10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 10-Q

x   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2014

OR

o    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to _______________

Commission File Number 0-16211

DENTSPLY International Inc.

(Exact name of registrant as specified in its charter)

Delaware	39-1434669
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)

221 West Philadelphia Street, York, PA	17405-0872
(Address of principal executive offices)	(Zip Code)

(717) 845-7511

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes   x No   o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes   x No   o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definition of “large accelerated filer” and “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer  x Accelerated filer  o Non-accelerated filer  o Smaller reporting company  o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).   

Yes   o No   x

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:  At April 29, 2014, DENTSPLY International Inc. had 141,792,228 shares of Common Stock outstanding, with a par value of $.01 per share.

DENTSPLY International Inc.

TABLE OF CONTENTS

		Page
PART I	FINANCIAL INFORMATION
Item 1	Financial Statements (unaudited)	3
	Consolidated Statements of Operations	3
	Consolidated Statements of Comprehensive Income	4
	Consolidated Balance Sheets	5
	Consolidated Statements of Cash Flows	6
	Consolidated Statements of Changes in Equity	7
	Notes to Unaudited Interim Consolidated Financial Statements	8
Item 2	Management’s Discussion and Analysis of Financial Condition and Results of Operations	31
Item 3	Quantitative and Qualitative Disclosures About Market Risk	40
Item 4	Controls and Procedures	40
PART II	OTHER INFORMATION
Item 1	Legal Proceedings	41
Item 1A	Risk Factors	41
Item 2	Unregistered Sales of Securities and Use of Proceeds	41
Item 6	Exhibits	42
	Signatures	42

2

PART I – FINANCIAL INFORMATION

Item 1 – Financial Statements

DENTSPLY INTERNATIONAL INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

(unaudited)

	Three Months Ended March 31,
	2014			2013
Net sales	$	730,114		$	732,084
Cost of products sold	335,909			343,884
Gross profit	394,205			388,200
Selling, general and administrative expenses	287,842			293,677
Restructuring and other costs	793			665
Operating income	105,570			93,858
Other income and expenses:
Interest expense	10,955			15,221
Interest income	(1,435		)	(2,175		)
Other expense (income), net	388			2,918
Income before income taxes	95,662			77,894
Provision for income taxes	22,452			3,542
Equity in net loss of unconsolidated affiliated company	(290		)	(1,779		)
Net income	72,920			72,573
Less: Net income attributable to noncontrolling interests	42			888
Net income attributable to DENTSPLY International	$	72,878		$	71,685
Earnings per common share:
Basic	$	0.51		$	0.50
Diluted	$	0.50		$	0.49
Weighted average common shares outstanding:
Basic	142,053			142,775
Diluted	144,453			145,099

See accompanying Notes to Unaudited Interim Consolidated Financial Statements.

3

DENTSPLY INTERNATIONAL INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(In thousands)

(unaudited)

	Three Months Ended March 31,
	2014			2013
Net income	$	72,920		$	72,573
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(1,035		)	(94,142		)
Net gain on derivative financial instruments	1,757			28,118
Net unrealized holding (loss) gain on available-for-sale securities	(2,041		)	7,640
Pension liability adjustments	318			2,776
Total other comprehensive income (loss), net of tax	(1,001		)	(55,608		)
Total comprehensive income	71,919			16,965
Less: Comprehensive income attributable
to noncontrolling interests	114			181
Comprehensive income attributable to
DENTSPLY International	$	71,805		$	16,784

See accompanying Notes to Unaudited Interim Consolidated Financial Statements.

4

DENTSPLY INTERNATIONAL INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(In thousands, except per share amounts)

(unaudited)

	March 31, 2014			December 31, 2013
Assets
Current Assets:
Cash and cash equivalents	$	55,823		$	74,954
Accounts and notes receivables-trade, net	496,221			472,802
Inventories, net	455,074			438,559
Prepaid expenses and other current assets	195,205			157,487
Total Current Assets	1,202,323			1,143,802
Property, plant and equipment, net	642,318			637,172
Identifiable intangible assets, net	785,997			795,323
Goodwill, net	2,286,715			2,281,596
Other noncurrent assets, net	172,080			220,154
Total Assets	$	5,089,433		$	5,078,047
Liabilities and Equity
Current Liabilities:
Accounts payable	$	141,591		$	132,789
Accrued liabilities	398,881			339,308
Income taxes payable	23,829			14,446
Notes payable and current portion of long-term debt	403,145			309,862
Total Current Liabilities	967,446			796,405
Long-term debt	1,065,463			1,166,178
Deferred income taxes	236,269			238,394
Other noncurrent liabilities	295,657			299,096
Total Liabilities	2,564,835			2,500,073
Commitments and contingencies
Equity:
Preferred stock, $.01 par value; .25 million shares authorized; no shares issued	—			—
Common stock, $.01 par value; 200.0 million shares authorized; 162.8 million shares issued at March 31, 2014 and December 31, 2013.	1,628			1,628
Capital in excess of par value	211,467			255,272
Retained earnings	3,159,123			3,095,721
Accumulated other comprehensive loss	(75,665		)	(69,062		)
Treasury stock, at cost, 21.0 million and 20.5 million shares at March 31, 2014 and December 31, 2013, respectively.	(773,520		)	(748,506		)
Total DENTSPLY International Equity	2,523,033			2,535,053
Noncontrolling interests	1,565			42,921
Total Equity	2,524,598			2,577,974
Total Liabilities and Equity	$	5,089,433		$	5,078,047

See accompanying Notes to Unaudited Interim Consolidated Financial Statements.

5

DENTSPLY INTERNATIONAL INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(unaudited)

	Three Months Ended March 31,
	2014			2013
Cash flows from operating activities:
Net income	$	72,920		$	72,573
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	21,370			20,416
Amortization	12,569			11,935
Amortization of deferred financing costs	1,142			1,296
Deferred income taxes	(11,505		)	(11,793		)
Share-based compensation expense	5,786			5,434
Stock option income tax benefit	(69		)	(603		)
Equity loss from unconsolidated affiliates	290			1,779
Other non-cash (income) expense	(3,405		)	20,016
Changes in operating assets and liabilities, net of acquisitions:
Accounts and notes receivable-trade, net	(22,920		)	(37,637		)
Inventories, net	(15,180		)	(22,080		)
Prepaid expenses and other current assets	(5,751		)	10,638
Other noncurrent assets, net	1,465			2,232
Accounts payable	8,047			(10,928		)
Accrued liabilities	(21,901		)	(8,558		)
Income taxes	23,423			(21,196		)
Other noncurrent liabilities	(1,716		)	2,562
Net cash provided by operating activities	64,565			36,086
Cash flows from investing activities:
Capital expenditures	(25,322		)	(24,032		)
Cash paid for acquisitions of businesses, net of cash acquired	—			(3,939		)
Cash received on derivatives	864			—
Cash paid on derivatives	(2,103		)	(45,765		)
Expenditures for identifiable intangible assets	(1,305		)	(205		)
Purchase of short-term investments	(1,144		)	—
Proceeds from sale of property, plant and equipment, net	168			1,218
Net cash used in investing activities	(28,842		)	(72,723		)
Cash flows from financing activities:
Net change in short-term borrowings	64,886			16,133
Cash paid for treasury stock	(40,395		)	—
Cash dividends paid	(8,979		)	(7,909		)
Cash paid for acquisition of noncontrolling interests of consolidated subsidiary	(33		)	(8,960		)
Repayments of long-term borrowings	(75,174		)	—
Proceeds from exercise of stock options	4,149			13,578
Excess tax benefits from share-based compensation	69			603
Cash received on derivative contracts	—			464
Cash paid on derivative contracts	—			(306		)
Net cash (used in) provided by financing activities	(55,477		)	13,603
Effect of exchange rate changes on cash and cash equivalents	623			(895		)
Net decrease in cash and cash equivalents	(19,131		)	(23,929		)
Cash and cash equivalents at beginning of period	74,954			80,132
Cash and cash equivalents at end of period	$	55,823		$	56,203

See accompanying Notes to Unaudited Interim Consolidated Financial Statements.

6

DENTSPLY INTERNATIONAL INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

(In thousands)

(unaudited)

	Common Stock		Capital in Excess of Par Value			Retained Earnings			Accumulated Other Comprehensive Loss			Treasury Stock			Total DENTSPLY International Equity			Noncontrolling Interests			Total Equity
Balance at December 31, 2012	$	1,628	$	246,548		$	2,818,461		$	(144,200	)	$	(713,739	)	$	2,208,698		$	40,745		$	2,249,443
Net income	—		—			71,685			—			—			71,685			888			72,573
Other comprehensive expense	—		—			—			(54,901		)	—			(54,901		)	(707		)	(55,608		)
Acquisition of noncontrolling interest	—		(3,926		)	—			—			—			(3,926		)	(5,034		)	(8,960		)
Exercise of stock options	—		(2,444		)	—			—			16,022			13,578			—			13,578
Tax benefit from stock options exercised	—		603			—			—			—			603			—			603
Share based compensation expense	—		5,434			—			—			—			5,434			—			5,434
Funding of Employee Stock Ownership Plan	—		959			—			—			3,698			4,657			—			4,657
RSU distributions	—		(8,305		)	—			—			4,923			(3,382		)	—			(3,382		)
RSU dividends	—		76			(76		)	—			—			—			—			—
Cash dividends ($0.06250 per share)	—		—			(8,944		)	—			—			(8,944		)	—			(8,944		)
Balance at March 31, 2013	$	1,628	$	238,945		$	2,881,126		$	(199,101	)	$	(689,096	)	$	2,233,502		$	35,892		$	2,269,394

	Common Stock		Capital in Excess of Par Value			Retained Earnings			Accumulated Other Comprehensive Loss			Treasury Stock			Total DENTSPLY International Equity			Noncontrolling Interests			Total Equity
Balance at December 31, 2013	$	1,628	$	255,272		$	3,095,721		$	(69,062	)	$	(748,506	)	$	2,535,053		$	42,921		$	2,577,974
Net income	—		—			72,878			—			—			72,878			42			72,920
Other comprehensive expense	—		—			—			(1,073		)	—			(1,073		)	72			(1,001		)
Acquisition of noncontrolling interest	—		(40,283		)	—			(5,530		)	—			(45,813		)	(41,470		)	(87,283		)
Exercise of stock options	—		(533		)	—			—			4,682			4,149			—			4,149
Tax benefit from stock options exercised	—		69			—			—			—			69			—			69
Share based compensation expense	—		5,786			—			—			—			5,786			—			5,786
Funding of Employee Stock Ownership Plan	—		1,535			—			—			4,418			5,953			—			5,953
Treasury shares purchased	—		—			—			—			(40,395		)	(40,395		)	—			(40,395		)
RSU distributions	—		(10,461		)	—			—			6,281			(4,180		)	—			(4,180		)
RSU dividends	—		82			(82		)	—			—			—			—			—
Cash dividends ($0.06625 per share)	—		—			(9,394		)	—			—			(9,394		)	—			(9,394		)
Balance at March 31, 2014	$	1,628	$	211,467		$	3,159,123		$	(75,665	)	$	(773,520	)	$	2,523,033		$	1,565		$	2,524,598

See accompanying Notes to Unaudited Interim Consolidated Financial Statements.

7

DENTSPLY International Inc. and Subsidiaries

NOTES TO UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The accompanying unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and the rules of the United States Securities and Exchange Commission (“SEC”).  The year-end consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by US GAAP. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair statement of the results for interim periods have been included. Results for interim periods should not be considered indicative of results for a full year. These financial statements and related notes contain the accounts of DENTSPLY International Inc. and Subsidiaries (“DENTSPLY” or the “Company”) on a consolidated basis and should be read in conjunction with the consolidated financial statements and notes included in the Company’s most recent Form 10-K for the year ended December 31, 2013.

NOTE 1 – SIGNIFICANT ACCOUNTING POLICIES

The accounting policies of the Company, as applied in the interim consolidated financial statements presented herein are substantially the same as presented in the Company’s Form 10-K for the year ended December 31, 2013, except as may be indicated below:

Accounts and Notes Receivable

The Company sells dental and certain healthcare products through a worldwide network of distributors and directly to end users.  For customers on credit terms, the Company performs ongoing credit evaluations of those customers’ financial condition and generally does not require collateral from them.  The Company establishes allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments based on historical averages of aged receivable balances and the Company’s experience in collecting those balances, customer specific circumstances, as well as changes in the economic and political environments.  The Company records a provision for doubtful accounts, which is included in “Selling, general and administrative expenses” on the Consolidated Statements of Operations.

Accounts and notes receivables – trade, net are stated net of allowances for doubtful accounts and trade discounts, which were $12.4 millionat March 31, 2014 and $14.7 million at December 31, 2013.

Marketable Securities

The Company’s marketable securities consist of corporate convertible bonds that are classified as available-for-sale in “Other noncurrent assets, net” on the Consolidated Balance Sheets as the instruments mature in December 2015. The Company determined the appropriate classification at the time of purchase and will re-evaluate such designation as of each balance sheet date. In addition, the Company reviews the securities each quarter for indications of possible impairment. If an impairment is identified, the determination of whether the impairment is temporary or other-than-temporary requires significant judgment. The primary factors that the Company considers in making this judgment include the extent and time the fair value of each investment has been below cost and the existence of a credit loss. If a decline in fair value is judged other-than-temporary, the basis of the securities is written down to fair value and the amount of the write-down is included as a realized loss in the Consolidated Statement of Operations. Changes in fair value are reported in accumulated other comprehensive income (“AOCI”).

 The convertible element of the bonds has not been bifurcated from the underlying bonds as the element does not contain a net-settlement feature, nor would the Company be able to achieve a hypothetical net-settlement that would substantially place the Company in a comparable cash settlement position.  As such, the derivative is not accounted for separately from the bond.  The cash paid by the Company was equal to the face value of the bonds issued, and therefore, the Company has not recorded any bond premium or discount on acquiring the bonds.  The fair value of the bonds was $67.2 million and $70.0 million at March 31, 2014 and December 31, 2013, respectively.  At March 31, 2014 and December 31, 2013, an unrealized holding gain of $10.7 million and $12.7 million, respectively, on available-for-sale securities, net of tax, has been recorded in AOCI. 

Revisions in Classification

Certain revisions in classification have been made to prior year’s data in order to conform to current year presentation.

8

New Accounting Pronouncements

In March 2013, the FASB issued ASU No. 2013-05, “Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity.” This newly issued accounting standard requires a cumulative translation adjustment (“CTA”)attached to the parent’s investment in a foreign entity should be released in a manner consistent with the derecognition guidance on investment entities. Thus the entire amount of CTA associated with the foreign entity would be released when there has been a sale of a subsidiary or group of net assets within a foreign entity and the sale represents a complete liquidation of the investment in the foreign entity, a loss of a controlling financial interest in an investment in a foreign entity, or step acquisition for a foreign entity. The Company adopted this accounting standard for the quarter ended March 31, 2014. The adoption of this standard did not materially impact the Company’s financial position or results of operations.

In July 2013, the FASB issued ASU No. 2013-11, “Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit when a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” The newly issued accounting standard requires the netting of unrecognized tax benefits against a deferred tax asset for a loss or other carryforward that would apply in settlement of the uncertain tax positions. Under the new standard, unrecognized tax benefits will be netted against all available same-jurisdiction losses or other tax carryforwards that would be utilized, rather than only against carryforwards that are created by the unrecognized tax benefit. The Company adopted this accounting standard for the quarter ended March 31, 2014. The adoption of this standard did not materially impact the Company’s financial position or results of operations.

NOTE 2 – STOCK COMPENSATION

The following table represents total stock based compensation expense for non-qualified stock options, restricted stock units (“RSU”) and the tax related benefit for the three months ended March 31, 2014 and 2013:

	Three Months Ended
(in thousands)	2014		2013
Stock option expense	$	1,674	$	2,128
RSU expense	3,719		2,933
Total stock based compensation expense	$	5,393	$	5,061
Total related tax benefit	$	1,564	$	1,287

At March 31, 2014, the remaining unamortized compensation cost related to non-qualified stock options is $15.6 million, which will be expensed over the weighted average remaining vesting period of the options, or approximately 2.0 years. At March 31, 2014, the unamortized compensation cost related to RSU is $31.1 million, which will be expensed over the weighted average remaining restricted period of the RSU, or approximately 1.8 years.

The following table reflects the non-qualified stock option transactions from December 31, 2013 through March 31, 2014:

	Outstanding						Exercisable
(in thousands, except per share data)	Shares		Weighted Average Exercise Price		Aggregate Intrinsic Value		Shares	Weighted Average Exercise Price		Aggregate Intrinsic Value
Balance at December 31, 2013	8,295		$	35.04	$	111,450	6,225	$	33.67	$	92,200
Granted	851		45.11
Exercised	(125	)	33.10
Cancelled	(4	)	45.15
Forfeited	(7	)	38.72
Balance at March 31, 2014	9,010		$	36.02	$	90,324	7,092	$	34.35	$	82,916

At March 31, 2014, the weighted average remaining contractual term of all outstanding options is approximately 5.8 years and the weighted average remaining contractual term of exercisable options is approximately 4.9 years.

9

The following table summarizes the unvested RSU transactions from December 31, 2013 through March 31, 2014:

(in thousands, except per share data)	Shares		Weighted Average Grant Date Fair Value
Balance at December 31, 2013	1,131		$	38.81
Granted	427		45.11
Vested	(261	)	36.61
Forfeited	(84	)	40.78
Balance at March 31, 2014	1,213		$	41.36

NOTE 3 – COMPREHENSIVE INCOME

 During the quarter ended March 31, 2014, foreign currency translation adjustments included currency translation gains of $0.8 million and losses on the Company’s loans designated as hedges of net investments of $1.9 million.  During the quarter ended March 31, 2013, foreign currency translation adjustments included currency translation losses of $101.9 million and gains of $8.5 million on the Company’s loans designated as hedges of net investments.  

The cumulative foreign currency translation adjustments included translation gains of $245.2 million and $249.9 million at March 31, 2014 and December 31, 2013, respectively, were offset by losses of $110.8 million and $108.9 million, respectively, on loans designated as hedges of net investments.  These foreign currency translation adjustments were partially offset by movements on derivatives financial instruments, which are discussed in Note 10, Financial Instruments and Derivatives.

Changes in AOCI, net of tax, by component for the three months ended March 31, 2014 and 2013:

(in thousands)	Foreign Currency Translation Adjustments			Gain and (Loss) on Derivative Financial Instruments Designated as Cash Flow Hedges			Gain and (Loss) on Derivative Financial Instruments Designated as Net Investment Hedges			Net Unrealized Holding Gain (Loss) on Available-for-Sale Securities			Pension Liability Adjustments			Total
Balance at December 31, 2013	$	140,992		$	(21,753	)	$	(151,114	)	$	12,729		$	(49,916	)	$	(69,062	)
Other comprehensive income (loss) before reclassifications	(1,107		)	642			(976		)	(2,041		)	(154		)	(3,636		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			2,091			—			—			472			2,563
Net increase (decrease) in other comprehensive income	(1,107		)	2,733			(976		)	(2,041		)	318			(1,073		)
Foreign currency translation related to acquisition of noncontrolling interests	(5,530		)	—			—			—			—			(5,530		)
Balance at March 31, 2014	$	134,355		$	(19,020	)	$	(152,090	)	$	10,688		$	(49,598	)	$	(75,665	)

10

(in thousands)	Foreign Currency Translation Adjustments			Gain and (Loss) on Derivative Financial Instruments Designated as Cash Flow Hedges			Gain and (Loss) on Derivative Financial Instruments Designated as Net Investment Hedges			Net Unrealized Holding Gain (Loss)on Available-for-Sale Securities		Pension Liability Adjustments			Total
Balance at December 31, 2012	$	54,302		$	(17,481	)	$	(125,661	)	$	17,822	$	(73,182	)	$	(144,200	)
Other comprehensive income (loss) before reclassifications	(93,435		)	3,507			24,489			7,640		1,835			(55,964		)
Amounts reclassified from accumulated other comprehensive (loss) income	—			122			—			—		941			1,063
Net (decrease) increase in other comprehensive income	(93,435		)	3,629			24,489			7,640		2,776			(54,901		)
Balance at March 31, 2013	$	(39,133	)	$	(13,852	)	$	(101,172	)	$	25,462	$	(70,406	)	$	(199,101	)

Reclassification out of accumulated other comprehensive income (expense) to the Consolidated Statements of Operations for the three months ended March 31, 2014 and 2013:

(in thousands)
Details about AOCI Components	Amounts Reclassified from AOCI						Affected Line Item in the Statements of Operations
	Three Months Ended March 31,
	2014			2013
Gains and (losses) on derivative financial instruments:
Interest rate swaps	$	(926	)	$	(913	)	Interest expense
Foreign exchange forward contracts	(1,646		)	499			Cost of products sold
Foreign exchange forward contracts	(99		)	(30		)	SG&A expenses
Commodity contracts	(246		)	157			Cost of products sold
	(2,917		)	(287		)	Net (loss) gain before tax
	826			165			Tax benefit (expense)
	$	(2,091	)	$	(122	)	Net of tax
Amortization of defined benefit pension and other postemployment benefit items:
Amortization of prior service benefits	$	34		$	34		(a)
Amortization of net actuarial losses	(719		)	(1,368		)	(a)
	(685		)	(1,334		)	Net loss before tax
	213			393			Tax benefit
	$	(472	)	$	(941	)	Net of tax
Total reclassifications for the period	$	(2,563	)	$	(1,063	)

(a) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for the three months ended March 31, 2014 and 2013 (see Note 8, Benefit Plans, for additional details).

11

NOTE 4 – EARNINGS PER COMMON SHARE

The dilutive effect of outstanding non-qualified stock options and RSU is reflected in diluted earnings per share by application of the treasury stock method. The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2014 and 2013:

Basic Earnings Per Common Share Computation	Three Months Ended
(in thousands, except per share amounts)	2014		2013
Net income attributable to DENTSPLY International	$	72,878	$	71,685
Weighted average common shares outstanding	142,053		142,775
Earnings per common share - basic	$	0.51	$	0.50
Diluted Earnings Per Common Share Computation
(in thousands, except per share amounts)
Net income attributable to DENTSPLY International	$	72,878	$	71,685
Weighted average common shares outstanding	142,053		142,775
Incremental weighted average shares from assumed exercise of dilutive options from stock-based compensation awards	2,400		2,324
Total weighted average diluted shares outstanding	144,453		145,099
Earnings per common share - diluted	$	0.50	$	0.49

Options to purchase 1.5 million and 3.5 million shares of common stock that were outstanding during the three months ended March 31, 2014 and 2013, respectively, were not included in the computation of diluted earnings per common share since the options’ exercise price were greater than the average market price of the common shares and, therefore, the effect would be antidilutive.

NOTE 5 – BUSINESS ACQUISITIONS

During the three months ended March 31, 2014, the Company recorded a liability for the purchase of the remaining shares of one variable interest entity. The amount is preliminary and is based on the Company’s best estimate of this obligation, which is subject to contractual adjustments. As a result, the Company recorded a reduction to additional paid in capital for the excess of the purchase price above the carrying value of the noncontrolling interest. The Company expects to finalize the transaction in 2014.

NOTE 6 – SEGMENT INFORMATION

The Company has numerous operating businesses covering a wide range of dental and certain healthcare products and geographic regions, primarily serving the professional dental market. Professional dental products represented approximately 88% and 89% of sales for the three months ended March 31, 2014 and 2013, respectively.

The operating businesses are combined into operating groups, which generally have overlapping product offerings, geographical presence, customer bases, distribution channels, and regulatory oversight. These operating groups are considered the Company’s reportable segments as the Company’s chief operating decision-maker regularly reviews financial results at the operating group level and uses this information to manage the Company’s operations. The accounting policies of the segments are consistent with those described in the Company’s most recently filed Form 10-K in the summary of significant accounting policies. The Company’s segments are measured on net third party sales, excluding precious metal content and segment income for reporting purposes. Net sales excluding precious metal content are the Company’s net sales excluding the precious metal cost within the products sold, and are considered a non-US GAAP measure. The Company’s exclusion of precious metal content in the measurement of net third party sales enhances comparability of performance between periods as it excludes the fluctuating

12

market prices of the precious metal content. The Company defines segment income for reporting purposes as net operating income before restructuring and other costs, interest expense, interest income, other expense (income), net and provision for income taxes. Generally, the Company evaluates performance of the segments based on the groups’ segment income and net third party sales, excluding precious metal content. A description of the products and services provided within each of the Company’s three reportable segments is provided below.

Significant interdependencies exist among the Company’s operations in certain geographic areas. Inter-segment sales are at prices intended to provide a reasonable profit to the manufacturing unit after recovery of all manufacturing costs and to provide a reasonable profit for purchasing locations after coverage of marketing and general and administrative costs.

During the three months ended March 31, 2014, the Company realigned reporting responsibilities for multiple locations as a result of changes to the management structure. The segment information below reflects the revised structure for all periods shown.

Dental Consumable Businesses

This segment includes responsibility for the design, manufacturing, sales and distribution of certain small equipment and chairside consumable products in the United States, Germany and certain other European regions.  It also has responsibility for the sales and distribution of certain endodontic products in Germany and certain other European regions as well as chairside consumable, endodontic and dental laboratory products in Australia.

Dental Specialty and Laboratory Businesses

This segment includes responsibility for the design, manufacture, sales and distribution of most of the Company’s dental specialty products, including endodontic, orthodontic and implant products, in most regions of the world. In addition, this segment is responsible for the design, manufacture, sales and distribution of most of the Company’s dental laboratory products. This segment is also responsible for the sales and distribution of most of the Company’s other dental products within certain European regions as well as Japan, Canada and Mexico, and the design, manufacture, worldwide distribution and sales of certain non-dental products, excluding urological and surgery-related products.

Healthcare and Emerging Markets Businesses

This segment is responsible for the worldwide design, manufacturing, sales and distribution of the Company’s healthcare products, primarily urological and surgery-related products, throughout most of the world. This segment also includes the responsibility for the sales and distribution of most of the Company’s dental products sold in Eastern Europe, Middle East, South America, Latin America, Asia (excluding Japan) and Africa.

The following tables set forth information about the Company’s segments for the three months ended March 31, 2014 and 2013:

Third Party Net Sales

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	173,976		$	163,707
Dental Specialty and Laboratory Businesses	432,407			447,977
Healthcare and Emerging Markets Businesses	124,946			121,739
All Other (a)	(1,215		)	(1,339		)
Total net sales	$	730,114		$	732,084

(a) Includes amounts recorded at Corporate headquarters.

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Third Party Net Sales, Excluding Precious Metal Content

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	173,914		$	163,609
Dental Specialty and Laboratory Businesses	391,681			388,916
Healthcare and Emerging Markets Businesses	124,802			121,463
All Other (b)	(1,215		)	(1,339		)
Total net sales, excluding precious metal content	689,182			672,649
Precious metal content of sales	40,932			59,435
Total net sales, including precious metal content	$	730,114		$	732,084

(b) Includes amounts recorded at Corporate headquarters.

Inter-segment Net Sales

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	28,601		$	30,230
Dental Specialty and Laboratory Businesses	50,231			42,965
Healthcare and Emerging Markets Businesses	3,306			3,114
All Other (c)	60,785			57,427
Eliminations	(142,923		)	(133,736		)
Total	$	—		$	—

(c) Includes amounts recorded at Corporate headquarters and one distribution warehouse not managed by named segments.

Segment Operating Income (Loss)

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	58,509		$	54,315
Dental Specialty and Laboratory Businesses	73,913			69,678
Healthcare and Emerging Markets Businesses	4,724			1,466
All Other (d)	(30,783		)	(30,936		)
Segment operating income	106,363			94,523
Reconciling Items:
Restructuring and other costs	793			665
Interest expense	10,955			15,221
Interest income	(1,435		)	(2,175		)
Other expense (income), net	388			2,918
Income before income taxes	$	95,662		$	77,894

(d) Includes the results of Corporate headquarters, inter-segment eliminations and one distribution warehouse not managed by named segments.

