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Consolidated Balance Sheet - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 498,730 $ 181,988
Trade receivables (net of allowances of $9,424 and $8,229, respectively) 587,074 537,896
Inventories:    
Raw materials 279,928 265,209
Work in process 16,140 17,450
Finished goods 289,117 289,388
Total Inventories 585,185 572,047
Prepaid expenses and other current assets 186,046 145,178
Total Current Assets 1,857,035 1,437,109
Property, plant and equipment, at cost 1,876,926 1,812,283
Accumulated depreciation (1,131,685) (1,079,489)
Total Property Plant and Equipment 745,241 732,794
Goodwill 941,511 941,389
Other intangible assets, net 284,608 306,004
Deferred income taxes 148,621 166,323
Other assets 120,113 118,391
Total Assets 4,097,129 3,702,010
Current Liabilities:    
Bank borrowings and overdrafts and current portion of long-term debt 257,675 132,349
Accounts payable 259,208 285,501
Accrued payroll and bonus 59,807 48,843
Dividends payable 50,871 44,824
Other current liabilities 228,363 213,639
Total Current Liabilities 855,924 725,156
Long-term debt 1,110,201 935,373
DEFERRED GAIN 40,856 43,260
Retirement liabilities 244,288 242,383
Other liabilities 147,662 160,849
Total Other Liabilities 1,543,007 1,381,865
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, 2016 and December 31, 2015 and outstanding 79,476,755 and 80,022,291 shares as of September 30, 2016 and December 31, 2015 14,470 14,470
Capital in excess of par value 146,551 140,802
Retained earnings 3,789,271 3,604,254
Accumulated other comprehensive loss (611,647) (613,440)
Treasury stock, at cost - 36,381,435 shares as of September 30, 2016 and 35,835,899 shares as of December 31, 2015 (1,644,869) (1,555,769)
Total Shareholders' Equity 1,693,776 1,590,317
Noncontrolling interest 4,422 4,672
Total Shareholders' Equity including noncontrolling interest 1,698,198 1,594,989
Total Liabilities and Shareholders' Equity $ 4,097,129 $ 3,702,010