Consolidated Balance Sheet - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 491,386	$ 323,992
Trade receivables (net of allowances of $12,772 and $9,995, respectively)	665,511	550,658
Inventories:
Raw materials	309,544	288,629
Work in process	17,828	13,792
Finished goods	296,390	289,596
Total Inventories	623,762	592,017
Prepaid expenses and other current assets	213,267	142,347
Total Current Assets	1,993,926	1,609,014
Property, plant and equipment, at cost	2,022,866	1,913,333
Accumulated depreciation	(1,211,040)	(1,137,617)
Total Property Plant and Equipment	811,826	775,716
Goodwill	1,145,165	1,000,123
Other intangible assets, net	426,064	365,783
Deferred income taxes	150,359	138,636
Other assets	91,535	127,712
Total Assets	4,618,875	4,016,984
Current Liabilities:
Bank borrowings and overdrafts and current portion of long-term debt	257,873	258,516
Accounts payable	265,900	274,815
Accrued payroll and bonus	53,833	64,357
Dividends payable	50,621	50,678
Other current liabilities	232,996	249,931
Total Current Liabilities	861,223	898,297
Long-term debt	1,636,338	1,066,855
DEFERRED GAIN	38,529	39,816
Retirement liabilities	251,154	243,407
Other liabilities	151,545	137,475
Total Other Liabilities	2,077,566	1,487,553
Commitments and Contingencies
Shareholders' Equity:
Common stock 12 1/2¢ par value; authorized 500,000,000 shares; issued 115,858,190 shares as of June 30, 2017 and December 31, 2016 and outstanding 78,975,563 and 79,213,037 shares as of June 30, 2017 and December 31, 2016	14,470	14,470
Capital in excess of par value	148,445	152,481
Retained earnings	3,909,200	3,818,535
Accumulated other comprehensive loss	(676,201)	(680,095)
Treasury stock, at cost - 36,882,627 shares as of June 30, 2017 and 36,645,153 shares as of December 31, 2016	(1,721,556)	(1,679,147)
Total Shareholders' Equity	1,674,358	1,626,244
Noncontrolling interest	5,728	4,890
Total Shareholders' Equity including noncontrolling interest	1,680,086	1,631,134
Total Liabilities and Shareholders' Equity	$ 4,618,875	$ 4,016,984