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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS      
Sales $ 33,107,120 $ 37,124,422 $ 34,477,018
Cost of sales 28,958,102 32,287,797 30,274,653
Gross profit 4,149,018 4,836,625 4,202,365
Operating expenses:      
Selling, general, and administrative expenses 2,412,822 2,567,008 2,435,030
Depreciation and amortization 181,116 187,382 195,120
Restructuring, integration, and other charges 83,916 13,741 15,393
Total operating expenses 2,677,854 2,768,131 2,645,543
Operating income 1,471,164 2,068,494 1,556,822
Equity in earnings of affiliated companies 6,407 7,664 3,508
Gain (loss) on investments, net 19,284 (2,857) 12,951
Employee benefit plan expense, net (3,777) (3,503) (5,180)
Interest and other financing expense, net (328,724) (185,648) (131,727)
Income before income taxes 1,164,354 1,884,150 1,436,374
Provision for income taxes 254,991 448,992 325,906
Consolidated net income 909,363 1,435,158 1,110,468
Noncontrolling interests 5,858 8,274 2,271
Net income attributable to shareholders $ 903,505 $ 1,426,884 $ 1,108,197
Net income per share:      
Basic (in dollars per share) $ 16.03 $ 22.01 $ 15.29
Diluted (in dollars per share) $ 15.84 $ 21.80 $ 15.10
Weighted-average shares outstanding:      
Basic (in shares) 56,359 64,838 72,472
Diluted (in shares) 57,035 65,453 73,385