CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 223,322	$ 145,004
Non-controlling interests in subsidiaries’ loss	(32)	(32)
Net income including non-controlling interests	223,290	144,972
Adjustments to reconcile Net income including non-controlling interests to Net cash provided by operating activities:
Loss on deconsolidation of Venezuelan subsidiary (Note 1)	0	34,348
Bargain purchase gain (Note 3)	51,585	0
Depreciation and amortization	50,457	48,495
Equity earnings in affiliates, net	(216)	(64)
Deferred income taxes	3,129	(12,813)
Stock-based compensation	9,966	7,516
Pension expense and settlement charges (Note 11)	816	12,472
Pension contributions and payments	(2,724)	(22,159)
Other, net	2,394	(1,840)
Changes in operating assets and liabilities, net of effects from acquisitions:
Increase in accounts receivable	(24,300)	(11,956)
Increase in inventories	(22,526)	(7,673)
Decrease in other current assets	515	2,481
(Decrease) increase in trade accounts payable	(8,932)	13,922
Increase in other current liabilities	61,332	31,357
Net change in other assets and liabilities	3,738	1,122
NET CASH PROVIDED BY OPERATING ACTIVITIES	245,354	240,180
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(38,959)	(39,377)
Payments to Acquire Businesses, Net of Cash Acquired	(72,468)	(71,567)
Proceeds from sale of property, plant and equipment	1,994	936
Purchase of marketable securities	(145,553)	0
Proceeds from marketable securities	5,190	0
Other Investing Activities	0	(283)
NET CASH USED BY INVESTING ACTIVITIES	(249,796)	(110,291)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from short-term borrowings	0	1,892
Payments on short-term borrowings	0	(1,822)
Amounts due banks, net	(602)	183,395
Proceeds from Issuance of Long-term Debt	34	261
Payments on long-term borrowings	(37)	(467)
Proceeds from exercise of stock options	14,333	10,418
Purchase of shares for treasury (Note 5)	(23,012)	(288,594)
Cash dividends paid to shareholders	(69,083)	(66,180)
Other financing activities	(15,561)	(18,244)
NET CASH USED BY FINANCING ACTIVITIES	(93,928)	(179,341)
Effect of exchange rate changes on Cash and cash equivalents	18,644	2,197
DECREASE IN CASH AND CASH EQUIVALENTS	(79,726)	(47,255)
Cash and cash equivalents at beginning of period	379,179	304,183
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 299,453	$ 256,928