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Assets

(in thousands)	March 31, 2014		December 31, 2013
Dental Consumable Businesses	$	699,477	$	699,386
Dental Specialty and Laboratory Businesses	3,380,841		3,404,604
Healthcare and Emerging Markets Businesses	932,147		869,907
All Other (e)	76,968		104,150
Total	$	5,089,433	$	5,078,047

(e) Includes the assets of Corporate headquarters, inter-segment eliminations and one distribution warehouse not managed by named segments.

NOTE 7 – INVENTORIES

Inventories are stated at the lower of cost or market.  At March 31, 2014 and December 31, 2013, the cost of $7.4 million and $6.5 million, respectively, was determined by the last-in, first-out (“LIFO”) method. The cost of other inventories was determined by the first-in, first-out (“FIFO”) or average cost methods. If the FIFO method had been used to determine the cost of LIFO inventories, the amounts at which net inventories are stated would be higher than reported at March 31, 2014 and December 31, 2013 by $6.2 million and $5.9 million, respectively.

The Company establishes reserves for inventory estimated to be obsolete or unmarketable. Assumptions about future demand and market conditions are considered when estimating these reserves. The inventory valuation reserves were $37.6 million and $34.2 million at March 31, 2014 and December 31, 2013, respectively.

Inventories, net of inventory valuation reserves, consist of the following:

(in thousands)	March 31, 2014		December 31, 2013
Finished goods	$	286,141	$	285,271
Work-in-process	72,874		67,718
Raw materials and supplies	96,059		85,570
Inventories, net	$	455,074	$	438,559

NOTE 8 – BENEFIT PLANS

The following sets forth the components of net periodic benefit cost of the Company’s defined benefit plans and for the Company’s other postemployment benefit plans for the three months ended March 31, 2014 and 2013:

Defined Benefit Plans	Three Months Ended
(in thousands)	2014			2013
Service cost	$	3,552		$	3,723
Interest cost	2,866			2,477
Expected return on plan assets	(1,387		)	(1,247		)
Amortization of prior service credit	(34		)	(34		)
Amortization of net actuarial loss	707			1,280
Curtailments and settlement gains	—			(390		)
Net periodic benefit cost	$	5,704		$	5,809

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Other Postemployment Benefit Plans	Three Months Ended
(in thousands)	2014		2013
Service cost	$	44	$	61
Interest cost	140		122
Amortization of net actuarial loss	12		88
Net periodic benefit cost	$	196	$	271

The following sets forth the information related to the contributions to the Company’s benefit plans for 2014:

(in thousands)	Pension Benefits		Other Postemployment Benefits
Actual contributions through March 31, 2014	$	3,671	$	75
Projected contributions for the remainder of the year	8,940		427
Total projected contributions	$	12,611	$	502

NOTE 9 – RESTRUCTURING AND OTHER COSTS

Restructuring Costs

During the three months ended March 31, 2014 and 2013, the Company recorded net restructuring costs of $0.8 million and $0.7 million, respectively. These costs are recorded in “Restructuring and other costs” in the Consolidated Statements of Operations and the associated liabilities are recorded in “Accrued liabilities” in the Consolidated Balance Sheets.

At March 31, 2014, the Company’s restructuring accruals were as follows:

	Severance
(in thousands)	2012 and Prior Plans			2013 Plans			2014 Plans			Total
Balance at December 31, 2013	$	1,282		$	5,764		$	—		$	7,046
Provisions	44			3			1,505			1,552
Amounts applied	(564		)	(2,154		)	(2		)	(2,720		)
Change in estimates	—			(700		)	—			(700		)
Balance at March 31, 2014	$	762		$	2,913		$	1,503		$	5,178

	Lease/Contract Terminations
(in thousands)	2012 and Prior Plans			2013 Plans			2014 Plans		Total
Balance at December 31, 2013	$	748		$	98		$	—	$	846
Provisions	11			58			33		102
Amounts applied	(45		)	(163		)	—		(208		)
Change in estimate	(14		)	109			—		95
Balance at March 31, 2014	$	700		$	102		$	33	$	835

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	Other Restructuring Costs
(in thousands)	2012 and Prior Plans			2013 Plans			2014 Plans		Total
Balance at December 31, 2013	$	58		$	658		$	—	$	716
Provisions	—			15			2		17
Amounts applied	(43		)	(124		)	—		(167		)
Change in estimate	1			(53		)	—		(52		)
Balance at March 31, 2014	$	16		$	496		$	2	$	514

The following table provides the year-to-date changes in the restructuring accruals by segment:

(in thousands)	December 31, 2013		Provisions		Amounts Applied			Change in Estimates			March 31, 2014
Dental Consumable Businesses	$	656	$	940	$	(36	)	$	—		$	1,560
Dental Specialty and Laboratory Businesses	6,333		227		(2,259		)	(657		)	3,644
Healthcare and Emerging Markets Businesses	1,245		504		(491		)	—			1,258
All Other	374		—		(309		)	—			65
Total	$	8,608	$	1,671	$	(3,095	)	$	(657	)	$	6,527

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NOTE 10 – FINANCIAL INSTRUMENTS AND DERIVATIVES

Derivative Instruments and Hedging Activities

The Company’s activities expose it to a variety of market risks, which primarily include the risks related to the effects of changes in foreign currency exchange rates, interest rates and commodity prices. These financial exposures are monitored and managed by the Company as part of its overall risk management program. The objective of this risk management program is to reduce the volatility that these market risks may have on the Company’s operating results and equity. The Company employs derivative financial instruments to hedge certain anticipated transactions, firm commitments, or assets and liabilities denominated in foreign currencies. Additionally, the Company utilizes interest rate swaps to convert variable rate debt to fixed rate debt and to convert fixed rate debt to variable rate debt, cross currency basis swaps to convert debt denominated in one currency to another currency and commodity swaps to fix certain variable raw material costs.

Derivative Instruments Designated as Hedging

Cash Flow Hedges

The following table summarizes the notional amounts of cash flow hedges by derivative instrument type at March 31, 2014 and the notional amounts expected to mature during the next 12 months, with a discussion of the various cash flow hedges by derivative instrument type following the table:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Foreign exchange forward contracts	$	388,046	$	292,884
Interest rate swaps	195,150		121,621
Commodity contracts	2,234		2,234
Total derivative instruments designated as cash flow hedges	$	585,430	$	416,739

Foreign Exchange Risk Management

The Company uses a layered hedging program to hedge select anticipated foreign currency cash flows to reduce volatility in both cash flows and reported earnings of the consolidated Company. The Company accounts for the designated foreign exchange forward contracts as cash flow hedges. As a result, the Company records the fair value of the contracts primarily through AOCI based on the tested effectiveness of the foreign exchange forward contracts. The Company measures the effectiveness of cash flow hedges of anticipated transactions on a spot-to-spot basis rather than on a forward-to-forward basis. Accordingly, the spot-to-spot change in the derivative fair value will be deferred in AOCI and released and recorded on the Consolidated Statements of Operations in the same period that the hedged transaction is recorded. The time value component of the fair value of the derivative is deemed ineffective and is reported currently in “Other expense (income), net” on the Consolidated Statements of Operations in the period which it is applicable. Any cash flows associated with these instruments are included in cash from operating activities on the Consolidated Statements of Cash Flows. The Company hedges various currencies, with the most significant activity occurring in euros, Swedish kronor, Canadian dollars, and Swiss francs.

These foreign exchange forward contracts generally have maturities up to 18 months and the counterparties to the transactions are typically large international financial institutions.

Interest Rate Risk Management

The Company uses interest rate swaps to convert a portion of its variable interest rate debt to fixed interest rate debt. At March 31, 2014, the Company has two groups of significant interest rate swaps. One of the groups of swaps has notional amounts totaling 12.6 billion Japanese yen, and effectively converts the underlying variable interest rate to a fixed interest rate of 0.2% for an initial term of three years, ending in September 2014. Another swap has a notional amount of 65.0 million Swiss francs, and effectively converts the underlying variable interest rate to a fixed interest rate of 0.7% for an initial term of five years, ending in September 2016.

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The Company enters into interest rate swap contracts infrequently as they are only used to manage interest rate risk on long-term debt instruments and not for speculative purposes. Any cash flows associated with these instruments are included in cash from operating activities on the Consolidated Statements of Cash Flows.

Commodity Risk Management

The Company enters into precious metal commodity swap contracts to effectively fix certain variable raw material costs typically for up to 18 months. These swaps are used to stabilize the cost of components used in the production of certain of the Company’s products. The Company generally accounts for the commodity swaps as cash flow hedges. As a result, the Company records the fair value of the contracts primarily through AOCI based on the tested effectiveness of the commodity swaps. The Company measures the effectiveness of cash flow hedges of anticipated transactions on a spot-to-spot basis rather than on a forward-to-forward basis. Accordingly, the spot-to-spot change in the derivative fair value will be deferred in AOCI and released and recorded on the Consolidated Statements of Operations in the same period that the hedged transaction is recorded. The time value component of the fair value of the derivative is deemed ineffective and is reported currently in “Interest expense” on the Consolidated Statements of Operations in the period which it is applicable. Any cash flows associated with these instruments are included in cash from operating activities on the Consolidated Statements of Cash Flows.

The following tables summarize the amount of gains (losses) recorded in AOCI in the Consolidated Balance Sheets and income (expense) in the Company’s Consolidated Statements of Operations related to all cash flow hedges for the quarters ended March 31, 2014 and 2013:

March 31, 2014
	Gain (Loss) in AOCI			Consolidated Statements of Operations Location	Effective Portion Reclassified from AOCI into Income (Expense)			Ineffective Portion Recognized in Income (Expense)
(in thousands)
Effective Portion:
Interest rate swaps	$	(387	)	Interest expense	$	(926	)
Foreign exchange forward contracts	1,067			Cost of products sold	(1,646		)
Foreign exchange forward contracts	(10		)	SG&A expenses	(99		)
Commodity contracts	101			Cost of products sold	(246		)
Ineffective Portion:
Foreign exchange forward contracts				Other expense (income), net				$	106
Commodity contracts				Interest expense				(13		)
Total in cash flow hedging	$	771			$	(2,917	)	$	93

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March 31, 2013
	Gain (Loss) in AOCI			Consolidated Statements of Operations Location	Effective Portion Reclassified from AOCI into Income (Expense)			Ineffective Portion Recognized in Income (Expense)
(in thousands)
Effective Portion:
Interest rate swaps	$	191		Interest expense	$	(913	)
Foreign exchange forward contracts	4,022			Cost of products sold	499
Foreign exchange forward contracts	187			SG&A expenses	(30		)
Commodity contracts	(16		)	Cost of products sold	157
Ineffective Portion:
Foreign exchange forward contracts				Other expense (income), net				$	(13	)
Commodity contracts				Interest expense				(14		)
Total for cash flow hedging	$	4,384			$	(287	)	$	(27	)

Overall, the derivatives designated as cash flow hedges are considered to be highly effective. At March 31, 2014, the Company expects to reclassify $6.0 million of deferred net losses on cash flow hedges recorded in AOCI to the Consolidated Statement of Operations during the next 12 months. This reclassification is primarily due to the sale of inventory that includes hedged purchases and recognized interest expense on interest rate swaps. The maximum term over which the Company is hedging exposures to variability of cash flows (for all forecasted transactions, excluding interest payments on variable interest rate debt) is 18 months.

For the roll forward of derivative instruments designated as cash flow hedges in AOCI see Note 3, Comprehensive Income.

Hedges of Net Investments in Foreign Operations

The Company has significant investments in foreign subsidiaries the most significant of which are denominated in euros, Swiss francs, Japanese yen and Swedish kronor. The net assets of these subsidiaries are exposed to volatility in currency exchange rates. To hedge a portion of this exposure the Company employs both derivative and non-derivative financial instruments. The derivative instruments consist of foreign exchange forward contracts and cross currency basis swaps. The non-derivative instruments consist of foreign currency denominated debt held at the parent company level. Translation gains and losses related to the net assets of the foreign subsidiaries are offset by gains and losses in derivative and non-derivative financial instruments designated as hedges of net investments, which are included in AOCI. Any cash flows associated with these instruments are included in investing activities on the Consolidated Statements of Cash Flows except for derivative instruments that include an other-than-insignificant financing element, in which case all cash flows will be classified as financing activities on the Consolidated Statements of Cash Flows.

The following table summarizes the notional amounts of hedges of net investments by derivative instrument type at March 31, 2014 and the notional amounts expected to mature during the next 12 months:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Foreign exchange forward contracts	$	180,466	$	115,718
Cross currency basis swaps	489,253		90,950
Total derivative instruments designated as net investment hedges	$	669,719	$	206,668

On February 14, 2014, the Company dedesignated 449.8 million euros of foreign exchange forward contracts that were previously designated as net investment hedges. The change in the value of the dedesignated hedges will be recorded in “Other expense (income), net” on the Consolidated Statement of Operations and will offset the change in the value of non-designated euro denominated cross currency basis swaps as further noted in the section below titled Derivative Instruments Not Designated as Hedges.

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On March 25, 2014, the Company entered into additional foreign exchange forward contracts designated as hedges of net investment with a notional amount of 25.0 million euros.

The fair value of the cross currency basis swaps and foreign exchange forward contracts is the estimated amount the Company would receive or pay at the reporting date, taking into account the effective interest rates, cross currency swap basis rates and foreign exchange rates. The effective portion of the change in the value of these derivatives is recorded in AOCI, net of tax effects.

The following tables summarize the amount of gains (losses) recorded in AOCI on the Consolidated Balance Sheets and income (expense) on the Company’s Consolidated Statements of Operations related to the hedges of net investments for the quarters ended March 31, 2014 and 2013:

March 31, 2014
	Gain (Loss) in AOCI			Consolidated Statements of Operations Location	Recognized in Income (Expense)
(in thousands)
Effective Portion:
Cross currency basis swaps	$	(4,660	)	Interest income	$	677
				Interest expense	541
Foreign exchange forward contracts	3,068			Other expense (income), net	248
Total for net investment hedging	$	(1,592	)		$	1,466

March 31, 2013
	Gain (Loss) in AOCI		Consolidated Statements of Operations Location	Recognized in Income (Expense)
(in thousands)
Effective Portion:
Cross currency basis swaps	$	39,885	Interest income	$	1,387
			Interest expense	(1,603		)
Total for net investment hedging	$	39,885		$	(216	)

Fair Value Hedges

The Company uses interest rate swaps to convert a portion of its fixed interest rate debt to variable interest rate debt. The Company has a group of U.S. dollar denominated interest rate swaps with an initial total notional value of $150.0 million to effectively convert the underlying fixed interest rate of 4.1% on the Company’s $250.0 million Private Placement Notes (“PPN”) to variable rate for an initial term of five years, ending February 2016. The notional value of the swaps will decline proportionately as portions of the PPN mature. These interest rate swaps are designated as fair value hedges of the interest rate risk associated with the hedged portion of the fixed rate PPN. Accordingly, the Company will carry the portion of the hedged debt at fair value, with the change in debt and swaps offsetting each other on the Consolidated Statements of Operations. Any cash flows associated with these instruments are included in operating activities on the Consolidated Statements of Cash Flows.

The following table summarizes the notional amounts of fair value hedges by derivative instrument type at March 31, 2014 and the notional amounts expected to mature during the next 12 months:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Interest rate swaps	$	105,000	$	60,000

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The following tables summarize the amount of income (expense) recorded on the Company’s Consolidated Statements of Operations related to the hedges of fair value for the quarters ended March 31, 2014 and 2013:

	Consolidated Statements of Operations Location	Income (Expense) Recognized
		Three months ended March 31,
(in thousands)		2014		2013
Interest rate swaps	Interest expense	$	87	$	62

Derivative Instruments Not Designated as Hedges

The Company enters into derivative instruments to hedge the foreign exchange revaluation risk associated with recorded assets and liabilities that are denominated in a non-functional currency. The gains and losses on these derivative transactions offset the gains and losses generated by the revaluation of the underlying non-functional currency balances and are recorded in “Other expense (income), net” on the Consolidated Statements of Operations. The Company primarily uses foreign exchange forward contracts and cross currency basis swaps to hedge these risks. Any cash flows associated with the foreign exchange forward contracts and interest rate swaps not designated as hedges are included in cash from operating activities on the Consolidated Statements of Cash Flows. Any cash flows associated with the cross currency basis swaps not designated as hedges are included in investing activities on the Consolidated Statements of Cash Flows except for derivative instruments that include an other-than-insignificant financing element, in which case the cash flows will be classified as financing activities on the Consolidated Statements of Cash Flows.

The following tables summarize the aggregate notional amounts of the Company’s economic hedges not designated as hedges by derivative instrument types at March 31, 2014 and the notional amounts expected to mature during the next 12 months:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Foreign exchange forward contracts	$	1,085,950	$	1,085,950
Interest rate swaps	3,980		995
Cross currency basis swaps	751,253		732,718
Total for instruments not designated as hedges	$	1,841,183	$	1,819,663

The Company maintains Swiss franc denominated cross currency basis swaps to offset an intercompany Swiss franc note receivable at a U.S. dollar functional entity. The hedge declines each quarter to coincide with expected repayments of the note. At March 31, 2014, the remaining notional value of the cross currency swaps was 116.4 million Swiss francs.

On February 14, 2014, a series of U.S. dollar denominated intercompany note receivables were transferred from a euro functional entity to a U.S. dollar functional entity at which point the underlying foreign currency revaluation risk that was hedged by non-designated cross currency swaps totaling 449.8 million euro was eliminated. As a result, the company dedesignated an offsetting amount of 449.8 million euro of net investment hedges. The change in the value of the dedesignated net investment hedges will be recorded in “Other expense (income), net” on the Consolidated Statement of Operations and will offset the change in the value of the non-designated euro denominated cross currency swaps until both sets of hedges mature in December 2014.

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The following table summarizes the amounts of gains (losses) recorded on the Company’s Consolidated Statements of Operations related to the economic hedges not designated as hedging for the quarters ended March 31, 2014 and 2013:

	Consolidated Statements of Operations Location	Gain (Loss) Recognized
		Three months ended March 31,
(in thousands)		2014			2013
Foreign exchange forward contracts (a)	Other expense (income), net	$	(4,441	)	$	2,515
DIO equity option contracts	Other expense (income), net	(228		)	(33		)
Interest rate swaps	Interest expense	(11		)	10
Cross currency basis swaps (a)	Other expense (income), net	825			(25,432		)
Total for instruments not designated as hedges		$	(3,855	)	$	(22,940	)

(a) The gains and losses on these derivative transactions offset the gains and losses generated by the revaluation of the underlying non-functional currency balances which are recorded in “Other expense (income), net” on the Consolidated Statements of Operations.

Consolidated Balance Sheets Location of Derivative Fair Values

The following tables summarize the fair value and consolidated balance sheet location of the Company’s derivatives at March 31, 2014 and December 31, 2013:

	March 31, 2014
(in thousands)	Prepaid Expenses and Other Current Assets		Other Noncurrent Assets, Net		Accrued Liabilities		Other Noncurrent Liabilities
Designated as Hedges
Foreign exchange forward contracts	$	1,777	$	413	$	9,699	$	347
Commodity contracts	—		—		167		—
Interest rate swaps	1,629		258		501		567
Cross currency basis swaps	761		—		3,161		19,849
Total	$	4,167	$	671	$	13,528	$	20,763
Not Designated as Hedges
Foreign exchange forward contracts	$	1,299	$	—	$	3,091	$	—
DIO equity option contracts	—		—		—		370
Interest rate swaps	—		—		83		228
Cross currency basis swaps	—		—		36,919		1,967
Total	$	1,299	$	—	$	40,093	$	2,565

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	December 31, 2013
(in thousands)	Prepaid Expenses and Other Current Assets		Other Noncurrent Assets, Net		Accrued Liabilities		Other Noncurrent Liabilities
Designated as Hedges
Foreign exchange forward contracts	$	1,517	$	255	$	10,280	$	940
Commodity contracts	—		1		434		1
Interest rate swaps	789		1,617		466		419
Cross currency basis swaps	530		—		2,223		16,413
Total	$	2,836	$	1,873	$	13,403	$	17,773
Not Designated as Hedges
Foreign exchange forward contracts	$	3,128	$	—	$	2,328	$	—
DIO equity option contracts	—		—		—		142
Interest rate swaps	—		—		85		256
Cross currency basis swaps	—		—		38,551		1,941
Total	$	3,128	$	—	$	40,964	$	2,339

Balance Sheet Offsetting

Substantially all of the Company’s derivative contracts are subject to netting arrangements, whereby the right to offset occurs in the event of default or termination in accordance with the terms of the arrangements with the counterparty. While these contracts contain the enforceable right to offset through netting arrangements with the same counterparty, the Company elects to present them on a gross basis on the Consolidated Balance Sheets.

Offsetting of financial assets and liabilities under netting arrangements at March 31, 2014:

							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Assets
Foreign exchange forward contracts	$	3,489	$	—	$	3,489	$	(3,226	)	$	—	$	263
Interest rate swaps	1,887		—		1,887		(1,585		)	—		302
Cross currency basis swaps	761		—		761		(761		)	—		—
Total Assets	$	6,137	$	—	$	6,137	$	(5,572	)	$	—	$	565

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							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Liabilities
Foreign exchange forward contracts	$	13,137	$	—	$	13,137	$	(2,349	)	$	—	$	10,788
Commodity contracts	167		—		167		—			—		167
DIO equity option contracts	370		—		370		—			—		370
Interest rate swaps	1,379		—		1,379		(77		)	—		1,302
Cross currency basis swaps	61,896		—		61,896		(3,146		)	—		58,750
Total Liabilities	$	76,949	$	—	$	76,949	$	(5,572	)	$	—	$	71,377

Offsetting of financial assets and liabilities under netting arrangements at December 31, 2013:

							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Assets
Foreign exchange forward contracts	$	4,900	$	—	$	4,900	$	(4,641	)	$	—	$	259
Commodity contracts	1		—		1		(1		)	—		—
Interest rate swaps	2,406		—		2,406		(1,979		)	—		427
Cross currency basis swaps	530		—		530		(530		)	—		—
Total Assets	$	7,837	$	—	$	7,837	$	(7,151	)	$	—	$	686

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							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Liabilities
Foreign exchange forward contracts	$	13,548	$	—	$	13,548	$	(3,467	)	$	—	$	10,081
Commodity contracts	435		—		435		(1		)	—		434
DIO equity option contracts	142		—		142		—			—		142
Interest rate swaps	1,226		—		1,226		(62		)	—		1,164
Cross currency basis swaps	59,128		—		59,128		(3,621		)	—		55,507
Total Liabilities	$	74,479	$	—	$	74,479	$	(7,151	)	$	—	$	67,328

NOTE 11 – FAIR VALUE MEASUREMENT

The Company records financial instruments at fair value with unrealized gains and losses related to certain financial instruments reflected in AOCI on the Consolidated Balance Sheets.  In addition, the Company recognizes certain liabilities at fair value.  The Company applies the market approach for recurring fair value measurements.  Accordingly, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs.

The fair value of financial instruments is determined by reference to various market data and other valuation techniques as appropriate. The Company believes the carrying amounts of cash and cash equivalents, accounts receivable (net of allowance for doubtful accounts), prepaid expenses and other current assets, accounts payable, accrued liabilities, income taxes payable and notes payable approximate fair value due to the short-term nature of these instruments.  The Company estimated the fair value and carrying value of total long-term debt, including the current portion, was $1,335.2 million and $1,298.4 million, respectively, at March 31, 2014.  At December 31, 2013, the Company estimated the fair value and carrying value, including the current portion, was $1,387.7 million and $1,370.8 million respectively.  The interest rate on the $450.0 million Senior Notes, the $300.0 million Senior Notes, and the $250.0 million PPN are fixed rates of 4.2%, 2.8% and 4.1%, respectively, and their fair value is based on the interest rates as of March 31, 2014. The interest rates on variable rate term loan debt and commercial paper are consistent with current market conditions, therefore the fair value of these instruments approximates their carrying values.

The following tables set forth by level within the fair value hierarchy the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis at March 31, 2014 and December 31, 2013, which are classified as “Cash and cash equivalents,” “Prepaid expenses and other current assets,” “Other noncurrent assets, net,” “Accrued liabilities,” and “Other noncurrent liabilities” in the Consolidated Balance Sheets.  Financial assets and liabilities that are recorded at fair value as of the balance sheet date are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

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	March 31, 2014
(in thousands)	Total		Level 1		Level 2		Level 3
Assets
Interest rate swaps	$	1,887	$	—	$	1,887	$	—
Cross currency basis swaps	761		—		761		—
Foreign exchange forward contracts	3,489		—		3,489		—
DIO Corporation convertible bonds	67,173		—		—		67,173
Total assets	$	73,310	$	—	$	6,137	$	67,173
Liabilities
Interest rate swaps	$	1,379	$	—	$	1,379	$	—
Commodity contracts	167		—		167		—
Cross currency basis swaps	61,896		—		61,896		—
Foreign exchange forward contracts	13,137		—		13,137		—
Long term debt	106,897		—		106,897		—
DIO equity option contracts	370		—		—		370
Total liabilities	$	183,846	$	—	$	183,476	$	370

	December 31, 2013
(in thousands)	Total		Level 1		Level 2		Level 3
Assets
Interest rate swaps	$	2,406	$	—	$	2,406	$	—
Commodity contracts	1		—		1		—
Cross currency basis swaps	530		—		530		—
Foreign exchange forward contracts	4,900		—		4,900		—
DIO Corporation convertible bonds	70,019		—		—		70,019
Total assets	$	77,856	$	—	$	7,837	$	70,019
Liabilities
Interest rate swaps	$	1,226	$	—	$	1,226	$	—
Commodity contracts	435		—		435		—
Cross currency basis swaps	59,128		—		59,128		—
Foreign exchange forward contracts	13,548		—		13,548		—
Long term debt	152,370		—		152,370		—
DIO equity option contracts	142		—		—		142
Total liabilities	$	226,849	$	—	$	226,707	$	142

Derivative valuations are based on observable inputs to the valuation model including interest rates, foreign currency exchange rates, future commodities prices and credit risks.  As discussed in Note 10, Financial Instruments and Derivatives, commodity contracts, certain interest rate swaps and foreign exchange forward contracts are considered cash flow hedges. In addition, certain cross currency basis swaps and foreign exchange forward contracts are considered hedges of net investments in foreign operations.

The Company uses the income method valuation technique to estimate the fair value of the DIO Corporation convertible bonds.  The significant unobservable inputs for valuing the corporate bonds are DIO Corporation’s stock volatility factor of approximately 40% and corporate bond rating which implies approximately a 13% discount rate on the valuation model.  Significant observable inputs used to value the corporate bonds include foreign exchange rates and DIO Corporation’s period-ending market stock price.

The Company has valued the DIO equity option contracts using a Monte Carlo simulation which uses several estimates and probability assumptions by management including the future stock price, the stock price as a multiple of DIO earnings and the probability of the sellers to reduce their shares held by selling into the open market.  The fair value of equity option contracts are

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reported in “Other noncurrent liabilities,” on the Consolidated Balance Sheets and changes in the fair value are reported in “Other expense (income), net” in the Consolidated Statements of Operations.

The following table presents a reconciliation of the Company’s Level 3 holdings measured at fair value on a recurring basis using unobservable inputs:

(in thousands)	DIO Corporation Convertible Bonds			DIO Equity Options Contracts
Balance at December 31, 2013	$	70,019		$	(142	)
Unrealized loss:
Reported in AOCI, pretax	(2,970		)	—
Unrealized gain:
Reported in other expense (income), net	—			(228		)
Effects of exchange rate changes	124			—
Balance at March 31, 2014	$	67,173		$	(370	)

For the three months ended March 31, 2014, there were no purchases, issuances or transfers of Level 3 financial instruments.

NOTE 12 – INCOME TAXES

Uncertainties in Income Taxes

The Company recognizes in the interim consolidated financial statements, the impact of a tax position, if that position is more likely than not of being sustained on audit, based on the technical merits of the position.

