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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities of Continuing Operations    
Net earnings $ 374,097 $ 540,052
Adjustments to reconcile net earnings to cash from operating activities:    
Earnings (loss) from discontinued operations, net 19,670 (114,781)
Depreciation and amortization 157,592 142,511
Stock-based compensation 16,413 16,303
Cash effect of changes in current assets and liabilities (excluding effects of acquisitions, dispositions and foreign exchange):    
Accounts receivable (162,524) (193,586)
Inventories (97,263) (37,130)
Prepaid expenses and other assets (7,334) (9,929)
Accounts payable 58,725 66,158
Accrued compensation and employee benefits (58,617) (71,645)
Accrued expenses and other liabilities 6,274 (8,355)
Accrued and deferred taxes, net (52,440) (25,951)
Other, net (17,119) 3,454
Net cash provided by operating activities of continuing operations 237,474 307,101
Investing Activities of Continuing Operations    
Additions to property, plant and equipment (77,326) (58,343)
Acquisitions (net of cash and cash equivalents acquired) (143,087) (69,017)
Proceeds from the sale of property, plant and equipment 1,908 7,871
Proceeds from the sale of businesses 4,482 3,756
Other (21,766) 3,051
Net cash used in investing activities of continuing operations (235,789) (112,682)
Financing Activities of Continuing Operations    
Cash received from Knowles Corporation, net of cash distributed 359,197 0
Purchase of common stock (317,571) (351,112)
Net proceeds from exercise of stock options and SARs, including tax benefits (2,626) 4,976
Dividends paid to stockholders (126,430) (120,238)
Change in notes payable, net (178,500) 55,043
Reduction of long-term debt (45) (25)
Net cash used in financing activities (265,975) (411,356)
Cash Flows from Discontinued Operations    
Net cash used in operating activities of discontinued operations 23,147 78,413
Net cash used in investing activities of discontinued operations (13,596) (44,017)
Net cash used in discontinued operations 9,551 34,396
Effect of exchange rate changes on cash and cash equivalents (1,755) (11,585)
Net decrease in cash and cash equivalents (256,494) (194,126)
Cash and cash equivalents at beginning of period 803,882 800,076
Cash and cash equivalents at end of period $ 547,388 $ 605,950