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Statements of Consolidated Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Net sales $ 3,965,006 $ 2,761,387
Cost of goods sold 2,278,159 1,418,334
Gross profit $ 1,686,847 $ 1,343,053
Percent to net sales 42.50% 48.60%
Selling, general and administrative expenses $ 1,214,565 $ 1,011,021
Percent to net sales 30.60% 36.60%
Other general expense - net $ 2,990 $ 276
Amortization 85,049 6,170
Interest expense 91,547 25,695
Interest and net investment income (1,618) (1,280)
Other income - net (9,272) (5,434)
Income before income taxes 303,586 306,605
Income taxes 53,459 67,453
Net income $ 250,127 $ 239,152
Net income per common share - basic (in dollars per share) $ 2.68 $ 2.58
Net income per common share - diluted (in dollars per share) $ 2.62 $ 2.53
Average shares outstanding - basic (in shares) 93,339,564 92,550,559
Average shares and equivalents outstanding - diluted (in shares) 95,546,152 94,541,859
Comprehensive income $ 299,342 $ 230,090