v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common stock $1 par value
Additional paid-in capital
Retained earnings
Accumulated other comprehensive earnings (loss)
Treasury stock
Beginning balance at Dec. 31, 2024 $ 6,953,996 $ 260,031 $ 892,686 $ 13,409,633 $ (327,776) $ (7,280,578)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 811,881     811,881    
Dividends paid (213,181)     (213,181)    
Common stock issued for the exercise of share-based awards (8,179) 132 (8,311)      
Stock-based compensation expense 37,605   37,605      
Common stock acquired, including excise tax (40,700)         (40,700)
Other comprehensive earnings (loss), net of tax 121,514       121,514  
Ending balance at Sep. 30, 2025 7,662,936 260,163 921,980 14,008,333 (206,262) (7,321,278)
Beginning balance at Jun. 30, 2025 7,441,305 260,149 916,601 13,777,499 (191,666) (7,321,278)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 301,996     301,996    
Dividends paid (71,162)     (71,162)    
Common stock issued for the exercise of share-based awards (1,335) 14 (1,349)      
Stock-based compensation expense 6,728   6,728      
Other comprehensive earnings (loss), net of tax (14,596)       (14,596)  
Ending balance at Sep. 30, 2025 7,662,936 260,163 921,980 14,008,333 (206,262) (7,321,278)
Beginning balance at Dec. 31, 2025 7,405,206 260,195 850,763 14,220,582 (174,954) (7,751,380)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 884,010     884,010    
Dividends paid (210,785)     (210,785)    
Common stock issued for the exercise of share-based awards (33,927) 242 (34,169)      
Stock-based compensation expense 33,412   33,412      
Common stock acquired, including excise tax (388,843)   32,029     (420,872)
Other comprehensive earnings (loss), net of tax (53,059)       (53,059)  
Ending balance at Sep. 30, 2026 7,636,014 260,437 882,035 14,893,807 (228,013) (8,172,252)
Beginning balance at Jun. 30, 2026 7,704,004 260,421 878,427 14,630,819 (228,317) (7,837,346)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 333,331     333,331    
Dividends paid (70,343)     (70,343)    
Common stock issued for the exercise of share-based awards (2,029) 16 (2,045)      
Stock-based compensation expense 5,653   5,653      
Common stock acquired, including excise tax (334,906)         (334,906)
Other comprehensive earnings (loss), net of tax 304       304  
Ending balance at Sep. 30, 2026 $ 7,636,014 $ 260,437 $ 882,035 $ 14,893,807 $ (228,013) $ (8,172,252)