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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 13,013,868 $ 12,458,877 $ 11,207,589
Cost of goods sold 9,235,777 8,852,837 7,954,645
Gross margin 3,778,091 3,606,040 3,252,944
Operating expenses:      
Selling, administrative, and other expenses 2,648,430 2,594,372 2,366,667
Depreciation and amortization 98,383 88,936 89,332
Provision for doubtful accounts 8,047 13,248 10,597
Total operating expenses 2,754,860 2,696,556 2,466,596
Non-operating expenses (income):      
Interest expense 20,482 27,036 28,061
Other (16,183) (8,358) (3,496)
Total non-operating expenses 4,299 18,678 24,565
Income before income taxes 1,018,932 890,806 761,783
Income taxes 370,891 325,690 286,272
Net income 648,041 565,116 475,511
Basic net income per common share $ 4.17 $ 3.61 $ 3.01
Diluted net income per common share $ 4.14 $ 3.58 $ 3.00
Weighted average common shares outstanding 155,413 156,656 158,032
Dilutive effect of stock options and nonvested restricted stock awards 1,007 1,004 429
Weighted average common shares outstanding - assuming dilution 156,420 157,660 158,461
Net income 648,041 565,116 475,511
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustment 23,846 (22,017) 33,742
Pension and postretirement benefit adjustments, net of income taxes of 2012 - $26,465, 2011 - $98,973, and 2010 -$11,083 (43,300) (161,669) (22,197)
Other comprehensive income (loss), net of tax (19,454) (183,686) 11,545
Comprehensive income $ 628,587 $ 381,430 $ 487,056