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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities:    
Net income $ 169,351 $ 54,885
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 95,189 91,706
Amortization 1,005 1,008
Deferred income taxes 5,287 3,536
Stock based compensation 5,912 3,070
Change in LIFO inventory reserve (35,389) 71,713
Amortization of unrecognized postretirement benefits 34,320 26,519
Loss on sale of assets   2,822
Changes in operating assets and liabilities:    
Accounts and notes receivable (53,130) (115,500)
Inventories (81,817) (257,241)
Other current assets (7,930) 31,508
Accounts payable 79,692 28,815
Accrued liabilities 67,326 15,686
Other items 12,258 (31,235)
Net cash (used in) provided by operating activities 292,074 (72,708)
Investing activities:    
Additions to property, plant and equipment (123,477) (121,286)
Acquisition of business, net of cash acquired   (17,380)
Acquisition of assets in Serbia (18,534)  
Proceeds from the sale of assets 754 3,450
Net cash used in investing activities (141,257) (135,216)
Financing activities:    
Net payments on short-term debt (83,501) (8,539)
Additions to long-term debt 10,042 29,835
Repayments on long-term debt (21,771) (600)
Acquisition of noncontrolling shareholder interest (71) (116,500)
Payment of dividends to noncontrolling shareholders (3,495) (5,729)
Payment of dividends (19,650) (19,587)
Issuance of common shares and excess tax benefits on options 5,177 4,408
Net cash used in financing activities (113,269) (116,712)
Effects of exchange rate changes on cash 254 1,842
Changes in cash and cash equivalents 37,802 (322,794)
Cash and cash equivalents at beginning of year 233,710 413,359
Cash and cash equivalents at end of period $ 271,512 $ 90,565