CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating activities:
Net income	$ 2,467,332	$ 3,879,492	$ 3,246,814
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	437,804	384,202	347,653
Equity-based compensation	61,744	59,240	57,715
Deferred income taxes	55,665	37,186	322,007
Other adjustments	(19,716)	(1,795)	(3,240)
Changes in certain assets and liabilities:
Accounts receivable	446,765	(110,560)	(944,516)
Inventories	232,282	413,262	(1,685,834)
Other assets	(23,777)	(6,884)	(2,491)
Accounts payable	(30,148)	(289,042)	557,735
Income taxes receivable/payable	56,756	31,623	(105,921)
Accrued expenses	(164,779)	63,679	414,214
Net cash provided by operating activities	3,519,928	4,460,403	2,204,136
Investing activities:
Purchases of property, plant and equipment	(1,657,905)	(908,902)	(1,006,239)
Purchases of short-term investments	(1,145,493)	(927,584)
Proceeds from maturities of short-term investments	1,054,742	297,950
Business combinations, net of cash acquired		(134,090)
Investments in unconsolidated affiliates		(222,480)
Other investing activities	(221,593)	15,837	6,819
Net cash used in investing activities	(1,970,249)	(1,879,269)	(999,420)
Financing activities:
Issuance of current and long-term debt	1,365,664	1,465,257	1,516,556
Repayment of current and long-term debt	(1,367,553)	(1,507,475)	(1,522,002)
Dividends paid	(271,317)	(237,163)	(212,968)
Purchases of treasury stock	(1,452,203)	(1,800,905)	(1,060,632)
Other financing activities	(51,725)	(116,298)	(50,423)
Net cash used in financing activities	(1,777,134)	(2,196,584)	(1,329,469)
Increase (decrease) in cash and equivalents, and restricted cash	(227,455)	384,550	(124,753)
Cash and equivalents, and restricted cash at beginning of period	1,633,919	1,249,369	1,374,122
Cash and equivalents, and restricted cash at end of period	1,406,464	1,633,919	1,249,369
Supplemental disclosure information:
Cash paid for interest	103,165	100,994	103,374
Cash paid for income taxes, net	$ 642,667	$ 1,063,844	$ 737,157