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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Consolidated Statements of Income        
Sales $ 4,525,058 $ 4,272,201 $ 8,661,982 $ 8,248,441
Cost of goods sold, including warehouse and distribution expenses 2,198,520 2,104,141 4,213,959 4,046,209
Gross profit 2,326,538 2,168,060 4,448,023 4,202,232
Selling, general and administrative expenses 1,412,068 1,304,762 2,792,087 2,586,453
Operating income 914,470 863,298 1,655,936 1,615,779
Other income (expense):        
Interest expense (57,337) (54,831) (114,901) (111,979)
Interest income 1,885 1,528 3,549 3,184
Other, net 2,437 1,561 1,222 4,962
Total other expense (53,015) (51,742) (110,130) (103,833)
Income before income taxes 861,455 811,556 1,545,806 1,511,946
Provision for income taxes 192,860 188,708 338,726 341,860
Net income $ 668,595 $ 622,848 $ 1,207,080 $ 1,170,086
Earnings per share-basic:        
Earnings per share $ 0.78 $ 0.71 $ 1.41 $ 1.33
Weighted-average common shares outstanding - basic 854,003 880,182 856,768 882,728
Earnings per share-assuming dilution:        
Earnings per share $ 0.78 $ 0.7 $ 1.4 $ 1.32
Weighted-average common shares outstanding - assuming dilution 858,440 885,655 861,368 888,746