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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) (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 at December 31, 2013, 2012 and 2011, issued 0 shares at December 31, 2013, 194,616,470 shares at December 31, 2012 and 193,909,200 shares at December 31, 2011
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income
Treasury Stock
Balance at beginning of period at Dec. 31, 2012   $ 0 $ 194,616 $ 873,934 $ 7,717,389 $ 408,901 $ (252,805)
Exercise of stock options     67 743      
Foreign currency translation loss, net of income taxes (117,754)         (117,754)  
Purchase of treasury shares             0
Net income for the period 360,599 [1]       360,599    
Restricted stock transactions and other       (24,480)      
Retirement and postretirement benefit plan adjustments, net of income taxes 2,738         2,738  
Sale of stock under employee stock purchase plans             337
Cash dividends         (59,672)    
Stock-based compensation       16,903      
Change in deferred loss on interest rate hedges, net of income taxes           486  
Awarded restricted stock, net of forfeitures             16,545
Other       (53)      
Balance at end of period at Mar. 31, 2013 9,138,494 0 194,683 867,047 8,018,316 294,371 (235,923)
Balance at beginning of period at Dec. 31, 2013 8,595,730 0 194,920 902,633 8,058,792 172,119 (732,734)
Exercise of stock options     26 (10,765)      
Foreign currency translation loss, net of income taxes (136,604)         (136,604)  
Purchase of treasury shares             (250,000)
Net income for the period 155,253       155,253    
Restricted stock transactions and other       (26,400)      
Retirement and postretirement benefit plan adjustments, net of income taxes 1,465         1,465  
Sale of stock under employee stock purchase plans             132
Cash dividends         (56,073)    
Stock-based compensation       11,190      
Change in deferred loss on interest rate hedges, net of income taxes           483  
Awarded restricted stock, net of forfeitures             19,652
Other       (11)      
Balance at end of period at Mar. 31, 2014 $ 8,304,078 $ 0 $ 194,946 $ 876,647 $ 8,157,972 $ 37,463 $ (962,950)
[1] Reclassified to conform to current presentation.