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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Condensed Consolidated Statements of Income        
Sales $ 4,272,201 $ 4,068,991 $ 8,248,441 $ 7,776,855
Cost of goods sold, including warehouse and distribution expenses 2,104,141 1,982,409 4,046,209 3,799,944
Gross profit 2,168,060 2,086,582 4,202,232 3,976,911
Selling, general and administrative expenses 1,304,762 1,232,809 2,586,453 2,406,493
Operating income 863,298 853,773 1,615,779 1,570,418
Other income (expense):        
Interest expense (54,831) (49,587) (111,979) (94,159)
Interest income 1,528 760 3,184 1,628
Other, net 1,561 4,186 4,962 8,665
Total other expense (51,742) (44,641) (103,833) (83,866)
Income before income taxes 811,556 809,132 1,511,946 1,486,552
Provision for income taxes 188,708 181,767 341,860 342,302
Net income $ 622,848 $ 627,365 $ 1,170,086 $ 1,144,250
Earnings per share-basic:        
Earnings per share $ 10.61 $ 10.32 $ 19.88 $ 18.66
Weighted-average common shares outstanding - basic 58,679 60,817 58,849 61,324
Earnings per share-assuming dilution:        
Earnings per share $ 10.55 $ 10.22 $ 19.75 $ 18.49
Weighted-average common shares outstanding - assuming dilution 59,044 61,366 59,250 61,878