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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows provided by (used in) operating activities:    
Net income $ 270,199 $ 231,314
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 238,210 198,648
Amortization of debt discount and debt issuance costs 3,911 4,043
Rationalization charges 28,012 38,033
Stock compensation expense 12,916 11,727
Other changes that provided (used) cash:    
Trade accounts receivable, net (861,199) (614,632)
Inventories (57,381) 160,756
Trade accounts payable (183,089) (213,088)
Accrued liabilities (1,161) (6,978)
Other, net (14,383) (23,711)
Net cash (used in) operating activities (563,965) (213,888)
Cash flows provided by (used in) investing activities:    
Capital expenditures (235,791) (192,035)
Proceeds from asset sales 9,756 3,221
Other, net (1,293) (293)
Net cash (used in) investing activities (227,328) (189,107)
Cash flows provided by (used in) financing activities:    
Borrowings under revolving loans 1,492,064 802,389
Repayments under revolving loans (935,832) (310,827)
Repayment of principal amounts under finance leases (3,970) (27,281)
Proceeds from issuance of long-term debt 703,620 0
Repayments of long-term debt (706,274) (100,000)
Changes in outstanding checks - principally vendors (84,971) (160,576)
Dividends paid on common stock (64,773) (61,754)
Debt issuance costs (8,299) 0
Repurchase of common stock (66,160) (7,735)
Net cash provided by financing activities 325,405 134,216
Effect of exchange rate changes on cash and cash equivalents 32,204 (5,637)
Cash and cash equivalents:    
Net (decrease) (433,684) (274,416)
Balance at beginning of year 822,854 642,923
Balance at end of period 389,170 368,507
Interest paid, net 148,488 133,411
Income taxes paid, net $ 62,063 $ 69,748