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Consolidated Statement Of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net sales $ 920,016 $ 842,861 $ 1,850,944 $ 1,671,154
Cost of goods sold 521,299 469,877 1,046,419 935,088
Gross profit 398,717 372,984 804,525 736,066
Research and development expenses 74,767 72,761 153,244 144,887
Selling and administrative expenses 157,407 139,319 300,051 283,023
Amortization of acquisition-related intangibles 9,584 8,494 18,769 15,561
Restructuring and other charges, net 1,186 791 1,903 10,934
Losses (gains) on sales of fixed assets 1,264 (68) 1,195 (89)
Operating profit 154,509 151,687 329,363 281,750
Interest expense 53,246 17,556 69,841 30,363
Other (income), net (20,655) (7,909) (21,232) (29,140)
Income before taxes 121,918 142,040 280,754 280,527
Taxes on income 22,769 32,245 52,190 54,968
Net income 99,149 109,795 228,564 225,559
Other comprehensive income, after tax:        
Foreign currency translation adjustments (85,264) 13,347 (70,461) 10,090
Gains (losses) on derivatives qualifying as hedges 10,455 (11,768) 9,926 (13,519)
Pension and postretirement net liability 2,890 3,688 5,519 7,323
Net current period other comprehensive income (loss) (71,919) 5,267 (55,016) 3,894
Total comprehensive income $ 27,230 $ 115,062 $ 173,548 $ 229,453
Net income per share - basic, in dollars per share $ 1.25 $ 1.39 $ 2.89 $ 2.85
Net income per share - diluted, in dollars per share $ 1.25 $ 1.38 $ 2.87 $ 2.84
Average number of shares outstanding - basic 79,065 79,072 79,041 79,088
Average number of shares outstanding - diluted 79,303 79,305 79,347 79,360
Dividends declared per share, in dollars per share $ 0.69 $ 0.64 $ 1.38 $ 1.28