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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Net sales $ 18,735,073 $ 16,308,801 $ 15,339,713
Cost of goods sold 12,751,286 11,402,403 10,740,106
Gross margin 5,983,787 4,906,398 4,599,607
Operating expenses:      
Selling, administrative, and other expenses 4,615,290 3,726,233 3,391,971
Depreciation and amortization 241,635 167,691 147,487
Provision for doubtful accounts 17,147 13,932 11,515
Total operating expenses 4,874,072 3,907,856 3,550,973
Non-operating expenses (income):      
Interest expense 101,925 41,486 21,084
Other (67,822) (52,212) (46,790)
Total non-operating expenses (income) 34,103 (10,726) (25,706)
Income before income taxes 1,075,612 1,009,268 1,074,340
Income taxes 265,138 392,511 387,100
Net income $ 810,474 $ 616,757 $ 687,240
Basic net income per common share (in dollars per share) $ 5.53 $ 4.19 $ 4.61
Diluted net income per common share (in dollars per share) $ 5.50 $ 4.18 $ 4.59
Weighted average common shares outstanding (in shares) 146,657 147,140 149,051
Dilutive effect of stock options and nonvested restricted stock awards (in shares) 584 561 753
Weighted average common shares outstanding — assuming dilution (in shares) 147,241 147,701 149,804
Net income $ 810,474 $ 616,757 $ 687,240
Other comprehensive (loss) income, net of tax:      
Foreign currency translation adjustment (233,235) 137,694 (8,957)
Net gain (loss) on cash flow and net investment hedges, net of income taxes of 2018 — $10,398; 2017 — $9,711 28,114 (17,388) 0
Pension and postretirement benefit adjustments, net of income taxes of 2018 — $21,297; 2017 — $20,539; 2016 — $50,144 (57,365) 40,123 (73,446)
Other comprehensive (loss) income, net of tax (262,486) 160,429 (82,403)
Comprehensive income $ 547,988 $ 777,186 $ 604,837