INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Taxes

Schedule of components of income from continuing operations before income taxes

	For the Year Ended
	December 31,
	2024		2023		2022
Domestic	$	3,053,501	$	2,994,856	$	2,786,866
International		(8,437)		9,894		11,789
Income before income taxes	$	3,045,064	$	3,004,750	$	2,798,655

Schedule of components of the provision for income taxes

	For the Year Ended
	December 31,
	2024		2023		2022
Current:
Federal income tax expense	$	587,496	$	497,492	$	455,779
State income tax expense		120,209		109,924		95,388
International income tax expense		446		2,521		5,263
Total current		708,151		609,937		556,430
Deferred:
Federal income tax (benefit) expense		(43,222)		41,782		62,719
State income tax (benefit) expense		(3,229)		6,003		8,583
International income tax (benefit) expense		(3,316)		447		(1,727)
Total deferred		(49,767)		48,232		69,575
Net income tax expense	$	658,384	$	658,169	$	626,005

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

	For the Year Ended
	December 31,
	2024		2023		2022
Federal income taxes at statutory rate	$	639,534	$	630,998	$	587,716
State income taxes, net of federal tax benefit		97,459		98,254		87,352
Excess tax benefit from share-based compensation		(39,871)		(35,950)		(25,503)
Benefit from renewable energy tax credits		(28,345)		(19,627)		(17,593)
Other items, net		(10,393)		(15,506)		(5,967)
Total provision for income taxes	$	658,384	$	658,169	$	626,005

Schedule of deferred tax assets and liabilities

	December 31,
	2024		2023
Deferred tax assets:
Allowance for doubtful accounts	$	4,161	$	2,430
Other accruals		174,307		150,483
Operating lease liability		589,140		559,830
Net operating loss		5,831		503
Other		17,726		17,599
Total deferred tax assets		791,165		730,845
Deferred tax liabilities:
Inventories		118,712		142,578
Property and equipment		298,804		280,791
Operating lease asset		568,577		540,359
Other		52,671		62,588
Total deferred tax liabilities		1,038,764		1,026,316
Net deferred tax liabilities	$	(247,599)	$	(295,471)

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

	2024		2023		2022
Unrealized tax benefit, balance at January 1,	$	23,943	$	24,798	$	26,847
Additions based on tax positions related to the current year		3,907		3,932		4,146
Payments related to items settled with taxing authorities		(420)		—		(1,000)
Reductions due to the lapse of statute of limitations and settlements		(4,906)		(4,787)		(5,195)
Unrealized tax benefit, balance at December 31,	$	22,524	$	23,943	$	24,798