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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Condensed Consolidated Statements of Income        
Sales $ 4,203,380 $ 3,798,619 $ 11,980,235 $ 10,765,367
Cost of goods sold, including warehouse and distribution expenses 2,042,917 1,863,657 5,842,861 5,237,615
Gross profit 2,160,463 1,934,962 6,137,374 5,527,752
Selling, general and administrative expenses 1,263,241 1,130,768 3,669,734 3,255,478
Operating income 897,222 804,194 2,467,640 2,272,274
Other income (expense):        
Interest expense (51,361) (43,164) (145,520) (115,389)
Interest income 1,292 1,435 2,920 2,627
Other, net (486) (616) 8,179 (7,104)
Total other expense (50,555) (42,345) (134,421) (119,866)
Income before income taxes 846,667 761,849 2,333,219 2,152,408
Provision for income taxes 196,840 176,411 539,142 508,330
Net income $ 649,827 $ 585,438 $ 1,794,077 $ 1,644,078
Earnings per share-basic:        
Earnings per share $ 10.82 $ 9.25 $ 29.46 $ 25.30
Weighted-average common shares outstanding - basic 60,082 63,288 60,905 64,979
Earnings per share-assuming dilution:        
Earnings per share $ 10.72 $ 9.17 $ 29.20 $ 25.08
Weighted-average common shares outstanding - assuming dilution 60,590 63,860 61,445 65,566