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Consolidated Statement Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 292,065 $ 186,016
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 61,084 56,332
Deferred income taxes (5,167) (13,830)
Gain on disposal of assets (18,859) (2,243)
Stock-based compensation 18,919 15,363
Pension settlement/curtailment 0 874
Spanish tax charge 0 72,362
Payments pursuant to Spanish tax settlement 0 (105,503)
Changes in assets and liabilities:    
Trade receivables (72,051) (66,364)
Inventories 10,679 (3,751)
Accounts payable (11,581) (33,652)
Accruals for incentive compensation (1,298) 14,927
Other current payables and accrued expenses 27,416 29,095
Other assets (23,805) (25,414)
Other liabilities (20,086) 13,366
Net cash provided by operating activities 257,316 137,578
Cash flows from investing activities:    
Additions to property, plant and equipment (86,448) (84,176)
Purchase of life insurance contracts   (1,127)
Proceeds from termination of life insurance contracts 793 5,327
Maturity of net investment hedges 626 1,960
Proceeds from disposal of assets 16,782 223
Net cash used in investing activities (68,247) (77,793)
Cash flows from financing activities:    
Cash dividends paid to shareholders (55,525) (75,458)
Net change in revolving credit facility borrowings and overdrafts (282,915) 8,376
Deferred financing costs (2,800) 0
Repayments of long-term debt (100,000) 0
Proceeds from long-term debt 297,786 0
Proceeds from issuance of stock under stock plans 3,613 7,664
Excess tax benefits on stock-based payments 5,583 6,920
Purchase of treasury stock (31,923) 0
Net cash used in financing activities (166,181) (52,498)
Effect of exchange rate changes on cash and cash equivalents (4,161) 1,615
Net change in cash and cash equivalents 18,727 8,902
Cash and cash equivalents at beginning of year 324,422 88,279
Cash and cash equivalents at end of period 343,149 97,181
Interest paid, net of amounts capitalized 47,754 41,804
Income taxes paid $ 105,636 $ 163,767 [1]
[1] The 2012 amount includes $105.5 million pursuant to the Spanish tax settlement (see Note 6).