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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 4,783,738 $ 3,823,227 $ 9,248,452 $ 7,915,753
Cost of goods sold 3,094,633 2,532,740 6,018,532 5,237,088
Gross profit 1,689,105 1,290,487 3,229,920 2,678,665
Operating expenses:        
Selling, administrative and other expenses 1,349,309 971,589 2,544,473 2,114,286
Depreciation and amortization 73,960 66,733 146,256 133,987
Provision for doubtful accounts 5,037 11,300 9,946 17,819
Restructuring costs 0 25,059 0 28,041
Goodwill impairment charge 0 506,721 0 506,721
Total operating expenses 1,428,306 1,581,402 2,700,675 2,800,854
Non-operating (income) expenses:        
Interest expense 16,107 25,465 35,169 46,430
Other (24,915) (11,944) (61,390) (24,776)
Total non-operating (income) expenses (8,808) 13,521 (26,221) 21,654
Income (loss) before income taxes 269,607 (304,436) 555,466 (143,843)
Income taxes 73,111 59,065 141,260 97,312
Net income (loss) from continuing operations 196,496 (363,501) 414,206 (241,155)
Net loss from discontinued operations 0 (200,871) 0 (186,682)
Net income (loss) $ 196,496 $ (564,372) $ 414,206 $ (427,837)
Dividends declared per common share (usd per share) $ 0.8150 $ 0.7900 $ 1.6300 $ 1.5800
Basic earnings (loss) per share:        
Continuing operations (usd per share) 1.36 (2.52) 2.87 (1.67)
Discontinued operations (usd per share) 0 (1.39) 0 (1.29)
Basic earnings (loss) per share (usd per share) 1.36 (3.91) 2.87 (2.96)
Diluted earnings (loss) per share:        
Continuing operations (usd per share) 1.36 (2.52) 2.85 (1.67)
Discontinued operations (usd per share) 0 (1.39) 0 (1.29)
Diluted earnings (loss) per share (usd per share) $ 1.36 $ (3.91) $ 2.85 $ (2.96)
Weighted average common shares outstanding (in shares) 144,211 144,262 144,312 144,657
Dilutive effect of stock options and non-vested restricted stock awards (in shares) 772 0 846 0
Weighted average common shares outstanding - assuming dilution (in shares) 144,983 144,262 145,158 144,657