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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Continuing operating activities      
Net earnings $ 123,531 $ 239,997 $ 360,293
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation and amortization 168,555 179,706 189,541
(Gain) loss on disposal of property and equipment (12,894) (930) 574
Accretion of interest on convertible debentures 3,028 2,046 188
Inventory write-offs for obsolescence 20,865 21,118 21,449
Pensions and other postretirement benefits, net of contributions (12,146) (11,385) (6,967)
Deferred income taxes (6,828) 14,108 (26,476)
Other 8,530 (16,120) 4,932
Net change in operating assets and liabilities, net of effects of businesses acquired or spun-off (5,152) (52,503) 1,730
Net cash provided by continuing operating activities 287,489 376,037 545,264
Continuing investing activities      
Capital expenditures (150,291) (168,641) (145,413)
Proceeds from sale of property and equipment 10,241 2,162 1,188
Purchase of businesses, net of cash acquired (85,493) (19,335) 0
Purchase of short-term investments (381,040) (497,258) 0
Maturity of short-term investments 339,287 226,792 0
Sale of investments 0 2,167 0
Proceeds from loans receivable 0 0 15,000
Other investing activities (1,828) 1,350 (2,287)
Net cash used in continuing investing activities (269,124) (452,763) (131,512)
Continuing financing activities      
Proceeds from long-term borrowings 150,000 150,000 275,000
Issuance costs (4,827) (4,429) (15,116)
Principal payments on long-term debt and capital leases (27) (681) (104,581)
Net (payments) proceeds on revolving credit lines (66,000) (85,000) 115,000
Common stock repurchases (150,000) (150,000) (275,000)
Distribution in connection with spin-off of VPG 0 0 (70,600)
Net changes in short-term borrowings (115) (10) 528
Distributions to noncontrolling interests (1,040) (1,440) (757)
Proceeds from stock options exercised 174 9,675 0
Excess tax benefit from stock options exercised 0 555 0
Net cash used in continuing financing activities (71,835) (81,330) (75,526)
Effect of exchange rate changes on cash and cash equivalents 1,977 9,806 (19,995)
Increase (decrease) in cash and cash equivalents from continuing activities (51,493) (148,250) 318,231
Net cash used in discontinued operating activities 0 0 (82)
Net cash used in discontinued operations 0 0 (82)
Net increase (decrease) in cash and cash equivalents (51,493) (148,250) 318,149
Cash and cash equivalents at beginning of year 749,088 897,338 579,189
Cash and cash equivalents at end of year $ 697,595 $ 749,088 $ 897,338