CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Consolidated net income	$ 569,694	$ 393,507	$ 909,363
Adjustments to reconcile consolidated net income to net cash provided by operations:
Depreciation and amortization	137,750	162,994	181,116
Amortization of stock-based compensation	27,883	34,631	41,569
Equity in earnings of affiliated companies	(3,198)	(1,368)	(6,407)
Deferred income taxes	(36,182)	(99,866)	(93,980)
Loss on extinguishment of debt	0	1,657	0
(Gain) loss on investments, net	(110,269)	5,068	(10,822)
Other	351	5,520	20,946
Change in assets and liabilities, net of effects of acquired businesses:
Accounts receivable, net	(6,342,006)	(1,013,091)	189,425
Inventories	(286,180)	421,063	139,313
Accounts payable	6,107,791	1,092,488	(457,382)
Accrued expenses	60,415	(140,871)	38,601
Other assets and liabilities	(62,000)	268,681	(246,293)
Net cash provided by operating activities	64,049	1,130,413	705,449
Cash flows from investing activities:
Acquisition of property, plant, and equipment	(101,254)	(92,703)	(83,285)
Proceeds from sale of property, plant, and equipment	0	5,157	0
Cash consideration paid for acquired businesses, net of cash acquired	0	(34,834)	0
Proceeds from settlement of net investment hedges	24,858	10,635	10,725
Proceeds from sale of investments in equity securities	100,000	0	0
Other	0	17,303	237
Net cash provided by (used for) investing activities	23,604	(94,442)	(72,323)
Cash flows from financing activities:
Change in short-term and other borrowings	(592)	(1,155,909)	866,012
Proceeds from (repayments of) long-term bank borrowings, net	302,820	470,347	(1,031,881)
Redemption of notes	(350,000)	(1,000,000)	(300,000)
Net proceeds from note offering	0	989,564	496,268
Proceeds from exercise of stock options	3,452	5,354	17,010
Repurchases of common stock	(161,669)	(265,142)	(770,200)
Settlement of forward-starting interest rate swap	0	0	56,711
Other	(148)	(1,041)	(142)
Net cash used for financing activities	(206,137)	(956,827)	(666,222)
Effect of exchange rate changes on cash	236,144	(108,390)	74,234
Net increase (decrease) in cash and cash equivalents	117,660	(29,246)	41,138
Cash and cash equivalents at beginning of year	188,807	218,053	176,915
Cash and cash equivalents at end of year	$ 306,467	$ 188,807	$ 218,053