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Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 365,897 $ 324,422
Trade receivables (net of allowances of $8,844 and $9,293, respectively) 541,607 499,443
Inventories:    
Raw materials 239,428 256,728
Work in process 8,466 7,804
Finished goods 264,890 276,126
Total Inventories 512,784 540,658
Deferred income taxes 57,474 65,763
Prepaid expenses and other current assets 156,131 142,401
Total Current Assets 1,633,893 1,572,687
Property, plant and equipment, at cost 1,545,740 1,532,317
Accumulated depreciation (894,729) (877,676)
Total Property Plant and Equipment 651,011 654,641
Goodwill 665,582 665,582
Other intangible assets, net 33,652 36,688
Deferred income taxes 154,966 157,074
Other assets 169,817 159,520
Total Assets 3,308,921 3,246,192
Current Liabilities:    
Bank borrowings and overdrafts and current portion of long-term debt 100,175 150,071
Accounts payable 176,731 199,272
Accrued payroll and bonus 55,963 80,027
Dividends payable 27,744  
Restructuring and other charges 3,120 3,149
Other current liabilities 203,091 197,359
Total Current Liabilities 566,824 629,878
Long-term debt 932,796 881,104
Deferred gains 42,930 44,674
Retirement liabilities 297,306 327,373
Other liabilities 94,635 110,608
Total Other Liabilities 1,367,667 1,363,759
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, 2013 and December 31, 2012; and outstanding 81,741,180 and 81,626,874 shares as of June 30, 2013 and December 31, 2012 14,470 14,470
Capital in excess of par value 127,695 127,504
Retained earnings 2,978,709 2,841,166
Accumulated other comprehensive loss (412,532) (403,625)
Treasury stock, at cost - 34,020,660 shares as of June 30, 2013 and 34,134,966 shares as of December 31, 2012 (1,338,656) (1,330,707)
Total Shareholders' Equity 1,369,686 1,248,808
Noncontrolling interest 4,744 3,747
Total Shareholders' Equity including noncontrolling interest 1,374,430 1,252,555
Total Liabilities and Shareholders' Equity $ 3,308,921 $ 3,246,192