053,318
Attributable to:      
Shareholders' equity 3,918,065 2,553,280 1,100,191
Non-controlling interests 39,768 (4,579) (46,873)
Income for the year $ 3,957,833 $ 2,548,701 $ 1,053,318
Earnings per share attributable to shareholders' equity during the year:      
Weighted average number of outstanding ordinary shares (thousands) (in shares) 1,178,738 1,180,537 1,180,537
Basic earnings per share (U.S. dollars per share) $ 3.32 $ 2.16 $ 0.93
Diluted earnings per share (U.S. dollars per share) 3.32 2.16 0.93
American Depositary Shares (“ADSs”)      
Earnings per share attributable to shareholders' equity during the year:      
Basic earnings per share (U.S. dollars per share) [1] 6.65 4.33 1.86
Diluted earnings per share (U.S. dollars per share) [1] $ 6.65 $ 4.33 $ 1.86
[1] Each ADS equals two shares.