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General (Tables)
 9 Months Ended
Sep. 30, 2025
Accounting Policies [Abstract]  
Schedule of Reconciliation of Prepaid Expenses And Other Current Assets
The following table provides a detail of prepaid expenses and other current assets reported within the Condensed Consolidated Balance Sheets as of:
(in thousands)September 30, 2025December 31, 2024
Prepaid expenses$140,136 $118,401 
Consideration receivable from vendors1,086,099 972,842 
Other current assets495,792 584,067 
Total prepaid expenses and other current assets$1,722,027 $1,675,310 
Schedule of Derivative Instruments
The following table summarizes the classification and carrying amounts of the derivative instruments and the foreign currency denominated debt, a non-derivative financial instrument, that are designated and qualify as part of hedging relationships (in thousands):
September 30, 2025December 31, 2024
InstrumentBalance Sheet LocationNotionalBalanceNotionalBalance
Net investment hedges:
Forward contractPrepaid expenses and other current assets$245,960$5,765$1,867,966$85,834
Forward contractsOther current liabilities$1,633,396$70,736$—$—
Foreign currency debt Long-term debt€475,000$557,033€475,000$494,285
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The tables below present gains and losses related to designated net investment hedges:
Gain (Loss) Recognized in AOCL before ReclassificationsGain Recognized in Interest Expense for Excluded Components
(in thousands)2025202420252024
Three Months Ended September 30,
Net investment hedges:
Forward contracts$8,163 $(52,429)$5,939 $4,731 
Foreign currency debt (333)(31,570)— 
Total$7,830 $(83,999)$5,939 $4,731 
Gain (Loss) Recognized in AOCL before ReclassificationsGain Recognized in Interest Expense for Excluded Components
(in thousands)2025202420252024
Nine Months Ended September 30,
Net investment hedges:
Forward contracts$(144,923)$(32,174)$17,453 $13,750 
Foreign currency debt (62,748)(8,820)— 
Total$(207,671)$(40,994)$17,453 $13,750 
Schedule of Supplier Finance Program
(in thousands)September 30, 2025
Obligations outstanding at the beginning of the period$3,372,304 
Invoices confirmed during the period3,016,055 
Confirmed invoices paid during the period(3,248,797)
Confirmed obligations outstanding at the end of the period$3,139,562 
Schedule of Earnings per Share, Basic and Diluted
The following table summarizes basic and diluted shares outstanding:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands, except per share data)2025202420252024
Net income$226,171 $226,582 $675,443 $771,020 
Weighted average common shares outstanding139,099 139,193 138,959 139,326 
Dilutive effect of stock options and non-vested restricted stock awards307 406 298 500 
Weighted average common shares outstanding – assuming dilution139,406 139,599 139,257 139,826 
Basic earnings per share$1.63 $1.63 $4.86 $5.53 
Diluted earnings per share$1.62 $1.62 $4.85 $5.51