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CONSOLIDATED STATEMENT OF EQUITY (USD $)
In Thousands, unless otherwise specified
Total
Common Stock
Capital In Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Common Stock Held In Treasury
Noncontrolling Interests
Comprehensive Income
Balance at Dec. 31, 2008 $ 1,382,543 $ 11,713 $ 345,982 $ 1,599,178 $ (112,001) $ (498,341) $ 36,012  
Increase (Decrease) in Shareholders' Equity                
Net income 152,510     147,221     5,289 152,510
Unrecognized gain reclassified to earnings, net of tax $(336), $(337) and $(337) in 2011, 2010 and 2009, respectively (526)       (526)     (526)
Translation adjustment 165,281       158,631   6,650 165,281
Pension and other postretirement liability adjustment, net of tax effect $(37,904), $(2,145) and $(15,148) in 2011, 2010 and 2009, respectively 26,353       26,353     26,353
Total comprehensive income 343,618             343,618
Cash dividends declared on common stock ($0.96, $0.92 and $0.90 per share in 2011, 2010 and 2009, respectively) (96,595)     (96,595)        
Stock incentive programs and related tax effects (309,942, 981,364 and 340,549 shares in 2011, 2010 and 2009, respectively) (3,152) 34 (3,186)          
Excess tax benefit from share-based compensation arrangements 1,856   1,856          
Share-based compensation 20,604   20,604          
Common stock issued (8,175,000 shares) 202,809 818 201,991          
Balance at Dec. 31, 2009 1,851,683 12,565 567,247 1,649,804 72,457 (498,341) 47,951  
Increase (Decrease) in Shareholders' Equity                
Net income 211,466     205,111     6,355 211,466
Unrecognized gain reclassified to earnings, net of tax $(336), $(337) and $(337) in 2011, 2010 and 2009, respectively (527)       (527)     (527)
Translation adjustment 24,422       23,047   1,375 24,422
Pension and other postretirement liability adjustment, net of tax effect $(37,904), $(2,145) and $(15,148) in 2011, 2010 and 2009, respectively (3,860)       (3,860)     (3,860)
Total comprehensive income 231,501             231,501
Cash dividends declared on common stock ($0.96, $0.92 and $0.90 per share in 2011, 2010 and 2009, respectively) (103,007)     (103,007)        
Stock incentive programs and related tax effects (309,942, 981,364 and 340,549 shares in 2011, 2010 and 2009, respectively) (14,881) 98 (14,979)          
Excess tax benefit from share-based compensation arrangements 5,379   5,379          
Share-based compensation 18,395   18,395          
Purchase of subsidiary shares from noncontrolling interests (15,879)   (8,007)       (7,872)  
Purchase of 5,000,000 and 1,531,200 shares of common stock for the treasury in 2011 and 2010, respectively (45,759)         (45,759)    
Balance at Dec. 31, 2010 1,927,432 12,663 568,035 1,751,908 91,117 (544,100) 47,809  
Increase (Decrease) in Shareholders' Equity                
Net income 187,323     184,081     3,242 187,323
Unrecognized gain reclassified to earnings, net of tax $(336), $(337) and $(337) in 2011, 2010 and 2009, respectively (526)       (526)     (526)
Translation adjustment (124,154)       (126,195)   2,041 (124,154)
Pension and other postretirement liability adjustment, net of tax effect $(37,904), $(2,145) and $(15,148) in 2011, 2010 and 2009, respectively (66,804)       (66,804)     (66,804)
Total comprehensive income (4,161)             (4,161)
Cash dividends declared on common stock ($0.96, $0.92 and $0.90 per share in 2011, 2010 and 2009, respectively) (103,096)     (103,096)        
Stock incentive programs and related tax effects (309,942, 981,364 and 340,549 shares in 2011, 2010 and 2009, respectively) (5,008) 31 (5,039)          
Excess tax benefit from share-based compensation arrangements 1,381   1,381          
Share-based compensation 16,349   16,349          
Purchase of subsidiary shares from noncontrolling interests (89,713)   (48,285)   11,664   (53,092)  
Purchase of 5,000,000 and 1,531,200 shares of common stock for the treasury in 2011 and 2010, respectively (161,081)         (161,081)    
Balance at Dec. 31, 2011 $ 1,582,103 $ 12,694 $ 532,441 $ 1,832,893 $ (90,744) $ (705,181)