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Inventories
12 Months Ended
Dec. 31, 2015
Inventory Disclosure [Abstract]  
Inventories

Note 3 – Inventories

Inventory costs are determined using the LIFO method for substantially all U.S. inventories. The current cost of the U.S. inventories under the FIFO method was $361,779 and $419,977 at December 31, 2015 and 2014, respectively. These FIFO values have been reduced by approximately $73,123 and $126,231 at December 31, 2015 and 2014, respectively, to arrive at the LIFO value reported on the Consolidated Balance Sheets. The remaining inventories have been valued under the FIFO or average cost methods. All inventories are stated at the lower of cost or market.