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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 194,380,426 shares at June 30, 2012 and 193,714,102 shares at June 30, 2011
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income
Treasury Stock
Balance at beginning of period at Dec. 31, 2010   $ 0 $ 193,294 $ 767,762 $ 6,800,992 $ 449,428 $ (11,926)
Exercise of stock options     420 13,591      
Foreign currency translation gains, net of income taxes 123,025         123,025  
Net income for the period 580,516 [1]       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      
Change in deferred loss on interest rate hedges, net of income taxes 0         0  
Sale of stock under employee stock purchase plans       778     475
Awarded restricted stock, net of forfeitures     0       6,208
Balance at end of period at Jun. 30, 2011 8,778,397 0 193,714 788,673 7,275,196 576,826 (5,243)
Balance at beginning of period at Dec. 31, 2011 8,778,397 0 193,909 817,974 7,460,942 310,420 (4,848)
Exercise of stock options     247 9,036      
Foreign currency translation gains, net of income taxes 15,702         15,702  
Net income for the period 585,508       585,508    
Restricted stock transactions and other       (5,257)      
Retirement and postretirement benefit plan adjustments, net of income taxes 5,672         5,672  
Cash dividends         (106,797)    
Stock-based compensation       20,886      
Change in deferred loss on interest rate hedges, net of income taxes (2,407)         (2,167)  
Sale of stock under employee stock purchase plans       1,554     1,623
Awarded restricted stock, net of forfeitures     224       0
Balance at end of period at Jun. 30, 2012 $ 9,304,628 $ 0 $ 194,380 $ 844,193 $ 7,939,653 $ 329,627 $ (3,225)
[1] Reclassified to conform to current presentation.