Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

	2023		2022		2021
United States	$	142,078	$	144,107	$	109,918
Non-United States	831,650		926,485		839,443
Earnings before taxes	$	973,728	$	1,070,592	$	949,361

Schedule of Components of Income Tax Expense (Benefit)

	Current		Deferred		Total
Year ended December 31, 2023:
United States federal	$	20,036	$	(10,949)	$	9,087
United States state and local	8,946		(838)		8,108
Non-United States	169,341		(1,586)		167,755
Total	$	198,323	$	(13,373)	$	184,950
Year ended December 31, 2022:
United States federal	$	363	$	9,710	$	10,073
United States state and local	4,893		1,282		6,175
Non-United States	166,317		15,525		181,842
Total	$	171,573	$	26,517	$	198,090
Year ended December 31, 2021:
United States federal	$	7,750	$	(7,415)	$	335
United States state and local	3,670		(1,099)		2,571
Non-United States	168,393		9,077		177,470
Total	$	179,813	$	563	$	180,376

Schedule of Effective Income Tax Rate Reconciliation

	2023		2022		2021
Expected tax	$	204,483	$	224,825	$	199,365
United States state and local income taxes, net of federal income tax benefit	6,858		5,132		1,235
Non-United States income taxes at other than U.S. federal rate	(14,611)		(3,055)		3,439
Excess tax benefits from stock option exercises	(13,674)		(22,965)		(22,843)
Other, net	1,894		(5,847)		(820)
Total provision for taxes	$	184,950	$	198,090	$	180,376

Schedule of Deferred Tax Assets and Liabilities

	2023		2022
Deferred tax assets:
Inventory	$	24,969	$	26,401
Lease liability, accrued and other liabilities	92,601		91,892
Accrued post-retirement benefit and pension costs	34,015		33,010
Net operating loss and other tax carryforwards	43,036		37,797
Swiss tax reform intangible assets	55,767		49,642
Other	6,726		4,927
Total deferred tax assets	257,114		243,669
Less valuation allowance	(73,460)		(62,615)
Total deferred tax assets less valuation allowance	183,654		181,054
Deferred tax liabilities:
Inventory	12,095		8,053
Lease right-of-use assets and other assets	26,510		28,297
Property, plant, and equipment	83,326		76,867
Acquired intangibles amortization	62,479		61,278
Prepaid post-retirement benefit and pension costs	49,918		52,197
International earnings	19,641		27,357
Unrealized currency gains	7,165		11,285
Total deferred tax liabilities	261,134		265,334
Net deferred tax (liability) asset	$	(77,480)	$	(84,280)

Summary of Income Tax Contingencies

	2023		2022
Unrecognized tax benefits at beginning of year	$	50,822	$	46,432
Increases related to current tax positions	5,867		12,942
Decreases related to prior year tax positions	(2,641)		(7,245)
Impact of foreign currency	4,177		(1,307)
Unrecognized tax benefits at end of year	$	58,225	$	50,822