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Stock Options, Other Stock Awards and Warrants (Tables)
12 Months Ended
Dec. 31, 2017
Stock Options, Other Stock Awards and Warrants [Abstract]  
Schedule of Total Compensation Expense Related to Stock Options, Restricted Stock Units and Stock Performance Awards
201720162015
Cost of sales$200366
Product development3,3123,2483,527
Selling, distribution and administration52,72058,17649,987
56,03261,62453,880
Income tax benefit9,57420,29813,489
$46,45841,32640,391

201720162015
Stock performance awards$27,52234,24827,960
Restricted stock units20,57319,90819,052
Stock options6,3425,8385,419
Non-employee awards1,5951,6301,449
56,03261,62453,880
Income tax benefit9,57420,29813,489
$46,45841,32640,391
Schedule of Restricted Stock Awards and Restricted Stock Units
Inputs
Grant date stock price$47.28
Stock price volatility26.12%
Risk-free interest rate0.65%
Dividend yield3.38%

201720162015
Outstanding at beginning of year795955937
Granted203245254
Forfeited(41)(41)(52)
Vested(321)(364)(184)
Outstanding at end of year636795955
Weighted average grant-date fair value:
Granted$98.8875.2362.95
Forfeited$68.0159.3751.57
Vested$57.5843.8939.87
Outstanding at end of year$75.1361.6551.22
Schedule of Stock Performance Awards
201720162015
Outstanding at beginning of year1,074992655
Granted428529362
Forfeited(28)(23)(25)
Vested(574)(424)
Outstanding at end of year9001,074992
Weighted average grant-date fair value:
Granted$99.5874.6961.85
Forfeited$74.8661.8653.45
Vested$52.2147.21
Outstanding at end of year$77.2762.1953.17
Schedule of Stock Option Information
201720162015
Outstanding at beginning of year2,7683,4454,186
Granted458492549
Exercised(597)(1,143)(1,280)
Expired or forfeited(50)(26)(10)
Outstanding at end of year2,5792,7683,445
Exercisable at end of year1,6611,7082,208
Weighted average exercise price:
Granted$98.8074.4261.77
Exercised$49.3141.7537.54
Expired or forfeited$57.3356.4346.38
Outstanding at end of year$62.1253.2146.41
Exercisable at end of year$50.0245.5041.36
Schedule of weighted average assumptions used to determine the fair value of option grants
201720162015
Risk-free interest rate1.85%1.16%1.34%
Expected dividend yield2.31%2.74%2.98%
Expected volatility24%26%23%
Expected option life5 years5 years5 years