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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 431,984 $ 337,039
Accounts receivable, net 295,290 297,976
Inventories, net 333,621 323,347
Prepaid expenses and other current assets 39,810 28,712
Prepaid taxes 36,504 27,160
Deferred tax assets 52,917 51,025
Assets held for sale 10,428 7,963
Total current assets 1,200,554 1,073,222
Property, plant and equipment, net 325,900 297,945
Goodwill 1,354,203 1,238,452
Intangibles assets, net 1,255,597 1,058,792
Investments in affiliates 1,715 2,066
Deferred tax assets 943 1,347
Other assets 70,095 61,863
Total assets 4,209,007 3,733,687
Current liabilities    
Notes payable 356,287 4,700
Accounts payable 71,967 75,165
Accrued expenses 74,868 65,064
Current portion of contingent consideration 4,131 23,693
Payroll and benefit-related liabilities 73,090 74,586
Accrued interest 8,725 9,418
Income taxes payable 23,821 16,895
Other current liabilities 22,231 5,779
Total current liabilities 635,120 275,300
Long-term borrowings 930,000 965,280
Deferred tax liabilities 514,715 418,874
Pension and postretirement benefit liabilities 109,498 170,946
Noncurrent liability for uncertain tax positions 55,152 61,979
Other liabilities 48,506 59,771
Total liabilities 2,292,991 1,952,150
Commitments and contingencies (See Note 15)      
Common shareholders’ equity    
Common shares, $1 par value Issued: 2013 — 43,243 shares; 2012 — 43,102 shares 43,243 43,102
Additional paid-in capital 409,338 394,384
Retained earnings 1,696,424 1,601,460
Accumulated other comprehensive loss (110,855) (132,048)
Shareholders Equity Before Treasury Stock, Total 2,038,150 1,906,898
Less: Treasury stock, at cost 124,623 127,948
Total common shareholders’ equity 1,913,527 1,778,950
Noncontrolling interest 2,489 2,587
Total equity 1,916,016 1,781,537
Total liabilities and equity $ 4,209,007 $ 3,733,687