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Consolidated Statement Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 767,541 $ 788,414 $ 1,542,448 $ 1,558,638
Cost of goods sold 422,501 435,767 851,131 864,579
Gross profit 345,040 352,647 691,317 694,059
Research and development expenses 62,514 66,431 125,976 127,934
Selling and administrative expenses 134,063 132,919 254,898 256,653
Restructuring and other charges, net (358) 182 (170) 304
Operating profit 148,821 153,115 310,613 309,168
Interest expense 11,407 11,403 22,502 23,080
Other expense (income), net 436 (4,641) (5,275) (3,198)
Income before taxes 136,978 146,353 293,386 289,286
Taxes on income 31,604 36,068 59,754 72,294
Net income 105,374 110,285 233,632 216,992
Other comprehensive income, after tax:        
Foreign currency translation adjustments 17,557 7,570 (32,958) (1,826)
(Losses) gains on derivatives qualifying as hedges (5,966) 1,598 6,117 2,058
Pension and postretirement net liability 5,476 4,400 11,023 8,765
Net current period other comprehensive income (loss) 17,067 13,568 (15,818) 8,997
Total comprehensive income $ 122,441 $ 123,853 $ 217,814 $ 225,989
Net income per share - basic, in dollars per share $ 1.30 $ 1.35 $ 2.88 $ 2.66
Net income per share - diluted, in dollars per share $ 1.29 $ 1.35 $ 2.86 $ 2.64
Average number of shares outstanding - basic 80,790 80,949 80,729 81,003
Average number of shares outstanding - diluted 81,192 81,430 81,201 81,583
Dividends declared per share, in dollars per share $ 0.47 $ 0.39 $ 0.94 $ 0.78