CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 395,735	$ 379,179
Accounts receivable (less allowance for doubtful accounts of $8,368 in 2017; $7,768 in 2016)	323,185	273,993
Inventories (Note 6)	289,635	255,406
Other current assets	199,277	135,135
Total Current Assets	1,207,832	1,043,713
Property, plant and equipment (less accumulated depreciation of $752,567 in 2017; $716,665 in 2016)	384,947	372,377
Goodwill	234,109	231,919
Other assets	294,785	295,428
TOTAL ASSETS	2,121,673	1,943,437
LIABILITIES AND EQUITY
Short-term debt (Note 10)	1,953	1,889
Trade accounts payable	194,758	176,757
Other current liabilities	218,932	209,461
Total Current Liabilities	415,643	388,107
Long-Term Liabilities
Long-term debt, less current portion (Note 10)	704,732	703,704
Other liabilities	149,522	139,420
Total Liabilities	1,269,897	1,231,231
Shareholders’ Equity
Common shares	9,858	9,858
Additional paid-in capital	326,464	309,417
Retained earnings	2,306,814	2,236,071
Accumulated other comprehensive loss	(272,523)	(329,037)
Treasury shares	(1,519,597)	(1,514,832)
Total Shareholders’ Equity	851,016	711,477
Non-controlling interests	760	729
Total Equity (Note 5)	851,776	712,206
TOTAL LIABILITIES AND EQUITY	$ 2,121,673	$ 1,943,437

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.