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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Statement of Comprehensive Income [Abstract]      
Net income $ 704,216 $ 895,073 $ 811,483 [1],[2]
Other comprehensive loss:      
Foreign currency translation losses, net of tax (367,249) (15,855) (362,001)
Net change in derivative contracts, net of tax (23,444) (42,752) 0
Total other comprehensive loss (390,693) (58,607) (362,001)
Total comprehensive income $ 313,523 $ 836,466 $ 449,482
[1] The Company applied the modified retrospective transition method when adopting ASU 2016-02 "Leases", therefore the Company's 2018 prior results were not restated to reflect ASU 2016-02. Refer to footnote 14.
[2] The Company applied the modified retrospective transition method when adopting ASU 2016-02 "Leases", therefore the Company's 2018 prior results were not restated to reflect ASU 2016-02. Refer to footnote 14.