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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities of Continuing Operations    
Net earnings $ 651,210 $ 616,954
Adjustments to reconcile net earnings to cash from operating activities:    
Loss (gain) from discontinued operations, net 732 20,473
Depreciation and amortization 269,814 220,331
Stock-based compensation 23,589 20,025
Cash effect of changes in current assets and liabilities (excluding effects of acquisitions, dispositions and foreign exchange):    
Accounts receivable (172,441) (202,863)
Inventories (55,560) (66,422)
Prepaid expenses and other assets 4,786 (15,105)
Accounts payable 25,931 102,709
Accrued expenses (13,883) (15,181)
Contributions to domestic employee benefit plans (13,790) (12,000)
Accrued and deferred taxes, net 2,851 10,425
Other, net (12,005) 20,031
Net cash provided by operating activities of continuing operations 711,234 699,377
Investing Activities of Continuing Operations    
Additions to property, plant and equipment (215,116) (188,717)
Acquisitions (net of cash acquired) (354,270) (1,369,252)
Proceeds from sale of short-term investments 0 124,410
Proceeds from the sale of property, plant and equipment 11,197 7,369
Proceeds from the sale of businesses 0 304,176
Settlement of net investment hedge 0 (18,211)
Other (14,911) 0
Net cash used in investing activities of continuing operations (573,100) (1,140,225)
Financing Activities of Continuing Operations    
Purchase of common stock (393,487) (129,637)
Proceeds from exercise of stock options and SARs, including tax benefits 37,973 36,636
Dividends to stockholders (179,133) (161,046)
Change in notes payable, net 0 (14,966)
Reduction of long-term debt (599) (401,187)
Proceeds from long-term debt, net of discount and issuance costs 0 788,971
Net cash provided by (used in) financing activities of continuing operations (535,246) 118,771
Cash Flows from Discontinued Operations    
Net cash provided by operating activities of discontinued operations (22,776) 27,930
Net cash used in investing activities of discontinued operations 0 (4,463)
Net cash used in discontinued operations (22,776) 23,467
Effect of exchange rate changes on cash and cash equivalents 7,232 26,645
Net decrease in cash and cash equivalents (412,656) (271,965)
Cash and cash equivalents at beginning of period 1,206,755 1,189,079
Cash and cash equivalents at end of period $ 794,099 $ 917,114