Borrowings (Tables)

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Borrowings consist of the following:

	September 30, 2014		December 31, 2013
Short-term
Current portion of long-term debt	$	2,566	$	2,778
Commercial paper	150,500		226,500
	$	153,066	$	229,278

Schedule of Long-term Debt Instruments

	September 30, 2014			December 31, 2013
Long-term
4.875% 10-year notes due October 15, 2015	$	299,786		$	299,638
5.45% 10-year notes due March 15, 2018	348,845			348,598
2.125% 7-year notes due December 1, 2020 (euro-denominated)	381,856			411,500
4.30% 10-year notes due March 1, 2021	449,833			449,813
6.65% 30-year debentures due June 1, 2028	199,509			199,483
5.375% 30-year debentures due October 15, 2035	296,645			296,526
6.60% 30-year notes due March 15, 2038	247,926			247,859
5.375% 30-year notes due March 1, 2041	345,790			345,671
Other	2,633			2,891
Total long-term debt	2,572,823			2,601,979
Less current installments	(2,566		)	(2,778		)
	$	2,570,257		$	2,599,201

Schedule of Interest expense and interest income

Interest expense and interest income for the three and nine months ended September 30, 2014 and 2013 were as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Interest expense	$	32,509		$	30,994		$	99,150		$	92,852
Interest income	(1,270		)	(758		)	(3,279		)	(2,100		)
Interest expense, net	$	31,239		$	30,236		$	95,871		$	90,752