CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Consolidated net income	$ 909,363	$ 1,435,158	$ 1,110,468
Adjustments to reconcile consolidated net income to net cash provided by (used for) operations:
Depreciation and amortization	181,116	187,382	195,120
Amortization of stock-based compensation	41,569	42,930	36,117
Equity in earnings of affiliated companies	(6,407)	(7,664)	(3,508)
Deferred income taxes	(93,980)	(13,050)	24,749
(Gain) loss on investments, net	(12,466)	2,857	(12,833)
Other	22,590	3,612	8,429
Change in assets and liabilities:
Accounts receivable, net	189,425	(1,430,400)	(2,109,159)
Inventories	139,313	(1,165,785)	(960,605)
Accounts payable	(457,382)	945,819	1,766,912
Accrued expenses	38,601	102,193	391,941
Other assets and liabilities	(246,293)	(136,129)	(28,648)
Net cash provided by (used for) operating activities	705,449	(33,077)	418,983
Cash flows from investing activities:
Acquisition of property, plant, and equipment	(83,285)	(78,836)	(83,051)
Proceeds from sale of property, plant, and equipment	0	0	22,171
Proceeds from collections of notes receivable	237	21,125	762
Proceeds from settlement of net investment hedge	10,725	0	0
Net cash used for investing activities	(72,323)	(57,711)	(60,118)
Cash flows from financing activities:
Change in short-term and other borrowings	866,012	258,816	12,938
(Repayments of) proceeds from long-term bank borrowings, net	(1,031,881)	1,233,250	(687)
Redemption of notes	(300,000)	(350,000)	(130,860)
Net proceeds from note offering	496,268	0	495,134
Proceeds from exercise of stock options	17,010	17,340	46,982
Repurchases of common stock	(770,200)	(1,049,487)	(911,548)
Settlement of forward-starting interest rate swap	56,711	0	24,896
Other	(142)	(137)	(159)
Net cash (used for) provided by financing activities	(666,222)	109,782	(463,304)
Effect of exchange rate changes on cash	74,234	(64,273)	(46,982)
Net increase (decrease) in cash and cash equivalents	41,138	(45,279)	(151,421)
Cash and cash equivalents at beginning of year	176,915	222,194	373,615
Cash and cash equivalents at end of year	$ 218,053	$ 176,915	$ 222,194