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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Condensed Consolidated Statements of Income        
Sales $ 3,207,638 $ 2,666,528 $ 8,775,720 $ 7,667,010
Cost of goods sold, including warehouse and distribution expenses 1,527,170 1,243,998 4,162,166 3,596,903
Gross profit 1,680,468 1,422,530 4,613,554 4,070,107
Selling, general and administrative expenses 955,455 886,167 2,728,490 2,590,884
Operating income 725,013 536,363 1,885,064 1,479,223
Other income (expense):        
Interest expense (41,668) (35,858) (122,777) (104,687)
Interest income 582 656 1,892 1,813
Other, net 2,479 732 2,297 4,667
Total other expense (38,607) (34,470) (118,588) (98,207)
Income before income taxes 686,406 501,893 1,766,476 1,381,016
Provision for income taxes 159,154 110,600 407,119 314,890
Net income $ 527,252 $ 391,293 $ 1,359,357 $ 1,066,126
Earnings per share-basic:        
Earnings per share $ 7.13 $ 5.14 $ 18.28 $ 13.77
Weighted-average common shares outstanding - basic 73,916 76,172 74,377 77,415
Earnings per share-assuming dilution:        
Earnings per share $ 7.07 $ 5.08 $ 18.12 $ 13.63
Weighted-average common shares outstanding - assuming dilution 74,586 76,969 75,026 78,220