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Consolidated Statement Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Net sales $ 765,092 $ 773,813 $ 2,307,540 $ 2,332,451
Cost of goods sold 417,966 433,702 1,269,097 1,298,281
Gross profit 347,126 340,111 1,038,443 1,034,170
Research and development expenses 62,750 63,701 188,725 191,635
Selling and administrative expenses 127,663 123,212 382,560 379,864
Restructuring and other charges, net 0 608 (170) 912
Operating profit 156,713 152,590 467,328 461,759
Interest expense 11,855 10,968 34,357 34,048
Other expense (income), net 1,959 (563) (3,315) (3,761)
Income before taxes 142,899 142,185 436,286 431,472
Taxes on income 36,452 34,770 96,206 107,064
Net income 106,447 107,415 340,080 324,408
Other comprehensive income, after tax:        
Foreign currency translation adjustments (48,368) (25,046) (81,326) (26,872)
(Losses) gains on derivatives qualifying as hedges (12,498) 5,748 (6,381) 7,806
Pension and postretirement net liability 5,478 3,951 16,501 12,716
Net current period other comprehensive income (loss) (55,388) (15,347) (71,206) (6,350)
Total comprehensive income $ 51,059 $ 92,068 $ 268,874 $ 318,058
Net income per share - basic, in dollars per share $ 1.32 $ 1.32 $ 4.20 $ 3.98
Net income per share - diluted, in dollars per share $ 1.31 $ 1.31 $ 4.18 $ 3.95
Average number of shares outstanding - basic 80,330 80,942 80,602 80,981
Average number of shares outstanding - diluted 80,737 81,508 81,052 81,556
Dividends declared per share, in dollars per share $ 0.56 $ 0.47 $ 1.5 $ 1.25