FAIR VALUE OF FINANCIAL INSTRUMENTS (Table)

6 Months Ended

Jun. 30, 2014

Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The location and amounts of derivative instrument fair values in the condensed consolidated balance sheet are below.



	(In thousands)
	June 30, 2014		December 31, 2013
Assets
Undesignated for hedge accounting
Forward exchange contracts	$	257	$	605
Total asset derivatives (A)	$	257	$	605
Liabilities
Designated for hedge accounting
Interest rate swaps	$	24,911	$	49,845
Undesignated for hedge accounting
Forward exchange contracts	$	394	$	277
Total liability derivatives (B)	$	25,305	$	50,122

(A)Forward exchange derivatives are included in Other current assets and interest rate swap assets are included in Other assets.

(B)Forward exchange derivatives are included in Other current liabilities and interest rate swap liabilities are included in Other liabilities.

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The location and amount of gains or losses on the hedged fixed rate debt attributable to changes in the market interest rates and the offsetting gain (loss) on the related interest rate swaps for the three and six months ended June 30, were as follows:



	(In thousands)
	Gain/(Loss) on Swap										Gain/(Loss) on Borrowings
	Three Months Ended					Six Months Ended					Three Months Ended					Six Months Ended
	June 30,					June 30,					June 30,					June 30,
Income Statement Classification	2014		2013			2014		2013			2014			2013		2014			2013
Other income, net	$	12,159	$	(25,623	)	$	24,934	$	(36,573	)	$	(12,159	)	$	25,623	$	(24,934	)	$	36,573

Undesignated hedges

The location and amount of gains and losses recognized in income on forward exchange derivative contracts not designated for hedge accounting for the three and six months ended June 30, were as follows:



	(In thousands)
	Three Months Ended					Six Months Ended
	June 30,					June 30,
Derivatives not designated as hedging instrument	2014		2013			2014			2013
Forward exchange contracts:
General and administrative expenses	$	2,020	$	(4,275	)	$	(930	)	$	(5,836	)

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]



	June 30, 2014				December 31, 2013
(In thousands)	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
Industrial revenue bond, due 2023	$	8,400	$	8,400	$	8,400	$	8,400
Revolving credit agreement, due 2017	—		—		50,000		50,000
5.51% Senior notes due 2017	150,000		164,094		150,000		163,059
3.84% Senior notes due 2021	99,523		99,523		98,632		98,632
3.70% Senior notes due 2023	225,000		220,111		225,000		209,140
3.85% Senior notes due 2025	94,253		94,253		88,555		88,555
4.24% Senior notes due 2026	186,572		186,572		173,557		173,557
4.05% Senior notes due 2028	69,741		69,741		64,411		64,411
4.11% Senior notes due 2028	100,000		95,431		100,000		89,252
Other debt	775		775		1,383		1,383
Total debt	$	934,264	$	938,900	$	959,938	$	946,389