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Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 88,279 $ 131,332
Receivables:    
Trade 476,031 458,128
Allowance for doubtful accounts (3,685) (6,324)
Inventories 544,439 531,675
Deferred income taxes 54,054 74,160
Prepaid expenses and other current assets 158,102 136,224
Total Current Assets 1,317,220 1,325,195
Property, plant and equipment, net 608,065 538,118
Goodwill 665,582 665,582
Other intangible assets, net 42,763 48,834
Deferred income taxes 152,118 122,800
Other assets 179,833 171,926
Total Assets 2,965,581 2,872,455
Current Liabilities:    
Bank borrowings, overdrafts and current portion of long-term debt 116,688 133,899
Accounts payable 208,759 200,153
Dividends payable 25,086 21,657
Restructuring and other charges 10,198 3,977
Other current liabilities 203,835 301,265
Total Current Liabilities 564,566 660,951
Other Liabilities:    
Long-term debt 778,248 787,668
Deferred gains 47,855 50,917
Retirement liabilities 315,633 221,985
Other liabilities 151,872 147,779
Total Other Liabilities 1,293,608 1,208,349
Commitments and Contingencies (Note 16)      
Shareholders' Equity:    
Common stock $0.125 par value; authorized 500,000,000 shares; issued 115,761,840 shares as of December 31, 2011 and 2010; and outstanding 80,921,208 and 80,210,365 shares as of December 31, 2011 and 2010 14,470 14,470
Capital in excess of par value 128,631 123,809
Retained earnings 2,692,893 2,519,706
Accumulated other comprehensive (loss) income:    
Cumulative translation adjustment (111,409) (74,826)
Accumulated gains (losses) on derivatives qualifying as hedges 4,237 (4,183)
Pension and postretirement liability adjustment (268,137) (196,342)
Stockholders' equity before treasury stock and noncontrolling interest 2,460,685 2,382,634
Treasury stock, at cost - 34,840,632 and 35,551,475 shares as of December 31, 2011 and 2010 (1,356,273) (1,383,212)
Total Shareholders' Equity 1,104,412 999,422
Noncontrolling interest 2,995 3,733
Total Shareholders' Equity including noncontrolling interest 1,107,407 1,003,155
Total Liabilities and Shareholders' Equity $ 2,965,581 $ 2,872,455