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Consolidated Statement Of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 160,231 $ 130,941
Adjustments to reconcile to net cash provided by operations:    
Depreciation and amortization 37,356 40,221
Deferred income taxes 27,215 (14,737)
Gain on disposal of assets (1,580) (1,845)
Stock-based compensation 15,912 10,780
Pension settlement and curtailment 3,583  
Changes in assets and liabilities:    
Current receivables (73,172) (53,766)
Inventories (14,098) (30,384)
Current payables (137,545) 58,580
Other assets (13,541) (16,054)
Other liabilities (2,216) 3,904
Net cash provided by operations 2,145 127,640
Cash flows from investing activities:    
Additions to property, plant and equipment (45,699) (37,013)
Purchase of investments (1,371) (2,444)
Maturity of net investment hedges 976 1,668
Proceeds from disposal of assets 399 1,438
Net cash used in investing activities (45,695) (36,351)
Cash flows from financing activities:    
Cash dividends paid to shareholders (43,349) (39,631)
Net change in bank borrowings and overdrafts 59,083 (33,637)
Proceeds from issuance of stock under stock-based compensation plans 13,155 14,674
Excess tax benefits on stock-based payments 5,075  
Net cash provided by (used in) financing activities 33,964 (58,594)
Effect of exchange rate changes on cash and cash equivalents 1,685 (2,278)
Net change in cash and cash equivalents (7,901) 30,417
Cash and cash equivalents at beginning of year 131,332 80,135
Cash and cash equivalents at end of period 123,431 110,552
Interest paid 27,178 26,614
Income taxes paid $ 38,137 $ 30,715