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Consolidated Statement Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ 115,764 $ 118,603
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 26,802 26,697
Deferred income taxes (3,766) 4,193
Gain on disposal of assets (21) (2,713)
Stock-based compensation 5,819 5,930
Pension contributions (25,263) (7,410)
Foreign currency gain on liquidation of entity (12,214) 0
Changes in assets and liabilities, net of acquisitions:    
Trade receivables (60,858) (60,655)
Inventories (109) 3,256
Accounts payable (1,978) (29,375)
Accruals for incentive compensation (23,485) (11,598)
Other current payables and accrued expenses (7,286) 10,456
Other assets 29,016 2,178
Other liabilities (20,720) (19,619)
Net cash provided by operating activities 21,701 39,943
Cash flows from investing activities:    
Cash paid for acquisitions, net of cash received (138,093) 0
Additions to property, plant and equipment (26,662) (22,512)
Maturity of net investment hedges 1,948 0
Proceeds from disposal of assets 619 1,366
Net cash used in investing activities (162,188) (21,146)
Cash flows from financing activities:    
Cash dividends paid to shareholders (50,677) (44,826)
Increase (decrease) in revolving credit facility borrowings and overdrafts 97,275 (124,602)
Increase in commercial paper 107,441 0
Deferred financing costs 0 (4,796)
Proceeds from issuance of long-term debt 0 555,559
Loss on pre-issuance hedges 300 (3,244)
Proceeds from issuance of stock under stock plans 0 163
Employee withholding taxes paid (3,000) (7,296)
Purchase of treasury stock (37,612) (40,007)
Net cash provided by financing activities 113,727 330,951
Effect of exchange rate changes on cash and cash equivalents 2,835 (2,859)
Net change in cash and cash equivalents (23,925) 346,889
Cash and cash equivalents at beginning of year 323,992 181,988
Cash and cash equivalents at end of period 300,067 528,877
Interest paid, net of amounts capitalized 16,667 20,729
Income taxes paid $ 20,043 $ 23,884