CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 288,697	$ 450,116
Receivables, net	566,289	495,480
Inventories, net	379,591	388,670
Deferred tax assets, net	41,737	44,311
Assets held for sale	0	147,347
Other current assets	40,306	45,151
Total current assets	1,316,620	1,571,075
Property, plant, and equipment, net	413,644	458,919
Goodwill	972,606	998,506
Other intangible assets, net	310,763	349,227
Other assets	15,745	21,784
Total assets	3,029,378	3,399,511
Current liabilities:
Current portion of long-term debt and short-term debt	1,259	1,069
Accounts payable	163,286	152,266
Accrued expenses	131,863	145,938
Income taxes payable	7,956	22,472
Deferred revenue	181,671	176,693
Liabilities held for sale	0	35,392
Other current liabilities	39,152	38,163
Total current liabilities	525,187	571,993
Long-term debt	953,083	953,279
Deferred tax liabilities, net	91,115	51,554
Accrued pension and other postretirement benefit costs	103,723	226,687
Long-term portion of environmental reserves	14,017	14,911
Other liabilities	86,830	102,654
Total liabilities	1,773,955	1,921,078
Stockholders' Equity
Common stock, $1 par value,100,000,000 shares authorized at December 31, 2015 and 2014; 49,189,702 shares issued at December 31, 2015 and 2014; outstanding shares were 44,621,348 at December 31,2015 and 47,904,518 at December 31, 2014.	49,190	49,190
Additional paid in capital	144,923	158,043
Retained earnings	1,590,645	1,469,306
Accumulated other comprehensive loss	(225,928)	(128,411)
Common treasury stock, at cost (4,568,354 shares at December 31, 2015 and 1,285,184 shares at December 31, 2014)	(303,407)	(69,695)
Total stockholders' equity	1,255,423	1,478,433
Total liabilities and stockholders' equity	$ 3,029,378	$ 3,399,511