CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 84,955	$ 139,252
Non-controlling interests in subsidiaries’ loss	(22)	(58)
Net income including non-controlling interests	84,933	139,194
Adjustments to reconcile Net income including non-controlling interests to Net cash provided by operating activities:
Rationalization and asset impairment charges	0	30
Deconsolidation, (Gain) Loss, Amount	34,348	0
Depreciation and amortization	32,232	31,718
Equity earnings in affiliates, net	(58)	(488)
Deferred income taxes	(8,163)	(6,337)
Stock-based compensation	4,843	3,889
Pension expense	9,256	10,604
Pension contributions and payments	(21,577)	(47,705)
Other, net	(2,075)	(3,342)
Changes in operating assets and liabilities, net of effects from acquisitions:
Increase in accounts receivable	(22,393)	(13,682)
(Increase) decrease in inventories	(15,492)	1,540
(Increase) decrease in other current assets	(1,609)	30,632
Increase (decrease) in trade accounts payable	22,228	(31,217)
Increase in other current liabilities	9,616	13,203
Net change in other long-term assets and liabilities	(732)	2,031
NET CASH PROVIDED BY OPERATING ACTIVITIES	125,357	130,070
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(24,779)	(29,217)
Payments to Acquire Businesses, Net of Cash Acquired	(71,567)	0
Proceeds from sale of property, plant and equipment	679	1,421
Other Investing Activities	(283)	2,024
NET CASH USED BY INVESTING ACTIVITIES	(95,950)	(25,772)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from short-term borrowings	1,892	1,729
Payments on short-term borrowings	(1,522)	(6,968)
Amounts due banks, net	159,090	2,451
Proceeds from Issuance of Long-term Debt	261	152,500
Payments on long-term borrowings	(451)	(5,662)
Proceeds from exercise of stock options	5,715	4,036
Excess tax benefits from stock-based compensation	1,522	1,293
Purchase of shares for treasury	(202,933)	(158,468)
Cash dividends paid to shareholders	(44,647)	(44,248)
Other financing activities	(18,244)	(7,996)
NET CASH USED BY FINANCING ACTIVITIES	(99,317)	(61,333)
Effect of exchange rate changes on Cash and cash equivalents	2,746	(8,607)
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(67,164)	34,358
Cash and cash equivalents at beginning of period	304,183	278,379
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 237,019	$ 312,737