It is reasonably possible that certain amounts of unrecognized tax benefits will significantly increase or decrease within 12 months of the reporting date of the Company’s interim consolidated financial statements.  Expiration of statutes of limitation in various jurisdictions during the next 12 months could include unrecognized tax benefits of approximately $1.1 million.

Other Tax Matters

For the quarter ended March 31, 2013, the Company recorded a tax benefit of $9.4 million related to U.S. federal legislative changes enacted in January 2013, relating to 2012, and a benefit of $3.3 million related to prior year tax matters. For the quarter ended March 31, 2014, the effective tax rate was unfavorably impacted by the Company’s change in the mix of consolidated earnings.

NOTE 13 – FINANCING ARRANGEMENTS

During the three months ended March 31, 2014, the Company refinanced the first required payment of $75.0 million PPN due February 2016 by issuing commercial paper. The second required payment of $100.0 million due in February 2015 has been classified as current on the Consolidated Balance Sheets.

The Company’s revolving credit facility, term loans and PPN contain certain affirmative and negative covenants relating to the Company's operations and financial condition. At March 31, 2014, the Company was in compliance with all debt covenants.

At March 31, 2014, the Company had total unused lines of credit, including lines available under its short-term arrangements and revolving credit agreement, of $406.3 million.

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NOTE 14 – GOODWILL AND INTANGIBLE ASSETS

A reconciliation of changes in the Company’s goodwill is as follows:

(in thousands)	Dental Consumable Businesses		Dental Specialty and Laboratory Businesses			Healthcare and Emerging Markets Businesses		Total
Balance at December 31, 2013	$	325,044	$	1,576,126		$	380,426	$	2,281,596
Adjustments of provisional amounts on prior acquisitions	—		(1,413		)	—		(1,413		)
Effects of exchange rate changes	1,008		1,269			4,255		6,532
Balance at March 31, 2014	$	326,052	$	1,575,982		$	384,681	$	2,286,715

Identifiable definite-lived and indefinite-lived intangible assets consist of the following:

	March 31, 2014							December 31, 2013
(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Patents	$	182,825	$	(94,075	)	$	88,750	$	181,847	$	(91,736	)	$	90,111
Trademarks	85,917		(37,193		)	48,724		85,922		(35,994		)	49,928
Licensing agreements	32,180		(21,468		)	10,712		31,950		(20,992		)	10,958
Customer relationships	500,396		(91,075		)	409,321		497,108		(82,381		)	414,727
Total definite-lived	$	801,318	$	(243,811	)	$	557,507	$	796,827	$	(231,103	)	$	565,724
Trademarks and In-process R&D	$	228,490	$	—		$	228,490	$	229,599	$	—		$	229,599
Total identifiable intangible assets	$	1,029,808	$	(243,811	)	$	785,997	$	1,026,426	$	(231,103	)	$	795,323

NOTE 15 – COMMITMENTS AND CONTINGENCIES

Litigation

On June 18, 2004, Marvin Weinstat, DDS and Richard Nathan, DDS filed a class action suit in San Francisco County, California alleging that the Company misrepresented that its Cavitron® ultrasonic scalers are suitable for use in oral surgical procedures. The Complaint seeks a recall of the product and refund of its purchase price to dentists who have purchased it for use in oral surgery. The Court certified the case as a class action in June 2006 with respect to the breach of warranty and unfair business practices claims. The class that was certified is defined as California dental professionals who, at any time during the period beginning June 18, 2000 through September 14, 2012, purchased and used one or more Cavitron® ultrasonic scalers for the performance of oral surgical procedures on their patients, which Cavitrons® were accompanied by Directions for Use that “Indicated” Cavitron® use for “periodontal debridement for all types of periodontal disease.” The case went to trial in September 2013, and on January 22, 2014, the San Francisco Superior Court issued its decision in the Company’s favor, rejecting all of the plaintiffs’ claims. The plaintiffs have appealed the Superior Court’s decision, and the appeal is now pending. The Company intends to defend against this appeal.

On December 12, 2006, a Complaint was filed by Carole Hildebrand, DDS and Robert Jaffin, DDS in the Eastern District of Pennsylvania (the Plaintiffs subsequently added Dr. Mitchell Goldman as a named class representative).  The case was filed by the same law firm that filed the Weinstat case in California.  The Complaint asserts putative class action claims on behalf of dentists located in New Jersey and Pennsylvania. The Complaint seeks damages and asserts that the Company’s Cavitron® ultrasonic scaler was negligently designed and sold in breach of contract and warranty arising from misrepresentations about the potential uses of the product because it cannot assure the delivery of potable or sterile water. Following dismissal of the case for lack of jurisdiction, the plaintiffs filed a second complaint under the name of Dr. Hildebrand’s corporate practice, Center City Periodontists, asserting the same allegations (this case is now proceeding under the name “Center City Periodontists”). The plaintiffs moved to

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have the case certified as a class action, to which the Company has objected and filed its brief. The Court subsequently granted a Motion filed by the Company and dismissed plaintiffs’ New Jersey Consumer Fraud and negligent design claims, leaving only a breach of express warranty claim, in response to which the Company has filed a Motion for Summary Judgment.

On January 20, 2014, the Company was served with a qui tam complaint filed by two former and one current employee of the Company under the Federal False Claims Act and equivalent state and city laws. The lawsuit was previously under seal in the U.S. District Court for the Eastern District of Pennsylvania. The complaint alleges, among other things, that the Company engaged in various illegal marketing activities, and thereby caused dental and other healthcare professionals to file false claims for reimbursement with Federal and State governments. The relators seek injunctive relief, fines, treble damages, and attorneys’ fees and costs. On January 27, 2014, the United States filed with the Court a notice that it had elected not to intervene in the qui tam action at this time. The United States’ notice indicated that the named state and city co-plaintiffs had authorized the United States to communicate to the Court that they also had decided not to intervene at this time. These non-intervention decisions do not prevent the qui tam relators from litigating this action, and the United States and/or the named states and/or cities may seek to intervene in the action at a later time. The Company has filed a motion to dismiss the complaint and intends to vigorously defend itself in the litigation.

The Company does not believe a loss is probable related to the above litigation. Further a reasonable estimate of a possible range of loss cannot be made. In the event that one or more of these matters is unfavorably resolved, it is possible the Company’s results from operations could be materially impacted.

In 2012, the Company received subpoenas from the United States Attorney’s Office for the Southern District of Indiana (the “USAO”) and from the Office of Foreign Assets Control of the United States Department of the Treasury (“OFAC”) requesting documents and information related to compliance with export controls and economic sanctions regulations by certain of its subsidiaries. The Company has voluntarily contacted OFAC and the Bureau of Industry and Security of the United States Department of Commerce (“BIS”), in connection with these matters as well as regarding compliance with export controls and economic sanctions regulations by certain other business units of the Company identified in connection with an ongoing internal review by the Company. The Company is cooperating with the USAO, OFAC and BIS with respect to these matters.

At this stage of the inquiries, the Company is unable to predict the ultimate outcome of these matters or what impact, if any, the outcome of these matters might have on the Company’s consolidated financial position, results of operations or cash flows. Violations of export control or economic sanctions laws or regulations could result in a range of governmental enforcement actions, including fines or penalties, injunctions and/or criminal or other civil proceedings, which actions could have a material adverse effect on the Company’s reputation, business, financial condition and results of operations. At this time, no claims have been made against the Company.

In addition to the matters disclosed above, the Company is, from time to time, subject to a variety of litigation and similar proceedings incidental to its business.  These legal matters primarily involve claims for damages arising out of the use of the Company’s products and services and claims relating to intellectual property matters including patent infringement, employment matters, tax matters, commercial disputes, competition and sales and trading practices, personal injury and insurance coverage.  The Company may also become subject to lawsuits as a result of past or future acquisitions or as a result of liabilities retained from, or representations, warranties or indemnities provided in connection with, divested businesses.  Some of these lawsuits may include claims for punitive and consequential, as well as compensatory damages.  Based upon the Company’s experience, current information and applicable law, it does not believe that these proceedings and claims will have a material adverse effect on its consolidated results of operations, financial position or liquidity. However, in the event of unexpected further developments, it is possible that the ultimate resolution of these matters, or other similar matters, if unfavorable, may be materially adverse to the Company’s business, financial condition, results of operations or liquidity.

While the Company maintains general, products, property, workers’ compensation, automobile, cargo, aviation, crime, fiduciary and directors’ and officers’ liability insurance up to certain limits that cover certain of these claims, this insurance may be insufficient or unavailable to cover such losses.  In addition, while the Company believes it is entitled to indemnification from third parties for some of these claims, these rights may also be insufficient or unavailable to cover such losses.

Purchase Commitments

From time to time, the Company enters into long-term inventory purchase commitments with minimum purchase requirements for raw materials and finished goods to ensure the availability of products for production and distribution.  These commitments may have a significant impact on levels of inventory maintained by the Company.

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DENTSPLY International Inc. and Subsidiaries

Item 2 – Management’s Discussion and Analysis of Financial Condition and Results of Operations

This report contains information that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Generally, the use of terms such as “may,” “could,” “expect,” “intend,” “believe,” “plan,” “estimate,” “forecast,” “project,” “anticipate,” and similar expressions identify forward-looking statements. All statements that address operating performance, events or developments that DENTSPLY International Inc. (“DENTSPLY” or the “Company”) expects or anticipates will occur in the future are forward-looking statements. Forward-looking statements are based on management's current expectations and beliefs, and are inherently susceptible to uncertainty, risks, and changes in circumstances that could cause actual results to differ materially from the Company's historical experience and our present expectations or projections. These risks and uncertainties include, but are not limited to, those described in Part I, Item 1A (“Risk Factors”) of the Company's Form 10-K for the year ended December 31, 2013 and those described from time to time in our future reports filed with the Securities and Exchange Commission. The Company undertakes no duty and has no obligation to update forward-looking statements as a result of future events or developments.

OVERVIEW

Highlights

• For the quarter ended March 31, 2014, worldwide internal sales growth, excluding precious metal content, was 1.1%, led by the Rest of World category with internal sales growth of 8.9% for the quarter. Internal growth in the U.S. was 0.1%, while internal growth in Europe was -1.3%, due to lower sales in the Commonwealth of Independent States (“CIS”) region.

• First quarter 2014 earnings per diluted share of $0.50 grew 2.0% from $0.49 in the prior year period.  On an adjusted basis (a non-GAAP measure), first quarter 2014 earnings per diluted share of $0.59 grew 13.5% from $0.52 in the same period in the prior year.

• Operating margin in the first quarter 2014 was 14.5% an increase of 170 basis points as compared to 12.8% in the first quarter of 2013.

• Operating cash flow in the first quarter 2014 was $64.6 million compared to $36.1 million in the first quarter of 2013.

Company Profile

DENTSPLY International Inc. is a leading manufacturer and distributor of dental and other consumable medical device products.  The Company believes it is the world’s largest manufacturer of consumable dental products for the professional dental market.  For over 110 years, DENTSPLY’s commitment to innovation and professional collaboration has enhanced its portfolio of branded consumables and small equipment.  Headquartered in the United States, the Company has global operations with sales in more than 120 countries. The Company also has strategically located distribution centers to enable it to better serve its customers and increase its operating efficiency. While the United States and Europe are the Company’s largest markets, the Company serves all major markets worldwide.

Principal Products

The Company has four principal product categories: 1) Dental Consumable Products; 2) Dental Laboratory Products; 3) Dental Specialty Products; and 4) Consumable Medical Device Products.

Dental consumable products consist of dental supplies and devices and small equipment used in dental offices for the treatment of patients. The Company manufactures thousands of different dental consumable products marketed under more than one hundred brand names.  DENTSPLY’s dental consumable products within this category include dental anesthetics, prophylaxis paste, dental sealants, impression materials, restorative materials, tooth whiteners and topical fluoride.  Small equipment products in the dental consumable category consist of various durable goods used in dental offices for treatment of patients.  DENTSPLY’s small equipment products include dental handpieces, intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers.

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DENTSPLY’s products in the dental laboratory products category include dental prosthetics, including artificial teeth, precious metal dental alloys, dental ceramics and crown and bridge materials. Equipment in this category includes computer aided design and machining (CAD/CAM) ceramic systems and porcelain furnaces.

Dental specialty products are specialized treatment products used within the dental office and laboratory settings.  DENTSPLY’s products in this category include endodontic (root canal) instruments and materials, implants and related products, bone grafting materials, 3D digital scanning and treatment planning software, orthodontic appliances and accessories.

Consumable medical device products consist mainly of urology catheters, certain surgical products, medical drills and other non-medical products.

Principal Measurements

The principal measurements used by the Company in evaluating its business are: (1) internal sales growth by geographic region; (2) constant currency sales growth by geographic region; (3) operating margins of each reportable segment including product pricing and cost controls; (4) the development, introduction and contribution of innovative new products; and (5) sales growth through acquisition.

The Company defines “internal sales growth” as the increase or decrease in net sales from period to period, excluding (1) precious metal content; (2) the impact of changes in currency exchange rates; and (3) net acquisition sales growth. The Company defines “net acquisition sales growth” as the net sales, excluding precious metal content, for a period of twelve months following the transaction date of businesses that have been acquired, less the net sales, excluding precious metal content, for a period of twelve months prior to the transaction date of businesses that have been divested. The Company defines “constant currency sales growth” as internal sales growth plus net acquisition sales growth.

The primary drivers of internal growth includes global dental market growth, innovation and new products launched by the Company, and continued investments in sales and marketing resources, including clinical education. Management believes that over time, the Company’s ability to execute its strategies allows it to grow at a modest premium to the growth rate of the underlying dental market. Management further believes that the global dental market has generally in the past and should over time in the future grow at a premium to underlying economic growth rates. Considering all of these factors, the Company assumes that the long-term growth rate for the dental market will range from 3% to 6% on average and that the Company targets a slight premium to market growth. Over the past several years, growth in the global dental and other healthcare markets have been restrained by lower economic growth in Western Europe and certain other markets compared to historical averages and, accordingly, market growth rates, and the Company’s internal growth rate remains uncertain in the near term.

The Company’s business is subject to quarterly fluctuations of consolidated net sales and net income. The Company typically implements most of its price changes at the beginning of the first or fourth quarters. Price changes, other marketing and promotional programs as well as the management of inventory levels by distributors and the implementation of strategic initiatives, may impact sales levels in a given period.

The Company has a focus on minimizing costs and achieving operational efficiencies. Management continues to evaluate the consolidation of operations or functions to reduce costs. In addition, the Company remains focused on enhancing efficiency through expanded use of technology and process improvement initiatives. The Company believes that the benefits from these initiatives will improve the cost structure and help offset areas of rising costs such as energy, employee benefits and regulatory oversight and compliance. In connection with these efforts, the Company targets adjusted operating income margins to expand to 20% as the benefits of these initiatives are realized over time. In addition, the Company expects that it will record restructuring charges, from time to time associated with such initiatives. These restructuring charges could be material to the Company’s consolidated financial statements and there can be no assurance that the target adjusted operating income margins will be achieved.

Product innovation is a key component of the Company’s overall growth strategy. New advances in technology are anticipated to have a significant influence on future products in dentistry and consumable medical device markets in which the Company operates. As a result, the Company continues to pursue research and development initiatives to support technological development, including collaborations with various research institutions and dental schools. In addition, the Company licenses and purchases technologies developed by third parties. Although the Company believes these activities will lead to new innovative dental and consumable medical device products, they involve new technologies and there can be no assurance that commercialized products will be developed.

The Company will continue to pursue opportunities to expand the Company’s product offerings through acquisitions. Although the professional dental and the consumable medical device markets in which the Company operates have experienced consolidation,

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they remain fragmented. Management believes that there will continue to be adequate opportunities to participate as a consolidator in the industry for the foreseeable future.

Reclassification of Prior Year Amounts

Certain reclassifications have been made to prior year’s data in order to conform to current year presentation. Specifically, during the first quarter of 2014, the Company realigned reporting responsibilities for multiple locations as a result of changes to the management reporting structure. The segment information reflects the revised structure for all periods shown.

RESULTS OF OPERATIONS, QUARTER ENDED MARCH 31, 2014 COMPARED TO QUARTER ENDED MARCH 31, 2013

Net Sales

Management believes that the presentation of net sales, excluding precious metal content, provides useful information to investors because a significant portion of DENTSPLY’s net sales is comprised of sales of precious metals generated through sales of the Company’s precious metal dental alloy products, which are used by third parties to construct crown and bridge materials.  Due to the fluctuations of precious metal prices and because the precious metal content of the Company’s sales is largely a pass-through to customers and has minimal effect on earnings, DENTSPLY reports net sales both with and without precious metal content to show the Company’s performance independent of precious metal price volatility and to enhance comparability of performance between periods.  The Company uses its cost of precious metal purchased as a proxy for the precious metal content of sales, as the precious metal content of sales is not separately tracked and invoiced to customers.  The Company believes that it is reasonable to use the cost of precious metal content purchased in this manner since precious metal dental alloy sale prices are typically adjusted when the prices of underlying precious metals change.

The presentation of net sales, excluding precious metal content, is considered a measure not calculated in accordance with the generally accepted accounting principles in the United States (“US GAAP”), and is therefore considered a non-US GAAP measure.  The Company provides the following reconciliation of net sales to net sales, excluding precious metal content.  The Company’s definitions and calculations of net sales, excluding precious metal content, and other operating measures derived using net sales, excluding precious metal content, may not necessarily be the same as those used by other companies.

	Three Months Ended
	March 31,
(in millions)	2014		2013		$ Change			% Change
Net sales	$	730.1	$	732.1	$	(2.0	)	(0.3	%)
Less: precious metal content of sales	40.9		59.4		(18.5		)	(31.1	%)
Net sales, excluding precious metal content	$	689.2	$	672.7	$	16.5		2.5	%

Net sales, excluding precious metal content, for the three months ended March 31, 2014 was $689.2 million, an increase of $16.5 million or 2.5% over the first quarter of 2013.  The change in net sales, excluding precious metal content, was primarily a result of internal and acquisition growth.  Precious metal content of sales declined mostly as a result of lower refinery volume compared to the same period a year ago.

Constant Currency and Internal Sales Growth

The following table includes growth rates for net sales, excluding precious metal content, for the three months ended March 31, 2014 compared with the three months ended March 31, 2013.

	Three Months Ended March 31, 2014
	United States		Europe		Rest of World		Worldwide
Internal sales growth	0.1	%	(1.3	%)	8.9	%	1.1	%
Acquisition sales growth	0.3	%	—	%	3.2	%	0.8	%
Constant currency sales growth	0.4	%	(1.3	%)	12.1	%	1.9	%

33

United States

Net sales, excluding precious metal content, increased by 0.4% on a constant currency sales growth basis in the first quarter of 2014 as compared to the first quarter of 2013, primarily due to acquisition sales growth. Internal sales growth of 0.1% was the result of increased sales of dental consumable and dental specialty product categories partially offset by the dental laboratory product category.

Europe

Net sales, excluding precious metal content, decreased by 1.3% on a constant currency sales growth basis in the first quarter of 2014 as compared to the first quarter of 2013, primarily reflecting the impact of the geopolitical conflict in the CIS countries. Excluding sales in the CIS, internal sales growth would have been a positive 1.4% for the quarter led by dental consumable and consumable medical device product categories. At this time, it is uncertain what the impact the ongoing conflict in the CIS will have on the Company’s business in this region.

Rest of World

Net sales, excluding precious metal content, increased by 12.1% on a constant currency sales growth basis in the first quarter of 2014 as compared to the first quarter of 2013. In addition to acquisition growth of 3.2%, internal growth of 8.9% was primarily the result of increased sales of dental specialty and dental consumable product categories.

Gross Profit

	Three Months Ended
	March 31,
(in millions)	2014			2013			$ Change		% Change
Gross profit	$	394.2		$	388.2		$	6.0	1.5	%
Gross profit as a percentage of net sales, including precious metal content	54.0		%	53.0		%
Gross profit as a percentage of net sales, excluding precious metal content	57.2		%	57.7		%

Gross profit as a percentage of net sales, excluding precious metal content, decreased by 50 basis points for the quarter ended March 31, 2014 compared to the same quarter of 2013.  The decrease in the gross profit rate was primarily the result of the unfavorable impact of foreign currency movements compared to the same three month period in 2013.

Operating Expenses

	Three Months Ended
	March 31,
(in millions)	2014			2013			$ Change			% Change
Selling, general and administrative expenses (“SG&A”)	$	287.8		$	293.7		$	(5.9	)	(2.0	%)
Restructuring and other costs	0.8			0.7			0.1			14.3	%
SG&A as a percentage of net sales, including precious metal content	39.4		%	40.1		%
SG&A as a percentage of net sales, excluding precious metal content	41.8		%	43.7		%

SG&A Expenses

SG&A expenses as a percentage of net sales, excluding precious metal content, decreased 1.9 percentage points in the quarter ended March 31, 2014 when compared to the quarter end March 31, 2013. The rate reduction is primarily due to cost reduction initiatives and expense controls across a number of businesses, as well as higher expenses recorded in the first quarter of 2013 relating to global marketing events.

34

Other Income and Expense

	Three Months Ended March 31,
(in millions)	2014		2013		Change
Net interest expense	$	9.5	$	13.0	$	(3.5	)
Other expense (income), net	0.4		2.9		(2.5		)
Net interest and other expense	$	9.9	$	15.9	$	(6.0	)

Net Interest Expense

Net interest expense for the first quarter of 2014 was $3.5 million lower compared to the three months ended March 31, 2013. The net decrease is a result of lower positive fair value adjustments on designated net investment hedges in 2014 compared to the prior year period and lower average debt levels in 2014 compared to the same period in 2013.

Other Expense (Income), Net

Other expense (income), net for the three months ended March 31, 2014 and 2013 was $0.4 million and $2.9 million, respectively. The net decrease is a result of lower positive fair value adjustments on non-designated hedges of intercompany loans in 2014 compared to the prior year period. Other expense (income), net in the quarter ended March 31, 2014 included $0.3 million of currency transaction losses and $0.1 million of non-operating expenses. Other expense (income), net in the quarter ended March 31, 2013 included $3.1 million of currency transaction losses and $0.2 million of non-operating income.

Income Taxes and Net Income

	Three Months Ended March 31,
(in millions, except per share data)	2014			2013			$ Change
Effective income tax rate	23.5		%	4.5		%
Equity in net loss of unconsolidated affiliated company	$	(0.3	)	$	(1.8	)	$	1.5
Net income attributable to noncontrolling interests	$	—		$	0.9		$	(0.9	)
Net income attributable to DENTSPLY International	$	72.9		$	71.7		$	1.2
Earnings per common share - diluted	$	0.50		$	0.49

Provision for Income Taxes

The Company’s effective tax rate for the first quarter of 2014 and 2013 was 23.5% and 4.5%, respectively. In the 2013 period, the Company recorded a tax benefit of $9.4 million related to U.S. federal legislative changes enacted in January 2013, relating to 2012, and a benefit of $3.3 million related to prior year tax matters. In the three months ended March 31, 2014, the effective tax rate was unfavorably impacted by the Company’s change in the mix of consolidated earnings.

The Company’s effective income tax rate for 2014 includes the net favorable impact of amortization on purchased intangibles assets, acquisition related activities, various income tax adjustments, restructuring and other costs and income related to credit risk adjustments on outstanding derivatives and which impacted income before income taxes and the provision for income taxes by $15.6 million and $2.7 million, respectively.

In 2013, the Company’s effective income tax rate included the net favorable impact of amortization on purchased intangibles assets, income related to credit risk adjustments on outstanding derivatives, integration and restructuring and other costs and various income tax adjustments which impacted income before income taxes and the provision for income taxes by $19.3 million and $17.7 million, respectively.

35

Equity in net loss of unconsolidated affiliated company

The Company’s 17% ownership investment of DIO Corporation (“DIO”) resulted in a net loss of $0.3 million and $1.8 million on an after-tax basis for the first quarter of 2014 and 2013, respectively.  The equity earnings of DIO includes the result of mark-to-market changes related to the derivative accounting for the convertible bonds issued by DIO to DENTSPLY.  The Company’s portion of the mark-to-market net income recorded by DIO for the first quarter of 2014 was approximately $0.4 million and a mark-to-market net loss recorded by DIO of approximately $1.9 million for the same period in 2013.

Net income attributable to noncontrolling interests

The portion of consolidated net income attributable to noncontrolling interests decreased $0.9 million for the three months ended March 31, 2014 as compared to the same period in 2013 as a result of the purchase of the remaining shares of a variable interest entity. The Company anticipates the transaction to be completed later in 2014.

Net Income attributable to DENTSPLY International

In addition to the results reported in accordance with US GAAP, the Company provides adjusted net income attributable to DENTSPLY International and adjusted earnings per diluted common share. The Company discloses adjusted net income attributable to DENTSPLY International to allow investors to evaluate the performance of the Company’s operations exclusive of certain items that impact the comparability of results from period to period and certain large non-cash charges related to purchased intangible assets. The Company believes that this information is helpful in understanding underlying operating trends and cash flow generation. The adjusted net income attributable to DENTSPLY International consists of net income attributable to DENTSPLY International adjusted to exclude the impact of the following:

(1) Acquisition related costs. These adjustments include costs related to integrating recently acquired businesses and specific costs related to the consummation of the acquisition process. These costs are irregular in timing and as such may not be indicative of past and future performance of the Company and are therefore excluded to allow investors to better understand underlying operating trends.

(2) Restructuring and other costs. These adjustments include both costs and income that are irregular in timing, amount and impact to the Company’s financial performance. As such, these items may not be indicative of past and future performance of the Company and are therefore excluded for the purpose of understanding underlying operating trends.

(3) Amortization of purchased intangible assets. This adjustment excludes the periodic amortization expense related to purchased intangible assets. Beginning in 2011, the Company began recording large non-cash charges related to the values attributed to purchased intangible assets. These charges have been excluded from adjusted net income attributed to DENTSPLY International to allow investors to evaluate and understand operating trends excluding these large non-cash charges.

(4) Income related to credit risk and fair value adjustments. These adjustments include both the cost and income impacts of adjustments in certain assets and liabilities that are recorded through net income which are due solely to the changes in fair value and credit risk. These items can be variable and driven more by market conditions than the Company’s operating performance. As such, these items may not be indicative of past and future performance of the Company and therefore are excluded for comparability purposes.

(5) Certain fair value adjustments related to an unconsolidated affiliated company. This adjustment represents the fair value adjustment of the unconsolidated affiliated company’s convertible debt instrument held by the Company. The affiliate is accounted for under the equity method of accounting. The fair value adjustment is driven by open market pricing of the affiliate’s equity instruments, which has a high degree of variability and may not be indicative of the operating performance of the affiliate or the Company.

(6) Income tax related adjustments. These adjustments include both income tax expenses and income tax benefits that are representative of income tax adjustments mostly related to prior periods, as well as the final settlement of income tax audits. These adjustments are irregular in timing and amount and may significantly impact the Company’s operating performance. As such, these items may not be indicative of past and future performance of the Company and therefore are excluded for comparability purposes.

Adjusted earnings per diluted common share is calculated by dividing adjusted net income attributable to DENTSPLY International by diluted weighted-average common shares outstanding. Adjusted net income attributable to DENTSPLY International and adjusted earnings per diluted common share are considered measures not calculated in accordance with US

36

GAAP, and therefore are non-US GAAP measures. These non-US GAAP measures may differ from other companies. Income tax related adjustments may include the impact to adjust the interim effective income tax rate to the expected annual effective tax rate. The non-US GAAP financial information should not be considered in isolation from, or as a substitute for, measures of financial performance prepared in accordance with US GAAP.

