Borrowings (Tables)

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Borrowings consist of the following:

	March 31, 2015		December 31, 2014
Short-term
Current portion of long-term debt	$	300,002	$	299,956
Commercial paper	325,500		478,000
	$	625,502	$	777,956

Schedule of Long-term Debt Instruments

	March 31, 2015			December 31, 2014
Long-term
4.875% 10-year notes due October 15, 2015	$	299,885		$	299,836
5.45% 10-year notes due March 15, 2018	349,010			348,928
2.125% 7-year notes due December 1, 2020 (Euro-denominated)	328,632			363,970
4.30% 10-year notes due March 1, 2021	449,846			449,839
6.65% 30-year debentures due June 1, 2028	199,526			199,517
5.375% 30-year debentures due October 15, 2035	296,725			296,685
6.60% 30-year notes due March 15, 2038	247,970			247,948
5.375% 30-year notes due March 1, 2041	345,870			345,830
Other	412			444
Total long-term debt	2,517,876			2,552,997
Less current installments	(300,002		)	(299,956		)
	$	2,217,874		$	2,253,041

Schedule of Interest expense and interest income

Interest expense and interest income for the three months ended March 31, 2015 and 2014 were as follows:

	Three Months Ended March 31,
	2015			2014
Interest expense	$	33,005		$	33,691
Interest income	(968		)	(1,036		)
Interest expense, net	$	32,037		$	32,655