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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities:  
Net income$ 54,885$ 117,651
Adjustments to reconcile net income to net cash provided by continuing operations:  
Income from discontinued operations, net of income taxes (24,365)
Depreciation91,70691,885
Amortization1,0081,492
Deferred income taxes3,536(800)
Stock based compensation3,0705,643
Change in LIFO inventory reserve71,71340,121
Amortization of unrecognized postretirement benefits26,51929,121
Loss on sale of assets2,8221,272
Changes in operating assets and liabilities of continuing operations:  
Accounts and notes receivable(115,500)(152,925)
Inventories(257,241)(110,452)
Other current assets31,508(4,977)
Accounts payable28,81558,635
Accrued liabilities15,686(299)
Other items(31,235)(1,918)
Net cash provided by (used in) continuing operations(72,708)50,084
Net cash provided by discontinued operations 17,261
Net cash provided by (used in) operating activities(72,708)67,345
Investing activities:  
Property, plant and equipment(121,286)(75,040)
Acquisition of business, net of cash acquired(17,380) 
Proceeds from the sale of assets3,4501,211
Net cash used in investing activities(135,216)(73,829)
Financing activities:  
Payments on short-term debt(8,539)(25,672)
Additions to long-term debt29,835 
Repayments of long-term debt(600)(10,600)
Contributions by noncontrolling shareholder 6,750
Acquisition of noncontrolling shareholder interest(116,500)(17,920)
Payment of dividends to noncontrolling shareholders(5,729)(11,637)
Payment of dividends(19,587)(19,309)
Issuance of common shares and excess tax benefits on options4,4085,484
Net cash used in financing activities(116,712)(72,904)
Effects of exchange rate changes on cash of continuing operations1,842(181)
Changes in cash and cash equivalents(322,794)(79,569)
Cash and cash equivalents at beginning of year413,359426,981
Cash and cash equivalents at end of period$ 90,565$ 347,412