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Segment Information
9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Segment Information

Note B—Segment Information

 

     Three Months Ended Sept. 30,     Nine Months Ended Sept. 30,  
     2013     2012     2013     2012  
     (in thousands)     (in thousands)  

Net sales:

        

Automotive

   $ 2,016,076      $ 1,650,857      $ 5,572,415      $ 4,789,258   

Industrial

     1,110,309        1,138,854        3,344,421        3,398,801   

Office products

     430,457        444,255        1,252,857        1,283,748   

Electrical/electronic materials

     142,818        150,877        424,973        447,433   

Other

     (14,417     (9,065     (34,624     (24,338
  

 

 

   

 

 

   

 

 

   

 

 

 

Total net sales

   $ 3,685,243      $ 3,375,778      $ 10,560,042      $ 9,894,902   
  

 

 

   

 

 

   

 

 

   

 

 

 

Operating profit:

        

Automotive

   $ 180,166      $ 150,648      $ 487,591      $ 418,187   

Industrial

     79,596        94,621        247,382        274,002   

Office products

     28,094        29,942        91,054        98,068   

Electrical/electronic materials

     12,625        13,555        35,297        38,454   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total operating profit

     300,481        288,766        861,324        828,711   

Interest expense, net

     (7,031     (4,971     (18,236     (14,705

Other intangible assets amortization

     (7,726     (3,428     (20,487     (9,180

Other, net

     (13,978     (8,834     (13,990     (37,820
  

 

 

   

 

 

   

 

 

   

 

 

 

Income before income taxes

   $ 271,746      $ 271,533      $ 808,611      $ 767,006   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net sales by segment exclude the effect of certain discounts, incentives and freight billed to customers. The line item “Other” represents the net effect of the discounts, incentives and freight billed to customers, which is reported as a component of net sales in the Company’s condensed consolidated statements of income and comprehensive income.