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Consolidated Balance Sheet - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 272,276 $ 478,573
Trade receivables (net of allowances of $8,217 and $9,147, respectively) 569,608 493,768
Inventories:    
Raw materials 284,503 275,161
Work in process 19,338 17,705
Finished goods 285,622 275,863
Total Inventories 589,463 568,729
Deferred income taxes 12,586 27,709
Prepaid expenses and other current assets 194,818 141,248
Total Current Assets 1,638,751 1,710,027
Property, plant and equipment, at cost 1,779,422 1,766,746
Accumulated depreciation (1,070,520) (1,046,478)
Total Property Plant and Equipment 708,902 720,268
Goodwill 932,307 675,484
Other intangible assets, net 323,054 76,557
Deferred income taxes 179,447 183,047
Other assets 129,224 129,238
Total Assets 3,911,685 3,494,621
Current Liabilities:    
Bank borrowings and overdrafts and current portion of long-term debt 133,056 8,090
Accounts payable 254,344 216,038
Accrued payroll and bonus 55,228 71,264
Dividends payable 44,995 37,968
Other current liabilities 199,697 185,448
Total Current Liabilities 687,320 518,808
Long-term debt 1,057,992 934,232
DEFERRED GAIN 44,154 46,535
Retirement liabilities 354,507 354,333
Other liabilities 171,563 118,024
Total Other Liabilities $ 1,628,216 $ 1,453,124
Commitments and Contingencies
Shareholders' Equity:    
Common stock 12 1/2¢ par value; authorized 500,000,000 shares; issued 115,858,190 shares as of September 30, 2015 and December 31, 2014 and outstanding 80,356,014 and 80,777,590 shares as of September 30, 2015 and December 31, 2014 $ 14,470 $ 14,470
Capital in excess of par value 136,786 140,008
Retained earnings 3,569,911 3,350,734
Accumulated other comprehensive loss (611,636) (540,430)
Treasury stock, at cost - 35,502,176 shares as of September 30, 2015 and 35,080,600 shares as of December 31, 2014 (1,517,659) (1,446,221)
Total Shareholders' Equity 1,591,872 1,518,561
Noncontrolling interest 4,277 4,128
Total Shareholders' Equity including noncontrolling interest 1,596,149 1,522,689
Total Liabilities and Shareholders' Equity $ 3,911,685 $ 3,494,621