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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 384,639 $ 423,947
Accounts receivable, net 372,252 333,330
Current insurance receivable - asbestos 33,722 33,722
Inventories, net:    
Finished goods 115,319 113,872
Finished parts and subassemblies 40,415 37,517
Work in process 64,829 59,277
Raw materials 139,060 142,059
Inventories, net 359,623 352,725
Current deferred tax asset 18,801 21,618
Other current assets 16,079 15,179
Total current assets 1,185,116 1,180,521
Property, plant and equipment:    
Cost 787,055 796,377
Less: accumulated depreciation 526,742 528,094
Property, plant and equipment, net 260,313 268,283
Long-term insurance receivable - asbestos 159,659 171,752
Long-term deferred tax assets 238,342 245,843
Other assets 84,191 83,774
Intangible assets, net 118,565 125,913
Goodwill 803,917 813,792
Total assets 2,850,103 2,889,878
Current liabilities:    
Short-term borrowings 1,127 1,123
Accounts payable 174,182 182,731
Current asbestos liability 91,670 91,670
Accrued liabilities 178,507 220,678
U.S. and foreign taxes on income 13,189 15,686
Total current liabilities 458,675 511,888
Long-term debt 399,137 399,092
Accrued pension and postretirement benefits 226,457 233,603
Long-term deferred tax liability 35,178 36,853
Long-term asbestos liability 681,609 704,195
Other liabilities 75,754 76,871
Total liabilities 1,876,810 1,962,502
Commitments and contingencies (Note 9)      
Equity:    
Preferred shares, par value $.01; 5,000,000 shares authorized 0 0
Common stock, par value $1.00; 200,000,000 shares authorized, 72,426,139 shares issued 72,426 72,426
Capital surplus 208,103 204,472
Retained earnings 1,292,618 1,250,972
Accumulated other comprehensive loss (145,883) (128,077)
Treasury stock (463,125) (481,410)
Total shareholders' equity 964,139 918,383
Noncontrolling interests 9,154 8,993
Total equity 973,293 927,376
Total liabilities and equity $ 2,850,103 $ 2,889,878
Common stock issued 72,426,139 72,426,139
Less: Common stock held in treasury (14,665,731) (15,319,967)
Common stock outstanding 57,760,408 57,106,172