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Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 268,584 $ 405,505
Trade receivables (net of allowances of $10,703 and $10,493, respectively) 574,678 524,493
Inventories:    
Raw materials 250,614 252,457
Work in process 16,413 6,658
Finished goods 285,089 274,691
Total Inventories 552,116 533,806
Deferred income taxes 30,394 40,189
Prepaid expenses and other current assets 144,079 148,910
Total Current Assets 1,569,851 1,652,903
Property, plant and equipment, at cost 1,805,336 1,757,983
Accumulated depreciation (1,109,102) (1,070,768)
Total Property Plant and Equipment 696,234 687,215
Goodwill 676,051 665,582
Other intangible assets, net 83,265 30,615
Deferred income taxes 154,875 154,437
Other assets 141,077 140,979
Total Assets 3,321,353 3,331,731
Current Liabilities:    
Bank borrowings and overdrafts and current portion of long-term debt 2,291 149
Accounts payable 208,995 226,733
Accrued payroll and bonus 46,356 105,816
Dividends payable 31,676 31,740
Restructuring and other charges 2,116 2,116
Other current liabilities 193,107 193,812
Total Current Liabilities 484,541 560,366
Long-term debt 931,635 932,665
Deferred gains 40,610 41,339
Retirement liabilities 238,307 238,225
Other liabilities 105,322 92,085
Total Other Liabilities 1,315,874 1,304,314
Commitments and Contingencies (Note 12)      
Shareholders' Equity:    
Common stock 12 1/2¢ par value; authorized 500,000,000 shares; issued 115,761,840 shares as of March 31, 2014 and December 31, 2013; and outstanding 81,221,844 and 81,384,246 shares as of March 31, 2014 and December 31, 2013 14,470 14,470
Capital in excess of par value 131,981 131,461
Retained earnings 3,150,688 3,075,657
Accumulated other comprehensive loss (397,282) (392,711)
Treasury stock, at cost - 34,539,996 shares as of March 31, 2014 and 34,377,594 shares as of December 31, 2013 (1,383,341) (1,365,805)
Total Shareholders' Equity 1,516,516 1,463,072
Noncontrolling interest 4,422 3,979
Total Shareholders' Equity including noncontrolling interest 1,520,938 1,467,051
Total Liabilities and Shareholders' Equity $ 3,321,353 $ 3,331,731