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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, 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)
Beginning balance at Dec. 31, 2024 6,953,996 260,031 892,686 13,409,633 (327,776) (7,280,578)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 509,885     509,885    
Dividends paid (142,019)     (142,019)    
Common stock issued for the exercise of share-based awards (6,844) 118 (6,962)      
Stock-based compensation expense 30,877   30,877      
Common stock acquired, including accelerated share repurchase program and excise tax (40,700)   0     (40,700)
Other comprehensive earnings (loss), net of tax 136,110       136,110  
Ending balance at Jun. 30, 2025 7,441,305 260,149 916,601 13,777,499 (191,666) (7,321,278)
Beginning balance at Mar. 31, 2025 7,137,767 260,117 907,471 13,569,055 (277,598) (7,321,278)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 279,064     279,064    
Dividends paid (70,620)     (70,620)    
Common stock issued for the exercise of share-based awards 2,159 32 2,127      
Stock-based compensation expense 7,003   7,003      
Other comprehensive earnings (loss), net of tax 85,932       85,932  
Ending balance at Jun. 30, 2025 $ 7,441,305 $ 260,149 $ 916,601 $ 13,777,499 $ (191,666) $ (7,321,278)