	Three Months Ended March 31, 2014
(in thousands, except per share amounts)	Net Income			Per Diluted Common Share
Net income attributable to DENTSPLY International	$	72,878		$	0.50
Amortization of purchased intangible assets, net of tax	8,912			0.06
Acquisition related activities, net of tax	1,966			0.01
Income tax-related adjustments	1,897			0.01
Restructuring and other costs, net of tax	644			—
Gain on fair value adjustments related to an unconsolidated affiliated company, net of tax	(203		)	—
Credit risk and fair value adjustments to outstanding derivatives, net of tax	(626		)	—
Rounding	—			0.01
Adjusted non-US GAAP earnings	$	85,468		$	0.59

	Three Months Ended March 31, 2013
(in thousands, except per share amounts)	Net Income			Per Diluted Common Share
Net income attributable to DENTSPLY International	$	71,685		$	0.49
Amortization of purchased intangible assets, net of tax	8,376			0.06
Credit risk and fair value adjustments to outstanding derivatives, net of tax	2,734			0.02
Loss on fair value adjustments related to an unconsolidated affiliated company, net of tax	1,928			0.01
Acquisition related activities, net of tax	1,353			0.01
Restructuring and other costs, net of tax	539			—
Income tax-related adjustments	(11,388		)	(0.08		)
Rounding	—			0.01
Adjusted non-US GAAP earnings	$	75,227		$	0.52

Operating Segment Results

Third Party Net Sales, Excluding Precious Metal Content

	Three Months Ended
	March 31,
(in millions)	2014		2013		$ Change		% Change
Dental Consumable Businesses	$	173.9	$	163.6	$	10.3	6.3	%
Dental Specialty and Laboratory Businesses	$	391.7	$	388.9	$	2.8	0.7	%
Healthcare and Emerging Markets Businesses	$	124.8	$	121.5	$	3.3	2.7	%

37

Segment Operating Income

	Three Months Ended
	March 31,
(in millions)	2014		2013		$ Change		% Change
Dental Consumable Businesses	$	58.5	$	54.3	$	4.2	7.7	%
Dental Specialty and Laboratory Businesses	$	73.9	$	69.7	$	4.2	6.0	%
Healthcare and Emerging Markets Businesses	$	4.7	$	1.5	$	3.2	213.3	%

Dental Consumable Businesses

Net sales, excluding precious metal content, increased $10.3 million, or 6.3% during the three months ended March 31, 2014 compared to 2013.  On a constant currency basis, net sales, excluding precious metal content, increased 5.5% as compared to the same period in 2013 led by growth in the Europe and Rest of World.

Operating income increased $4.2 million for the three months ended March 31, 2014 compared to 2013. The improvement in operating income was primarily the result of sales growth.

Dental Specialty and Laboratory Businesses

Net sales, excluding precious metal content, increased $2.8 million for the three months ended March 31, 2014 compared to 2013. On a constant currency basis, net sales, excluding precious metal content, were essentially flat when compared to the same period a year ago.

Operating income increased $4.2 million compared to the same period 2013, primarily due to lower expenses in implant and laboratory businesses.

Healthcare and Emerging Markets Businesses

Net sales, excluding precious metal content, increased $3.3 million, or 2.7% during the three months ended March 31, 2014 compared to 2013.  On a constant currency basis, net sales, excluding precious metal content, increased 3.0% when compared to the same period of 2013.  The growth was primarily related to increased sales of consumable medical device and dental specialty products.

Operating income improved $3.2 million during the three months ended March 31, 2014 compared to 2013 primarily due to lower expenses in the healthcare business.

CRITICAL ACCOUNTING POLICIES

Except as noted below, there have been no other significant material changes to the critical accounting policies as disclosed in the Company’s Form 10-K for the year ended December 31, 2013.

LIQUIDITY AND CAPITAL RESOURCES

Three months ended March 31, 2014

Cash flow from operating activities during the three months ended March 31, 2014 was $64.6 million compared to $36.1 million during the three months ended March 31, 2013. The improvement in the first quarter cash from operations of $29.8 million was primarily the result of substantially lower cash taxes paid for the quarter ended as compared to the year ago period. The Company’s cash, cash equivalents and short-term investments decreased by $19.1 million to $55.8 million during the quarter ended March 31, 2014.

For the quarter ended March 31, 2014, the number of days for sales outstanding in accounts receivable increased by five days to 61 days as compared to 56 days at December 31, 2013. On a constant currency basis, the number of days of sales in inventory increased by six days to 120 days at March 31, 2014 as compared to 114 days at December 31, 2013. The Company has strategically

38

increased inventory in a few businesses as part of transition plans associated with anticipated operational changes.  The Company anticipates that inventory levels may continue to increase slightly in 2014 before gradually returning to more normal levels by the end of 2015.

Investing activities during the first three months of 2014 include capital expenditures of $25.3 million and the acquisition of intellectual property rights for $1.3 million. The Company expects capital expenditures to be approximately $120.0 million for the full year 2014.

At March 31, 2014, the Company had authorization to maintain up to 34.0 million shares of treasury stock under the stock repurchase program as approved by the Board of Directors. Under this program, the Company repurchased 0.9 million shares during the first quarter for $40.4 million. As of March 31, 2014, the Company held 21.0 million shares of treasury stock. The Company received proceeds of $4.2 million as a result of the exercise of 0.1 million of stock options during the three months ended March 31, 2014.

The Company's total borrowings decreased by a net $7.4 million during the three months ended March 31, 2014, which includes an increase of $3.1 million due to exchange rate fluctuations on debt denominated in foreign currencies. The Company refinanced a portion of the first required payment of $75.0 million under the Private Placement Notes due February 2016 by issuing commercial paper and results in a net increase of $64.9 million to short-term borrowings. The second required payment of $100.0 million under the Private Placement Notes is due in February 2015 and has been classified as current on the balance sheet. At March 31, 2014, the Company's ratio of total net debt to total capitalization was 35.9% compared to 35.2% at December 31, 2013. The Company defines net debt as total debt, including current and long-term portions, less cash and cash equivalents and total capitalization as the sum of net debt plus equity.

Under its five-year multi-currency revolving credit agreement, the Company is able to borrow up to $500.0 million through July 27, 2016. The facility is unsecured and contains certain affirmative and negative covenants relating to the operations and financial condition of the Company. The most restrictive of these covenants pertain to asset dispositions and prescribed ratios of indebtedness to total capital and operating income plus depreciation and amortization to interest expense. At March 31, 2014, the Company was in compliance with these covenants. The Company also has available an aggregate $500.0 million under a U.S. dollar commercial paper facility. The five-year revolver serves as a back-up to the commercial paper facility, thus the total available credit under the commercial paper facility and the multi-currency revolving credit facilities in the aggregate is $500.0 million. At March 31, 2014, outstanding borrowings were $164.6 million under the multi-currency revolving facility.

The Company also has access to $77.4 million in uncommitted short-term financing under lines of credit from various financial institutions. The lines of credit have no major restrictions and are provided under demand notes between the Company and the lending institutions. At March 31, 2014, the Company had $6.6 million outstanding under these short-term lines of credit. At March 31, 2014, the Company had total unused lines of credit related to the revolving credit agreement and the uncommitted short-term lines of credit of $406.3 million.

At March 31, 2014, the Company held $79.4 million of precious metals on consignment from several financial institutions. The consignment agreements allow the Company to acquire the precious metal at market rates at a point in time which is approximately the same time and for the same price as alloys are sold to the Company's customers. In the event that the financial institutions would discontinue offering these consignment arrangements, and if the Company could not obtain other comparable arrangements, the Company may be required to obtain third party financing to fund an ownership position in the required precious metal inventory levels.

At March 31, 2014, the majority of the Company's cash and cash equivalents were held outside of the United States. Most of these balances could be repatriated to the United States, however, under current law, would potentially be subject to U.S. federal income tax, less applicable foreign tax credits. Historically, the Company has generated more than sufficient operating cash flows in the United States to fund domestic operations. Further, the Company expects on an ongoing basis, to be able to finance domestic and international cash requirements, including capital expenditures, stock repurchases, debt service, operating leases and potential future acquisitions, from the funds generated from operations and amounts available under its existing credit facilities. The Company intends to finance the current portion of long-term debt due in 2014 utilizing the available commercial paper and the revolving credit facilities as well as other sources of credit.

There have been no material changes to the Company's scheduled contractual cash obligations disclosed in its Form 10-K for the year ended December 31, 2013.

39

NEW ACCOUNTING PRONOUNCEMENTS

Refer to Part 1, Item 1, Note 1, Significant Accounting Policies, to the Unaudited Interim Consolidated Financial Statements for a discussion of recent accounting standards and pronouncements.

Item 3 – Quantitative and Qualitative Disclosures about Market Risk

There have been no significant material changes to the market risks as disclosed in the Company’s Form 10-K for the year ended December 31, 2013.

Item 4 – Controls and Procedures

Conclusion Regarding the Effectiveness of Disclosure Controls and Procedures

The Company’s management, with the participation of the Company’s Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of the Company’s disclosure controls and procedures as of the end of the period covered by this report.  Based on that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities and Exchange Act of 1934, as amended) as of the end of the period covered by this report were effective to provide reasonable assurance that the information required to be disclosed by the Company in reports filed under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and that it is accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.

Changes in Internal Control Over Financial Reporting

There have been no changes in the Company’s internal controls over financial reporting that occurred during the most recent quarter to which this report relates that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

40

PART II – OTHER INFORMATION

Item 1 – Legal Proceedings

Reference to Part I, Item 1, Note 15, Commitments and Contingencies, to the Unaudited Interim Consolidated Financial Statements.

Item 1A – Risk Factors

Except as noted below, there have been no significant material changes to the risk factors as disclosed in the Company’s Form 10-K for the year ended December 31, 2013.

Item 2 – Unregistered Sales of Securities and Use of Proceeds

Issuer Purchases of Equity Securities

At March 31, 2014, the Company had authorization to maintain up to 34.0 million shares of treasury stock under the stock repurchase program as approved by the Board of Directors.  During the quarter ended March 31, 2014, the Company had the following activity with respect to this repurchase program:

(in thousands, except per share amounts)
Period	Total Number of Shares Purchased	Average Price Paid Per Share		Total Cost of Shares Purchased		Number of Shares that May be Purchased Under the Share Repurchase Program
January 1, 2014 to January 31, 2014	57.6	$	48.39	$	2,786.2	13,472.0
February 1, 2014 to February 28, 2014	723.0	45.65		33,009.7		12,959.4
March 1, 2014 to March 31, 2014	99.6	46.15		4,599.0		13,014.0
	880.2	$	45.89	$	40,394.9

41

Item 6 – Exhibits

Exhibit Number	Description
31	Section 302 Certification Statements
32	Section 906 Certification Statements
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Extension Labels Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

DENTSPLY International Inc.

/s/	Bret W. Wise	May 6, 2014
	Bret W. Wise	Date
	Chairman of the Board and
	Chief Executive Officer

/s/	Christopher T. Clark	May 6, 2014
	Christopher T. Clark	Date
	President and
	Chief Financial Officer

42

EX-31

Exhibit 31.1

Section 302 Certifications Statement

I, Bret W. Wise, certify that:

1. I have reviewed this Form 10-Q of DENTSPLY International Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: May 6, 2014

/s/	Bret W. Wise
	Bret W. Wise
	Chairman of the Board and
	Chief Executive Officer

Exhibit 31.2

Section 302 Certifications Statement

I, Christopher T. Clark, certify that:

1. I have reviewed this Form 10-Q of DENTSPLY International Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: May 6, 2014

/s/	Christopher T. Clark
	Christopher T. Clark
	President and
	Chief Financial Officer

EX-32

Exhibit 32

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of DENTSPLY International Inc. (the “Company”) on Form 10-Q for the period ending March 31, 2014 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), We, Bret W. Wise, Chairman of the Board of Directors and Chief Executive Officer of the Company and Christopher T. Clark, President and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of our knowledge and belief:

(1) The Report fully complies with the requirements of Sections 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company as of the date of the Report.

/s/	Bret W. Wise
	Bret W. Wise
	Chairman of the Board and
	Chief Executive Officer

/s/	Christopher T. Clark
	Christopher T. Clark
	President and
	Chief Financial Officer

May 6, 2014

XML

STOCK COMPENSATION Unvested RSU Transactions (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Weighted Average Grant Date Fair Value
Unvested beginning balance (in dollars per share)	$ 41.36	$ 38.81
Granted (in dollars per share)	$ 45.11
Vested (in dollars per share)	$ 36.61
Forfeited (in dollars per share)	$ 40.78
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	1,213
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	427
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	261
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	84
Number of Shares [Roll Forward]
Unvested beginning balance (in shares)	1,131
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	427
Vested (in shares)	(261)
Forfeited (in shares)	(84)
Unvested ending balance (in shares)	1,213

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BENEFIT PLANS Information Related to the Contributions to the Company's Benefit Plans (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Pension Plans, Defined Benefit [Member]
Schedule of Employee Benefit Plans [Line Items]
Actual contributions through June 30, 2012	$ 3,671
Projected for the remainder of the year	8,940
Defined Benefit Plan, Expected Contributions in Current Fiscal Year	12,611
Other Postretirement Benefit Plans, Defined Benefit [Member]
Schedule of Employee Benefit Plans [Line Items]
Actual contributions through June 30, 2012	75
Projected for the remainder of the year	427
Defined Benefit Plan, Expected Contributions in Current Fiscal Year	$ 502

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SEGMENT INFORMATION Intersegment Net Sales (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue, Net	$ 730,114		$ 732,084
Total	0		0
Intersegment Eliminations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue, Net	(142,923)		(133,736)
Intersegment Eliminations [Member] | Dental Consumable Businesses [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue, Net	28,601		30,230
Intersegment Eliminations [Member] | Dental Specialty and Laboratory Businesses [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue, Net	50,231		42,965
Intersegment Eliminations [Member] | Healthcare and Emerging Markets Businesses [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue, Net	3,306		3,114
Intersegment Eliminations [Member] | All Other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue, Net	$ 60,785	[1]	$ 57,427	[1]

[1] (c) Includes amounts recorded at Corporate headquarters and one distribution warehouse not managed by named segments.

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FAIR VALUE MEASUREMENT Reconciliation Assets Measured at Fair Value on a Recurring Basis Using Unobservable Inputs (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Corporate Bond Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	$ 70,019
Unrealized Loss Reported in AOCI	(2,970)
Effect of exchange rate changes	124
Ending Balance	67,173
Dio Equity Option Contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	(142)
Unrealized Gain Reported in other expense (income), net	(228)
Effect of exchange rate changes	0
Ending Balance	$ (370)

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RESTRUCTURING AND OTHER COSTS Additional Information (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
RESTRUCTURING AND OTHER COSTS [Abstract]
Restructuring and Related Cost, Expected Cost	$ 0.8	$ 0.7

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SEGMENT INFORMATION Net Sales (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Net sales	$ 730,114		$ 732,084
Operating Segments [Member] | Healthcare and Emerging Markets Businesses [Member]
Net sales	124,946		121,739
Operating Segments [Member] | Dental Specialty and Laboratory Businesses [Member]
Net sales	432,407		447,977
Operating Segments [Member] | Dental Consumable Businesses [Member]
Net sales	173,976		163,707
Operating Segments [Member] | All Other
Net sales	$ (1,215)	[1]	$ (1,339)	[1]

[1] (a) Includes amounts recorded at Corporate headquarters

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FAIR VALUE MEASUREMENT (Tables)

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements [Abstract]

Financial Assets and Liabilities that are Recorded at Fair Value and Classified Based on the Lowest Level of Input

The following tables set forth by level within the fair value hierarchy the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis at March 31, 2014 and December 31, 2013, which are classified as “Cash and cash equivalents,” “Prepaid expenses and other current assets,” “Other noncurrent assets, net,” “Accrued liabilities,” and “Other noncurrent liabilities” in the Consolidated Balance Sheets.  Financial assets and liabilities that are recorded at fair value as of the balance sheet date are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

	March 31, 2014
(in thousands)	Total		Level 1		Level 2		Level 3
Assets
Interest rate swaps	$	1,887	$	—	$	1,887	$	—
Cross currency basis swaps	761		—		761		—
Foreign exchange forward contracts	3,489		—		3,489		—
DIO Corporation convertible bonds	67,173		—		—		67,173
Total assets	$	73,310	$	—	$	6,137	$	67,173
Liabilities
Interest rate swaps	$	1,379	$	—	$	1,379	$	—
Commodity contracts	167		—		167		—
Cross currency basis swaps	61,896		—		61,896		—
Foreign exchange forward contracts	13,137		—		13,137		—
Long term debt	106,897		—		106,897		—
DIO equity option contracts	370		—		—		370
Total liabilities	$	183,846	$	—	$	183,476	$	370

	December 31, 2013
(in thousands)	Total		Level 1		Level 2		Level 3
Assets
Interest rate swaps	$	2,406	$	—	$	2,406	$	—
Commodity contracts	1		—		1		—
Cross currency basis swaps	530		—		530		—
Foreign exchange forward contracts	4,900		—		4,900		—
DIO Corporation convertible bonds	70,019		—		—		70,019
Total assets	$	77,856	$	—	$	7,837	$	70,019
Liabilities
Interest rate swaps	$	1,226	$	—	$	1,226	$	—
Commodity contracts	435		—		435		—
Cross currency basis swaps	59,128		—		59,128		—
Foreign exchange forward contracts	13,548		—		13,548		—
Long term debt	152,370		—		152,370		—
DIO equity option contracts	142		—		—		142
Total liabilities	$	226,849	$	—	$	226,707	$	142

Reconciliation of the Company's Assets Measured at Fair Value on a Recurring Basis Using Unobservable Inputs (Level 3):

The following table presents a reconciliation of the Company’s Level 3 holdings measured at fair value on a recurring basis using unobservable inputs:

(in thousands)	DIO Corporation Convertible Bonds			DIO Equity Options Contracts
Balance at December 31, 2013	$	70,019		$	(142	)
Unrealized loss:
Reported in AOCI, pretax	(2,970		)	—
Unrealized gain:
Reported in other expense (income), net	—			(228		)
Effects of exchange rate changes	124			—
Balance at March 31, 2014	$	67,173		$	(370	)

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FINANCING ARRANGEMENTS Long-Term Borrowings (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014
Line of Credit Facility [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity	$ 406.3
Commercial Paper [Member]
Line of Credit Facility [Line Items]
Long-term Debt	75.0
Private Placement [Member]
Line of Credit Facility [Line Items]
Short-term Debt	$ 100.0

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RESTRUCTURING AND OTHER COSTS Provisions and Adjustments and Amounts Applied for All Plans by Segment (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 1,671
Restructuring Reserve [Roll Forward]
Beginning Balance	8,608
Amounts applied	(3,095)
Ending Balance	6,527
Restructuring Reserve, Accrual Adjustment	(657)
Dental Consumable Businesses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	940
Restructuring Reserve [Roll Forward]
Beginning Balance	656
Amounts applied	(36)
Ending Balance	1,560
Restructuring Reserve, Accrual Adjustment	0
Dental Specialty and Laboratory Businesses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	227
Restructuring Reserve [Roll Forward]
Beginning Balance	6,333
Amounts applied	(2,259)
Ending Balance	3,644
Restructuring Reserve, Accrual Adjustment	657
Healthcare and Emerging Markets Businesses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	504
Restructuring Reserve [Roll Forward]
Beginning Balance	1,245
Amounts applied	(491)
Ending Balance	1,258
Restructuring Reserve, Accrual Adjustment	0
All Other
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	0
Restructuring Reserve [Roll Forward]
Beginning Balance	374
Amounts applied	309
Ending Balance	65
Restructuring Reserve, Accrual Adjustment	0
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	1,552
Restructuring Reserve [Roll Forward]
Beginning Balance	7,046
Amounts applied	(2,720)
Ending Balance	5,178
Restructuring Reserve, Accrual Adjustment	(700)
Restructuring Fiscal 2012 And Prior Plans [Member] | Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	44
Restructuring Reserve [Roll Forward]
Beginning Balance	1,282
Amounts applied	(564)
Ending Balance	762
Restructuring Reserve, Accrual Adjustment	0
Restructuring Fiscal 2013 Plans [Member] | Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	3
Restructuring Reserve [Roll Forward]
Beginning Balance	5,764
Amounts applied	(2,154)
Ending Balance	2,913
Restructuring Reserve, Accrual Adjustment	(700)
Restructuring Fiscal 2014 Plans [Member] | Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	1,505
Restructuring Reserve [Roll Forward]
Beginning Balance	0
Amounts applied	(2)
Ending Balance	1,503
Restructuring Reserve, Accrual Adjustment	$ 0

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Commitments and Contingencies - Additional Information (Detail)	1 Months Ended
	Jun. 30, 2004 San Francisco County, California	Jan. 31, 2014 Eastern District of Pennsylvania	Dec. 31, 2006 Eastern District of Pennsylvania
Commitments and Contingencies Disclosure [Line Items]
Lawsuit filing date	June 18, 2004	2014-01-20	December 12, 2006
Name of plaintiff(s)	Marvin Weinstat, DDS and Richard Nathan, DDS	Former and Current Employees	Carole Hildebrand, DDS and Robert Jaffin, DDS and Dr. Mitchell Goldman
Class action law suit filed	On June 18, 2004, Marvin Weinstat, DDS and Richard Nathan, DDS filed a class action suit in San Francisco County, California alleging that the Company misrepresented that its Cavitron® ultrasonic scalers are suitable for use in oral surgical procedures.	On January 20, 2014, the Company was served with a qui tam complaint filed by two former and one current employee of the Company under the Federal False Claims Act and equivalent state and city laws. The lawsuit was previously under seal in the U.S. District Court for the Eastern District of Pennsylvania	On December 12, 2006, a Complaint was filed by Carole Hildebrand, DDS and Robert Jaffin, DDS in the Eastern District of Pennsylvania (the Plaintiffs subsequently added Dr. Mitchell Goldman as a named class representative).  The case was filed by the same law firm that filed the Weinstat case in California.  The Complaint asserts putative class action claims on behalf of dentists located in New Jersey and Pennsylvania.

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FAIR VALUE MEASUREMENT Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014 Corporate Bond Securities	Mar. 31, 2014 Fixed rate senior notes $450 million due August 2021	Mar. 31, 2014 Estimate of Fair Value, Fair Value Disclosure	Dec. 31, 2013 Estimate of Fair Value, Fair Value Disclosure	Mar. 31, 2014 Carrying (Reported) Amount, Fair Value Disclosure	Dec. 31, 2013 Carrying (Reported) Amount, Fair Value Disclosure	Mar. 31, 2014 Tranche C Unsecured Senior Notes	Mar. 31, 2014 Tranche B Unsecured Senior Notes	Mar. 31, 2014 Tranche A Unsecured Senior Notes	Mar. 31, 2014 Private Placement Notes U.S. Dollar Denominated Expiring March 2016	Mar. 31, 2014 Fixed Rate Senior Notes U.S. Dollar Denominated Due August 2016
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	40.00%
Long-term Debt			$ 1,335.2	$ 1,387.7	$ 1,298.4	$ 1,370.8
Senior Notes							$ 450.0	$ 300.0	$ 250.0
Debt, fixed rate		4.10%								4.20%	2.80%
Discount rate	13.00%

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STOCK COMPENSATION Stock Compensation (Tables)

3 Months Ended

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity

he following table reflects the non-qualified stock option transactions from December 31, 2013 through March 31, 2014:

	Outstanding						Exercisable
(in thousands, except per share data)	Shares		Weighted Average Exercise Price		Aggregate Intrinsic Value		Shares	Weighted Average Exercise Price		Aggregate Intrinsic Value
Balance at December 31, 2013	8,295		$	35.04	$	111,450	6,225	$	33.67	$	92,200
Granted	851		45.11
Exercised	(125	)	33.10
Cancelled	(4	)	45.15
Forfeited	(7	)	38.72
Balance at March 31, 2014	9,010		$	36.02	$	90,324	7,092	$	34.35	$	82,916

Schedule of Stock Based Compensation

The following table represents total stock based compensation expense for non-qualified stock options, restricted stock units (“RSU”) and the tax related benefit for the three months ended March 31, 2014 and 2013:

	Three Months Ended
(in thousands)	2014		2013
Stock option expense	$	1,674	$	2,128
RSU expense	3,719		2,933
Total stock based compensation expense	$	5,393	$	5,061
Total related tax benefit	$	1,564	$	1,287

Schedule of Nonvested Share Activity

The following table summarizes the unvested RSU transactions from December 31, 2013 through March 31, 2014:

(in thousands, except per share data)	Shares		Weighted Average Grant Date Fair Value
Balance at December 31, 2013	1,131		$	38.81
Granted	427		45.11
Vested	(261	)	36.61
Forfeited	(84	)	40.78
Balance at March 31, 2014	1,213		$	41.36

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SEGMENT INFORMATION Assets (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014		Dec. 31, 2013
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 5,089,433		$ 5,078,047
Operating Segments [Member] | Dental Consumable Businesses [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	699,477		699,386
Operating Segments [Member] | Dental Specialty and Laboratory Businesses [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	3,380,841		3,404,604
Operating Segments [Member] | Healthcare and Emerging Markets Businesses [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	932,147		869,907
Operating Segments [Member] | All Other
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 76,968	[1]	$ 104,150	[1]

[1] (e) Includes the assets of Corporate headquarters, inter-segment eliminations and one distribution warehouse not managed by named segments.

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COMPREHENSIVE INCOME Reclassification out of Accumulated Other Comprehensive Income (Expense) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Reclassification of Acuumulated Other Comprehensive Income [Line Items]
Cost of Goods Sold	$ 335,909		$ 343,884
Selling, General and Administrative Expense	287,842		293,677
Income Tax Expense (Benefit)	22,452		3,542
Net Income (Loss) Available to Common Stockholders, Basic	(2,563)		(1,063)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Reclassification of Acuumulated Other Comprehensive Income [Line Items]
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	(2,917)		(287)
Income Tax Expense (Benefit)	826		165
Net Income (Loss) Available to Common Stockholders, Basic	(2,091)		(122)
Accumulated Defined Benefit Plans Adjustment [Member]
Reclassification of Acuumulated Other Comprehensive Income [Line Items]
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	(685)		(1,334)
Income Tax Expense (Benefit)	213		393
Net Income (Loss) Available to Common Stockholders, Basic	(472)		(941)
Other Comprehensive Income (Loss), Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service Cost (Credit), before Tax	34	[1]	34	[1]
Other Comprehensive Income (Loss) adjustment from AOCI,Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), before Tax	$ (719)	[1]	$ (1,368)	[1]

[1] a) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for the three months ended March 31, 2014 and 2013 (see Note 8, Benefit Plans, for additional details).

