INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2021

Income Taxes

Schedule of components of income from continuing operations before income taxes

	For the Year Ended
	December 31,
	2021		2020		2019
Domestic	$	2,770,485	$	2,260,385	$	1,790,207
International		11,429		6,020		122
Income before income taxes	$	2,781,914	$	2,266,405	$	1,790,329

Schedule of components of the provision for income taxes

	For the Year Ended
	December 31,
	2021		2020		2019
Current:
Federal income tax expense	$	485,988	$	401,331	$	315,061
State income tax expense		104,837		97,085		62,795
International income tax expense		6,021		3,306		273
Total current		596,846		501,722		378,129
Deferred:
Federal income tax expense		20,543		16,749		19,367
State income tax (benefit) expense		2,432		(2,865)		2,027
International income tax benefit		(2,592)		(1,503)		(236)
Total deferred		20,383		12,381		21,158
Net income tax expense	$	617,229	$	514,103	$	399,287

Reconciliation of the provision for income taxes to the amounts computed at the federal statutory rate

	For the Year Ended
	December 31,
	2021		2020		2019
Federal income taxes at statutory rate	$	584,202	$	474,681	$	375,942
State income taxes, net of federal tax benefit		90,360		76,810		54,739
Excess tax benefit from share-based compensation		(35,202)		(16,918)		(25,992)
Benefit from investment in renewable energy tax credits		(18,592)		(17,904)		(875)
Other items, net		(3,539)		(2,566)		(4,527)
Total provision for income taxes	$	617,229	$	514,103	$	399,287

Schedule of deferred tax assets and liabilities

	December 31,
	2021		2020
Deferred tax assets:
Allowance for doubtful accounts	$	1,538	$	1,574
Tax credits		284		1,444
Other accruals		142,714		143,387
Operating lease liability		513,492		513,134
Other		16,117		16,594
Total deferred tax assets		674,145		676,133
Deferred tax liabilities:
Inventories		64,562		79,326
Property and equipment		212,649		194,000
Operating lease asset		496,996		498,042
Other		75,150		60,664
Total deferred tax liabilities		849,357		832,032
Net deferred tax liabilities	$	(175,212)	$	(155,899)

Summary of changes in gross amount of unrecognized tax benefits, excluding interest and penalties

	2021		2020		2019
Unrealized tax benefit, balance at January 1,	$	30,967	$	31,475	$	33,766
Additions based on tax positions related to the current year		5,446		4,795		4,627
Payments related to items settled with taxing authorities		(2,570)		—		(443)
Reductions due to the lapse of statute of limitations and settlements		(6,996)		(5,303)		(6,475)
Unrealized tax benefit, balance at December 31,	$	26,847	$	30,967	$	31,475