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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities:    
Net income attributable to common shareholders $ 48,684 $ 57,791
Noncontrolling interests in subsidiaries' earnings 188 151
Net income before allocation to noncontrolling interests 48,872 57,942
Restructuring - Non Cash 366 0
Depreciation and amortization 21,775 12,710
Stock-based compensation expense 5,647 5,379
Defined benefit plans and postretirement expense (2,908) 943
Deferred income taxes 4,738 8,200
Cash used for working capital (69,322) (98,534)
Defined benefit plans and postretirement contributions (4,761) (2,816)
Environmental payments, net of reimbursements (2,683) (3,505)
Payments for asbestos-related fees and costs, net of insurance recoveries (12,925) (10,493)
Other (7,709) 9,771
Total provided by operating activities (18,910) (20,403)
Investing activities:    
Capital expenditures (9,393) (5,473)
Proceeds from disposition of capital assets 231 196
Total provided by (used for) investing activities (9,162) (5,277)
Equity:    
Dividends paid (17,616) (16,144)
Stock options exercised - net of shares reacquired 3,752 10,389
Excess tax benefit from stock-based compensation 5,145 2,928
Debt:    
Net decrease in short-term debt 18,000 0
Total used for financing activities 9,281 (2,827)
Effect of exchange rates on cash and cash equivalents (1,578) (10,801)
Increase (decrease) in cash and cash equivalents (20,369) (39,308)
Cash and cash equivalents at beginning of period 270,643 423,947
Cash and cash equivalents at end of period 250,274 384,639
Detail of cash used for working capital:    
Accounts receivable (17,427) (39,425)
Inventories (22,089) (13,026)
Other current assets (1,381) (1,096)
Accounts payable (15,066) (5,287)
Accrued liabilities (14,198) (39,618)
U.S. and foreign taxes on income 839 (82)
Total (69,322) (98,534)
Supplemental disclosure of cash flow information:    
Interest paid 1,578 6,013
Income taxes paid $ 12,167 $ 11,706