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Statements of Consolidated Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net sales $ 14,983,788 $ 11,855,602 $ 11,339,304
Cost of goods sold 8,202,577 5,932,851 5,779,691
Gross profit $ 6,781,211 $ 5,922,751 $ 5,559,613
Percent to net sales 45.30% 50.00% 49.00%
Selling, general and administrative expenses $ 4,785,415 $ 4,134,517 $ 3,885,668
Percent to net sales 31.90% 34.90% 34.30%
Other general expense - net $ 20,865 $ 12,368 $ 30,268
Amortization 206,764 25,404 28,237
Impairment of goodwill and trademarks 2,022 10,688 0
Interest expense 263,471 154,088 61,791
Interest and net investment income (8,571) (4,960) (1,399)
Other (income) expense - net (16,974) (4,587) 6,082
Income from continuing operations before income taxes 1,528,219 1,595,233 1,548,966
Income tax (credit) expense (285,583) 462,530 495,117
Net income from continuing operations 1,813,802 1,132,703 1,053,849
Loss from discontinued operations
Income taxes 41,540
Net loss from discontinued operations (41,540) 0 0
Net income $ 1,772,262 $ 1,132,703 $ 1,053,849
Basic net income per common share:      
Continuing operations (in dollars per share) $ 19.52 $ 12.33 $ 11.43
Discontinued operations (in dollars per share) (0.44) 0.00 0.00
Net income per common share - basic (in dollars per share) 19.08 12.33 11.43
Diluted net income per common share      
Continuing operations (in dollars per share) 19.11 11.99 11.15
Discontinued operations (in dollars per share) (0.44) 0.00 0.00
Net income per common share - diluted (in dollars per share) $ 18.67 $ 11.99 $ 11.15