Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011		Dec. 31, 2010
Assets
Cash and cash equivalents	$ 245,089		$ 272,941
Current insurance receivable - asbestos	16,345		33,000
Accounts receivable, net	349,250		301,918
Inventories	360,689		319,077
Current deferred tax assets	46,664		44,956
Other current assets	14,195		16,769
Total current assets	1,032,232		988,661
Property, plant and equipment, net	284,146		280,746
Insurance receivable - asbestos	208,952		180,689
Long-term deferred tax assets	265,849		182,832
Other assets	85,301		100,848
Intangible assets, net	146,227		162,636
Goodwill	820,824		810,285
Total assets	2,843,531	[1]	2,706,697	[1]
Current liabilities:
Short-term borrowings	1,112		984
Accounts payable	194,158		157,051
Current asbestos liability	100,943		100,000
Accrued liabilities	226,717		229,462
U.S. and foreign taxes on income	10,165		11,057
Total current liabilities	533,095		498,554
Long-term debt	398,914		398,736
Accrued pension and postretirement benefits	178,382		98,324
Long-term deferred tax liability	41,668		48,852
Long-term asbestos liability	792,701		619,666
Other liabilities	76,715		49,535
Commitments and Contingencies (Note 10)
Equity
Preferred shares, par value $.01; 5,000,000 shares authorized
Common shares, par value $1.00; 200,000,000 shares authorized; 72,426,139 shares issued; 57,614,254 shares outstanding (58,160,687 in 2010)	72,426		72,426
Capital surplus	189,294		174,143
Retained earnings	1,095,953		1,126,630
Accumulated other comprehensive income	(93,512)		11,518
Treasury stock; 14,811,885 treasury shares (14,265,452 in 2010)	(450,608)		(399,773)
Total shareholders' equity	813,553		984,944
Noncontrolling interest	8,503		8,086
Total equity	822,056		993,030
Total liabilities and equity	$ 2,843,531		$ 2,706,697

[1] Net sales and assets by geographic region are based on the location of the business unit.