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Consolidated Balance Sheet (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 123,431 $ 131,332
Trade receivables 551,189 458,128
Allowance for doubtful accounts (5,639) (6,324)
Inventories:    
Raw materials 284,327 270,191
Work in process 8,969 6,211
Finished goods 274,866 255,273
Total Inventories 568,162 531,675
Deferred income taxes 54,097 74,160
Prepaid expenses and other current assets 147,990 136,224
Total Current Assets 1,439,230 1,325,195
Property, plant and equipment, at cost 1,398,853 1,344,883
Accumulated depreciation (834,160) (806,765)
Property, plant and equipment, net 564,693 538,118
Goodwill 665,582 665,582
Other intangible assets, net 45,799 48,834
Deferred income taxes 115,099 122,800
Other assets 178,198 171,926
Total Assets 3,008,601 2,872,455
Current Liabilities:    
Bank borrowings and overdrafts and current portion of long-term debt 216,345 133,899
Accounts payable 166,438 200,153
Accrued payroll and bonus 44,872 95,135
Dividends payable 21,825 21,657
Restructuring and other charges 1,071 3,977
Other current liabilities 178,101 206,130
Total Current Liabilities 628,652 660,951
Long-term debt 767,353 787,668
Deferred gains 49,403 50,917
Retirement liabilities 223,602 221,985
Other liabilities 150,877 147,779
Total Other Liabilities 1,191,235 1,208,349
Commitments and Contingencies (Note 12)    
Shareholders' Equity:    
Common stock 12 1/2 par value; authorized 500,000,000 shares; issued 115,761,840 shares as of June 30, 2011 and December 31, 2010; and outstanding 80,834,356 and 80,210,365 shares as of June 30, 2011 and December 31, 2010 14,470 14,470
Capital in excess of par value 123,570 123,809
Retained earnings 2,636,419 2,519,706
Accumulated other comprehensive loss (230,179) (275,351)
Treasury stock, at cost - 34,927,484 shares as of June 30, 2011 and 35,551,475 shares as of December 31, 2010 (1,359,665) (1,383,212)
Total Shareholders' Equity 1,184,615 999,422
Noncontrolling interest 4,099 3,733
Total Shareholders' Equity including noncontrolling interest 1,188,714 1,003,155
Total Liabilities and Shareholders' Equity $ 3,008,601 $ 2,872,455