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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock, par value $1
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Earnings (Loss)
Treasury Stock
Balance at beginning of year at Dec. 31, 2020 $ 3,385,773 $ 258,982 $ 868,882 $ 8,608,284 $ (153,254) $ (6,197,121)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 1,123,818     1,123,818    
Dividends paid (286,896)     (286,896)    
Common stock issued for the exercise of share-based awards (41,924) 475 (42,399)      
Stock-based compensation expense 31,111   31,111      
Common stock acquired, including accelerated share repurchase program (21,637)         (21,637)
Other comprehensive (loss) earnings , net of tax (798)       (798)  
Other 81   42 39    
Balance at end of year at Dec. 31, 2021 4,189,528 259,457 857,636 9,445,245 (154,052) (6,218,758)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 1,065,376     1,065,376    
Dividends paid (287,551)     (287,551)    
Common stock issued for the exercise of share-based awards (14,637) 187 (14,824)      
Stock-based compensation expense 30,821   30,821      
Common stock acquired, including accelerated share repurchase program (585,000)   (6,073)     (578,927)
Other comprehensive (loss) earnings , net of tax (112,171)       (112,171)  
Balance at end of year at Dec. 31, 2022 4,286,366 259,644 867,560 10,223,070 (266,223) (6,797,685)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 1,056,828     1,056,828    
Dividends paid (284,297)     (284,297)    
Common stock issued for the exercise of share-based awards (12,137) 198 (12,335)      
Stock-based compensation expense 31,465   31,465      
Other comprehensive (loss) earnings , net of tax 28,357       28,357  
Other 23     23    
Balance at end of year at Dec. 31, 2023 $ 5,106,605 $ 259,842 $ 886,690 $ 10,995,624 $ (237,866) $ (6,797,685)