Borrowings (Tables)

6 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Borrowings consist of the following:

	June 30, 2015		December 31, 2014
Short-term
Current portion of long-term debt	$	300,051	$	299,956
Commercial paper	81,900		478,000
	$	381,951	$	777,956

Schedule of Long-term Debt Instruments

	June 30, 2015			December 31, 2014
Long-term
4.875% 10-year notes due October 15, 2015	$	299,934		$	299,836
5.45% 10-year notes due March 15, 2018	349,093			348,928
2.125% 7-year notes due December 1, 2020 (Euro-denominated)	335,632			363,970
4.30% 10-year notes due March 1, 2021	449,852			449,839
6.65% 30-year debentures due June 1, 2028	199,534			199,517
5.375% 30-year debentures due October 15, 2035	296,764			296,685
6.60% 30-year notes due March 15, 2038	247,992			247,948
5.375% 30-year notes due March 1, 2041	345,910			345,830
Other	403			444
Total long-term debt	2,525,114			2,552,997
Less current installments	(300,051		)	(299,956		)
	$	2,225,063		$	2,253,041

Schedule of Interest expense and interest income

Interest expense and interest income for the three and six months ended June 30, 2015 and 2014 were as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2015			2014			2015			2014
Interest expense	$	33,053		$	32,933		$	66,058		$	66,624
Interest income	(1,065		)	(972		)	(2,033		)	(2,008		)
Interest expense, net	$	31,988		$	31,961		$	64,025		$	64,616