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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue $ 2,006,275 $ 1,707,763 $ 5,812,998 $ 5,016,381
Cost of goods and services 1,261,942 1,075,975 3,658,045 3,164,116
Gross profit 744,333 631,788 2,154,953 1,852,265
Selling, general and administrative expenses 470,516 421,042 1,439,852 1,301,901
Operating earnings 273,817 210,746 715,101 550,364
Interest Expense 35,453 33,789 108,794 100,886
Interest Income (1,761) (795) (6,679) (4,021)
Gain on sale of businesses 0 0 (90,093) (12,061)
Other expense (income), net 2,697 (3,424) 2,888 (7,739)
Earnings before provision for income taxes 237,428 181,176 700,191 473,299
Provision for income taxes 58,516 51,092 184,974 125,569
Net earnings $ 178,912 $ 130,084 $ 515,217 $ 347,730
Net earnings per share: [Abstract]        
Net earnings (in dollars per basic share) $ 1.15 $ 0.84 $ 3.31 $ 2.24
Net earnings (in dollars per diluted share) $ 1.14 $ 0.83 $ 3.27 $ 2.22
Weighted average shares outstanding: [Abstract]        
Weighted average shares outstanding - basic 155,757,000 155,300,000 155,668,000 155,182,000
Weighted average shares outstanding - diluted 157,555,000 156,798,000 157,565,000 156,562,000
Dividends paid per common share (in dollars per share) $ 0.47 $ 0.44 $ 1.35 $ 1.28