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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Cumulative Preferred Stock [Member]
Common Stock [Member]
Capital In Excess Of Par Value [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Treasury Stock [Member]
Total
Balance at beginning of year at Dec. 31, 2013   $ 194,920 $ 902,633 $ 8,058,792 $ 172,119 $ (732,734)  
Exercise of stock options, including income tax benefits   120 (11,422)        
Foreign currency translation gains (losses), net of income taxes         (271,491)   $ (271,491)
Purchase of treasury shares           (375,000)  
Net income (loss) for the year       905,611     905,611
Restricted stock transactions and other     (27,920)        
Cash dividends - $1.20 per share in 2016, $1.40 per share in 2015 and $1.325 per share in 2014       (236,371)      
Retirement and postretirement benefit plans, net of income taxes         (72,796)   (72,796)
Sale of stock under employee stock purchase plans           420  
Stock-based compensation     43,490        
Other     (40)        
Deferred loss on interest rate hedges, reclassified to interest expense, net of income taxes         1,913   1,913
Awarded restricted stock           21,190  
Balance at end of year at Dec. 31, 2014 195,040 906,741 8,728,032 (170,255) (1,086,124) 8,573,434
Exercise of stock options, including income tax benefits   16 (376)        
Foreign currency translation gains (losses), net of income taxes         (546,705)   (546,705)
Purchase of treasury shares           (250,000)  
Net income (loss) for the year       (2,270,833)     (2,270,833)
Restricted stock transactions and other     (38,415)        
Cash dividends - $1.20 per share in 2016, $1.40 per share in 2015 and $1.325 per share in 2014       (244,998)      
Retirement and postretirement benefit plans, net of income taxes         10,492   10,492
Sale of stock under employee stock purchase plans           491  
Stock-based compensation     42,322        
Other     (198)        
Deferred loss on interest rate hedges, reclassified to interest expense, net of income taxes         1,926   1,926
Awarded restricted stock           29,572  
Balance at end of year at Dec. 31, 2015 195,056 910,074 6,212,201 (704,542) (1,306,061) 5,306,728 [1]
Exercise of stock options, including income tax benefits     (12,017)        
Foreign currency translation gains (losses), net of income taxes         66,449   66,449
Net income (loss) for the year       (275,970)     (275,970)
Restricted stock transactions and other     (10,078)        
Cash dividends - $1.20 per share in 2016, $1.40 per share in 2015 and $1.325 per share in 2014       (206,635)      
Retirement and postretirement benefit plans, net of income taxes         7,955   7,955
Sale of stock under employee stock purchase plans           509  
Stock-based compensation     29,119        
Other     (299)        
Deferred loss on interest rate hedges, reclassified to interest expense, net of income taxes         1,926   1,926
Awarded restricted stock           8,992  
Balance at end of year at Dec. 31, 2016 $ 195,056 $ 916,799 $ 5,729,596 $ (628,212) $ (1,296,560) $ 4,916,679
[1] Reclassified to conform to current presentation. See Note B for additional information.