CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 121,931	$ 126,030
Non-controlling interests in subsidiaries' income	28	1
Net income including non-controlling interests	121,959	126,031
Adjustments to reconcile Net income to Net cash provided by operating activities:
Rationalization and asset impairment net charges (Note 6)	0	1,188
Depreciation and amortization	21,295	19,891
Equity earnings in affiliates, net	(188)	(113)
Deferred income taxes	(7,019)	(18,207)
Stock-based compensation	11,634	11,148
Other, net	(1,957)	(162)
Changes in operating assets and liabilities, net of effects from acquisitions:
Increase in accounts receivable	(27,664)	(86,120)
Decrease (increase) in inventories	5,881	(55,407)
Increase in other current assets	(16,587)	(25,152)
Increase in trade accounts payable	6,841	39,284
Increase in other current liabilities	10,505	32,116
Net change in other assets and liabilities	(769)	(1,407)
NET CASH PROVIDED BY OPERATING ACTIVITIES	123,931	43,090
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(18,787)	(18,672)
Acquisition of businesses, net of cash acquired	0	(22,013)
Proceeds from sale of property, plant and equipment	3,314	569
Purchase of marketable securities	(576)	0
NET CASH USED BY INVESTING ACTIVITIES	(16,049)	(40,116)
CASH FLOWS FROM FINANCING ACTIVITIES
(Payments on) proceeds from short-term borrowings	(43,940)	98,408
Payments on long-term borrowings	(111)	(2,100)
Proceeds from exercise of stock options	2,476	1,035
Purchase of shares for treasury	(32,158)	(104,579)
Cash dividends paid to shareholders	(37,583)	(33,361)
NET CASH USED BY FINANCING ACTIVITIES	(111,316)	(40,597)
Effect of exchange rate changes on Cash and cash equivalents	5,087	(962)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	1,653	(38,585)
Cash and cash equivalents at beginning of period	197,150	192,958
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 198,803	$ 154,373