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Equity Incentive Program (Tables)
9 Months Ended
Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock-based incentive plans compensation expense
Stock-based compensation is reported within selling and administrative expenses in the accompanying unaudited Condensed Consolidated Statements of Earnings. The following table summarizes the Company’s compensation expense relating to all stock-based incentive plans:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Pre-tax compensation expense
$
6,674

 
$
8,297

 
$
25,525

 
$
24,710

Tax benefit
(2,368
)
 
(2,914
)
 
(9,049
)
 
(8,749
)
Total stock-based compensation expense, net of tax
$
4,306

 
$
5,383

 
$
16,476

 
$
15,961


Stock Appreciation Rights (SARs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Valuation assumptions
 
SARs
 
2015
 
2014
Risk-free interest rate
1.51
%
 
1.70
%
Dividend yield
2.24
%
 
1.98
%
Expected life (years)
5.1

 
5.3

Volatility
27.19
%
 
30.81
%
 
 
 
 
Grant price
$
73.28

 
$
82.51

Fair value per share at date of grant
$
14.55

 
$
19.84



Performance Shares [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Valuation assumptions
 
Performance shares
 
2015
 
2014
Fair value per share at date of grant
$
73.28

 
$
82.51

Average attainment rate reflected in expense
31.78
%
 
50.16
%