XML 36 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 377,254 $ 478,573
Trade receivables (net of allowances of $8,128 and $9,147, respectively) 566,414 493,768
Inventories:    
Raw materials 268,015 275,161
Work in process 19,075 17,705
Finished goods 274,625 275,863
Total Inventories 561,715 568,729
Deferred income taxes 14,923 27,709
Prepaid expenses and other current assets 201,948 141,248
Total Current Assets 1,722,254 1,710,027
Property, plant and equipment, at cost 1,778,469 1,766,746
Accumulated depreciation (1,063,660) (1,046,478)
Total Property Plant and Equipment 714,809 720,268
Goodwill 752,726 675,484
Other intangible assets, net 156,248 76,557
Deferred income taxes 175,447 183,047
Other assets 132,144 129,238
Total Assets 3,653,628 3,494,621
Current Liabilities:    
Bank borrowings and overdrafts and current portion of long-term debt 8,793 8,090
Accounts payable 241,532 229,866
Accrued payroll and bonus 47,664 71,264
Dividends payable 38,060 37,968
Other current liabilities 187,472 171,620
Total Current Liabilities 523,521 518,808
Long-term debt 989,196 934,232
DEFERRED GAIN 45,081 46,535
Retirement liabilities 353,914 354,333
Other liabilities 115,242 118,024
Total Other Liabilities $ 1,503,433 $ 1,453,124
Commitments and Contingencies (Note 13)    
Shareholders' Equity:    
Common stock 12 1/2¢ par value; authorized 500,000,000 shares; issued 115,995,113 and 115,858,190 shares as of June 30, 2015 and December 31, 2014, respectively; and outstanding 80,862,556 and 80,777,590 shares as of June 30, 2015 and December 31, 2014 $ 14,470 $ 14,470
Capital in excess of par value 133,051 140,008
Retained earnings 3,508,347 3,350,734
Accumulated other comprehensive loss (556,248) (540,430)
Treasury stock, at cost - 35,132,557 shares as of June 30, 2015 and 35,080,600 shares as of December 31, 2014 (1,476,620) (1,446,221)
Total Shareholders' Equity 1,623,000 1,518,561
Noncontrolling interest 3,674 4,128
Total Shareholders' Equity including noncontrolling interest 1,626,674 1,522,689
Total Liabilities and Shareholders' Equity $ 3,653,628 $ 3,494,621