CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents	$ 304,183	$ 278,379
Accounts receivable (less allowance for doubtful accounts of $7,299 in 2015; $7,858 in 2014)	264,715	337,664
Inventories
Raw materials	87,919	112,408
Work-in-process	39,555	41,156
Finished goods	148,456	187,493
Total inventory	275,930	341,057
Deferred income taxes	0	9,164
Other current assets	91,167	129,938
Total Current Assets	935,995	1,096,202
Property, Plant and Equipment
Land	45,775	46,553
Buildings	362,325	371,400
Machinery and equipment	696,849	711,737
Property, Plant and Equipment, Gross	1,104,949	1,129,690
Less accumulated depreciation	693,626	690,944
Property, Plant and Equipment, Net	411,323	438,746
Other Assets
Prepaid Pension	38,201	1,240
Equity investments in affiliates	27,241	27,481
Intangibles, net	120,719	132,689
Goodwill	187,504	180,127
Long-term investments	32,093	31,119
Deferred income taxes	8,683	2,940
Other non-current assets	22,412	28,671
Total Other Assets	436,853	404,267
TOTAL ASSETS	1,784,171	1,939,215
Current Liabilities
Amounts due banks	2,822	61,155
Trade accounts payable	152,620	209,745
Accrued employee compensation and benefits	65,571	66,653
Accrued expenses	33,522	30,126
Accrued taxes, including income taxes	16,599	18,947
Accrued pensions	5,026	2,971
Dividends payable	22,622	22,329
Accrued Bonuses, Current	29,011	29,973
Customer Advances	16,112	26,517
Other current liabilities	24,761	16,968
Current portion of long-term debt	1,456	7,011
Total Current Liabilities	370,122	492,395
Long-Term Liabilities
Long-term debt, less current portion	350,347	2,488
Accrued pensions	15,243	32,803
Deferred income taxes	46,662	40,761
Accrued taxes	19,674	25,571
Other long-term liabilities	49,675	59,416
Total Long-Term Liabilities	481,601	161,039
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 2015 and 2014; outstanding – 70,693,389 shares in 2015 and 76,997,161 shares in 2014	9,858	9,858
Additional paid-in capital	272,908	258,816
Retained earnings	2,125,838	2,086,174
Accumulated other comprehensive loss	(296,267)	(288,622)
Treasury shares, at cost – 27,888,045 shares in 2015 and 21,584,273 shares in 2014	(1,180,750)	(783,677)
Total Shareholders' Equity	931,587	1,282,549
Noncontrolling interests	861	3,232
Total Equity	932,448	1,285,781
TOTAL LIABILITIES AND EQUITY	$ 1,784,171	$ 1,939,215