Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision for income taxes for the years ended December 31 consists of the following:



	2013			2012			2011
Current:
Federal	$	85,173		$	134,276		$	113,937
State	15,845			22,072			19,416
International	81,052			52,708			88,509
	182,070			209,056			221,862
Deferred:
Federal	22,973			9,690			25,729
State	2,438			2,572			3,328
International	(25,138		)	(17,676		)	(40,434		)
	273			(5,414		)	(11,377		)
	$	182,343		$	203,642		$	210,485

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The principal causes of the difference between the U.S. federal statutory tax rate of 35% and effective income tax rates for the years ended December 31 are as follows:



	2013			2012			2011
United States	$	326,990		$	441,526		$	405,508
International	255,229			268,833			404,293
Income before income taxes	$	582,219		$	710,359		$	809,801

Provision at statutory tax rate	$	203,777		$	248,626		$	283,430
State taxes, net of federal benefit	11,885			16,019			14,784
International effective tax rate differential	(22,059		)	(43,008		)	(48,785		)
Change in valuation allowance	(8,253		)	(6,266		)	(49,826		)
Other non-deductible expenses	2,840			2,764			4,744
Changes in tax accruals	(1,336		)	(10,613		)	12,437
Other	(4,511		)	(3,880		)	(6,299		)
Provision for income taxes	$	182,343		$	203,642		$	210,485

Reconciliation of Unrecognized Tax Benefits [Table Text Block]

A reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended December 31 is as follows:



	2013			2012			2011
Balance at beginning of year	$	46,980		$	63,498		$	66,110
Additions based on tax positions taken during a prior period	22,170			448			10,850
Reductions based on tax positions taken during a prior period	(3,684		)	(11,824		)	(2,389		)
Additions based on tax positions taken during the current period	7,593			8,014			7,602
Reductions related to settlement of tax matters	(24,450		)	(8,288		)	(12,879		)
Reductions related to a lapse of applicable statute of limitations	(2,622		)	(4,868		)	(5,796		)
Balance at end of year	$	45,987		$	46,980		$	63,498

Summary of Open Tax Years by Major Jurisdiction [Table Text Block]

In many cases the company's uncertain tax positions are related to tax years that remain subject to examination by tax authorities. The following describes the open tax years, by major tax jurisdiction, as of December 31, 2013:



United States - Federal		2010 - present
United States - States		2007 - present
Germany (a)		2010 - present
Hong Kong		2006 - present
Italy (a)		2008 - present
Sweden		2007 - present
United Kingdom		2011 - present

(a) Includes federal as well as local jurisdictions.

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The significant components of the company's deferred tax assets and liabilities, included primarily in "Other current assets," "Other assets," "Accrued expenses," and "Other liabilities" in the company's consolidated balance sheets, consist of the following at December 31:



	2013			2012
Deferred tax assets:
Net operating loss carryforwards	$	92,784		$	95,960
Inventory adjustments	43,009			45,201
Allowance for doubtful accounts	16,513			17,008
Accrued expenses	52,664			56,222
Interest carryforward	64,717			46,876
Stock-based compensation awards	11,507			14,266
Other comprehensive income items	6,206			15,055
Other	1,470			3,381
	288,870			293,969
Valuation allowance	(16,156		)	(24,409		)
Total deferred tax assets	$	272,714		$	269,560

Deferred tax liabilities:
Goodwill	$	(54,261	)	$	(31,107	)
Depreciation	(65,309		)	(61,896		)
Intangible assets	(66,919		)	(61,690		)
Total deferred tax liabilities	$	(186,489	)	$	(154,693	)
Total net deferred tax assets	$	86,225		$	114,867