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GOODWILL AND INTANGIBLE ASSETS Identifiable Definite-Lived Intangible Assets (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 801,318	$ 796,827
Accumulated Amortization	(243,811)	(231,103)
Net Carrying Amount	557,507	565,724
Identifiable Intangible Assets Gross	1,029,808	1,026,426
Intangible Assets, Net (Excluding Goodwill)	785,997	795,323
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	228,490	229,599
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	500,396	497,108
Accumulated Amortization	(91,075)	(82,381)
Net Carrying Amount	409,321	414,727
Licensing Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	32,180	31,950
Accumulated Amortization	(21,468)	(20,992)
Net Carrying Amount	10,712	10,958
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	85,917	85,922
Accumulated Amortization	(37,193)	(35,994)
Net Carrying Amount	48,724	49,928
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	182,825	181,847
Accumulated Amortization	(94,075)	(91,736)
Net Carrying Amount	$ 88,750	$ 90,111

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STOCK COMPENSATION Total Stock Based Compensation Expense and the Tax Related Benefit (Details) (USD $)
In Thousands, unless otherwise specified

3 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Compensation, Stock Options, Activity

he following table reflects the non-qualified stock option transactions from December 31, 2013 through March 31, 2014:

	Outstanding						Exercisable
(in thousands, except per share data)	Shares		Weighted Average Exercise Price		Aggregate Intrinsic Value		Shares	Weighted Average Exercise Price		Aggregate Intrinsic Value
Balance at December 31, 2013	8,295		$	35.04	$	111,450	6,225	$	33.67	$	92,200
Granted	851		45.11
Exercised	(125	)	33.10
Cancelled	(4	)	45.15
Forfeited	(7	)	38.72
Balance at March 31, 2014	9,010		$	36.02	$	90,324	7,092	$	34.35	$	82,916

Total related tax benefit

$ 1,564

$ 1,287

Allocated Share-based Compensation Expense

5,393

5,061

Employee Stock Option [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Allocated Share-based Compensation Expense

1,674

2,128

Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Allocated Share-based Compensation Expense

$ 3,719

$ 2,933

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INVENTORIES Inventories (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Inventory, Net [Abstract]
Finished goods	$ 286,141	$ 285,271
Work-in-process	72,874	67,718
Raw materials and supplies	96,059	85,570
Inventory, net	$ 455,074	$ 438,559

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FINANCIAL INSTRUMENTS AND DERIVATIVES Amounts recorded in AOCI related to cash flow hedging instruments (Detail) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	$ (1,035,000)	$ (94,142,000)
Accumulated Translation Adjustment [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	800,000	(101,900,000)
Net Investment Hedging [Member] | Accumulated Translation Adjustment [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax	$ (1,900,000)	$ 8,500,000

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FINANCIAL INSTRUMENTS AND DERIVATIVES Summary of Notional Amounts and Fair Value of the Company's Fair Value Hedges (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Derivative [Line Items]
Other Comprehensive Income (Loss), Net of Tax	$ (1,001)	$ (55,608)
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest Rate Swap
Derivative [Line Items]
Derivative, Notional Amount	105,000
Derivative, Notional amount maturing within 12 months	$ 60,000

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SEGMENT INFORMATION Net Sales, Excluding Precious Metal Content (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Statement [Line Items]
Net Sales, excluding precious metal content	$ 689,182		$ 672,649
Precious metal content of sales	40,932		59,435
Net Sales, including precious metal content	730,114		732,084
Operating Segments [Member] | Healthcare and Emerging Markets Businesses [Member]
Statement [Line Items]
Net Sales, excluding precious metal content	124,802		121,463
Net Sales, including precious metal content	124,946		121,739
Operating Segments [Member] | Dental Specialty and Laboratory Businesses [Member]
Statement [Line Items]
Net Sales, excluding precious metal content	391,681		388,916
Net Sales, including precious metal content	432,407		447,977
Operating Segments [Member] | Dental Consumable Businesses [Member]
Statement [Line Items]
Net Sales, excluding precious metal content	173,914		163,609
Net Sales, including precious metal content	173,976		163,707
Operating Segments [Member] | All Other
Statement [Line Items]
Net Sales, excluding precious metal content	(1,215)	[1]	(1,339)	[1]
Net Sales, including precious metal content	$ (1,215)	[2]	$ (1,339)	[2]

[1] (b) Includes amounts recorded at Corporate headquarters

[2] (a) Includes amounts recorded at Corporate headquarters

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SIGNIFICANT ACCOUNTING POLICIES

3 Months Ended

Mar. 31, 2014

Accounting Policies [Abstract]

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES

The accounting policies of the Company, as applied in the interim consolidated financial statements presented herein are substantially the same as presented in the Company’s Form 10-K for the year ended December 31, 2013, except as may be indicated below:

Accounts and Notes Receivable

The Company sells dental and certain healthcare products through a worldwide network of distributors and directly to end users.  For customers on credit terms, the Company performs ongoing credit evaluations of those customers’ financial condition and generally does not require collateral from them.  The Company establishes allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments based on historical averages of aged receivable balances and the Company’s experience in collecting those balances, customer specific circumstances, as well as changes in the economic and political environments.  The Company records a provision for doubtful accounts, which is included in “Selling, general and administrative expenses” on the Consolidated Statements of Operations.

Accounts and notes receivables – trade, net are stated net of allowances for doubtful accounts and trade discounts, which were $12.4 millionat March 31, 2014 and $14.7 million at December 31, 2013.

Marketable Securities

The Company’s marketable securities consist of corporate convertible bonds that are classified as available-for-sale in “Other noncurrent assets, net” on the Consolidated Balance Sheets as the instruments mature in December 2015. The Company determined the appropriate classification at the time of purchase and will re-evaluate such designation as of each balance sheet date. In addition, the Company reviews the securities each quarter for indications of possible impairment. If an impairment is identified, the determination of whether the impairment is temporary or other-than-temporary requires significant judgment. The primary factors that the Company considers in making this judgment include the extent and time the fair value of each investment has been below cost and the existence of a credit loss. If a decline in fair value is judged other-than-temporary, the basis of the securities is written down to fair value and the amount of the write-down is included as a realized loss in the Consolidated Statement of Operations. Changes in fair value are reported in accumulated other comprehensive income (“AOCI”).

 The convertible element of the bonds has not been bifurcated from the underlying bonds as the element does not contain a net-settlement feature, nor would the Company be able to achieve a hypothetical net-settlement that would substantially place the Company in a comparable cash settlement position.  As such, the derivative is not accounted for separately from the bond.  The cash paid by the Company was equal to the face value of the bonds issued, and therefore, the Company has not recorded any bond premium or discount on acquiring the bonds.  The fair value of the bonds was $67.2 million and $70.0 million at March 31, 2014 and December 31, 2013, respectively.  At March 31, 2014 and December 31, 2013, an unrealized holding gain of $10.7 million and $12.7 million, respectively, on available-for-sale securities, net of tax, has been recorded in AOCI. 

Revisions in Classification

Certain revisions in classification have been made to prior year’s data in order to conform to current year presentation.

New Accounting Pronouncements

In March 2013, the FASB issued ASU No. 2013-05, “Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity.” This newly issued accounting standard requires a cumulative translation adjustment (“CTA”)attached to the parent’s investment in a foreign entity should be released in a manner consistent with the derecognition guidance on investment entities. Thus the entire amount of CTA associated with the foreign entity would be released when there has been a sale of a subsidiary or group of net assets within a foreign entity and the sale represents a complete liquidation of the investment in the foreign entity, a loss of a controlling financial interest in an investment in a foreign entity, or step acquisition for a foreign entity. The Company adopted this accounting standard for the quarter ended March 31, 2014. The adoption of this standard did not materially impact the Company’s financial position or results of operations.

In July 2013, the FASB issued ASU No. 2013-11, “Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit when a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” The newly issued accounting standard requires the netting of unrecognized tax benefits against a deferred tax asset for a loss or other carryforward that would apply in settlement of the uncertain tax positions. Under the new standard, unrecognized tax benefits will be netted against all available same-jurisdiction losses or other tax carryforwards that would be utilized, rather than only against carryforwards that are created by the unrecognized tax benefit. The Company adopted this accounting standard for the quarter ended March 31, 2014. The adoption of this standard did not materially impact the Company’s financial position or results of operations.

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FINANCIAL INSTRUMENTS AND DERIVATIVES Fair value and Location on the Consolidated Balance Sheets (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Prepaid Expenses and Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Designated as Hedges	$ 4,167	$ 2,836
Derivative Assets Not Designated as Hedges	1,299	3,128
Other Noncurrent Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Designated as Hedges	671	1,873
Derivative Assets Not Designated as Hedges	0	0
Accrued Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Designated as Hedges	13,528	13,403
Derivative Liabilities Not Designated as Hedges	40,093	40,964
Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Designated as Hedges	20,763	17,773
Derivative Liabilities Not Designated as Hedges	2,565	2,339
Foreign Exchange Forward | Prepaid Expenses and Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Designated as Hedges	1,777	1,517
Derivative Assets Not Designated as Hedges	1,299	3,128
Foreign Exchange Forward | Other Noncurrent Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Designated as Hedges	413	255
Derivative Assets Not Designated as Hedges	0	0
Foreign Exchange Forward | Accrued Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Designated as Hedges	9,699	10,280
Derivative Liabilities Not Designated as Hedges	3,091	2,328
Foreign Exchange Forward | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Designated as Hedges	347	940
Derivative Liabilities Not Designated as Hedges	0	0
Commodity Contract [Member] | Prepaid Expenses and Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Designated as Hedges	0	0
Commodity Contract [Member] | Other Noncurrent Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Designated as Hedges	0	1
Commodity Contract [Member] | Accrued Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Designated as Hedges	167	434
Commodity Contract [Member] | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Designated as Hedges	0	1
Interest Rate Swap | Prepaid Expenses and Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Designated as Hedges	1,629	789
Derivative Assets Not Designated as Hedges	0	0
Interest Rate Swap | Other Noncurrent Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Designated as Hedges	258	1,617
Derivative Assets Not Designated as Hedges	0	0
Interest Rate Swap | Accrued Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Designated as Hedges	501	466
Derivative Liabilities Not Designated as Hedges	83	85
Interest Rate Swap | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Designated as Hedges	567	419
Derivative Liabilities Not Designated as Hedges	228	256
Cross Currency Basis Swaps | Prepaid Expenses and Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Designated as Hedges	761	530
Derivative Assets Not Designated as Hedges	0	0
Cross Currency Basis Swaps | Other Noncurrent Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Designated as Hedges	0	0
Derivative Assets Not Designated as Hedges	0	0
Cross Currency Basis Swaps | Accrued Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Designated as Hedges	3,161	2,223
Derivative Liabilities Not Designated as Hedges	36,919	38,551
Cross Currency Basis Swaps | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Designated as Hedges	19,849	16,413
Derivative Liabilities Not Designated as Hedges	1,967	1,941
Dio Equity Option Contracts | Prepaid Expenses and Other Current Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Not Designated as Hedges	0	0
Dio Equity Option Contracts | Other Noncurrent Assets
Derivatives, Fair Value [Line Items]
Derivative Assets Not Designated as Hedges	0	0
Dio Equity Option Contracts | Accrued Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Not Designated as Hedges	0	0
Dio Equity Option Contracts | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities Not Designated as Hedges	$ 370	$ 142

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EARNINGS PER COMMON SHARE Additional Information (Detail) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Disclosure - Earnings per Common Share - Additional Information [Abstract]
Antidilutive common stock options not included in the computation of diluted earnings per common share (in shares)	1.5	3.5

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INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements [Abstract]

Inventories, net

Inventories, net of inventory valuation reserves, consist of the following:

(in thousands)	March 31, 2014		December 31, 2013
Finished goods	$	286,141	$	285,271
Work-in-process	72,874		67,718
Raw materials and supplies	96,059		85,570
Inventories, net	$	455,074	$	438,559

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SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Net Sales

The following tables set forth information about the Company’s segments for the three months ended March 31, 2014 and 2013:

Third Party Net Sales

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	173,976		$	163,707
Dental Specialty and Laboratory Businesses	432,407			447,977
Healthcare and Emerging Markets Businesses	124,946			121,739
All Other (a)	(1,215		)	(1,339		)
Total net sales	$	730,114		$	732,084

(a) Includes amounts recorded at Corporate headquarters

Net Sales, Excluding Precious Metal Content

Third Party Net Sales, Excluding Precious Metal Content

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	173,914		$	163,609
Dental Specialty and Laboratory Businesses	391,681			388,916
Healthcare and Emerging Markets Businesses	124,802			121,463
All Other (b)	(1,215		)	(1,339		)
Total net sales, excluding precious metal content	689,182			672,649
Precious metal content of sales	40,932			59,435
Total net sales, including precious metal content	$	730,114		$	732,084

(b) Includes amounts recorded at Corporate headquarters

Intersegment Net Sales

Inter-segment Net Sales

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	28,601		$	30,230
Dental Specialty and Laboratory Businesses	50,231			42,965
Healthcare and Emerging Markets Businesses	3,306			3,114
All Other (c)	60,785			57,427
Eliminations	(142,923		)	(133,736		)
Total	$	—		$	—

(c) Includes amounts recorded at Corporate headquarters and one distribution warehouse not managed by named segments.

Segment Operating Income

Segment Operating Income (Loss)

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	58,509		$	54,315
Dental Specialty and Laboratory Businesses	73,913			69,678
Healthcare and Emerging Markets Businesses	4,724			1,466
All Other (d)	(30,783		)	(30,936		)
Segment operating income	106,363			94,523
Reconciling Items:
Restructuring and other costs	793			665
Interest expense	10,955			15,221
Interest income	(1,435		)	(2,175		)
Other expense (income), net	388			2,918
Income before income taxes	$	95,662		$	77,894

(d) Includes the results of Corporate headquarters, inter-segment eliminations and one distribution warehouse not managed by named segments.

Assets

(in thousands)	March 31, 2014		December 31, 2013
Dental Consumable Businesses	$	699,477	$	699,386
Dental Specialty and Laboratory Businesses	3,380,841		3,404,604
Healthcare and Emerging Markets Businesses	932,147		869,907
All Other (e)	76,968		104,150
Total	$	5,089,433	$	5,078,047

(e) Includes the assets of Corporate headquarters, inter-segment eliminations and one distribution warehouse not managed by named segments.

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RESTRUCTURING AND OTHER COSTS Restructuring Accruals (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Restructuring Reserve [Roll Forward]
Beginning Balance	$ 8,608
Restructuring Charges	1,671
Amounts applied	(3,095)
Restructuring Reserve, Accrual Adjustment	(657)
Ending Balance	6,527
Contract Termination [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	846
Restructuring Charges	102
Amounts applied	(208)
Restructuring Reserve, Accrual Adjustment	95
Ending Balance	835
Contract Termination [Member] | Restructuring Fiscal 2012 And Prior Plans [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	748
Restructuring Charges	11
Amounts applied	(45)
Restructuring Reserve, Accrual Adjustment	(14)
Ending Balance	700
Contract Termination [Member] | Restructuring Fiscal 2013 Plans [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	98
Restructuring Charges	58
Amounts applied	163
Restructuring Reserve, Accrual Adjustment	109
Ending Balance	102
Contract Termination [Member] | Restructuring Fiscal 2014 Plans [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	0
Restructuring Charges	33
Amounts applied	0
Restructuring Reserve, Accrual Adjustment	0
Ending Balance	33
Other Restructuring
Restructuring Reserve [Roll Forward]
Beginning Balance	716
Restructuring Charges	17
Amounts applied	(167)
Restructuring Reserve, Accrual Adjustment	52
Ending Balance	514
Other Restructuring | Restructuring Fiscal 2012 And Prior Plans [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	58
Restructuring Charges	0
Amounts applied	(43)
Restructuring Reserve, Accrual Adjustment	(1)
Ending Balance	16
Other Restructuring | Restructuring Fiscal 2013 Plans [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	658
Restructuring Charges	15
Amounts applied	124
Restructuring Reserve, Accrual Adjustment	53
Ending Balance	496
Other Restructuring | Restructuring Fiscal 2014 Plans [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	0
Restructuring Charges	2
Amounts applied	0
Restructuring Reserve, Accrual Adjustment	0
Ending Balance	$ 2

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EARNINGS PER COMMON SHARE Computation of Basic and Diluted Earnings Per Common Share (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Disclosure - Computation of Basic and Diluted Earnings Per Common Share [Abstract]
Net income attributable to DENTSPLY International	$ 72,878	$ 71,685
Shares
Basic (in shares)	142,053	142,775
Incremental shares from assumed exercise of dilutive options from stock-based compensation awards (in shares)	2,400	2,324
Diluted (in shares)	144,453	145,099
Earnings per common share
Basic (in dollars per share)	$ 0.51	$ 0.50
Diluted (in dollars per share)	$ 0.50	$ 0.49

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BENEFIT PLANS (Tables)

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements [Abstract]

Components of Net Periodic Benefit Cost

The following sets forth the components of net periodic benefit cost of the Company’s defined benefit plans and for the Company’s other postemployment benefit plans for the three months ended March 31, 2014 and 2013:

Defined Benefit Plans	Three Months Ended
(in thousands)	2014			2013
Service cost	$	3,552		$	3,723
Interest cost	2,866			2,477
Expected return on plan assets	(1,387		)	(1,247		)
Amortization of prior service credit	(34		)	(34		)
Amortization of net actuarial loss	707			1,280
Curtailments and settlement gains	—			(390		)
Net periodic benefit cost	$	5,704		$	5,809

Other Postemployment Benefit Plans	Three Months Ended
(in thousands)	2014		2013
Service cost	$	44	$	61
Interest cost	140		122
Amortization of net actuarial loss	12		88
Net periodic benefit cost	$	196	$	271

Information Related to the Contributions to the Compnay's Benefit Plans

The following sets forth the information related to the contributions to the Company’s benefit plans for 2014:

(in thousands)	Pension Benefits		Other Postemployment Benefits
Actual contributions through March 31, 2014	$	3,671	$	75
Projected contributions for the remainder of the year	8,940		427
Total projected contributions	$	12,611	$	502

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RESTRUCTURING AND OTHER COSTS (Tables)

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements [Abstract]

Restructuring Accruals

At March 31, 2014, the Company’s restructuring accruals were as follows:

	Severance
(in thousands)	2012 and Prior Plans			2013 Plans			2014 Plans			Total
Balance at December 31, 2013	$	1,282		$	5,764		$	—		$	7,046
Provisions	44			3			1,505			1,552
Amounts applied	(564		)	(2,154		)	(2		)	(2,720		)
Change in estimates	—			(700		)	—			(700		)
Balance at March 31, 2014	$	762		$	2,913		$	1,503		$	5,178

	Lease/Contract Terminations
(in thousands)	2012 and Prior Plans			2013 Plans			2014 Plans		Total
Balance at December 31, 2013	$	748		$	98		$	—	$	846
Provisions	11			58			33		102
Amounts applied	(45		)	(163		)	—		(208		)
Change in estimate	(14		)	109			—		95
Balance at March 31, 2014	$	700		$	102		$	33	$	835

	Other Restructuring Costs
(in thousands)	2012 and Prior Plans			2013 Plans			2014 Plans		Total
Balance at December 31, 2013	$	58		$	658		$	—	$	716
Provisions	—			15			2		17
Amounts applied	(43		)	(124		)	—		(167		)
Change in estimate	1			(53		)	—		(52		)
Balance at March 31, 2014	$	16		$	496		$	2	$	514

Cumulative Amounts for the Provisions and Adjustments and Amounts Applied for All the Plans by Segment

The following table provides the year-to-date changes in the restructuring accruals by segment:

(in thousands)	December 31, 2013		Provisions		Amounts Applied			Change in Estimates			March 31, 2014
Dental Consumable Businesses	$	656	$	940	$	(36	)	$	—		$	1,560
Dental Specialty and Laboratory Businesses	6,333		227		(2,259		)	(657		)	3,644
Healthcare and Emerging Markets Businesses	1,245		504		(491		)	—			1,258
All Other	374		—		(309		)	—			65
Total	$	8,608	$	1,671	$	(3,095	)	$	(657	)	$	6,527

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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Statement of Stockholders' Equity [Abstract]
Cash dividends, per share	$ 0.06625	$ 0.06250

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FINANCIAL INSTRUMENTS AND DERIVATIVES (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The Company enters into derivative instruments to hedge the foreign exchange revaluation risk associated with recorded assets and liabilities that are denominated in a non-functional currency. The gains and losses on these derivative transactions offset the gains and losses generated by the revaluation of the underlying non-functional currency balances and are recorded in “Other expense (income), net” on the Consolidated Statements of Operations. The Company primarily uses foreign exchange forward contracts and cross currency basis swaps to hedge these risks. Any cash flows associated with the foreign exchange forward contracts and interest rate swaps not designated as hedges are included in cash from operating activities on the Consolidated Statements of Cash Flows. Any cash flows associated with the cross currency basis swaps not designated as hedges are included in investing activities on the Consolidated Statements of Cash Flows except for derivative instruments that include an other-than-insignificant financing element, in which case the cash flows will be classified as financing activities on the Consolidated Statements of Cash Flows.

The following tables summarize the aggregate notional amounts of the Company’s economic hedges not designated as hedges by derivative instrument types at March 31, 2014 and the notional amounts expected to mature during the next 12 months:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Foreign exchange forward contracts	$	1,085,950	$	1,085,950
Interest rate swaps	3,980		995
Cross currency basis swaps	751,253		732,718
Total for instruments not designated as hedges	$	1,841,183	$	1,819,663

The Company maintains Swiss franc denominated cross currency basis swaps to offset an intercompany Swiss franc note receivable at a U.S. dollar functional entity. The hedge declines each quarter to coincide with expected repayments of the note. At March 31, 2014, the remaining notional value of the cross currency swaps was 116.4 million Swiss francs.

On February 14, 2014, a series of U.S. dollar denominated intercompany note receivables were transferred from a euro functional entity to a U.S. dollar functional entity at which point the underlying foreign currency revaluation risk that was hedged by non-designated cross currency swaps totaling 449.8 million euro was eliminated. As a result, the company dedesignated an offsetting amount of 449.8 million euro of net investment hedges. The change in the value of the dedesignated net investment hedges will be recorded in “Other expense (income), net” on the Consolidated Statement of Operations and will offset the change in the value of the non-designated euro denominated cross currency swaps until both sets of hedges mature in December 2014.

The following table summarizes the amounts of gains (losses) recorded on the Company’s Consolidated Statements of Operations related to the economic hedges not designated as hedging for the quarters ended March 31, 2014 and 2013:

	Consolidated Statements of Operations Location	Gain (Loss) Recognized
		Three months ended March 31,
(in thousands)		2014			2013
Foreign exchange forward contracts (a)	Other expense (income), net	$	(4,441	)	$	2,515
DIO equity option contracts	Other expense (income), net	(228		)	(33		)
Interest rate swaps	Interest expense	(11		)	10
Cross currency basis swaps (a)	Other expense (income), net	825			(25,432		)
Total for instruments not designated as hedges		$	(3,855	)	$	(22,940	)

(a) The gains and losses on these derivative transactions offset the gains and losses generated by the revaluation of the underlying non-functional currency balances which are recorded in “Other expense (income), net” on the Consolidated Statements of Operations.

Fair Value and Consolidated Balance Sheet Location of the Company's Derivatives

The following tables summarize the fair value and consolidated balance sheet location of the Company’s derivatives at March 31, 2014 and December 31, 2013:

	March 31, 2014
(in thousands)	Prepaid Expenses and Other Current Assets		Other Noncurrent Assets, Net		Accrued Liabilities		Other Noncurrent Liabilities
Designated as Hedges
Foreign exchange forward contracts	$	1,777	$	413	$	9,699	$	347
Commodity contracts	—		—		167		—
Interest rate swaps	1,629		258		501		567
Cross currency basis swaps	761		—		3,161		19,849
Total	$	4,167	$	671	$	13,528	$	20,763
Not Designated as Hedges
Foreign exchange forward contracts	$	1,299	$	—	$	3,091	$	—
DIO equity option contracts	—		—		—		370
Interest rate swaps	—		—		83		228
Cross currency basis swaps	—		—		36,919		1,967
Total	$	1,299	$	—	$	40,093	$	2,565

	December 31, 2013
(in thousands)	Prepaid Expenses and Other Current Assets		Other Noncurrent Assets, Net		Accrued Liabilities		Other Noncurrent Liabilities
Designated as Hedges
Foreign exchange forward contracts	$	1,517	$	255	$	10,280	$	940
Commodity contracts	—		1		434		1
Interest rate swaps	789		1,617		466		419
Cross currency basis swaps	530		—		2,223		16,413
Total	$	2,836	$	1,873	$	13,403	$	17,773
Not Designated as Hedges
Foreign exchange forward contracts	$	3,128	$	—	$	2,328	$	—
DIO equity option contracts	—		—		—		142
Interest rate swaps	—		—		85		256
Cross currency basis swaps	—		—		38,551		1,941
Total	$	3,128	$	—	$	40,964	$	2,339

Offsetting Derivative Assets and Liabilities [Table Text Block]

							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Assets
Foreign exchange forward contracts	$	3,489	$	—	$	3,489	$	(3,226	)	$	—	$	263
Interest rate swaps	1,887		—		1,887		(1,585		)	—		302
Cross currency basis swaps	761		—		761		(761		)	—		—
Total Assets	$	6,137	$	—	$	6,137	$	(5,572	)	$	—	$	565

							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Liabilities
Foreign exchange forward contracts	$	13,137	$	—	$	13,137	$	(2,349	)	$	—	$	10,788
Commodity contracts	167		—		167		—			—		167
DIO equity option contracts	370		—		370		—			—		370
Interest rate swaps	1,379		—		1,379		(77		)	—		1,302
Cross currency basis swaps	61,896		—		61,896		(3,146		)	—		58,750
Total Liabilities	$	76,949	$	—	$	76,949	$	(5,572	)	$	—	$	71,377

Offsetting of financial assets and liabilities under netting arrangements at December 31, 2013:

							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Assets
Foreign exchange forward contracts	$	4,900	$	—	$	4,900	$	(4,641	)	$	—	$	259
Commodity contracts	1		—		1		(1		)	—		—
Interest rate swaps	2,406		—		2,406		(1,979		)	—		427
Cross currency basis swaps	530		—		530		(530		)	—		—
Total Assets	$	7,837	$	—	$	7,837	$	(7,151	)	$	—	$	686

							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Liabilities
Foreign exchange forward contracts	$	13,548	$	—	$	13,548	$	(3,467	)	$	—	$	10,081
Commodity contracts	435		—		435		(1		)	—		434
DIO equity option contracts	142		—		142		—			—		142
Interest rate swaps	1,226		—		1,226		(62		)	—		1,164
Cross currency basis swaps	59,128		—		59,128		(3,621		)	—		55,507
Total Liabilities	$	74,479	$	—	$	74,479	$	(7,151	)	$	—	$	67,328

Cash Flow Hedging

Summary of Notional Amounts and Fair Value of the Company's Hedges

The following table summarizes the notional amounts of cash flow hedges by derivative instrument type at March 31, 2014 and the notional amounts expected to mature during the next 12 months, with a discussion of the various cash flow hedges by derivative instrument type following the table:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Foreign exchange forward contracts	$	388,046	$	292,884
Interest rate swaps	195,150		121,621
Commodity contracts	2,234		2,234
Total derivative instruments designated as cash flow hedges	$	585,430	$	416,739

Foreign Exchange Risk Management

The Company uses a layered hedging program to hedge select anticipated foreign currency cash flows to reduce volatility in both cash flows and reported earnings of the consolidated Company. The Company accounts for the designated foreign exchange forward contracts as cash flow hedges. As a result, the Company records the fair value of the contracts primarily through AOCI based on the tested effectiveness of the foreign exchange forward contracts. The Company measures the effectiveness of cash flow hedges of anticipated transactions on a spot-to-spot basis rather than on a forward-to-forward basis. Accordingly, the spot-to-spot change in the derivative fair value will be deferred in AOCI and released and recorded on the Consolidated Statements of Operations in the same period that the hedged transaction is recorded. The time value component of the fair value of the derivative is deemed ineffective and is reported currently in “Other expense (income), net” on the Consolidated Statements of Operations in the period which it is applicable. Any cash flows associated with these instruments are included in cash from operating activities on the Consolidated Statements of Cash Flows. The Company hedges various currencies, with the most significant activity occurring in euros, Swedish kronor, Canadian dollars, and Swiss francs.

These foreign exchange forward contracts generally have maturities up to 18 months and the counterparties to the transactions are typically large international financial institutions.

Interest Rate Risk Management

The Company uses interest rate swaps to convert a portion of its variable interest rate debt to fixed interest rate debt. At March 31, 2014, the Company has two groups of significant interest rate swaps. One of the groups of swaps has notional amounts totaling 12.6 billion Japanese yen, and effectively converts the underlying variable interest rate to a fixed interest rate of 0.2% for an initial term of three years, ending in September 2014. Another swap has a notional amount of 65.0 million Swiss francs, and effectively converts the underlying variable interest rate to a fixed interest rate of 0.7% for an initial term of five years, ending in September 2016.

The Company enters into interest rate swap contracts infrequently as they are only used to manage interest rate risk on long-term debt instruments and not for speculative purposes. Any cash flows associated with these instruments are included in cash from operating activities on the Consolidated Statements of Cash Flows.

Commodity Risk Management

The Company enters into precious metal commodity swap contracts to effectively fix certain variable raw material costs typically for up to 18 months. These swaps are used to stabilize the cost of components used in the production of certain of the Company’s products. The Company generally accounts for the commodity swaps as cash flow hedges. As a result, the Company records the fair value of the contracts primarily through AOCI based on the tested effectiveness of the commodity swaps. The Company measures the effectiveness of cash flow hedges of anticipated transactions on a spot-to-spot basis rather than on a forward-to-forward basis. Accordingly, the spot-to-spot change in the derivative fair value will be deferred in AOCI and released and recorded on the Consolidated Statements of Operations in the same period that the hedged transaction is recorded. The time value component of the fair value of the derivative is deemed ineffective and is reported currently in “Interest expense” on the Consolidated Statements of Operations in the period which it is applicable. Any cash flows associated with these instruments are included in cash from operating activities on the Consolidated Statements of Cash Flows.

