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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities:    
Net income $ 348,900 $ 389,600
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 91,600 91,300
Stock-based compensation expense 12,800 23,900
Amortization of Debt Issuance Costs and Discounts 8,800 7,400
Gain (Loss) on Disposition of Business 102,900 0
Assets Disposed of by Method Other than Sale, in Period of Disposition, Gain (Loss) on Disposition 17,800 0
Deferred income taxes (7,200) 16,200
Other operating activities, net 11,200 1,000
Changes in assets and liabilities    
Increase (Decrease) in Accounts Receivable 258,800 162,900
Increase (Decrease) in Accounts and Other Receivables 60,700 55,700
Inventories, net 18,900 (73,900)
Increase (Decrease) in Other Operating Assets (90,000) (56,900)
Accounts payable 341,900 (78,600)
Accrued payroll and benefit costs (800) (134,100)
Other current and noncurrent liabilities 69,600 (16,500)
Net cash provided by operating activities 522,500 62,200 CloseClose
Investing Activities:    
Capital expenditures (41,200) (44,300)
Cash paid for acquisition (30,100) 0
Proceeds from Divestiture of Businesses, Net of Cash Divested 334,200 0
Other investing activities 6,200 600
Net cash used in investing activities 269,100 (43,700) CloseClose
Financing Activities:    
Proceeds from (Repayments of) Short-term Debt 0 (3,600)
Proceeds from issuance of long-term debt 4,756,000 1,596,200
Repayments of Other Long-term Debt 3,374,200 1,429,800
Payments of Debt Issuance Costs (26,600) 0
Payments for Repurchase of Common Stock (26,000) (54,200)
Payments for Repurchase of Common Stock (350,000) 0
Payments of Ordinary Dividends, Common Stock (41,200) (38,400)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock 28,700 28,700
Other financing activities, net 9,300 (3,300)
Net cash used in financing activities (581,400) (20,400) CloseClose
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (17,800) 3,600 CloseClose
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 192,400 1,700
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 716,500 529,000
Supplemental Cash Flow Information [Abstract]    
Interest Paid, Excluding Capitalized Interest, Operating Activities 156,000 187,700
Income Taxes Paid 154,700 108,300
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 132,200 120,800
7.125% Senior Notes due 2025    
Financing Activities:    
Repayments of Senior Debt 1,500,000 0
5.50% Senior Notes due 2023    
Financing Activities:    
Repayments of Senior Debt $ 0 $ 58,600