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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 299,825 $ 286,464
Accounts receivable (less allowance for doubtful accounts of $8,398 in 2013; $8,654 in 2012) 367,134 360,662
Inventories    
Raw materials 112,478 119,963
Work-in-process 38,963 41,805
Finished goods 198,522 203,122
Total inventory 349,963 364,890
Deferred income taxes 10,922 16,670
Other current assets 102,931 104,130
Total Current Assets 1,130,775 1,132,816
Property, Plant and Equipment    
Land 48,369 44,510
Buildings 373,373 343,867
Machinery and equipment 723,715 732,461
Property, Plant and Equipment, Gross 1,145,457 1,120,838
Less accumulated depreciation 661,452 634,602
Property, Plant and Equipment, Net 484,005 486,236
Other Assets    
Prepaid Pension Costs 36,116 0
Equity investments in affiliates 26,618 24,606
Intangibles, net 147,012 132,902
Goodwill 174,715 132,903
Long-term investments 32,763 31,187
Deferred income taxes 3,556 44,639
Other non-current assets 116,307 104,574
Total Other Assets 537,087 470,811
TOTAL ASSETS 2,151,867 2,089,863
Current Liabilities    
Amounts due banks 14,581 18,220
Trade accounts payable 212,799 209,647
Accrued employee compensation and benefits 68,263 68,698
Accrued expenses 29,613 29,420
Accrued taxes, including income taxes 46,109 45,505
Accrued pensions 10,564 3,639
Dividends payable 18,619 0
Customer Advances 24,319 26,335
Other current liabilities 31,335 38,347
Current portion of long-term debt 715 456
Total Current Liabilities 456,917 440,267
Long-Term Liabilities    
Long-term debt, less current portion 3,791 1,599
Accrued pensions 26,999 216,189
Deferred income taxes 48,103 8,349
Accrued taxes 36,149 35,550
Other long-term liabilities 49,220 29,588
Total Long-Term Liabilities 164,262 291,275
Shareholders' Equity    
Preferred shares, without par value – at stated capital amount; authorized – 5,000,000 shares; issued and outstanding – none 0 0
Common shares, without par value – at stated capital amount; authorized – 240,000,000 shares; issued – 98,581,434 shares in 2013 and 2012; outstanding – 81,010,084 shares in 2013 and 82,944,817 shares in 2012 9,858 9,858
Additional paid-in capital 240,519 205,124
Retained earnings 1,908,462 1,682,668
Accumulated other comprehensive loss (151,941) (235,400)
Treasury shares, at cost – 17,571,350 shares in 2013 and 15,636,617 shares in 2012 (480,296) (319,877)
Total Shareholders' Equity 1,526,602 1,342,373
Noncontrolling interests 4,086 15,948
Total Equity 1,530,688 1,358,321
TOTAL LIABILITIES AND EQUITY $ 2,151,867 $ 2,089,863