Borrowings (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Borrowings consist of the following:

	September 30, 2015		December 31, 2014
Short-term
Current portion of long-term debt	$	300,105	$	299,956
Commercial paper	161,200		478,000
	$	461,305	$	777,956

Schedule of Long-term Debt Instruments

	September 30, 2015			December 31, 2014
Long-term
4.875% 10-year notes due October 15, 2015	$	299,984		$	299,836
5.45% 10-year notes due March 15, 2018	349,175			348,928
2.125% 7-year notes due December 1, 2020 (Euro-denominated)	335,355			363,970
4.30% 10-year notes due March 1, 2021	449,859			449,839
6.65% 30-year debentures due June 1, 2028	199,543			199,517
5.375% 30-year debentures due October 15, 2035	296,804			296,685
6.60% 30-year notes due March 15, 2038	248,014			247,948
5.375% 30-year notes due March 1, 2041	345,949			345,830
Other	365			444
Total long-term debt	2,525,048			2,552,997
Less current installments	(300,105		)	(299,956		)
	$	2,224,943		$	2,253,041

Schedule of Interest expense and interest income

Interest expense and interest income for the three and nine months ended September 30, 2015 and 2014 were as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Interest expense	$	33,098		$	32,501		$	99,156		$	99,125
Interest income	(1,115		)	(1,270		)	(3,148		)	(3,278		)
Interest expense, net	$	31,983		$	31,231		$	96,008		$	95,847