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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Consolidated net income $ 506,717 $ 599,316 $ 479,625
Adjustments to reconcile consolidated net income to net cash provided by operations:      
Depreciation and amortization 115,350 103,482 77,352
Amortization of stock-based compensation 34,546 39,225 34,613
Equity in earnings of affiliated companies (8,112) (6,736) (6,369)
Deferred income taxes (5,414) (11,377) 17,133
Restructuring, integration, and other charges 30,739 28,054 24,605
Non-cash impact of tax matters 0 0 (11,716)
Excess tax benefits from stock-based compensation arrangements (5,029) (7,956) (1,922)
Other (5,786) 4,309 3,302
Change in assets and liabilities, net of effects of acquired businesses:      
Accounts receivable (318,689) (193,492) (805,637)
Inventories (62,383) 105,150 (497,294)
Accounts payable 406,874 (465,603) 799,142
Accrued expenses 38,858 (74,236) 88,675
Other assets and liabilities (52,638) 747 19,263
Net cash provided by operating activities 675,033 120,883 220,772
Cash flows from investing activities:      
Cash consideration paid for acquired businesses (281,918) (532,568) (587,087)
Acquisition of property, plant and equipment (112,224) (113,941) (112,254)
Purchase of cost method investment (15,000) 0 0
Proceeds from sale of properties 0 0 16,971
Net cash used for investing activities (409,142) (646,509) (682,370)
Cash flows from financing activities:      
Change in short-term and other borrowings (9,812) (6,172) 9,775
Proceeds from (repayment of) long-term bank borrowings, net (5,400) 354,000 0
Repayment of bank term loan 0 (200,000) 0
Net proceeds from note offering 0 0 494,325
Repurchase/repayment of senior notes 0 (19,324) (69,545)
Proceeds from exercise of stock options 13,372 46,665 8,057
Excess tax benefits from stock-based compensation arrangements 5,029 7,956 1,922
Repurchases of common stock (260,870) (197,044) (173,650)
Net cash provided by (used for) financing activities (257,681) (13,919) 270,884
Effect of exchange rate changes on cash 4,587 10,111 (19,972)
Net increase (decrease) in cash and cash equivalents 12,797 (529,434) (210,686)
Cash and cash equivalents at beginning of year 396,887 926,321 1,137,007
Cash and cash equivalents at end of year $ 409,684 $ 396,887 $ 926,321