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CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 2,821,446 $ 2,788,018 $ 2,622,862
Cost of goods sold 1,645,912 1,683,362 1,530,260
Research and development expenses 233,713 219,781 218,772
Selling and administrative expenses 453,535 443,974 447,392
Restructuring and other charges, net 1,668 13,172 10,077
Interest expense 41,753 44,639 48,709
Other expense, net 1,450 9,544 8,059
Total cost and expense 2,378,031 2,414,472 2,263,269
Income before taxes 443,415 373,546 359,593
Taxes on income 189,281 106,680 96,036
Net income 254,134 266,866 263,557
Other comprehensive income:      
Foreign currency translation adjustments 17,687 (36,581) (6,220)
(Losses) gains on derivatives qualifying as hedges (4,455) 8,420 (1,442)
Pension and postretirement liability adjustment (41,548) (71,797) 3,285
Comprehensive income $ 225,818 $ 166,908 $ 259,180
Net income per share - basic $ 3.11 $ 3.30 $ 3.29
Net income per share - diluted $ 3.09 $ 3.26 $ 3.26