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Statements of Consolidated Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net sales $ 3,279,462 $ 3,152,285 $ 9,073,011 $ 8,734,708
Cost of goods sold 1,643,173 1,577,733 4,539,184 4,497,721
Gross profit $ 1,636,289 $ 1,574,552 $ 4,533,827 $ 4,236,987
Percent to net sales 49.90% 49.90% 50.00% 48.50%
Selling, general and administrative expenses $ 1,058,128 $ 993,625 $ 3,114,455 $ 2,922,046
Percent to net sales 32.30% 31.50% 34.30% 33.50%
Other general expense - net $ 813 $ 9,117 $ 21,100 $ 17,415
Interest expense 44,100 16,995 110,710 42,231
Interest and net investment income (1,647) 32 (3,086) (943)
Other (income) expense - net (725) 4,061 (551) 4,493
Income before income taxes 535,620 550,722 1,291,199 1,251,745
Income taxes 148,887 176,231 361,526 395,913
Net income $ 386,733 $ 374,491 $ 929,673 $ 855,832
Net income per common share:        
Basic (in dollars per share) $ 4.20 $ 4.06 $ 10.13 $ 9.26
Diluted (in dollars per share) $ 4.08 $ 3.97 $ 9.85 $ 9.03
Average shares outstanding - basic (in shares) 91,992,854 92,196,458 91,752,482 92,398,962
Average shares and equivalents outstanding - diluted (in shares) 94,771,807 94,433,075 94,421,190 94,776,387
Comprehensive income $ 390,601 $ 321,738 $ 858,547 $ 758,373