The following tables summarize the amount of gains (losses) recorded in AOCI in the Consolidated Balance Sheets and income (expense) in the Company’s Consolidated Statements of Operations related to all cash flow hedges for the quarters ended March 31, 2014 and 2013:

March 31, 2014
	Gain (Loss) in AOCI			Consolidated Statements of Operations Location	Effective Portion Reclassified from AOCI into Income (Expense)			Ineffective Portion Recognized in Income (Expense)
(in thousands)
Effective Portion:
Interest rate swaps	$	(387	)	Interest expense	$	(926	)
Foreign exchange forward contracts	1,067			Cost of products sold	(1,646		)
Foreign exchange forward contracts	(10		)	SG&A expenses	(99		)
Commodity contracts	101			Cost of products sold	(246		)
Ineffective Portion:
Foreign exchange forward contracts				Other expense (income), net				$	106
Commodity contracts				Interest expense				(13		)
Total in cash flow hedging	$	771			$	(2,917	)	$	93

March 31, 2013
	Gain (Loss) in AOCI			Consolidated Statements of Operations Location	Effective Portion Reclassified from AOCI into Income (Expense)			Ineffective Portion Recognized in Income (Expense)
(in thousands)
Effective Portion:
Interest rate swaps	$	191		Interest expense	$	(913	)
Foreign exchange forward contracts	4,022			Cost of products sold	499
Foreign exchange forward contracts	187			SG&A expenses	(30		)
Commodity contracts	(16		)	Cost of products sold	157
Ineffective Portion:
Foreign exchange forward contracts				Other expense (income), net				$	(13	)
Commodity contracts				Interest expense				(14		)
Total for cash flow hedging	$	4,384			$	(287	)	$	(27	)

Overall, the derivatives designated as cash flow hedges are considered to be highly effective. At March 31, 2014, the Company expects to reclassify $6.0 million of deferred net losses on cash flow hedges recorded in AOCI to the Consolidated Statement of Operations during the next 12 months. This reclassification is primarily due to the sale of inventory that includes hedged purchases and recognized interest expense on interest rate swaps. The maximum term over which the Company is hedging exposures to variability of cash flows (for all forecasted transactions, excluding interest payments on variable interest rate debt) is 18 months.

For the roll forward of derivative instruments designated as cash flow hedges in AOCI see Note 3, Comprehensive Income.

Net Investment Hedging [Member]

Summary of Notional Amounts and Fair Value of the Company's Hedges

The Company has significant investments in foreign subsidiaries the most significant of which are denominated in euros, Swiss francs, Japanese yen and Swedish kronor. The net assets of these subsidiaries are exposed to volatility in currency exchange rates. To hedge a portion of this exposure the Company employs both derivative and non-derivative financial instruments. The derivative instruments consist of foreign exchange forward contracts and cross currency basis swaps. The non-derivative instruments consist of foreign currency denominated debt held at the parent company level. Translation gains and losses related to the net assets of the foreign subsidiaries are offset by gains and losses in derivative and non-derivative financial instruments designated as hedges of net investments, which are included in AOCI. Any cash flows associated with these instruments are included in investing activities on the Consolidated Statements of Cash Flows except for derivative instruments that include an other-than-insignificant financing element, in which case all cash flows will be classified as financing activities on the Consolidated Statements of Cash Flows.

The following table summarizes the notional amounts of hedges of net investments by derivative instrument type at March 31, 2014 and the notional amounts expected to mature during the next 12 months:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Foreign exchange forward contracts	$	180,466	$	115,718
Cross currency basis swaps	489,253		90,950
Total derivative instruments designated as net investment hedges	$	669,719	$	206,668

On February 14, 2014, the Company dedesignated 449.8 million euros of foreign exchange forward contracts that were previously designated as net investment hedges. The change in the value of the dedesignated hedges will be recorded in “Other expense (income), net” on the Consolidated Statement of Operations and will offset the change in the value of non-designated euro denominated cross currency basis swaps as further noted in the section below titled Derivative Instruments Not Designated as Hedges.

On March 25, 2014, the Company entered into additional foreign exchange forward contracts designated as hedges of net investment with a notional amount of 25.0 million euros.

The fair value of the cross currency basis swaps and foreign exchange forward contracts is the estimated amount the Company would receive or pay at the reporting date, taking into account the effective interest rates, cross currency swap basis rates and foreign exchange rates. The effective portion of the change in the value of these derivatives is recorded in AOCI, net of tax effects.

The following tables summarize the amount of gains (losses) recorded in AOCI on the Consolidated Balance Sheets and income (expense) on the Company’s Consolidated Statements of Operations related to the hedges of net investments for the quarters ended March 31, 2014 and 2013:

March 31, 2014
	Gain (Loss) in AOCI			Consolidated Statements of Operations Location	Recognized in Income (Expense)
(in thousands)
Effective Portion:
Cross currency basis swaps	$	(4,660	)	Interest income	$	677
				Interest expense	541
Foreign exchange forward contracts	3,068			Other expense (income), net	248
Total for net investment hedging	$	(1,592	)		$	1,466

March 31, 2013
	Gain (Loss) in AOCI		Consolidated Statements of Operations Location	Recognized in Income (Expense)
(in thousands)
Effective Portion:
Cross currency basis swaps	$	39,885	Interest income	$	1,387
			Interest expense	(1,603		)
Total for net investment hedging	$	39,885		$	(216	)

Fair Value Hedging

Summary of Notional Amounts and Fair Value of the Company's Hedges

The Company uses interest rate swaps to convert a portion of its fixed interest rate debt to variable interest rate debt. The Company has a group of U.S. dollar denominated interest rate swaps with an initial total notional value of $150.0 million to effectively convert the underlying fixed interest rate of 4.1% on the Company’s $250.0 million Private Placement Notes (“PPN”) to variable rate for an initial term of five years, ending February 2016. The notional value of the swaps will decline proportionately as portions of the PPN mature. These interest rate swaps are designated as fair value hedges of the interest rate risk associated with the hedged portion of the fixed rate PPN. Accordingly, the Company will carry the portion of the hedged debt at fair value, with the change in debt and swaps offsetting each other on the Consolidated Statements of Operations. Any cash flows associated with these instruments are included in operating activities on the Consolidated Statements of Cash Flows.

The following table summarizes the notional amounts of fair value hedges by derivative instrument type at March 31, 2014 and the notional amounts expected to mature during the next 12 months:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Interest rate swaps	$	105,000	$	60,000

The following tables summarize the amount of income (expense) recorded on the Company’s Consolidated Statements of Operations related to the hedges of fair value for the quarters ended March 31, 2014 and 2013:

	Consolidated Statements of Operations Location	Income (Expense) Recognized
		Three months ended March 31,
(in thousands)		2014		2013
Interest rate swaps	Interest expense	$	87	$	62

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COMPREHENSIVE INCOME Comprehensive Income - Additional Information (Details) (USD $)	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013		Dec. 31, 2013	Dec. 31, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (75,665,000)		$ (199,101,000)		$ (69,062,000)	$ (144,200,000)
Other Comprehensive Income (Loss), before Reclassification, Net of Tax	(3,636,000)		(55,964,000)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(1,073,000)		(54,901,000)
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest	114,000		181,000
Other Comprehensive (Income) Loss, Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest	(5,530,000)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(1,035,000)		(94,142,000)
AOCI - Foreign currency translation adjustments, gains	245,200,000				249,900,000
AOCI - Foreign currency translation adjustments, losses	(110,800,000)				(108,900,000)
Income Tax Expense (Benefit)	22,452,000		3,542,000
Net Income (Loss) Available to Common Stockholders, Basic	(2,563,000)		(1,063,000)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	2,563,000		1,063,000
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	71,805,000		16,784,000
Accumulated Net Gain (Loss) from Designated or Qualifying Net Investment Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(152,090,000)		(101,172,000)		(151,114,000)	(125,661,000)
Other Comprehensive Income (Loss), before Reclassification, Net of Tax	(976,000)		24,489,000
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0		0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(976,000)		24,489,000
Accumulated Defined Benefit Plans Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(49,598,000)		(70,406,000)		(49,916,000)	(73,182,000)
Other Comprehensive Income (Loss), before Reclassification, Net of Tax	(154,000)		1,835,000
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	472,000		941,000
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	318,000		2,776,000
Accumulated Net Unrealized Investment Gain (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	10,688,000		25,462,000		12,729,000	17,822,000
Other Comprehensive Income (Loss), before Reclassification, Net of Tax	(2,041,000)		7,640,000
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0		0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(2,041,000)		7,640,000
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	134,355,000		(39,133,000)		140,992,000	54,302,000
Other Comprehensive Income (Loss), before Reclassification, Net of Tax	(1,107,000)		(93,435,000)
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest	(5,530,000)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	800,000		(101,900,000)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0		0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(1,107,000)		(93,435,000)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(19,020,000)		(13,852,000)		(21,753,000)	(17,481,000)
Other Comprehensive Income (Loss), before Reclassification, Net of Tax	642,000		3,507,000
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	2,091,000		122,000
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(2,733,000)		(3,629,000)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	(2,917,000)		(287,000)
Income Tax Expense (Benefit)	826,000		165,000
Net Income (Loss) Available to Common Stockholders, Basic	(2,091,000)		(122,000)
Accumulated Defined Benefit Plans Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	(685,000)		(1,334,000)
Income Tax Expense (Benefit)	213,000		393,000
Net Income (Loss) Available to Common Stockholders, Basic	(472,000)		(941,000)
Other Comprehensive Income (Loss), Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service Cost (Credit), before Tax	34,000	[1]	34,000	[1]
Other Comprehensive Income (Loss) adjustment from AOCI,Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), before Tax	$ (719,000)	[1]	$ (1,368,000)	[1]

[1] a) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for the three months ended March 31, 2014 and 2013 (see Note 8, Benefit Plans, for additional details).

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BENEFIT PLANS Components of Net Periodic Benefit Cost (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Pension Plans, Defined Benefit
Service cost	$ 3,552	$ 3,723
Interest cost	2,866	2,477
Expected return on plan assets	(1,387)	(1,247)
Amortization of prior service cost	(34)	(34)
Amortization of net loss	707	1,280
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements and Curtailments	0	(390)
Defined Benefit Plan, Net Periodic Benefit Cost	5,704	5,809
Other Postretirement Benefit Plans, Defined Benefit
Service cost	44	61
Interest cost	140	122
Amortization of net loss	12	88
Defined Benefit Plan, Net Periodic Benefit Cost	$ 196	$ 271

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INCOME TAXES Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	$ 9.4
Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Amount	3.3
Future Period Member
Income Taxes [Line Items]
Unrecognized tax benefits, expiration of statues of limitation	$ 1.1

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Net sales	$ 730,114	$ 732,084
Cost of products sold	335,909	343,884
Gross profit	394,205	388,200
Selling, General and Administrative Expense	287,842	293,677
Restructuring and other costs	793	665
Operating income	105,570	93,858
Other income and expenses:
Interest expense	10,955	15,221
Interest income	(1,435)	(2,175)
Other expense (income), net	388	2,918
Income before income taxes	95,662	77,894
Income Tax Expense (Benefit)	22,452	3,542
Equity in net earnings (loss) of unconsolidated affilated company	(290)	(1,779)
Net income	72,920	72,573
Net Income (Loss) Attributable to Noncontrolling Interest	42	888
Net income attributable to DENTSPLY International	$ 72,878	$ 71,685
Earnings per common share:
Basic (in dollars per share)	$ 0.51	$ 0.50
Diluted (in dollars per share)	$ 0.50	$ 0.49
Weighted average common shares outstanding:
Basic (in shares)	142,053	142,775
Diluted (in shares)	144,453	145,099

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SEGMENT INFORMATION Additional Information (Detail) (Dental Products)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Dental Products
Segment Reporting Information [Line Items]
Percentage of sales, professional dental products	88.20%	88.90%

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:
Net income	$ 72,920	$ 72,573
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	21,370	20,416
Amortization	12,569	11,935
Amortization of deferred financing costs	1,142	1,296
Deferred income taxes	(11,505)	(11,793)
Share based compensation expense	5,786	5,434
Stock option income tax benefit	(69)	(603)
Equity in earnings from unconsolidated affiliates	290	1,779
Other non-cash expense	(3,405)	20,016
Changes in operating assets and liabilities, net of acquisitions:
Accounts and notes receivable-trade, net	(22,920)	(37,637)
Inventories, net	(15,180)	(22,080)
Prepaid expenses and other current assets	(5,751)	10,638
Other noncurrent assets, net	1,465	2,232
Accounts payable	8,047	(10,928)
Accrued liabilities	(21,901)	(8,558)
Income taxes payable	23,423	(21,196)
Other noncurrent liabilities	(1,716)	2,562
Net cash provided by operating activities	64,565	36,086
Cash flows from investing activities:
Capital expenditures	(25,322)	(24,032)
Cash paid for acquisitions of businesses, net of cash acquired	0	(3,939)
Proceeds from Hedge, Investing Activities	864	0
Payments for Derivative Instrument, Investing Activities	2,103	45,765
Expenditures for identifiable intangible assets	(1,305)	(205)
Proceeds from sale of property, plant and equipment, net	168	1,218
Net cash used in investing activities	(28,842)	(72,723)
Cash flows from financing activities:
Net change in short-term borrowings	64,886	16,133
Cash paid for treasury stock	(40,395)	0
Cash dividends paid	(8,979)	(7,909)
Cash paid for acquisition of noncontrolling interests of consolidated subsidiaries	(33)	(8,960)
Repayments on long-term borrowings	(75,174)	0
Proceeds from exercise of stock options	4,149	13,578
Excess tax benefits from share based compensation	69	603
Proceeds from Derivative Instrument, Financing Activities	0	464
Payments for Derivative Instrument, Financing Activities	0	306
Net cash used in financing activities	(55,477)	13,603
Effect of exchange rate changes on cash and cash equivalents	623	(895)
Net (decrease) increase in cash and cash equivalents	(19,131)	(23,929)
Cash and cash equivalents at beginning of period	74,954
Cash and cash equivalents at end of period	55,823
Purchase of short-term investments	$ 1,144	$ 0

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FINANCIAL INSTRUMENTS AND DERIVATIVES Summary of Notional Amounts and Fair Value of the Company's Cash Flow Hedges (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014
Designated as Hedging Instrument [Member] | Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative, Notional Amount	$ 585,430
Derivative, Notional amount maturing within 12 months	416,739
Designated as Hedging Instrument [Member] | Commodity Contract [Member] | Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative, Notional Amount	2,234
Derivative, Notional amount maturing within 12 months	2,234
Designated as Hedging Instrument [Member] | Interest Rate Swap | Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative, Notional Amount	195,150
Derivative, Notional amount maturing within 12 months	121,621
Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member] | Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative, Notional Amount	388,046
Derivative, Notional amount maturing within 12 months	292,884
Not Designated as Hedging Instrument [Member]
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative, Notional Amount	1,841,183
Derivative, Notional amount maturing within 12 months	1,819,663
Not Designated as Hedging Instrument [Member] | Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative, Notional Amount	3,980
Derivative, Notional amount maturing within 12 months	$ 995

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SIGNIFICANT ACCOUNTING POLICIES Additional Information (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Trade Accounts Receivable
Significant Accounting Policies [Line Items]
Allowance for doubtful accounts	$ 12,400,000	$ 14,700,000
Noncurrent Assets Member
Significant Accounting Policies [Line Items]
Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax	10,700,000	12,700,000
Corporate Bond Securities
Significant Accounting Policies [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 67,173,000	$ 70,019,000

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FINANCIAL INSTRUMENTS AND DERIVATIVES Impact of the Company's Hedges of Net Investments (Detail) (Designated as Hedging Instrument [Member], Net Investment Hedging [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ (1,592)	$ 39,885
Derivative Instruments, Gain (Loss) Recognized in Income, Net	1,466	(216)
Cross Currency Basis Swaps
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(4,660)	39,885
Cross Currency Basis Swaps | Interest Income
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	677	1,387
Cross Currency Basis Swaps | Interest Expense
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	541	(1,603)
Cross Currency Basis Swaps | Other Expense
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	248
Foreign Exchange Contract [Member]
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ 3,068

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GOODWILL AND INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements [Abstract]

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS

A reconciliation of changes in the Company’s goodwill is as follows:

(in thousands)	Dental Consumable Businesses		Dental Specialty and Laboratory Businesses			Healthcare and Emerging Markets Businesses		Total
Balance at December 31, 2013	$	325,044	$	1,576,126		$	380,426	$	2,281,596
Adjustments of provisional amounts on prior acquisitions	—		(1,413		)	—		(1,413		)
Effects of exchange rate changes	1,008		1,269			4,255		6,532
Balance at March 31, 2014	$	326,052	$	1,575,982		$	384,681	$	2,286,715

Identifiable definite-lived and indefinite-lived intangible assets consist of the following:

	March 31, 2014							December 31, 2013
(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Patents	$	182,825	$	(94,075	)	$	88,750	$	181,847	$	(91,736	)	$	90,111
Trademarks	85,917		(37,193		)	48,724		85,922		(35,994		)	49,928
Licensing agreements	32,180		(21,468		)	10,712		31,950		(20,992		)	10,958
Customer relationships	500,396		(91,075		)	409,321		497,108		(82,381		)	414,727
Total definite-lived	$	801,318	$	(243,811	)	$	557,507	$	796,827	$	(231,103	)	$	565,724
Trademarks and In-process R&D	$	228,490	$	—		$	228,490	$	229,599	$	—		$	229,599
Total identifiable intangible assets	$	1,029,808	$	(243,811	)	$	785,997	$	1,026,426	$	(231,103	)	$	795,323

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STOCK COMPENSATION Stock Compensation (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	5 years 9 months
Exercisable options, weighted average remaining contractual term (in years)	4 years 11 months
Nonqualified Stock Options Member
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unamortized compensation cost	$ 15.6
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	2 years 0 months
Performance Based Restricted Stock and Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unamortized compensation cost	$ 31.1
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	1 year 9 months

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SIGNIFICANT ACCOUNTING POLICIES (Policies)

3 Months Ended

Mar. 31, 2014

Accounting Policies [Abstract]

Accounts and Notes Receivable-Trade

Accounts and Notes Receivable

The Company sells dental and certain healthcare products through a worldwide network of distributors and directly to end users.  For customers on credit terms, the Company performs ongoing credit evaluations of those customers’ financial condition and generally does not require collateral from them.  The Company establishes allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments based on historical averages of aged receivable balances and the Company’s experience in collecting those balances, customer specific circumstances, as well as changes in the economic and political environments.  The Company records a provision for doubtful accounts, which is included in “Selling, general and administrative expenses” on the Consolidated Statements of Operations.

Marketable Security

Marketable Securities

The Company’s marketable securities consist of corporate convertible bonds that are classified as available-for-sale in “Other noncurrent assets, net” on the Consolidated Balance Sheets as the instruments mature in December 2015. The Company determined the appropriate classification at the time of purchase and will re-evaluate such designation as of each balance sheet date. In addition, the Company reviews the securities each quarter for indications of possible impairment. If an impairment is identified, the determination of whether the impairment is temporary or other-than-temporary requires significant judgment. The primary factors that the Company considers in making this judgment include the extent and time the fair value of each investment has been below cost and the existence of a credit loss. If a decline in fair value is judged other-than-temporary, the basis of the securities is written down to fair value and the amount of the write-down is included as a realized loss in the Consolidated Statement of Operations. Changes in fair value are reported in accumulated other comprehensive income (“AOCI”).

 The convertible element of the bonds has not been bifurcated from the underlying bonds as the element does not contain a net-settlement feature, nor would the Company be able to achieve a hypothetical net-settlement that would substantially place the Company in a comparable cash settlement position.  As such, the derivative is not accounted for separately from the bond.  The cash paid by the Company was equal to the face value of the bonds issued, and therefore, the Company has not recorded any bond premium or discount on acquiring the bonds. 

Reclassification, Policy

Revisions in Classification

Certain revisions in classification have been made to prior year’s data in order to conform to current year presentation.

New Accounting Pronouncements, Policy

New Accounting Pronouncements

In March 2013, the FASB issued ASU No. 2013-05, “Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity.” This newly issued accounting standard requires a cumulative translation adjustment (“CTA”)attached to the parent’s investment in a foreign entity should be released in a manner consistent with the derecognition guidance on investment entities. Thus the entire amount of CTA associated with the foreign entity would be released when there has been a sale of a subsidiary or group of net assets within a foreign entity and the sale represents a complete liquidation of the investment in the foreign entity, a loss of a controlling financial interest in an investment in a foreign entity, or step acquisition for a foreign entity. The Company adopted this accounting standard for the quarter ended March 31, 2014. The adoption of this standard did not materially impact the Company’s financial position or results of operations.

In July 2013, the FASB issued ASU No. 2013-11, “Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit when a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” The newly issued accounting standard requires the netting of unrecognized tax benefits against a deferred tax asset for a loss or other carryforward that would apply in settlement of the uncertain tax positions. Under the new standard, unrecognized tax benefits will be netted against all available same-jurisdiction losses or other tax carryforwards that would be utilized, rather than only against carryforwards that are created by the unrecognized tax benefit. The Company adopted this accounting standard for the quarter ended March 31, 2014. The adoption of this standard did not materially impact the Company’s financial position or results of operations.

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FINANCIAL INSTRUMENTS AND DERIVATIVES Offsetting Balance Sheet (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Offsetting Assets and Liabilities [Line Items]
Derivative assets, net amounts presented in the consolidated balance sheets	$ 6,137	$ 7,837
Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed, Collateral, Oblitagion to Return Securities	(5,572)	(7,151)
Derivative assets, net amount	565	686
Derivative assets, gross amounts recognized	6,137	7,837
Derivative liabilities, net amounts presented in the consolidated balance sheets	76,949	74,479
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Collateral, Right to Reclaim Securities	5,572	7,151
Derivative liabilities, gross amounts recognized	76,949	74,479
Derivative liabilities, net amount	71,377	67,328
Derivative assets, gross amounts not offset in the consolidated balance sheets, cash collateral received/pledged	0	0
Foreign Exchange Contract [Member]
Offsetting Assets and Liabilities [Line Items]
Derivative assets, net amounts presented in the consolidated balance sheets	3,489	4,900
Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed, Collateral, Oblitagion to Return Securities	(3,226)	(4,641)
Derivative assets, net amount	263	259
Derivative assets, gross amounts recognized	3,489	4,900
Derivative liabilities, net amounts presented in the consolidated balance sheets	13,137	13,548
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Collateral, Right to Reclaim Securities	2,349	3,467
Derivative liabilities, gross amounts recognized	13,137	13,548
Derivative liabilities, net amount	10,788	10,081
Derivative assets, gross amounts not offset in the consolidated balance sheets, cash collateral received/pledged	0	0
Commodity Contract [Member]
Offsetting Assets and Liabilities [Line Items]
Derivative assets, net amounts presented in the consolidated balance sheets	0	1
Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed, Collateral, Oblitagion to Return Securities	0	(1)
Derivative assets, net amount	0	0
Derivative assets, gross amounts recognized	0	1
Derivative liabilities, net amounts presented in the consolidated balance sheets	167	435
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Collateral, Right to Reclaim Securities	0	1
Derivative liabilities, gross amounts recognized	167	435
Derivative liabilities, net amount	167	434
Derivative assets, gross amounts not offset in the consolidated balance sheets, cash collateral received/pledged	0	0
Interest Rate Swap
Offsetting Assets and Liabilities [Line Items]
Derivative assets, net amounts presented in the consolidated balance sheets	1,887	2,406
Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed, Collateral, Oblitagion to Return Securities	(1,585)	(1,979)
Derivative assets, net amount	302	427
Derivative assets, gross amounts recognized	1,887	2,406
Derivative liabilities, net amounts presented in the consolidated balance sheets	1,379	1,226
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Collateral, Right to Reclaim Securities	77	62
Derivative liabilities, gross amounts recognized	1,379	1,226
Derivative liabilities, net amount	1,302	1,164
Derivative assets, gross amounts not offset in the consolidated balance sheets, cash collateral received/pledged	0	0
Cross Currency Basis Swaps
Offsetting Assets and Liabilities [Line Items]
Derivative assets, net amounts presented in the consolidated balance sheets	761	530
Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed, Collateral, Oblitagion to Return Securities	(761)	(530)
Derivative assets, net amount	0	0
Derivative assets, gross amounts recognized	761	530
Derivative liabilities, net amounts presented in the consolidated balance sheets	61,896	59,128
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Collateral, Right to Reclaim Securities	3,146	3,621
Derivative liabilities, gross amounts recognized	61,896	59,128
Derivative liabilities, net amount	58,750	55,507
Derivative assets, gross amounts not offset in the consolidated balance sheets, cash collateral received/pledged	0	0
Dio Equity Option Contracts
Offsetting Assets and Liabilities [Line Items]
Derivative liabilities, net amounts presented in the consolidated balance sheets	370	142
Derivative Liability, Securities Sold under Agreements to Resell, Securities Loaned, Collateral, Right to Reclaim Securities	0	0
Derivative liabilities, gross amounts recognized	370	142
Derivative liabilities, net amount	370	142
Derivative assets, gross amounts not offset in the consolidated balance sheets, cash collateral received/pledged	$ 0	$ 0

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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $) In Thousands, unless otherwise specified	Total	Common Stock	Capital in Excess of Par Value	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Total DENTSPLY International Equity	Noncontrolling Interests
Beginning Balance at Dec. 31, 2012	$ 2,249,443	$ 1,628	$ 246,548	$ 2,818,461	$ (144,200)	$ (713,739)	$ 2,208,698	$ 40,745
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	72,573
Other Comprehensive Income (Loss), Net of Tax	(55,608)				(54,901)		(54,901)	(707)
Net Income (Loss) Attributable to Noncontrolling Interest	888							888
Net income attributable to DENTSPLY International	71,685			71,685			71,685
Exercise of stock options	13,578		(2,444)			16,022	13,578
Tax benefit from stock options exercised	603		603				603
Share based compensation expense	5,434		5,434				5,434
Funding of Employee Stock Ownership Plan	4,657		959			3,698	4,657
RSU distributions	(3,382)		(8,305)			4,923	(3,382)
RSU dividends			(76)	(76)
Cash dividends ($0.06625 in 2014, $0.06250 in 2013 per share)	(8,944)			(8,944)			(8,944)
Stockholders' Equity Attributable to Parent		1,628	238,945	2,881,126	(199,101)	(689,096)	2,233,502
Stockholders' Equity Attributable to Noncontrolling Interest								35,892
Ending Balance at Mar. 31, 2013	2,269,394
Beginning Balance at Dec. 31, 2013	2,577,974	1,628	255,272	3,095,721	(69,062)	(748,506)	2,535,053	42,921
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	72,920
Other Comprehensive Income (Loss), Net of Tax	(1,001)				(1,073)		(1,073)	72
Net Income (Loss) Attributable to Noncontrolling Interest	42							42
Net income attributable to DENTSPLY International	72,878						72,878
Acquisition of noncontrolling interest	(87,283)		(40,283)		(5,530)		(45,813)	(41,470)
Exercise of stock options	4,149		(533)			4,682	4,149
Tax benefit from stock options exercised	69		69				69
Share based compensation expense	5,786		5,786				5,786
Funding of Employee Stock Ownership Plan	5,953		1,535			4,418	5,953
Treasury shares purchased	(40,395)					(40,395)	(40,395)
RSU distributions	(4,180)		(10,461)			6,281	(4,180)
RSU dividends			(82)	(82)
Cash dividends ($0.06625 in 2014, $0.06250 in 2013 per share)	(9,394)			(9,394)			(9,394)
Stockholders' Equity Attributable to Parent	2,523,033	1,628	211,467	3,159,123	(75,665)	(773,520)	2,523,033
Stockholders' Equity Attributable to Noncontrolling Interest	1,565							1,565
Ending Balance at Mar. 31, 2014	$ 2,524,598

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Net income	$ 72,920	$ 72,573
Other comprehensive income (loss), net of tax:
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(1,035)	(94,142)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	1,757	28,118
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax	(2,041)	7,640
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	318	2,776
Other Comprehensive Income (Loss), Net of Tax	(1,001)	(55,608)
Total comprehensive (loss) income	71,919	16,965
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest	114	181
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 71,805	$ 16,784

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RESTRUCTURING AND OTHER COSTS

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements [Abstract]

RESTRUCTURING AND OTHER COSTS

RESTRUCTURING AND OTHER COSTS

Restructuring Costs

During the three months ended March 31, 2014 and 2013, the Company recorded net restructuring costs of $0.8 million and $0.7 million, respectively. These costs are recorded in “Restructuring and other costs” in the Consolidated Statements of Operations and the associated liabilities are recorded in “Accrued liabilities” in the Consolidated Balance Sheets.

