CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 141,037	$ 229,393
Non-controlling interests in subsidiaries’ income (loss)	37	(26)
Net income including non-controlling interests	141,074	229,367
Adjustments to reconcile Net income including non-controlling interests to Net cash provided by operating activities:
Rationalization and asset impairment net charges (Note 6)	21,927	1,069
Depreciation and amortization	60,566	60,400
Equity earnings in affiliates, net	(323)	(1,266)
Deferred income taxes	(10,143)	4,045
Stock-based compensation	11,656	12,602
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement (Gain) Loss, Net	0	(7,601)
Other, net	(4,283)	(7,362)
Changes in operating assets and liabilities, net of effects from acquisitions:
(Increase) decrease in accounts receivable	(6,851)	24,103
Increase in inventories	(3,430)	(36,476)
Decrease in other current assets	8,027	3,227
Decrease in trade accounts payable	(42,333)	(34,202)
Increase in other current liabilities	38,615	31,113
Net change in other assets and liabilities	1,059	1,647
NET CASH PROVIDED BY OPERATING ACTIVITIES	215,561	280,666
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(37,116)	(53,551)
Payments to Acquire Businesses, Net of Cash Acquired	0	(136,735)
Proceeds from sale of property, plant and equipment	6,957	9,491
Other Investing Activities	0	2,000
NET CASH USED BY INVESTING ACTIVITIES	(30,159)	(178,795)
CASH FLOWS FROM FINANCING ACTIVITIES
Payments on short-term borrowings	(3,504)	0
Amounts due banks, net	(29,619)	2,439
Payments on long-term borrowings	(12)	(6)
Proceeds from exercise of stock options	7,961	6,210
Purchase of shares for treasury (Note 8)	(113,198)	(221,942)
Cash dividends paid to shareholders	(88,945)	(89,162)
NET CASH USED BY FINANCING ACTIVITIES	(227,317)	(302,461)
Effect of Exchange Rate on Cash and Cash Equivalents	(5,169)	(1,647)
Cash and Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	(47,084)	(202,237)
Cash and Cash Equivalents, Beginning Balance	199,563	358,849
Cash and Cash Equivalents, Ending Balance	$ 152,479	$ 156,612