Segment Data (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Summary of Segment Data

	2019			2018			2017
Net sales: (1)
Automotive	$	10,987,533		$	10,526,520		$	8,583,317
Industrial	6,528,332			6,298,584			5,805,012
Business products	1,876,440			1,909,969			1,920,472
Total net sales	$	19,392,305		$	18,735,073		$	16,308,801
Segment profit:
Automotive	$	830,359		$	854,389		$	720,465
Industrial	521,830			487,360			440,454
Business products	77,728			88,756			98,882
Total segment profit	$	1,429,917		$	1,430,505		$	1,259,801
Interest expense, net	$	(91,315	)	$	(92,093	)	$	(38,677	)
Corporate expense	$	(137,592	)	$	(137,723	)	$	(110,722	)
Intangible asset amortization	$	(97,459	)	$	(88,972	)	$	(51,993	)
Other unallocated amounts:
Restructuring costs	$	(112,184	)	$	—		$	—
Special termination costs	(42,757		)	—			—
Goodwill impairment charge	(81,968		)	—			—
Realized currency and other divestiture losses	(41,499		)	—			—
Termination fee	—			12,000			—
Gain on equity investment	38,663			—			—
Transaction and other costs	(33,506		)	(48,105		)	(49,141		)
Total other unallocated amounts	$	(273,251	)	$	(36,105	)	$	(49,141	)
Income before income taxes	$	830,300		$	1,075,612		$	1,009,268
Assets:
Automotive	$	7,376,571		$	6,246,911		$	6,140,829
Industrial	1,994,115			1,790,410			1,645,271
Business products	942,038			860,279			859,335
Corporate	470,460			245,022			212,566
Goodwill and other intangible assets	3,862,445			3,540,418			3,554,380
Total assets	$	14,645,629		$	12,683,040		$	12,412,381

	2019		2018		2017
Depreciation and amortization:
Automotive	$	122,905	$	105,238	$	71,405
Industrial	17,577		14,518		13,446
Business products	7,730		10,472		11,262
Corporate	24,617		22,435		19,585
Intangible asset amortization	97,459		88,972		51,993
Total depreciation and amortization	$	270,288	$	241,635	$	167,691
Capital expenditures:
Automotive	$	227,420	$	198,910	$	118,181
Industrial	39,003		21,783		28,566
Business products	20,613		7,320		6,726
Corporate	10,833		4,409		3,287
Total capital expenditures	$	297,869	$	232,422	$	156,760
Net sales:
United States	$	14,041,308	$	13,927,091	$	13,246,619
Europe	2,223,498		1,860,912		256,364
Canada	1,669,803		1,624,890		1,525,421
Australasia	1,369,361		1,193,148		1,162,122
Mexico	88,335		129,032		118,275
Total net sales	$	19,392,305	$	18,735,073	$	16,308,801
Net property, plant and equipment:
United States	$	804,841	$	726,068	$	647,386
Europe	153,357		110,184		96,857
Canada	103,320		91,387		90,857
Australasia	147,457		95,578		95,299
Mexico	5,808		4,014		6,303
Total net property, plant and equipment	$	1,214,783	$	1,027,231	$	936,702

(1) The net effect of discounts, incentives, and freight billed to customers has been allocated to their respective segments for the current and prior periods. Previously, the net effect of such items were captured and presented separately in a line item entitled “Other.”

Revenue from External Customers by Geographic Areas

The following table presents disaggregated geographical net sales from contracts with customers by reportable segment. The Company believes this presentation best depicts how the nature, amount, timing and uncertainty of net sales and cash flows are affected by economic factors:

	2019		2018		2017
North America:
Automotive	$	7,606,678	$	7,472,460	$	7,164,831
Industrial	6,316,328		6,298,584		5,805,012
Business products	1,876,440		1,909,969		1,920,472
Total North America	$	15,799,446	$	15,681,013	$	14,890,315
Australasia:
Automotive	$	1,157,357	$	1,193,148	$	1,162,122
Industrial	212,004		—		—
Total Australasia	$	1,369,361	$	1,193,148	$	1,162,122
Europe - Automotive	$	2,223,498	$	1,860,912	$	256,364
Total net sales	$	19,392,305	$	18,735,073	$	16,308,801