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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common stock $1 par value
Additional paid-in capital
Retained earnings
Accumulated other comprehensive earnings (loss)
Treasury stock
Beginning balance 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 470,813     470,813    
Dividends paid (141,474)     (141,474)    
Common stock issued for the exercise of share-based awards (11,068) 174 (11,242)      
Stock-based compensation expense 18,723   18,723      
Other comprehensive earnings (loss), net of tax 38,721       38,721  
Other, net 24     24    
Ending balance at Jun. 30, 2023 4,662,105 259,818 875,041 10,552,433 (227,502) (6,797,685)
Beginning balance at Mar. 31, 2023 4,460,561 259,794 866,705 10,380,895 (249,148) (6,797,685)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 242,239     242,239    
Dividends paid (70,701)     (70,701)    
Common stock issued for the exercise of share-based awards 1,919 24 1,895      
Stock-based compensation expense 6,441   6,441      
Other comprehensive earnings (loss), net of tax 21,646       21,646  
Ending balance at Jun. 30, 2023 4,662,105 259,818 875,041 10,552,433 (227,502) (6,797,685)
Beginning balance at Dec. 31, 2023 5,106,605 259,842 886,690 10,995,624 (237,866) (6,797,685)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 914,043     914,043    
Dividends paid (141,644)     (141,644)    
Common stock issued for the exercise of share-based awards (6,905) 129 (7,034)      
Stock-based compensation expense 24,679   24,679      
Common stock acquired, including accelerated share repurchase program and excise tax (504,250)   (75,000)     (429,250)
Other comprehensive earnings (loss), net of tax (28,905)       (28,905)  
Ending balance at Jun. 30, 2024 5,363,623 259,971 829,335 11,768,023 (266,771) (7,226,935)
Beginning balance at Mar. 31, 2024 5,152,852 259,943 817,839 11,556,408 (254,403) (7,226,935)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 281,822     281,822    
Dividends paid (70,207)     (70,207)    
Common stock issued for the exercise of share-based awards 2,004 28 1,976      
Stock-based compensation expense 9,520   9,520      
Other comprehensive earnings (loss), net of tax (12,368)       (12,368)  
Ending balance at Jun. 30, 2024 $ 5,363,623 $ 259,971 $ 829,335 $ 11,768,023 $ (266,771) $ (7,226,935)