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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:    
Net income $ 355,211 $ 360,746
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 73,640 62,852
Share-based compensation 7,855 5,455
Excess tax benefits from share-based compensation (5,948) (9,410)
Other 753 (51,051)
Changes in operating assets and liabilities (64,409) 98,486
NET CASH PROVIDED BY OPERATING ACTIVITIES 367,102 467,078
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (39,923) (50,807)
Acquisitions and other investing activities (178,889) (596,105)
NET CASH USED IN INVESTING ACTIVITIES (218,812) (646,912)
FINANCING ACTIVITIES:    
Proceeds from debt 1,246,613 1,269,550
Payments on debt (1,214,169) (1,098,998)
Share-based awards exercised, net of taxes paid (6,754) (10,948)
Excess tax benefits from share-based compensation 5,948 9,410
Dividends paid (171,171) (159,908)
Purchase of stock (53,769) (26,318)
NET CASH USED IN FINANCING ACTIVITIES (193,302) (17,212)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 982 (9,279)
NET DECREASE IN CASH AND CASH EQUIVALENTS (44,030) (206,325)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 196,893 403,095
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 152,863 $ 196,770