At March 31, 2014, the Company’s restructuring accruals were as follows:

	Severance
(in thousands)	2012 and Prior Plans			2013 Plans			2014 Plans			Total
Balance at December 31, 2013	$	1,282		$	5,764		$	—		$	7,046
Provisions	44			3			1,505			1,552
Amounts applied	(564		)	(2,154		)	(2		)	(2,720		)
Change in estimates	—			(700		)	—			(700		)
Balance at March 31, 2014	$	762		$	2,913		$	1,503		$	5,178

	Lease/Contract Terminations
(in thousands)	2012 and Prior Plans			2013 Plans			2014 Plans		Total
Balance at December 31, 2013	$	748		$	98		$	—	$	846
Provisions	11			58			33		102
Amounts applied	(45		)	(163		)	—		(208		)
Change in estimate	(14		)	109			—		95
Balance at March 31, 2014	$	700		$	102		$	33	$	835

	Other Restructuring Costs
(in thousands)	2012 and Prior Plans			2013 Plans			2014 Plans		Total
Balance at December 31, 2013	$	58		$	658		$	—	$	716
Provisions	—			15			2		17
Amounts applied	(43		)	(124		)	—		(167		)
Change in estimate	1			(53		)	—		(52		)
Balance at March 31, 2014	$	16		$	496		$	2	$	514

The following table provides the year-to-date changes in the restructuring accruals by segment:

(in thousands)	December 31, 2013		Provisions		Amounts Applied			Change in Estimates			March 31, 2014
Dental Consumable Businesses	$	656	$	940	$	(36	)	$	—		$	1,560
Dental Specialty and Laboratory Businesses	6,333		227		(2,259		)	(657		)	3,644
Healthcare and Emerging Markets Businesses	1,245		504		(491		)	—			1,258
All Other	374		—		(309		)	—			65
Total	$	8,608	$	1,671	$	(3,095	)	$	(657	)	$	6,527

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Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 29, 2014
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q1
Trading Symbol	XRAY
Entity Registrant Name	DENTSPLY INTERNATIONAL INC /DE/
Entity Central Index Key	0000818479
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		141,792,228

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FINANCIAL INSTRUMENTS AND DERIVATIVES

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements [Abstract]

FINANCIAL INSTRUMENTS AND DERIVATIVES

FINANCIAL INSTRUMENTS AND DERIVATIVES

Derivative Instruments and Hedging Activities

The Company’s activities expose it to a variety of market risks, which primarily include the risks related to the effects of changes in foreign currency exchange rates, interest rates and commodity prices. These financial exposures are monitored and managed by the Company as part of its overall risk management program. The objective of this risk management program is to reduce the volatility that these market risks may have on the Company’s operating results and equity. The Company employs derivative financial instruments to hedge certain anticipated transactions, firm commitments, or assets and liabilities denominated in foreign currencies. Additionally, the Company utilizes interest rate swaps to convert variable rate debt to fixed rate debt and to convert fixed rate debt to variable rate debt, cross currency basis swaps to convert debt denominated in one currency to another currency and commodity swaps to fix certain variable raw material costs.

Derivative Instruments Designated as Hedging

Cash Flow Hedges

The following table summarizes the notional amounts of cash flow hedges by derivative instrument type at March 31, 2014 and the notional amounts expected to mature during the next 12 months, with a discussion of the various cash flow hedges by derivative instrument type following the table:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Foreign exchange forward contracts	$	388,046	$	292,884
Interest rate swaps	195,150		121,621
Commodity contracts	2,234		2,234
Total derivative instruments designated as cash flow hedges	$	585,430	$	416,739

Foreign Exchange Risk Management

The Company uses a layered hedging program to hedge select anticipated foreign currency cash flows to reduce volatility in both cash flows and reported earnings of the consolidated Company. The Company accounts for the designated foreign exchange forward contracts as cash flow hedges. As a result, the Company records the fair value of the contracts primarily through AOCI based on the tested effectiveness of the foreign exchange forward contracts. The Company measures the effectiveness of cash flow hedges of anticipated transactions on a spot-to-spot basis rather than on a forward-to-forward basis. Accordingly, the spot-to-spot change in the derivative fair value will be deferred in AOCI and released and recorded on the Consolidated Statements of Operations in the same period that the hedged transaction is recorded. The time value component of the fair value of the derivative is deemed ineffective and is reported currently in “Other expense (income), net” on the Consolidated Statements of Operations in the period which it is applicable. Any cash flows associated with these instruments are included in cash from operating activities on the Consolidated Statements of Cash Flows. The Company hedges various currencies, with the most significant activity occurring in euros, Swedish kronor, Canadian dollars, and Swiss francs.

These foreign exchange forward contracts generally have maturities up to 18 months and the counterparties to the transactions are typically large international financial institutions.

Interest Rate Risk Management

The Company uses interest rate swaps to convert a portion of its variable interest rate debt to fixed interest rate debt. At March 31, 2014, the Company has two groups of significant interest rate swaps. One of the groups of swaps has notional amounts totaling 12.6 billion Japanese yen, and effectively converts the underlying variable interest rate to a fixed interest rate of 0.2% for an initial term of three years, ending in September 2014. Another swap has a notional amount of 65.0 million Swiss francs, and effectively converts the underlying variable interest rate to a fixed interest rate of 0.7% for an initial term of five years, ending in September 2016.

The Company enters into interest rate swap contracts infrequently as they are only used to manage interest rate risk on long-term debt instruments and not for speculative purposes. Any cash flows associated with these instruments are included in cash from operating activities on the Consolidated Statements of Cash Flows.

Commodity Risk Management

The Company enters into precious metal commodity swap contracts to effectively fix certain variable raw material costs typically for up to 18 months. These swaps are used to stabilize the cost of components used in the production of certain of the Company’s products. The Company generally accounts for the commodity swaps as cash flow hedges. As a result, the Company records the fair value of the contracts primarily through AOCI based on the tested effectiveness of the commodity swaps. The Company measures the effectiveness of cash flow hedges of anticipated transactions on a spot-to-spot basis rather than on a forward-to-forward basis. Accordingly, the spot-to-spot change in the derivative fair value will be deferred in AOCI and released and recorded on the Consolidated Statements of Operations in the same period that the hedged transaction is recorded. The time value component of the fair value of the derivative is deemed ineffective and is reported currently in “Interest expense” on the Consolidated Statements of Operations in the period which it is applicable. Any cash flows associated with these instruments are included in cash from operating activities on the Consolidated Statements of Cash Flows.

The following tables summarize the amount of gains (losses) recorded in AOCI in the Consolidated Balance Sheets and income (expense) in the Company’s Consolidated Statements of Operations related to all cash flow hedges for the quarters ended March 31, 2014 and 2013:

March 31, 2014
	Gain (Loss) in AOCI			Consolidated Statements of Operations Location	Effective Portion Reclassified from AOCI into Income (Expense)			Ineffective Portion Recognized in Income (Expense)
(in thousands)
Effective Portion:
Interest rate swaps	$	(387	)	Interest expense	$	(926	)
Foreign exchange forward contracts	1,067			Cost of products sold	(1,646		)
Foreign exchange forward contracts	(10		)	SG&A expenses	(99		)
Commodity contracts	101			Cost of products sold	(246		)
Ineffective Portion:
Foreign exchange forward contracts				Other expense (income), net				$	106
Commodity contracts				Interest expense				(13		)
Total in cash flow hedging	$	771			$	(2,917	)	$	93

March 31, 2013
	Gain (Loss) in AOCI			Consolidated Statements of Operations Location	Effective Portion Reclassified from AOCI into Income (Expense)			Ineffective Portion Recognized in Income (Expense)
(in thousands)
Effective Portion:
Interest rate swaps	$	191		Interest expense	$	(913	)
Foreign exchange forward contracts	4,022			Cost of products sold	499
Foreign exchange forward contracts	187			SG&A expenses	(30		)
Commodity contracts	(16		)	Cost of products sold	157
Ineffective Portion:
Foreign exchange forward contracts				Other expense (income), net				$	(13	)
Commodity contracts				Interest expense				(14		)
Total for cash flow hedging	$	4,384			$	(287	)	$	(27	)

Overall, the derivatives designated as cash flow hedges are considered to be highly effective. At March 31, 2014, the Company expects to reclassify $6.0 million of deferred net losses on cash flow hedges recorded in AOCI to the Consolidated Statement of Operations during the next 12 months. This reclassification is primarily due to the sale of inventory that includes hedged purchases and recognized interest expense on interest rate swaps. The maximum term over which the Company is hedging exposures to variability of cash flows (for all forecasted transactions, excluding interest payments on variable interest rate debt) is 18 months.

For the roll forward of derivative instruments designated as cash flow hedges in AOCI see Note 3, Comprehensive Income.

Hedges of Net Investments in Foreign Operations

The Company has significant investments in foreign subsidiaries the most significant of which are denominated in euros, Swiss francs, Japanese yen and Swedish kronor. The net assets of these subsidiaries are exposed to volatility in currency exchange rates. To hedge a portion of this exposure the Company employs both derivative and non-derivative financial instruments. The derivative instruments consist of foreign exchange forward contracts and cross currency basis swaps. The non-derivative instruments consist of foreign currency denominated debt held at the parent company level. Translation gains and losses related to the net assets of the foreign subsidiaries are offset by gains and losses in derivative and non-derivative financial instruments designated as hedges of net investments, which are included in AOCI. Any cash flows associated with these instruments are included in investing activities on the Consolidated Statements of Cash Flows except for derivative instruments that include an other-than-insignificant financing element, in which case all cash flows will be classified as financing activities on the Consolidated Statements of Cash Flows.

The following table summarizes the notional amounts of hedges of net investments by derivative instrument type at March 31, 2014 and the notional amounts expected to mature during the next 12 months:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Foreign exchange forward contracts	$	180,466	$	115,718
Cross currency basis swaps	489,253		90,950
Total derivative instruments designated as net investment hedges	$	669,719	$	206,668

On February 14, 2014, the Company dedesignated 449.8 million euros of foreign exchange forward contracts that were previously designated as net investment hedges. The change in the value of the dedesignated hedges will be recorded in “Other expense (income), net” on the Consolidated Statement of Operations and will offset the change in the value of non-designated euro denominated cross currency basis swaps as further noted in the section below titled Derivative Instruments Not Designated as Hedges.

On March 25, 2014, the Company entered into additional foreign exchange forward contracts designated as hedges of net investment with a notional amount of 25.0 million euros.

The fair value of the cross currency basis swaps and foreign exchange forward contracts is the estimated amount the Company would receive or pay at the reporting date, taking into account the effective interest rates, cross currency swap basis rates and foreign exchange rates. The effective portion of the change in the value of these derivatives is recorded in AOCI, net of tax effects.

The following tables summarize the amount of gains (losses) recorded in AOCI on the Consolidated Balance Sheets and income (expense) on the Company’s Consolidated Statements of Operations related to the hedges of net investments for the quarters ended March 31, 2014 and 2013:

March 31, 2014
	Gain (Loss) in AOCI			Consolidated Statements of Operations Location	Recognized in Income (Expense)
(in thousands)
Effective Portion:
Cross currency basis swaps	$	(4,660	)	Interest income	$	677
				Interest expense	541
Foreign exchange forward contracts	3,068			Other expense (income), net	248
Total for net investment hedging	$	(1,592	)		$	1,466

March 31, 2013
	Gain (Loss) in AOCI		Consolidated Statements of Operations Location	Recognized in Income (Expense)
(in thousands)
Effective Portion:
Cross currency basis swaps	$	39,885	Interest income	$	1,387
			Interest expense	(1,603		)
Total for net investment hedging	$	39,885		$	(216	)

Fair Value Hedges

The Company uses interest rate swaps to convert a portion of its fixed interest rate debt to variable interest rate debt. The Company has a group of U.S. dollar denominated interest rate swaps with an initial total notional value of $150.0 million to effectively convert the underlying fixed interest rate of 4.1% on the Company’s $250.0 million Private Placement Notes (“PPN”) to variable rate for an initial term of five years, ending February 2016. The notional value of the swaps will decline proportionately as portions of the PPN mature. These interest rate swaps are designated as fair value hedges of the interest rate risk associated with the hedged portion of the fixed rate PPN. Accordingly, the Company will carry the portion of the hedged debt at fair value, with the change in debt and swaps offsetting each other on the Consolidated Statements of Operations. Any cash flows associated with these instruments are included in operating activities on the Consolidated Statements of Cash Flows.

The following table summarizes the notional amounts of fair value hedges by derivative instrument type at March 31, 2014 and the notional amounts expected to mature during the next 12 months:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Interest rate swaps	$	105,000	$	60,000

The following tables summarize the amount of income (expense) recorded on the Company’s Consolidated Statements of Operations related to the hedges of fair value for the quarters ended March 31, 2014 and 2013:

	Consolidated Statements of Operations Location	Income (Expense) Recognized
		Three months ended March 31,
(in thousands)		2014		2013
Interest rate swaps	Interest expense	$	87	$	62

Derivative Instruments Not Designated as Hedges

The Company enters into derivative instruments to hedge the foreign exchange revaluation risk associated with recorded assets and liabilities that are denominated in a non-functional currency. The gains and losses on these derivative transactions offset the gains and losses generated by the revaluation of the underlying non-functional currency balances and are recorded in “Other expense (income), net” on the Consolidated Statements of Operations. The Company primarily uses foreign exchange forward contracts and cross currency basis swaps to hedge these risks. Any cash flows associated with the foreign exchange forward contracts and interest rate swaps not designated as hedges are included in cash from operating activities on the Consolidated Statements of Cash Flows. Any cash flows associated with the cross currency basis swaps not designated as hedges are included in investing activities on the Consolidated Statements of Cash Flows except for derivative instruments that include an other-than-insignificant financing element, in which case the cash flows will be classified as financing activities on the Consolidated Statements of Cash Flows.

The following tables summarize the aggregate notional amounts of the Company’s economic hedges not designated as hedges by derivative instrument types at March 31, 2014 and the notional amounts expected to mature during the next 12 months:

	Aggregate  Notional  Amount		Aggregate Notional Amount Maturing within 12 Months
(in thousands)
Foreign exchange forward contracts	$	1,085,950	$	1,085,950
Interest rate swaps	3,980		995
Cross currency basis swaps	751,253		732,718
Total for instruments not designated as hedges	$	1,841,183	$	1,819,663

The Company maintains Swiss franc denominated cross currency basis swaps to offset an intercompany Swiss franc note receivable at a U.S. dollar functional entity. The hedge declines each quarter to coincide with expected repayments of the note. At March 31, 2014, the remaining notional value of the cross currency swaps was 116.4 million Swiss francs.

On February 14, 2014, a series of U.S. dollar denominated intercompany note receivables were transferred from a euro functional entity to a U.S. dollar functional entity at which point the underlying foreign currency revaluation risk that was hedged by non-designated cross currency swaps totaling 449.8 million euro was eliminated. As a result, the company dedesignated an offsetting amount of 449.8 million euro of net investment hedges. The change in the value of the dedesignated net investment hedges will be recorded in “Other expense (income), net” on the Consolidated Statement of Operations and will offset the change in the value of the non-designated euro denominated cross currency swaps until both sets of hedges mature in December 2014.

The following table summarizes the amounts of gains (losses) recorded on the Company’s Consolidated Statements of Operations related to the economic hedges not designated as hedging for the quarters ended March 31, 2014 and 2013:

	Consolidated Statements of Operations Location	Gain (Loss) Recognized
		Three months ended March 31,
(in thousands)		2014			2013
Foreign exchange forward contracts (a)	Other expense (income), net	$	(4,441	)	$	2,515
DIO equity option contracts	Other expense (income), net	(228		)	(33		)
Interest rate swaps	Interest expense	(11		)	10
Cross currency basis swaps (a)	Other expense (income), net	825			(25,432		)
Total for instruments not designated as hedges		$	(3,855	)	$	(22,940	)

(a) The gains and losses on these derivative transactions offset the gains and losses generated by the revaluation of the underlying non-functional currency balances which are recorded in “Other expense (income), net” on the Consolidated Statements of Operations.

Consolidated Balance Sheets Location of Derivative Fair Values

The following tables summarize the fair value and consolidated balance sheet location of the Company’s derivatives at March 31, 2014 and December 31, 2013:

	March 31, 2014
(in thousands)	Prepaid Expenses and Other Current Assets		Other Noncurrent Assets, Net		Accrued Liabilities		Other Noncurrent Liabilities
Designated as Hedges
Foreign exchange forward contracts	$	1,777	$	413	$	9,699	$	347
Commodity contracts	—		—		167		—
Interest rate swaps	1,629		258		501		567
Cross currency basis swaps	761		—		3,161		19,849
Total	$	4,167	$	671	$	13,528	$	20,763
Not Designated as Hedges
Foreign exchange forward contracts	$	1,299	$	—	$	3,091	$	—
DIO equity option contracts	—		—		—		370
Interest rate swaps	—		—		83		228
Cross currency basis swaps	—		—		36,919		1,967
Total	$	1,299	$	—	$	40,093	$	2,565

	December 31, 2013
(in thousands)	Prepaid Expenses and Other Current Assets		Other Noncurrent Assets, Net		Accrued Liabilities		Other Noncurrent Liabilities
Designated as Hedges
Foreign exchange forward contracts	$	1,517	$	255	$	10,280	$	940
Commodity contracts	—		1		434		1
Interest rate swaps	789		1,617		466		419
Cross currency basis swaps	530		—		2,223		16,413
Total	$	2,836	$	1,873	$	13,403	$	17,773
Not Designated as Hedges
Foreign exchange forward contracts	$	3,128	$	—	$	2,328	$	—
DIO equity option contracts	—		—		—		142
Interest rate swaps	—		—		85		256
Cross currency basis swaps	—		—		38,551		1,941
Total	$	3,128	$	—	$	40,964	$	2,339

Balance Sheet Offsetting

Substantially all of the Company’s derivative contracts are subject to netting arrangements, whereby the right to offset occurs in the event of default or termination in accordance with the terms of the arrangements with the counterparty. While these contracts contain the enforceable right to offset through netting arrangements with the same counterparty, the Company elects to present them on a gross basis on the Consolidated Balance Sheets.

Offsetting of financial assets and liabilities under netting arrangements at March 31, 2014:

							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Assets
Foreign exchange forward contracts	$	3,489	$	—	$	3,489	$	(3,226	)	$	—	$	263
Interest rate swaps	1,887		—		1,887		(1,585		)	—		302
Cross currency basis swaps	761		—		761		(761		)	—		—
Total Assets	$	6,137	$	—	$	6,137	$	(5,572	)	$	—	$	565

							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Liabilities
Foreign exchange forward contracts	$	13,137	$	—	$	13,137	$	(2,349	)	$	—	$	10,788
Commodity contracts	167		—		167		—			—		167
DIO equity option contracts	370		—		370		—			—		370
Interest rate swaps	1,379		—		1,379		(77		)	—		1,302
Cross currency basis swaps	61,896		—		61,896		(3,146		)	—		58,750
Total Liabilities	$	76,949	$	—	$	76,949	$	(5,572	)	$	—	$	71,377

Offsetting of financial assets and liabilities under netting arrangements at December 31, 2013:

							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Assets
Foreign exchange forward contracts	$	4,900	$	—	$	4,900	$	(4,641	)	$	—	$	259
Commodity contracts	1		—		1		(1		)	—		—
Interest rate swaps	2,406		—		2,406		(1,979		)	—		427
Cross currency basis swaps	530		—		530		(530		)	—		—
Total Assets	$	7,837	$	—	$	7,837	$	(7,151	)	$	—	$	686

							Gross Amounts Not Offset in the Consolidated Balance Sheets
(in thousands)	Gross Amounts Recognized		Gross Amount Offset in the Consolidated Balance Sheets		Net Amounts Presented in the Consolidated Balance Sheets		Financial Instruments			Cash Collateral Received/Pledged		Net Amount
Liabilities
Foreign exchange forward contracts	$	13,548	$	—	$	13,548	$	(3,467	)	$	—	$	10,081
Commodity contracts	435		—		435		(1		)	—		434
DIO equity option contracts	142		—		142		—			—		142
Interest rate swaps	1,226		—		1,226		(62		)	—		1,164
Cross currency basis swaps	59,128		—		59,128		(3,621		)	—		55,507
Total Liabilities	$	74,479	$	—	$	74,479	$	(7,151	)	$	—	$	67,328

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CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Current Assets:
Cash and cash equivalents	$ 55,823	$ 74,954
Accounts and notes receivable-trade, net	496,221	472,802
Inventories, net	455,074	438,559
Prepaid expenses and other current assets	195,205	157,487
Total Current Assets	1,202,323	1,143,802
Property, plant and equipment, net	642,318	637,172
Identifiable intangible assets, net	785,997	795,323
Goodwill, net	2,286,715	2,281,596
Other noncurrent assets, net	172,080	220,154
Total Assets	5,089,433	5,078,047
Current Liabilities:
Accounts payable	141,591	132,789
Accrued liabilities	398,881	339,308
Income taxes payable	23,829	14,446
Notes payable and current portion of long-term debt	403,145	309,862
Total Current Liabilities	967,446	796,405
Long-term debt	1,065,463	1,166,178
Deferred income taxes	236,269	238,394
Other noncurrent liabilities	295,657	299,096
Total Liabilities	2,564,835	2,500,073
Commitments and contingencies
Equity:
Preferred stock, $.01 par value; .25 million shares authorized; no shares issued	0	0
Common stock, $.01 par value; 200.0 million shares authorized; 162.8 million shares issued at March 31, 2014 and December 31, 2013	1,628	1,628
Capital in excess of par value	211,467	255,272
Retained earnings	3,159,123	3,095,721
Accumulated other comprehensive loss	(75,665)	(69,062)
Treasury stock, at cost, 21.0 million and 20.5 million shares at March 31, 2014 and December 31, 2013, respectively	(773,520)	(748,506)
Total DENTSPLY International Equity	2,523,033	2,535,053
Noncontrolling Interests	1,565	42,921
Total Equity	2,524,598	2,577,974
Total Liabilities and Equity	$ 5,089,433	$ 5,078,047

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EARNINGS PER COMMON SHARE

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE

The dilutive effect of outstanding non-qualified stock options and RSU is reflected in diluted earnings per share by application of the treasury stock method. The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2014 and 2013:

Basic Earnings Per Common Share Computation	Three Months Ended
(in thousands, except per share amounts)	2014		2013
Net income attributable to DENTSPLY International	$	72,878	$	71,685
Weighted average common shares outstanding	142,053		142,775
Earnings per common share - basic	$	0.51	$	0.50
Diluted Earnings Per Common Share Computation
(in thousands, except per share amounts)
Net income attributable to DENTSPLY International	$	72,878	$	71,685
Weighted average common shares outstanding	142,053		142,775
Incremental weighted average shares from assumed exercise of dilutive options from stock-based compensation awards	2,400		2,324
Total weighted average diluted shares outstanding	144,453		145,099
Earnings per common share - diluted	$	0.50	$	0.49

Options to purchase 1.5 million and 3.5 million shares of common stock that were outstanding during the three months ended March 31, 2014 and 2013, respectively, were not included in the computation of diluted earnings per common share since the options’ exercise price were greater than the average market price of the common shares and, therefore, the effect would be antidilutive.

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COMPREHENSIVE INCOME

3 Months Ended

Mar. 31, 2014

COMPREHENSIVE INCOME [Abstract]

COMPREHENSIVE INCOME

COMPREHENSIVE INCOME

 During the quarter ended March 31, 2014, foreign currency translation adjustments included currency translation gains of $0.8 million and losses on the Company’s loans designated as hedges of net investments of $1.9 million.  During the quarter ended March 31, 2013, foreign currency translation adjustments included currency translation losses of $101.9 million and gains of $8.5 million on the Company’s loans designated as hedges of net investments.  

The cumulative foreign currency translation adjustments included translation gains of $245.2 million and $249.9 million at March 31, 2014 and December 31, 2013, respectively, were offset by losses of $110.8 million and $108.9 million, respectively, on loans designated as hedges of net investments.  These foreign currency translation adjustments were partially offset by movements on derivatives financial instruments, which are discussed in Note 10, Financial Instruments and Derivatives.

Changes in AOCI, net of tax, by component for the three months ended March 31, 2014 and 2013:

(in thousands)	Foreign Currency Translation Adjustments			Gain and (Loss) on Derivative Financial Instruments Designated as Cash Flow Hedges			Gain and (Loss) on Derivative Financial Instruments Designated as Net Investment Hedges			Net Unrealized Holding Gain (Loss) on Available-for-Sale Securities			Pension Liability Adjustments			Total
Balance at December 31, 2013	$	140,992		$	(21,753	)	$	(151,114	)	$	12,729		$	(49,916	)	$	(69,062	)
Other comprehensive income (loss) before reclassifications	(1,107		)	642			(976		)	(2,041		)	(154		)	(3,636		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			2,091			—			—			472			2,563
Net increase (decrease) in other comprehensive income	(1,107		)	2,733			(976		)	(2,041		)	318			(1,073		)
Foreign currency translation related to acquisition of noncontrolling interests	(5,530		)	—			—			—			—			(5,530		)
Balance at March 31, 2014	$	134,355		$	(19,020	)	$	(152,090	)	$	10,688		$	(49,598	)	$	(75,665	)

(in thousands)	Foreign Currency Translation Adjustments			Gain and (Loss) on Derivative Financial Instruments Designated as Cash Flow Hedges			Gain and (Loss) on Derivative Financial Instruments Designated as Net Investment Hedges			Net Unrealized Holding Gain (Loss)on Available-for-Sale Securities		Pension Liability Adjustments			Total
Balance at December 31, 2012	$	54,302		$	(17,481	)	$	(125,661	)	$	17,822	$	(73,182	)	$	(144,200	)
Other comprehensive income (loss) before reclassifications	(93,435		)	3,507			24,489			7,640		1,835			(55,964		)
Amounts reclassified from accumulated other comprehensive (loss) income	—			122			—			—		941			1,063
Net (decrease) increase in other comprehensive income	(93,435		)	3,629			24,489			7,640		2,776			(54,901		)
Balance at March 31, 2013	$	(39,133	)	$	(13,852	)	$	(101,172	)	$	25,462	$	(70,406	)	$	(199,101	)

Reclassification out of accumulated other comprehensive income (expense) to the Consolidated Statements of Operations for the three months ended March 31, 2014 and 2013:

(in thousands)
Details about AOCI Components	Amounts Reclassified from AOCI						Affected Line Item in the Statements of Operations
	Three Months Ended March 31,
	2014			2013
Gains and (losses) on derivative financial instruments:
Interest rate swaps	$	(926	)	$	(913	)	Interest expense
Foreign exchange forward contracts	(1,646		)	499			Cost of products sold
Foreign exchange forward contracts	(99		)	(30		)	SG&A expenses
Commodity contracts	(246		)	157			Cost of products sold
	(2,917		)	(287		)	Net (loss) gain before tax
	826			165			Tax benefit (expense)
	$	(2,091	)	$	(122	)	Net of tax
Amortization of defined benefit pension and other postemployment benefit items:
Amortization of prior service benefits	$	34		$	34		(a)
Amortization of net actuarial losses	(719		)	(1,368		)	(a)
	(685		)	(1,334		)	Net loss before tax
	213			393			Tax benefit
	$	(472	)	$	(941	)	Net of tax
Total reclassifications for the period	$	(2,563	)	$	(1,063	)

(a) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for the three months ended March 31, 2014 and 2013 (see Note 8, Benefit Plans, for additional details).

