SHORT AND LONG-TERM DEBT - SHORT-TERM DEBT (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Oct. 02, 2016	Dec. 31, 2015
Line of Credit Facility [Line Items]
Short-term debt	$ 632,471,000		$ 363,513,000
Short-term debt, weighted average interest rate	1.00%		3.00%
Maximum amount of short term borrowing outstanding	$ 997,120,000
Commercial Paper
Line of Credit Facility [Line Items]
Short-term debt	$ 473,666,000		$ 49,993,000
Short-term debt, weighted average interest rate	0.60%		0.40%
Revolving Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity		$ 500,000
Line of credit facility, accordion feature increase limit	$ 400,000
Debt instrument, covenant, pre-tax income from operations to consolidated interest expense, minimum	200.00%
Revolving Credit Facility | Foreign Line of Credit
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 504,237,000		$ 516,916,000
Short-term foreign bank loans against the lines of credit	158,805,000		$ 313,520,000
Line of Credit | Revolving Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 1,000,000,000