CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash and cash equivalents at beginning of year	$ 889,900	$ 1,499,142	$ 439,272
Cash flows from operating activities:
Net (loss) income	(1,135,477)	1,670,543	2,815,131
Adjustments to reconcile net (loss) income to cash flows from operating activities:
Depreciation and amortization	588,638	429,944	300,841
Non-cash restructuring and asset write-offs	1,013,444	0	0
(Gain) loss on change in interest in properties/sale of business, net	0	(71,190)	8,400
Inventory net realizable value adjustment	(500,153)	604,099	0
Stock-based compensation and other	32,141	36,545	30,474
Equity in net income of unconsolidated investments (net of tax)	(715,433)	(1,854,082)	(772,275)
Dividends received from unconsolidated investments and nonmarketable securities	358,933	2,000,862	801,239
Pension and postretirement benefit	(5,274)	(1,658)	(52,254)
Pension and postretirement contributions	(19,379)	(17,866)	(16,112)
Realized loss on investments in marketable securities	33,746	0	0
Unrealized loss on investments in marketable securities	30,073	39,864	3,279
Loss on early extinguishment of debt	0	0	19,219
Deferred income taxes	(230,406)	100,877	93,339
Changes in current assets and liabilities, net of effects of acquisitions and divestitures:
Decrease (increase) in accounts receivable	555,218	(350,655)	(786,121)
Decrease (increase) in inventories	1,560,450	(962,924)	(1,609,642)
Decrease (increase) in other current assets	244,987	(171,870)	(104,655)
(Decrease) increase in accrued expenses and income taxes payable	(140,099)	253,518	(201,356)
Other, net	(107,104)	(97,275)	91,270
Net cash provided by operating activities	702,068	1,325,321	1,907,849
Cash flows from investing activities:
Acquisitions, net of cash acquired	0	(426,228)	(162,239)
Capital expenditures	(1,685,790)	(2,149,281)	(1,261,646)
Proceeds from sale of property and equipment	29,102	0	0
Sales (purchases) of marketable securities, net	82,520	(204,451)	1,942
Investments in equity investments and nonmarketable securities	(270)	(1,200)	(706)
Net cash used in investing activities	(1,574,438)	(2,781,160)	(1,422,649)
Cash flows from financing activities:
Proceeds from issuance of mandatory convertible preferred stock, net of issuance costs	2,236,750	0	0
Proceeds from borrowings of long-term debt and credit agreements	112,439	356,047	1,964,216
Repayments of long-term debt and credit agreements	(112,439)	(28,862)	(705,000)
Other (repayments) borrowings, net	(631,834)	617,014	(391,662)
Fees related to early extinguishment of debt	0	0	(9,767)
Dividends paid to common shareholders	(188,530)	(187,188)	(184,429)
Dividends paid to mandatory convertible preferred shareholders	(122,746)	0	0
Dividends paid to noncontrolling interests	(37,194)	(105,631)	(44,208)
Proceeds from exercise of stock options	374	190	2,783
Withholding taxes paid on stock-based compensation award distributions	(11,891)	(27,468)	(13,338)
Other	(3,194)	(191)	(6,708)
Net cash provided by financing activities	1,241,735	623,911	611,887
Net effect of foreign exchange on cash and cash equivalents	(67,035)	222,686	(37,217)
Increase (decrease) in cash and cash equivalents	302,330	(609,242)	1,059,870
Cash and cash equivalents at end of year	1,192,230	889,900	1,499,142
Nonrelated Party
Changes in current assets and liabilities, net of effects of acquisitions and divestitures:
(Decrease) increase in accounts payable to third parties	(462,839)	(315,220)	816,194
Related Party
Changes in current assets and liabilities, net of effects of acquisitions and divestitures:
(Decrease) increase in accounts payable to third parties	$ (399,398)	$ 31,809	$ 470,878