Segment Information

9 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

Segment Information

Note B – Segment Information

	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
	(in thousands)						(in thousands)
Net sales:
Automotive	$	2,064,099		$	2,099,518		$	6,065,733		$	6,108,429
Industrial		1,170,252			1,220,539			3,540,106			3,573,048
Office products		510,825			496,572			1,478,878			1,333,455
Electrical/electronic materials		196,837			193,321			573,584			561,686
Other		(20,211	)		(24,041	)		(60,047	)		(57,425	)
Total net sales	$	3,921,802		$	3,985,909		$	11,598,254		$	11,519,193
Operating profit:
Automotive	$	201,986		$	193,258		$	560,070		$	550,051
Industrial		90,081			95,262			266,726			273,740
Office products		36,406			33,318			107,431			98,447
Electrical/electronic materials		19,988			17,766			54,019			49,758
Total operating profit		348,461			339,604			988,246			971,996
Interest expense, net		(5,055	)		(6,283	)		(16,056	)		(18,713	)
Other intangible assets amortization		(8,545	)		(8,947	)		(25,945	)		(26,321	)
Other, net		(34,286	)		(26,091	)		(84,172	)		(74,527	)
Income before income taxes	$	300,575		$	298,283		$	862,073		$	852,435

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.