FAIR VALUE OF FINANCIAL INSTRUMENTS (Table)

9 Months Ended

Sep. 30, 2015

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)	September 30, 2015		December 31, 2014
Assets
Designated for hedge accounting
Interest rate swaps	$	7,511	$	—
Undesignated for hedge accounting
Forward exchange contracts	$	210	$	605
Total asset derivatives (A)	$	7,721	$	605
Liabilities
Designated for hedge accounting
Interest rate swaps	$	—	$	5,121
Undesignated for hedge accounting
Forward exchange contracts	371		676
Total liability derivatives (B)	$	371	$	5,797

(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]

three and nine months ended September 30, were as follows:



	Three Months Ended						Nine Months Ended
(In thousands)	September 30,						September 30,
	2015			2014			2015			2014
Other Income, net
Gain on interest rate swaps	$	16,954		$	2,517		$	12,632		$	27,451
Loss on hedged fixed rate debt	(16,954		)	(2,517		)	(12,632		)	(27,451		)
Total	$	—		$	—		$	—		$	—

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 nine months ended September 30, were as follows:



	Three Months Ended				Nine Months Ended
(In thousands)	September 30,				September 30,
Derivatives not designated as hedging instrument	2015		2014		2015		2014
Forward exchange contracts:
General and administrative expenses	$	6,136	$	2,446	$	7,692	$	1,516

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



	September 30, 2015				December 31, 2014
(In thousands)	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
Industrial revenue bond, due 2023	$	—	$	—	$	8,400	$	8,400
5.51% Senior notes due 2017	150,000		160,141		150,000		162,617
3.84% Senior notes due 2021	100,642		100,642		99,934		99,934
3.70% Senior notes due 2023	225,000		228,286		225,000		225,748
3.85% Senior notes due 2025	101,562		101,562		98,360		98,360
4.24% Senior notes due 2026	203,613		203,613		197,237		197,237
4.05% Senior notes due 2028	76,694		76,694		74,348		74,348
4.11% Senior notes due 2028	100,000		101,319		100,000		100,801
Other debt	1,394		1,394		1,069		1,069
Total debt	$	958,905	$	973,651	$	954,348	$	968,514