FAIR VALUE OF FINANCIAL INSTRUMENTS (Table)

6 Months Ended

Jun. 30, 2015

Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The location and amounts of derivative instrument fair values in the condensed consolidated balance sheet are below.



(In thousands)	June 30, 2015		December 31, 2014
Assets
Undesignated for hedge accounting
Forward exchange contracts	$	56	$	605
Total asset derivatives (A)	$	56	$	605
Liabilities
Designated for hedge accounting
Interest rate swaps	$	9,443	$	5,121
Undesignated for hedge accounting
Forward exchange contracts	364		676
Total liability derivatives (B)	$	9,807	$	5,797

(A)Forward exchange derivatives are included in Other current assets.

(B)Forward exchange derivatives are included in Other current liabilities and interest rate swap liabilities are included in Other liabilities.

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

three and six months ended June 30, were as follows:



	Three Months Ended						Six Months Ended
(In thousands)	June 30,						June 30,
	2015			2014			2015			2014
Other Income, net
Gain / (loss) on interest rate swaps	$	(16,232	)	$	12,159		$	(4,322	)	$	24,934
Gain / (loss) on hedged fixed rate debt	16,232			(12,159		)	4,322			(24,934		)
Total	$	—		$	—		$	—		$	—

Undesignated hedges

The location and amount of gains and losses recognized in income on forward exchange derivative contracts not designated for hedge accounting for the three and six months ended June 30, were as follows:



	Three Months Ended				Six Months Ended
(In thousands)	June 30,				June 30,
Derivatives not designated as hedging instrument	2015		2014		2015		2014
Forward exchange contracts:
General and administrative expenses	$	2,528	$	2,020	$	1,556	$	(930	)

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]



	June 30, 2015				December 31, 2014
(In thousands)	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
Industrial revenue bond, due 2023	$	8,400	$	8,400	$	8,400	$	8,400
Revolving credit agreement, due 2019	—		—		—		—
5.51% Senior notes due 2017	150,000		161,000		150,000		162,617
3.84% Senior notes due 2021	99,988		99,988		99,934		99,934
3.70% Senior notes due 2023	225,000		224,473		225,000		225,748
3.85% Senior notes due 2025	97,721		97,721		98,360		98,360
4.24% Senior notes due 2026	194,733		194,733		197,237		197,237
4.05% Senior notes due 2028	73,116		73,116		74,348		74,348
4.11% Senior notes due 2028	100,000		99,259		100,000		100,801
Other debt	1,038		1,038		1,069		1,069
Total debt	$	949,996	$	959,728	$	954,348	$	968,514