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Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 326,853 $ 405,505
Trade receivables (net of allowances of $10,443 and $10,493, respectively) 583,220 524,493
Inventories:    
Raw materials 257,328 252,457
Work in process 17,818 6,658
Finished goods 279,725 274,691
Total Inventories 554,871 533,806
Deferred income taxes 30,475 40,189
Prepaid expenses and other current assets 148,629 148,910
Total Current Assets 1,644,048 1,652,903
Property, plant and equipment, at cost 1,814,663 1,757,983
Accumulated depreciation (1,115,821) (1,070,768)
Total Property Plant and Equipment 698,842 687,215
Goodwill 675,484 665,582
Other intangible assets, net 80,176 30,615
Deferred income taxes 151,830 154,437
Other assets 150,153 140,979
Total Assets 3,400,533 3,331,731
Current Liabilities:    
Bank borrowings and overdrafts and current portion of long-term debt 3,052 149
Accounts payable 195,251 226,733
Accrued payroll and bonus 52,379 105,816
Dividends payable 31,672 31,740
Restructuring and other charges 2,022 2,116
Other current liabilities 184,274 193,812
Total Current Liabilities 468,650 560,366
Long-term debt 932,621 932,665
Deferred gains 47,957 41,339
Retirement liabilities 238,531 238,225
Other liabilities 110,830 92,085
Total Other Liabilities 1,329,939 1,304,314
Commitments and Contingencies (Note 12)      
Shareholders' Equity:    
Common stock 12 1/2¢ par value; authorized 500,000,000 shares; issued 115,761,900 and 115,761,840 shares as of June 30, 2014 and December 31, 2013; and outstanding 81,177,534 and 81,384,246 shares as of June 30, 2014 and December 31, 2013 14,470 14,470
Capital in excess of par value 131,772 131,461
Retained earnings 3,229,301 3,075,657
Accumulated other comprehensive loss (383,714) (392,711)
Treasury stock, at cost - 34,584,366 shares as of June 30, 2014 and 34,377,594 shares as of December 31, 2013 (1,393,531) (1,365,805)
Total Shareholders' Equity 1,598,298 1,463,072
Noncontrolling interest 3,646 3,979
Total Shareholders' Equity including noncontrolling interest 1,601,944 1,467,051
Total Liabilities and Shareholders' Equity $ 3,400,533 $ 3,331,731