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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Condensed Consolidated Statements of Income        
Sales $ 4,364,437 $ 4,203,380 $ 12,612,878 $ 11,980,235
Cost of goods sold, including warehouse and distribution expenses 2,113,212 2,042,917 6,159,421 5,842,861
Gross profit 2,251,225 2,160,463 6,453,457 6,137,374
Selling, general and administrative expenses 1,354,497 1,263,241 3,940,950 3,669,734
Operating income 896,728 897,222 2,512,507 2,467,640
Other income (expense):        
Interest expense (55,166) (51,361) (167,145) (145,520)
Interest income 2,055 1,292 5,239 2,920
Other, net 4,304 (486) 9,266 8,179
Total other expense (48,807) (50,555) (152,640) (134,421)
Income before income taxes 847,921 846,667 2,359,867 2,333,219
Provision for income taxes 182,457 196,840 524,317 539,142
Net income $ 665,464 $ 649,827 $ 1,835,550 $ 1,794,077
Earnings per share-basic:        
Earnings per share $ 11.47 $ 10.82 $ 31.34 $ 29.46
Weighted-average common shares outstanding - basic 57,998 60,082 58,563 60,905
Earnings per share-assuming dilution:        
Earnings per share $ 11.41 $ 10.72 $ 31.14 $ 29.20
Weighted-average common shares outstanding - assuming dilution 58,335 60,590 58,942 61,445