SUPPLEMENTAL BALANCE SHEET INFORMATION (Tables)

12 Months Ended

Dec. 31, 2013

SUPPLEMENTAL BALANCE SHEET INFORMATION [Abstract]

Inventory

Total inventories were as follows:

December 31,	2013			2012
In thousands of dollars
Raw materials	$	226,978		$	256,969
Goods in process	79,861			78,292
Finished goods	517,968			496,981
Inventories at FIFO	824,807			832,242
Adjustment to LIFO	(165,266		)	(198,980		)
Total inventories	$	659,541		$	633,262

Property, Plant and Equipment

Major classes of property, plant and equipment were as follows:

December 31,	2013			2012
In thousands of dollars
Land	$	96,334		$	92,916
Buildings	956,890			878,527
Machinery and equipment	2,726,170			2,589,183
Property, plant and equipment, gross	3,779,394			3,560,626
Accumulated depreciation	(1,974,049		)	(1,886,555		)
Property, plant and equipment, net	$	1,805,345		$	1,674,071

Goodwill and Other Intangibles Assets

Goodwill and intangible assets were as follows:

December 31,	2013			2012
In thousands of dollars
Unamortized intangible assets:
Goodwill balance at beginning of year	$	588,003		$	516,745
Effect of foreign currency translation	(11,442		)	3,284
Acquisitions	—			67,974
Goodwill balance at end of year	$	576,561		$	588,003
Trademarks with indefinite lives	$	81,465		$	81,465
Amortized intangible assets, gross:
Trademarks	64,436			68,490
Customer-related	72,094			74,790
Intangible asset associated with cooperative agreement with Bauducco	13,683			13,683
Patents	19,278			20,018
Effect of foreign currency translation	(9,256		)	(6,470		)
Total other intangible assets, gross	241,700			251,976
Accumulated amortization:
Trademarks	(5,190		)	(2,250		)
Customer-related	(26,853		)	(22,990		)
Intangible asset associated with cooperative agreement with Bauducco	(7,379		)	(6,294		)
Patents	(9,737		)	(7,411		)
Effect of foreign currency translation	2,703			1,682
Total accumulated amortization	(46,456		)	(37,263		)
Other intangibles	$	195,244		$	214,713

Finite-Lived Intangible Assets, Future Amortization Expense

Estimated annual amortization expense for other intangible assets over the next five years is as follows:

Annual Amortization Expense	2014		2015		2016		2017		2018
In thousands of dollars
Estimated amortization expense	$	10,452	$	9,916	$	9,913	$	9,245	$	8,151

Accrued Liabilities

Accrued liabilities were as follows:

December 31,	2013		2012
In thousands of dollars
Payroll, compensation and benefits	$	245,641	$	236,598
Advertising and promotion	348,966		289,221
Other	105,115		125,087
Total accrued liabilities	$	699,722	$	650,906

Other Long-Term Liabilities

Other long-term liabilities were as follows:

December 31,	2013		2012
In thousands of dollars
Post-retirement benefits liabilities	$	245,460	$	292,234
Pension benefits liabilities	50,842		240,215
Other	137,766		136,283
Total other long-term liabilities	$	434,068	$	668,732