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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
In Thousands
Total
Cumulative Preferred Stock - par $100, authorized 400,000 shares, none issued
Common Stock - par $1.00, authorized 450,000,000 shares, issued 193,714,102 shares at June 30, 2011 and 192,280,606 shares at June 30, 2010
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income
Treasury Stock
Balance at beginning of period at Dec. 31, 2009   $ 0 $ 191,798 $ 680,509 $ 6,204,316 $ 287,187 $ (17,784)
Exercise of stock options, including income tax benefits     483 14,668      
Foreign currency translation gains (losses), net of income taxes (40,385)         (40,385)  
Net income for the period 421,180       421,180    
Restricted stock transactions and other       (9,688)      
Retirement and postretirement benefit plan adjustments, net of income taxes 4,527         4,527  
Cash dividends         (95,700)    
Stock-based compensation       20,299      
Sale of stock under employee stock purchase plans       477     518
Awarded restricted stock, net of forfeitures             4,305
Cancellation of performance-based restricted stock and forfeitures             258
Balance at end of period at Jun. 30, 2010 7,666,968 0 192,281 706,265 6,529,796 251,329 (12,703)
Balance at beginning of period at Dec. 31, 2010 8,199,550 0 193,294 767,762 6,800,992 449,428 (11,926)
Exercise of stock options, including income tax benefits     420 13,591      
Foreign currency translation gains (losses), net of income taxes 123,025         123,025  
Net income for the period 580,516       580,516    
Restricted stock transactions and other       (15,119)      
Retirement and postretirement benefit plan adjustments, net of income taxes 4,373         4,373  
Cash dividends         (106,312)    
Stock-based compensation       21,661      
Sale of stock under employee stock purchase plans       778     0
Awarded restricted stock, net of forfeitures             6,208
Cancellation of performance-based restricted stock and forfeitures             475
Balance at end of period at Jun. 30, 2011 $ 8,829,166 $ 0 $ 193,714 $ 788,673 $ 7,275,196 $ 576,826 $ (5,243)