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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities:      
Net income $ 766,100 $ 862,100 $ 466,400
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 181,300 179,000 198,600
Stock-based compensation expense 48,100 46,400 30,800
Amortization of Debt Issuance Costs and Discounts 14,800 15,200 19,200
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment 0 0 (36,600)
Gain (Loss) on Disposition of Business 0 0 (8,900)
Other operating activities, net (500) 3,700 7,400
Deferred income taxes (7,900) (1,200) (78,300)
Changes in assets and liabilities      
Increase (Decrease) in Accounts Receivable 52,200 (690,600) (531,800)
Increase (Decrease) in Accounts and Other Receivables 3,600 (54,800) (136,700)
Inventories (68,400) (817,000) (530,700)
Increase (Decrease) in Other Operating Assets (60,600) (153,200) (56,300)
Accounts payable 319,700 (552,900) (449,600)
Accrued payroll and benefit costs (92,300) (63,100) 84,200
Other current and noncurrent liabilities (23,500) 131,600 190,300
Net cash provided by operating activities 493,200 11,000 67,100 Close
Investing Activities:      
Capital expenditures (92,300) (99,400) (54,700)
Acquisition payments, net of cash acquired 0 (186,800) 0
Proceeds from Divestiture of Businesses, Net of Cash Divested 0 0 56,000
Proceeds from sale of assets 600 200 5,200
Other investing activities, net 2,100 2,400 (3,900)
Net cash used in investing activities (89,600) (283,600) 2,500 Close
Financing Activities:      
Proceeds from Short-Term Debt 17,100 19,500 14,500
Repayments of Short-Term Debt (22,700) (19,500) (34,800)
Proceeds from issuance of long-term debt 3,290,200 4,470,000 3,231,400
Repayments of Long-term Debt (3,346,000) (3,772,300) (2,565,100)
Payment, Tax Withholding, Share-based Payment Arrangement (68,300) (25,800) (27,200)
Payments for Repurchase of Common Stock (75,000) (11,100) 0
Payments of Ordinary Dividends, Common Stock (76,600) 0 0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock (57,400) (57,400) (57,400)
Payments of Ordinary Dividends, Noncontrolling Interest (1,100) 0 0
Other financing activities, net 5,500 19,500 17,500
Net cash provided (used) by financing activities (403,900) 584,000 (310,800) Close
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (2,900) 3,300 4,600 Close
Net change in cash and cash equivalents (3,200) 314,800 (236,600) Close
Cash and cash equivalents at the beginning of period 527,300 212,600 449,100
Cash and cash equivalents at the end of period 524,100 527,300 212,600
Supplemental disclosures:      
Cash paid for interest 386,800 272,400 249,700
Cash paid for taxes 207,900 292,900 118,200
Repayment of 5.375% Senior Notes due 2021      
Financing Activities:      
Repayments of Senior Debt 0 0 500,000
Repayment of 5.375% Senior Notes due 2024      
Financing Activities:      
Repayments of Senior Debt $ 0 $ 0 $ 354,700