SIGNIFICANT ACCOUNTING POLICIES (Textual) (Details) - USD ($) $ in Thousands	12 Months Ended
Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Significant accounting policies
Percentage Net Sales Over Time	10.00%
Operating Income (Loss)	$ 461,669	$ 282,071	$ 370,910
Selling, general & administrative expenses	597,109	543,802	621,489
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment	126,056
Income Tax Reconciliation Excess Tax Benefits Stock Options	$ 4,681	$ 2,471	$ 3,451
Percentage of LIFO Inventory	36.00%	35.00%	36.00%
Maximum period for which derivative contracts cover currency and commodity exposures (in years)	3 years
Product Warranties
Period of warranty services (in years)	3 years
Stock-Based Compensation
Anti-dilutive shares excluded from the calculation of diluted earnings per share (in shares)	2,949	615,302	524,110
Research and Development
Research and development costs	$ 55,969	$ 51,414	$ 56,845
Bonus
Costs related to the Company's discretionary employee bonus programs	120,686	87,407	$ 100,381
Inventories
Inventory Valuation Reserves	23,087	24,351
Prepaid Expense, Current
Prepaid Expense, Current	$ 20,615	$ 19,584

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Maximum period covered by derivative contracts to hedge currency and commodity exposures, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.

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