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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income $ 232,841 $ 212,231 $ 671,718 $ 650,521
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments 26,397 (12,949) (1,261) (6,939)
Reclassification adjustment for defined benefit plans included in net income, net of tax of $21 and $50 in 2024 and $21 and $75 in 2023 122 98 269 395
Unrealized gain (loss) on Euro-denominated notes, net of tax expense (benefit) of $(957) and $(228) in 2024 and $727 and $152 in 2023 (3,068) 2,331 (732) 488
Unrealized gain (loss) on investments, net of tax expense (benefit) of $0 and $0 in 2024 and $0 and $2 in 2023 0 (1) 1 6
Reclassification adjustment on investments included in net income, net of tax of $0 and $51 in 2024 and $0 and $0 in 2023 0 0 163 0
Unrealized gain (loss) on derivative instruments:        
Unrealized gain (loss) on foreign currency exchange contracts, net of tax expense (benefit) of $(2,868) and $228 in 2024 and $2,765 and $2,785 in 2023 (7,702) 7,645 444 7,305
Unrealized gain (loss) on cross currency swaps, net of tax expense (benefit) of $(1,171) and $(116) in 2024 and $579 and $(361) in 2023 (3,754) 1,858 (370) (1,158)
Unrealized gain (loss) on interest rate swap, net of tax expense (benefit) of $(560) and $310 in 2024 and $545 and $1,638 in 2023 (1,793) 1,749 997 5,254
Reclassification adjustments for (gain) loss included in net income, net of tax (expense) benefit of $(380) and $(1,563) in 2024 and $(701) and $(945) in 2023 (992) (1,957) (4,276) (2,446)
Unrealized gain (loss) on derivative instruments (14,241) 9,295 (3,205) 8,955
Other comprehensive income (loss), net of tax 9,210 (1,226) (4,765) 2,905
Comprehensive income $ 242,051 $ 211,005 $ 666,953 $ 653,426