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Statements of Consolidated Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]      
Net sales $ 10,185,532 $ 9,534,462 $ 8,765,699
Cost of goods sold 5,568,966 5,328,236 5,021,137
Gross profit 4,616,566 4,206,226 [1] 3,744,562
Percent to net sales 45.30% 44.10% 42.70%
Selling, general and administrative expenses 3,467,681 3,259,648 [1] 2,960,814
Percent to net sales 34.00% 34.20% 33.80%
Other general expense - net 2,519 5,248 2,731
Impairment of trademarks   4,086 5,492
Interest expense 62,714 42,788 42,497
Interest and net investment income (3,242) (2,913) (3,711)
Other expense (income) - net 936 (9,940) (4,809)
Income before income taxes 1,085,958 907,309 741,548
Income taxes 333,397 276,275 [1] 299,688 [2]
Net income $ 752,561 $ 631,034 $ 441,860
Net income per common share:      
Basic (in dollars per share) $ 7.41 $ 6.15 $ 4.22
Diluted (in dollars per share) $ 7.26 $ 6.02 $ 4.14
[1] Includes DOL Settlement of $49,163, net of tax (Cost of goods sold $16,000, Selling, general and administrative expenses $64,000 and tax benefit $30,837), or $.47 per share in the Year ended December 31, 2012.
[2] Includes IRS Settlement of $74,982, or approximately $.70 per share, in the Year ended December 31, 2011. See Note 14 for more information on the IRS Settlement.