XML 75 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 396,887 $ 926,321
Accounts receivable, net 4,482,117 4,102,870
Inventories 1,963,910 1,908,953
Other current assets 181,677 147,690
Total current assets 7,024,591 7,085,834
Property, plant and equipment, at cost:    
Land 23,790 24,213
Buildings and improvements 147,215 136,732
Machinery and equipment 934,558 863,773
Property, plant and equipment, gross 1,105,563 1,024,718
Less: Accumulated depreciation and amortization (549,334) (519,178)
Property, plant and equipment, net 556,229 505,540
Investments in affiliated companies 60,579 59,455
Intangible assets, net 392,763 310,847
Cost in excess of net assets of companies acquired 1,473,333 1,336,351
Other assets 321,584 302,511
Total assets 9,829,079 9,600,538
LIABILITIES AND EQUITY    
Accounts payable 3,264,088 3,644,988
Accrued expenses 660,996 637,045
Short-term borrowings, including current portion of long-term debt 33,843 61,210
Total current liabilities 3,958,927 4,343,243
Long-term debt 1,927,823 1,761,203
Other liabilities 267,069 244,897
Equity:    
Issued - 125,382 and 125,337 shares in 2011 and 2010, respectively 125,382 125,337
Capital in excess of par value 1,076,275 1,063,461
Treasury stock (13,568 and 10,690 shares in 2011 and 2010, respectively), at cost (434,959) (318,494)
Retained earnings 2,772,957 2,174,147
Foreign currency translation adjustment 158,550 207,914
Other (29,393) (1,170)
Total shareholders' equity 3,668,812 3,251,195
Noncontrolling interests 6,448 0
Total equity 3,675,260 3,251,195
Total liabilities and equity $ 9,829,079 $ 9,600,538