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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating activities:      
Net income attributable to common shareholders $ 216,993 $ 26,315 $ 154,170
Noncontrolling interest in subsidiaries' earnings 828 201 20
Net income before allocation to noncontrolling interests 217,821 26,516 154,190
Asbestos Provision 0 241,647 0
Environmental charge 0 30,327 0
Gain on divestiture (29,445) (4,258) (1,015)
Restructuring - Non Cash 3,855 0 0
Depreciation and amortization 57,263 62,943 59,841
Stock-based compensation expense 17,319 14,972 13,326
Defined benefit plans and postretirement expense 20,090 6,770 14,712
Deferred income taxes 55,000 (43,923) 31,453
Cash provided by (used for) operating working capital 1,824 (41,955) (8,262)
Defined benefit plans and postretirement contributions (5,504) (48,113) (43,226)
Environmental payments, net of reimbursements 13,371 9,534 11,063
Payments for asbestos-related fees and costs, net of insurance recoveries (77,957) (79,277) (66,731)
Other 12,139 6,303 9,689
Total provided by operating activities 234,756 149,812 133,536
Investing activities:      
Capital expenditures (29,308) (34,737) (21,033)
Proceeds from disposition of capital assets 6,438 4,793 375
Proceeds from divestitures 54,079 1,000 4,615
Payment for acquisition, net of cash acquired 0 (36,590) (140,461)
Total provided by (used for) investing activities 31,209 (65,534) (156,504)
Equity:      
Dividends paid (61,974) (56,992) (50,371)
Reacquisition of shares on open market (49,991) (79,999) (49,988)
Stock options exercised - net of shares reacquired 13,056 23,232 22,375
Excess tax benefit from stock-based compensation 3,603 6,097 3,290
Debt:      
Net decrease in short-term debt 0 (1,003) (2,739)
Total used for financing activities (95,306) (108,665) (77,433)
Effect of exchange rates on cash and cash equivalents 8,199 (3,465) 628
Increase (decrease) in cash and cash equivalents 178,858 (27,852) (99,773)
Cash and cash equivalents at beginning of period 245,089 272,941 372,714
Cash and cash equivalents at end of period 423,947 245,089 272,941
Detail of cash used for working capital:      
Accounts receivable (2,578) (44,120) 142
Inventories 8,551 (38,407) (21,441)
Other current assets (1,656) 2,549 (2,274)
Accounts payable (11,724) 35,129 6,425
Accrued liabilities (5,830) (3,315) 2,541
U.S. and foreign taxes on income 15,061 6,209 6,345
Total 1,824 (41,955) (8,262)
Supplemental disclosure of cash flow information:      
Interest paid 26,690 26,158 26,918
Income taxes paid $ 26,270 $ 25,555 $ 15,651