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CONSOLIDATED BALANCE SHEET (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 324,422 $ 88,279
Receivables:    
Trade 508,736 478,177
Allowance for doubtful accounts (9,293) (5,831)
Inventories 540,658 544,439
Deferred income taxes 65,635 54,054
Prepaid expenses and other current assets 142,401 158,102
Total Current Assets 1,572,559 1,317,220
Property, plant and equipment, net 654,641 608,065
Goodwill 665,582 665,582
Other intangible assets, net 36,688 42,763
Deferred income taxes 160,610 152,118
Other assets 159,520 179,833
Total Assets 3,249,600 2,965,581
Current Liabilities:    
Bank borrowings, overdrafts and current portion of long-term debt 150,071 116,688
Accounts payable 199,272 208,759
Dividends payable   25,086
Restructuring and other charges 3,149 10,198
Other current liabilities 270,240 203,835
Total Current Liabilities 622,732 564,566
Other Liabilities:    
Long-term debt 881,104 778,248
Deferred gains 44,674 47,855
Retirement liabilities 337,927 315,633
Other liabilities 110,608 151,872
Total Other Liabilities 1,374,313 1,293,608
Commitments and Contingencies (Note 16)      
Shareholders' Equity:    
Common stock 12 1/2¢ par value; authorized 500,000,000 shares; issued 115,761,840 shares as of December 31, 2012 and 2011; and outstanding 81,626,874 and 80,921,208 shares as of December 31, 2012 and 2011 14,470 14,470
Capital in excess of par value 127,504 128,631
Retained earnings 2,841,166 2,692,893
Accumulated other comprehensive (loss) income:    
Cumulative translation adjustments (93,722) (111,409)
Accumulated (losses) gains on derivatives qualifying as hedges (218) 4,237
Pension and postretirement liability adjustment (309,685) (268,137)
Treasury stock, at cost - 34,134,966 and 34,840,632 shares as of December 31, 2012 and 2011 (1,330,707) (1,356,273)
Total Shareholders' Equity 1,248,808 1,104,412
Noncontrolling interest 3,747 2,995
Total Shareholders' Equity including noncontrolling interest 1,252,555 1,107,407
Total Liabilities and Shareholders' Equity $ 3,249,600 $ 2,965,581