CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 325,879	$ 388,605
Adjustments to reconcile Net income to Net cash provided by operating activities:
Rationalization and asset impairment net charges	25,919	1,128
Depreciation and amortization	65,095	64,701
Deferred income taxes	(13,340)	3,201
Stock-based compensation	19,503	22,124
Pension settlement net charges	3,966	0
Other, net	3,321	(3,898)
Changes in operating assets and liabilities, net of effects from acquisitions:
Decrease in accounts receivable	36,166	6,695
(Increase) decrease in inventories	(21,696)	57,781
Increase in other current assets	(19,911)	(14,729)
Decrease in trade accounts payable	(6,888)	(24,672)
Increase in other current liabilities	67,310	57,975
Net change in other assets and liabilities	17,858	(13,031)
NET CASH PROVIDED BY OPERATING ACTIVITIES	503,182	545,880
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(85,117)	(66,459)
Acquisition of businesses, net of cash acquired	(252,746)	(32,685)
Proceeds from sale of property, plant and equipment	2,506	4,596
Purchase of marketable securities	0	(6,561)
NET CASH USED BY INVESTING ACTIVITIES	(335,357)	(101,109)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from (payments on) short-term borrowings	5,521	(74,818)
Proceeds from long-term borrowings	550,000	0
Payments on long-term borrowings	(400,508)	(7,997)
Proceeds from exercise of stock options	25,880	13,299
Purchase of shares for treasury	(211,212)	(130,589)
Cash dividends paid to shareholders	(121,979)	(111,277)
NET CASH USED BY FINANCING ACTIVITIES	(152,298)	(311,382)
Effect of exchange rate changes on Cash and cash equivalents	(5,096)	12,128
INCREASE IN CASH AND CASH EQUIVALENTS	10,431	145,517
Cash and cash equivalents at beginning of period	393,787	197,150
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 404,218	$ 342,667