FAIR VALUE OF FINANCIAL INSTRUMENTS (Table)

9 Months Ended

Sep. 30, 2016

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, 2016		December 31, 2015
Assets
Designated for hedge accounting
Interest rate swaps	$	—	$	3,083
Undesignated for hedge accounting
Forward exchange contracts	$	25	$	223
Total asset derivatives (A)	$	25	$	3,306
Liabilities
Undesignated for hedge accounting
Forward exchange contracts	506		673
Total liability derivatives (B)	$	506	$	673

(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

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, 2016 and 2015, were as follows:



	Three Months Ended					Nine Months Ended
(In thousands)	September 30,					September 30,
	2016		2015			2016		2015
Other income, net
Gain on interest rate swaps	$	—	$	16,954		$	—	$	12,632
Loss on hedged fixed rate debt	—		(16,954		)	—		(12,632		)
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	2016			2015			2016			2015
Forward exchange contracts:
General and administrative expenses	$	(3,596	)	$	(6,136	)	$	(8,632	)	$	(7,692	)

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



	September 30, 2016						December 31, 2015
(In thousands)	Carrying Value			Estimated Fair Value			Carrying Value			Estimated Fair Value
5.51% Senior notes due 2017	150,000			155,759			150,000			158,024
3.84% Senior notes due 2021	100,000			104,804			100,307			100,307
3.70% Senior notes due 2023	225,000			233,284			225,000			224,322
3.85% Senior notes due 2025	100,000			104,138			100,450			100,450
4.24% Senior notes due 2026	200,000			212,880			201,422			201,422
4.05% Senior notes due 2028	75,000			78,294			75,904			75,904
4.11% Senior notes due 2028	100,000			104,931			100,000			99,720
Other debt	802			802			1,259			1,259
Total debt	950,802			994,892			954,342			961,408
Unamortized debt issuance costs (1)	(1,022		)	(1,022		)	(1,137		)	(1,137		)
Unamortized interest rate swap proceeds (2)	17,062			17,062			—			—
Total debt, net	$	966,842		$	1,010,932		$	953,205		$	960,271