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COMMITMENTS AND CONTINGENCIES

3 Months Ended

Mar. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES

Litigation

On June 18, 2004, Marvin Weinstat, DDS and Richard Nathan, DDS filed a class action suit in San Francisco County, California alleging that the Company misrepresented that its Cavitron® ultrasonic scalers are suitable for use in oral surgical procedures. The Complaint seeks a recall of the product and refund of its purchase price to dentists who have purchased it for use in oral surgery. The Court certified the case as a class action in June 2006 with respect to the breach of warranty and unfair business practices claims. The class that was certified is defined as California dental professionals who, at any time during the period beginning June 18, 2000 through September 14, 2012, purchased and used one or more Cavitron® ultrasonic scalers for the performance of oral surgical procedures on their patients, which Cavitrons® were accompanied by Directions for Use that “Indicated” Cavitron® use for “periodontal debridement for all types of periodontal disease.” The case went to trial in September 2013, and on January 22, 2014, the San Francisco Superior Court issued its decision in the Company’s favor, rejecting all of the plaintiffs’ claims. The plaintiffs have appealed the Superior Court’s decision, and the appeal is now pending. The Company intends to defend against this appeal.

On December 12, 2006, a Complaint was filed by Carole Hildebrand, DDS and Robert Jaffin, DDS in the Eastern District of Pennsylvania (the Plaintiffs subsequently added Dr. Mitchell Goldman as a named class representative).  The case was filed by the same law firm that filed the Weinstat case in California.  The Complaint asserts putative class action claims on behalf of dentists located in New Jersey and Pennsylvania. The Complaint seeks damages and asserts that the Company’s Cavitron® ultrasonic scaler was negligently designed and sold in breach of contract and warranty arising from misrepresentations about the potential uses of the product because it cannot assure the delivery of potable or sterile water. Following dismissal of the case for lack of jurisdiction, the plaintiffs filed a second complaint under the name of Dr. Hildebrand’s corporate practice, Center City Periodontists, asserting the same allegations (this case is now proceeding under the name “Center City Periodontists”). The plaintiffs moved to have the case certified as a class action, to which the Company has objected and filed its brief. The Court subsequently granted a Motion filed by the Company and dismissed plaintiffs’ New Jersey Consumer Fraud and negligent design claims, leaving only a breach of express warranty claim, in response to which the Company has filed a Motion for Summary Judgment.

On January 20, 2014, the Company was served with a qui tam complaint filed by two former and one current employee of the Company under the Federal False Claims Act and equivalent state and city laws. The lawsuit was previously under seal in the U.S. District Court for the Eastern District of Pennsylvania. The complaint alleges, among other things, that the Company engaged in various illegal marketing activities, and thereby caused dental and other healthcare professionals to file false claims for reimbursement with Federal and State governments. The relators seek injunctive relief, fines, treble damages, and attorneys’ fees and costs. On January 27, 2014, the United States filed with the Court a notice that it had elected not to intervene in the qui tam action at this time. The United States’ notice indicated that the named state and city co-plaintiffs had authorized the United States to communicate to the Court that they also had decided not to intervene at this time. These non-intervention decisions do not prevent the qui tam relators from litigating this action, and the United States and/or the named states and/or cities may seek to intervene in the action at a later time. The Company has filed a motion to dismiss the complaint and intends to vigorously defend itself in the litigation.

The Company does not believe a loss is probable related to the above litigation. Further a reasonable estimate of a possible range of loss cannot be made. In the event that one or more of these matters is unfavorably resolved, it is possible the Company’s results from operations could be materially impacted.

In 2012, the Company received subpoenas from the United States Attorney’s Office for the Southern District of Indiana (the “USAO”) and from the Office of Foreign Assets Control of the United States Department of the Treasury (“OFAC”) requesting documents and information related to compliance with export controls and economic sanctions regulations by certain of its subsidiaries. The Company has voluntarily contacted OFAC and the Bureau of Industry and Security of the United States Department of Commerce (“BIS”), in connection with these matters as well as regarding compliance with export controls and economic sanctions regulations by certain other business units of the Company identified in connection with an ongoing internal review by the Company. The Company is cooperating with the USAO, OFAC and BIS with respect to these matters.

At this stage of the inquiries, the Company is unable to predict the ultimate outcome of these matters or what impact, if any, the outcome of these matters might have on the Company’s consolidated financial position, results of operations or cash flows. Violations of export control or economic sanctions laws or regulations could result in a range of governmental enforcement actions, including fines or penalties, injunctions and/or criminal or other civil proceedings, which actions could have a material adverse effect on the Company’s reputation, business, financial condition and results of operations. At this time, no claims have been made against the Company.

In addition to the matters disclosed above, the Company is, from time to time, subject to a variety of litigation and similar proceedings incidental to its business.  These legal matters primarily involve claims for damages arising out of the use of the Company’s products and services and claims relating to intellectual property matters including patent infringement, employment matters, tax matters, commercial disputes, competition and sales and trading practices, personal injury and insurance coverage.  The Company may also become subject to lawsuits as a result of past or future acquisitions or as a result of liabilities retained from, or representations, warranties or indemnities provided in connection with, divested businesses.  Some of these lawsuits may include claims for punitive and consequential, as well as compensatory damages.  Based upon the Company’s experience, current information and applicable law, it does not believe that these proceedings and claims will have a material adverse effect on its consolidated results of operations, financial position or liquidity. However, in the event of unexpected further developments, it is possible that the ultimate resolution of these matters, or other similar matters, if unfavorable, may be materially adverse to the Company’s business, financial condition, results of operations or liquidity.

While the Company maintains general, products, property, workers’ compensation, automobile, cargo, aviation, crime, fiduciary and directors’ and officers’ liability insurance up to certain limits that cover certain of these claims, this insurance may be insufficient or unavailable to cover such losses.  In addition, while the Company believes it is entitled to indemnification from third parties for some of these claims, these rights may also be insufficient or unavailable to cover such losses.

Purchase Commitments

From time to time, the Company enters into long-term inventory purchase commitments with minimum purchase requirements for raw materials and finished goods to ensure the availability of products for production and distribution.  These commitments may have a significant impact on levels of inventory maintained by the Company.

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FAIR VALUE MEASUREMENT

3 Months Ended

Mar. 31, 2014

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT

The Company records financial instruments at fair value with unrealized gains and losses related to certain financial instruments reflected in AOCI on the Consolidated Balance Sheets.  In addition, the Company recognizes certain liabilities at fair value.  The Company applies the market approach for recurring fair value measurements.  Accordingly, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs.

The fair value of financial instruments is determined by reference to various market data and other valuation techniques as appropriate. The Company believes the carrying amounts of cash and cash equivalents, accounts receivable (net of allowance for doubtful accounts), prepaid expenses and other current assets, accounts payable, accrued liabilities, income taxes payable and notes payable approximate fair value due to the short-term nature of these instruments.  The Company estimated the fair value and carrying value of total long-term debt, including the current portion, was $1,335.2 million and $1,298.4 million, respectively, at March 31, 2014.  At December 31, 2013, the Company estimated the fair value and carrying value, including the current portion, was $1,387.7 million and $1,370.8 million respectively.  The interest rate on the $450.0 million Senior Notes, the $300.0 million Senior Notes, and the $250.0 million PPN are fixed rates of 4.2%, 2.8% and 4.1%, respectively, and their fair value is based on the interest rates as of March 31, 2014. The interest rates on variable rate term loan debt and commercial paper are consistent with current market conditions, therefore the fair value of these instruments approximates their carrying values.

The following tables set forth by level within the fair value hierarchy the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis at March 31, 2014 and December 31, 2013, which are classified as “Cash and cash equivalents,” “Prepaid expenses and other current assets,” “Other noncurrent assets, net,” “Accrued liabilities,” and “Other noncurrent liabilities” in the Consolidated Balance Sheets.  Financial assets and liabilities that are recorded at fair value as of the balance sheet date are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

	March 31, 2014
(in thousands)	Total		Level 1		Level 2		Level 3
Assets
Interest rate swaps	$	1,887	$	—	$	1,887	$	—
Cross currency basis swaps	761		—		761		—
Foreign exchange forward contracts	3,489		—		3,489		—
DIO Corporation convertible bonds	67,173		—		—		67,173
Total assets	$	73,310	$	—	$	6,137	$	67,173
Liabilities
Interest rate swaps	$	1,379	$	—	$	1,379	$	—
Commodity contracts	167		—		167		—
Cross currency basis swaps	61,896		—		61,896		—
Foreign exchange forward contracts	13,137		—		13,137		—
Long term debt	106,897		—		106,897		—
DIO equity option contracts	370		—		—		370
Total liabilities	$	183,846	$	—	$	183,476	$	370

	December 31, 2013
(in thousands)	Total		Level 1		Level 2		Level 3
Assets
Interest rate swaps	$	2,406	$	—	$	2,406	$	—
Commodity contracts	1		—		1		—
Cross currency basis swaps	530		—		530		—
Foreign exchange forward contracts	4,900		—		4,900		—
DIO Corporation convertible bonds	70,019		—		—		70,019
Total assets	$	77,856	$	—	$	7,837	$	70,019
Liabilities
Interest rate swaps	$	1,226	$	—	$	1,226	$	—
Commodity contracts	435		—		435		—
Cross currency basis swaps	59,128		—		59,128		—
Foreign exchange forward contracts	13,548		—		13,548		—
Long term debt	152,370		—		152,370		—
DIO equity option contracts	142		—		—		142
Total liabilities	$	226,849	$	—	$	226,707	$	142

Derivative valuations are based on observable inputs to the valuation model including interest rates, foreign currency exchange rates, future commodities prices and credit risks.  As discussed in Note 10, Financial Instruments and Derivatives, commodity contracts, certain interest rate swaps and foreign exchange forward contracts are considered cash flow hedges. In addition, certain cross currency basis swaps and foreign exchange forward contracts are considered hedges of net investments in foreign operations.

The Company uses the income method valuation technique to estimate the fair value of the DIO Corporation convertible bonds.  The significant unobservable inputs for valuing the corporate bonds are DIO Corporation’s stock volatility factor of approximately 40% and corporate bond rating which implies approximately a 13% discount rate on the valuation model.  Significant observable inputs used to value the corporate bonds include foreign exchange rates and DIO Corporation’s period-ending market stock price.

The Company has valued the DIO equity option contracts using a Monte Carlo simulation which uses several estimates and probability assumptions by management including the future stock price, the stock price as a multiple of DIO earnings and the probability of the sellers to reduce their shares held by selling into the open market.  The fair value of equity option contracts are reported in “Other noncurrent liabilities,” on the Consolidated Balance Sheets and changes in the fair value are reported in “Other expense (income), net” in the Consolidated Statements of Operations.

The following table presents a reconciliation of the Company’s Level 3 holdings measured at fair value on a recurring basis using unobservable inputs:

(in thousands)	DIO Corporation Convertible Bonds			DIO Equity Options Contracts
Balance at December 31, 2013	$	70,019		$	(142	)
Unrealized loss:
Reported in AOCI, pretax	(2,970		)	—
Unrealized gain:
Reported in other expense (income), net	—			(228		)
Effects of exchange rate changes	124			—
Balance at March 31, 2014	$	67,173		$	(370	)

For the three months ended March 31, 2014, there were no purchases, issuances or transfers of Level 3 financial instruments.

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INVENTORIES

3 Months Ended

Mar. 31, 2014

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

Inventories are stated at the lower of cost or market.  At March 31, 2014 and December 31, 2013, the cost of $7.4 million and $6.5 million, respectively, was determined by the last-in, first-out (“LIFO”) method. The cost of other inventories was determined by the first-in, first-out (“FIFO”) or average cost methods. If the FIFO method had been used to determine the cost of LIFO inventories, the amounts at which net inventories are stated would be higher than reported at March 31, 2014 and December 31, 2013 by $6.2 million and $5.9 million, respectively.

The Company establishes reserves for inventory estimated to be obsolete or unmarketable. Assumptions about future demand and market conditions are considered when estimating these reserves. The inventory valuation reserves were $37.6 million and $34.2 million at March 31, 2014 and December 31, 2013, respectively.

Inventories, net of inventory valuation reserves, consist of the following:

(in thousands)	March 31, 2014		December 31, 2013
Finished goods	$	286,141	$	285,271
Work-in-process	72,874		67,718
Raw materials and supplies	96,059		85,570
Inventories, net	$	455,074	$	438,559

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FINANCIAL INSTRUMENTS AND DERIVATIVES Fair Value of Cross Currency Basis Swaps that are Designated as Hedges of Net Investments in Foreign Operations (Details) In Thousands, unless otherwise specified	Mar. 31, 2014 Not Designated as Hedging Instrument [Member] USD ($)	Mar. 31, 2014 Not Designated as Hedging Instrument [Member] Cross Currency Basis Swaps USD ($)	Mar. 31, 2014 Designated as Hedging Instrument [Member] Net Investment Hedging [Member] USD ($)	Mar. 31, 2014 Designated as Hedging Instrument [Member] Net Investment Hedging [Member] Foreign Exchange Contract [Member] USD ($)	Mar. 31, 2014 Designated as Hedging Instrument [Member] Net Investment Hedging [Member] Cross Currency Basis Swaps USD ($)	Feb. 14, 2014 Euro Member Countries, Euro Not Designated as Hedging Instrument [Member] Foreign Exchange Contract [Member] EUR (€)	Mar. 25, 2014 Euro Member Countries, Euro Designated as Hedging Instrument [Member] Net Investment Hedging [Member] Foreign Exchange Contract [Member] EUR (€)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	$ 1,841,183	$ 751,253	$ 669,719	$ 180,466	$ 489,253	€ 449,800	€ 25,000
Derivative, Notional amount maturing within 12 months	$ 1,819,663	$ 732,718	$ 206,668	$ 115,718	$ 90,950

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BUSINESS ACQUISITIONS

3 Months Ended

Mar. 31, 2014

Business Combinations [Abstract]

BUSINESS ACQUISITIONS

BUSINESS ACQUISITIONS

During the three months ended March 31, 2014, the Company recorded a liability for the purchase of the remaining shares of one variable interest entity. The amount is preliminary and is based on the Company’s best estimate of this obligation, which is subject to contractual adjustments. As a result, the Company recorded a reduction to additional paid in capital for the excess of the purchase price above the carrying value of the noncontrolling interest. The Company expects to finalize the transaction in 2014.

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SEGMENT AND GEOGRAPHIC INFORMATION

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The Company has numerous operating businesses covering a wide range of dental and certain healthcare products and geographic regions, primarily serving the professional dental market. Professional dental products represented approximately 88% and 89% of sales for the three months ended March 31, 2014 and 2013, respectively.

The operating businesses are combined into operating groups, which generally have overlapping product offerings, geographical presence, customer bases, distribution channels, and regulatory oversight. These operating groups are considered the Company’s reportable segments as the Company’s chief operating decision-maker regularly reviews financial results at the operating group level and uses this information to manage the Company’s operations. The accounting policies of the segments are consistent with those described in the Company’s most recently filed Form 10-K in the summary of significant accounting policies. The Company’s segments are measured on net third party sales, excluding precious metal content and segment income for reporting purposes. Net sales excluding precious metal content are the Company’s net sales excluding the precious metal cost within the products sold, and are considered a non-US GAAP measure. The Company’s exclusion of precious metal content in the measurement of net third party sales enhances comparability of performance between periods as it excludes the fluctuating market prices of the precious metal content. The Company defines segment income for reporting purposes as net operating income before restructuring and other costs, interest expense, interest income, other expense (income), net and provision for income taxes. Generally, the Company evaluates performance of the segments based on the groups’ segment income and net third party sales, excluding precious metal content. A description of the products and services provided within each of the Company’s three reportable segments is provided below.

Significant interdependencies exist among the Company’s operations in certain geographic areas. Inter-segment sales are at prices intended to provide a reasonable profit to the manufacturing unit after recovery of all manufacturing costs and to provide a reasonable profit for purchasing locations after coverage of marketing and general and administrative costs.

During the three months ended March 31, 2014, the Company realigned reporting responsibilities for multiple locations as a result of changes to the management structure. The segment information below reflects the revised structure for all periods shown.

Dental Consumable Businesses

This segment includes responsibility for the design, manufacturing, sales and distribution of certain small equipment and chairside consumable products in the United States, Germany and certain other European regions.  It also has responsibility for the sales and distribution of certain endodontic products in Germany and certain other European regions as well as chairside consumable, endodontic and dental laboratory products in Australia.

Dental Specialty and Laboratory Businesses

This segment includes responsibility for the design, manufacture, sales and distribution of most of the Company’s dental specialty products, including endodontic, orthodontic and implant products, in most regions of the world. In addition, this segment is responsible for the design, manufacture, sales and distribution of most of the Company’s dental laboratory products. This segment is also responsible for the sales and distribution of most of the Company’s other dental products within certain European regions as well as Japan, Canada and Mexico, and the design, manufacture, worldwide distribution and sales of certain non-dental products, excluding urological and surgery-related products.

Healthcare and Emerging Markets Businesses

This segment is responsible for the worldwide design, manufacturing, sales and distribution of the Company’s healthcare products, primarily urological and surgery-related products, throughout most of the world. This segment also includes the responsibility for the sales and distribution of most of the Company’s dental products sold in Eastern Europe, Middle East, South America, Latin America, Asia (excluding Japan) and Africa.

The following tables set forth information about the Company’s segments for the three months ended March 31, 2014 and 2013:

Third Party Net Sales

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	173,976		$	163,707
Dental Specialty and Laboratory Businesses	432,407			447,977
Healthcare and Emerging Markets Businesses	124,946			121,739
All Other (a)	(1,215		)	(1,339		)
Total net sales	$	730,114		$	732,084

(a) Includes amounts recorded at Corporate headquarters.

Third Party Net Sales, Excluding Precious Metal Content

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	173,914		$	163,609
Dental Specialty and Laboratory Businesses	391,681			388,916
Healthcare and Emerging Markets Businesses	124,802			121,463
All Other (b)	(1,215		)	(1,339		)
Total net sales, excluding precious metal content	689,182			672,649
Precious metal content of sales	40,932			59,435
Total net sales, including precious metal content	$	730,114		$	732,084

(b) Includes amounts recorded at Corporate headquarters.

Inter-segment Net Sales

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	28,601		$	30,230
Dental Specialty and Laboratory Businesses	50,231			42,965
Healthcare and Emerging Markets Businesses	3,306			3,114
All Other (c)	60,785			57,427
Eliminations	(142,923		)	(133,736		)
Total	$	—		$	—

(c) Includes amounts recorded at Corporate headquarters and one distribution warehouse not managed by named segments.

Segment Operating Income (Loss)

	Three Months Ended
(in thousands)	2014			2013
Dental Consumable Businesses	$	58,509		$	54,315
Dental Specialty and Laboratory Businesses	73,913			69,678
Healthcare and Emerging Markets Businesses	4,724			1,466
All Other (d)	(30,783		)	(30,936		)
Segment operating income	106,363			94,523
Reconciling Items:
Restructuring and other costs	793			665
Interest expense	10,955			15,221
Interest income	(1,435		)	(2,175		)
Other expense (income), net	388			2,918
Income before income taxes	$	95,662		$	77,894

(d) Includes the results of Corporate headquarters, inter-segment eliminations and one distribution warehouse not managed by named segments.

Assets

(in thousands)	March 31, 2014		December 31, 2013
Dental Consumable Businesses	$	699,477	$	699,386
Dental Specialty and Laboratory Businesses	3,380,841		3,404,604
Healthcare and Emerging Markets Businesses	932,147		869,907
All Other (e)	76,968		104,150
Total	$	5,089,433	$	5,078,047

(e) Includes the assets of Corporate headquarters, inter-segment eliminations and one distribution warehouse not managed by named segments.

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BENEFIT PLANS

3 Months Ended

Mar. 31, 2014

Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]

BENEFIT PLANS

BENEFIT PLANS

The following sets forth the components of net periodic benefit cost of the Company’s defined benefit plans and for the Company’s other postemployment benefit plans for the three months ended March 31, 2014 and 2013:

Defined Benefit Plans	Three Months Ended
(in thousands)	2014			2013
Service cost	$	3,552		$	3,723
Interest cost	2,866			2,477
Expected return on plan assets	(1,387		)	(1,247		)
Amortization of prior service credit	(34		)	(34		)
Amortization of net actuarial loss	707			1,280
Curtailments and settlement gains	—			(390		)
Net periodic benefit cost	$	5,704		$	5,809

Other Postemployment Benefit Plans	Three Months Ended
(in thousands)	2014		2013
Service cost	$	44	$	61
Interest cost	140		122
Amortization of net actuarial loss	12		88
Net periodic benefit cost	$	196	$	271

The following sets forth the information related to the contributions to the Company’s benefit plans for 2014:

(in thousands)	Pension Benefits		Other Postemployment Benefits
Actual contributions through March 31, 2014	$	3,671	$	75
Projected contributions for the remainder of the year	8,940		427
Total projected contributions	$	12,611	$	502

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FINANCIAL INSTRUMENTS AND DERIVATIVES Impact of the Companys Fair Value Hedges (Details) (Designated as Hedging Instrument [Member], Interest Expense, Fair Value Hedging, Interest Expense, USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Designated as Hedging Instrument [Member] | Interest Expense | Fair Value Hedging | Interest Expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ 87	$ 62

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FINANCIAL INSTRUMENTS AND DERIVATIVES Impact of the Company's Hedges Not Designated as Hedging (Detail) (Not Designated as Hedging Instrument [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ (3,855)		$ (22,940)
Foreign Exchange Contract [Member] | Other Expense
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	(4,441)	[1]	2,515	[1]
Equity Option [Member] | Other Expense
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	(228)		(33)
Interest Rate Swap | Interest Expense
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	(11)		10
Cross Currency Basis Swaps | Other Expense
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ 825	[1]	$ (25,432)	[1]

[1] (a) The gains and losses on these derivative transactions offset the gains and losses generated by the revaluation of the underlying non-functional currency balances which are recorded in “Other expense (income), net” on the Consolidated Statements of Operations.

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FINANCIAL INSTRUMENTS AND DERIVATIVES Impact of the Company's Cash Flow Hedges (Detail) (Designated as Hedging Instrument [Member], Cash Flow Hedging, USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ 771	$ 4,384
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(2,917)	(287)
Ineffective portion Recognized in Income	93	(27)
Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(387)	191
Interest Rate Swap | Interest Expense
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(926)	(913)
Foreign Exchange Contract [Member]
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net		187
Derivative Instruments, Loss Recognized in Other Comprehensive Income (Loss), Effective Portion	(10)
Derivative Instruments, Gain Recognized in Other Comprehensive Income (Loss), Effective Portion	1,067	4,022
Foreign Exchange Contract [Member] | Cost of Sales
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(1,646)	499
Foreign Exchange Contract [Member] | Selling, General and Administrative Expenses [Member]
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(99)	(30)
Foreign Exchange Contract [Member] | Other Expense
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Ineffective portion Recognized in Income	106	(13)
Commodity Contract [Member]
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	101	(16)
Commodity Contract [Member] | Interest Expense
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Ineffective portion Recognized in Income	(13)	(14)
Commodity Contract [Member] | Cost of Sales
Derivative Instruments and Hedging Activities Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ (246)	$ 157

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GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements [Abstract]

Changes In Goodwill Table Text Block

A reconciliation of changes in the Company’s goodwill is as follows:

(in thousands)	Dental Consumable Businesses		Dental Specialty and Laboratory Businesses			Healthcare and Emerging Markets Businesses		Total
Balance at December 31, 2013	$	325,044	$	1,576,126		$	380,426	$	2,281,596
Adjustments of provisional amounts on prior acquisitions	—		(1,413		)	—		(1,413		)
Effects of exchange rate changes	1,008		1,269			4,255		6,532
Balance at March 31, 2014	$	326,052	$	1,575,982		$	384,681	$	2,286,715

Reconciliation of Changes in the Company's Goodwill

GOODWILL AND INTANGIBLE ASSETS

A reconciliation of changes in the Company’s goodwill is as follows:

(in thousands)	Dental Consumable Businesses		Dental Specialty and Laboratory Businesses			Healthcare and Emerging Markets Businesses		Total
Balance at December 31, 2013	$	325,044	$	1,576,126		$	380,426	$	2,281,596
Adjustments of provisional amounts on prior acquisitions	—		(1,413		)	—		(1,413		)
Effects of exchange rate changes	1,008		1,269			4,255		6,532
Balance at March 31, 2014	$	326,052	$	1,575,982		$	384,681	$	2,286,715

Identifiable definite-lived and indefinite-lived intangible assets consist of the following:

	March 31, 2014							December 31, 2013
(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Patents	$	182,825	$	(94,075	)	$	88,750	$	181,847	$	(91,736	)	$	90,111
Trademarks	85,917		(37,193		)	48,724		85,922		(35,994		)	49,928
Licensing agreements	32,180		(21,468		)	10,712		31,950		(20,992		)	10,958
Customer relationships	500,396		(91,075		)	409,321		497,108		(82,381		)	414,727
Total definite-lived	$	801,318	$	(243,811	)	$	557,507	$	796,827	$	(231,103	)	$	565,724
Trademarks and In-process R&D	$	228,490	$	—		$	228,490	$	229,599	$	—		$	229,599
Total identifiable intangible assets	$	1,029,808	$	(243,811	)	$	785,997	$	1,026,426	$	(231,103	)	$	795,323

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INVENTORIES Additional Information (Detail) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Disclosure - Inventories, Net - Additional Information [Abstract]
LIFO inventory amount	$ 7.4	$ 6.5
Inventory, LIFO reserve	6.2	5.9
Inventory valuation reserve	$ 37.6	$ 34.2

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FINANCING ARRANGEMENTS

3 Months Ended

Mar. 31, 2014

Debt Disclosure [Abstract]

FINANCING ARRANGEMENTS

NOTE 13 – FINANCING ARRANGEMENTS

During the three months ended March 31, 2014, the Company refinanced the first required payment of $75.0 million PPN due February 2016 by issuing commercial paper. The second required payment of $100.0 million due in February 2015 has been classified as current on the Consolidated Balance Sheets.

The Company’s revolving credit facility, term loans and PPN contain certain affirmative and negative covenants relating to the Company's operations and financial condition. At March 31, 2014, the Company was in compliance with all debt covenants.

At March 31, 2014, the Company had total unused lines of credit, including lines available under its short-term arrangements and revolving credit agreement, of $406.3 million.

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COMPREHENSIVE INCOME Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2014

COMPREHENSIVE INCOME [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in AOCI, net of tax, by component for the three months ended March 31, 2014 and 2013:

(in thousands)	Foreign Currency Translation Adjustments			Gain and (Loss) on Derivative Financial Instruments Designated as Cash Flow Hedges			Gain and (Loss) on Derivative Financial Instruments Designated as Net Investment Hedges			Net Unrealized Holding Gain (Loss) on Available-for-Sale Securities			Pension Liability Adjustments			Total
Balance at December 31, 2013	$	140,992		$	(21,753	)	$	(151,114	)	$	12,729		$	(49,916	)	$	(69,062	)
Other comprehensive income (loss) before reclassifications	(1,107		)	642			(976		)	(2,041		)	(154		)	(3,636		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			2,091			—			—			472			2,563
Net increase (decrease) in other comprehensive income	(1,107		)	2,733			(976		)	(2,041		)	318			(1,073		)
Foreign currency translation related to acquisition of noncontrolling interests	(5,530		)	—			—			—			—			(5,530		)
Balance at March 31, 2014	$	134,355		$	(19,020	)	$	(152,090	)	$	10,688		$	(49,598	)	$	(75,665	)

(in thousands)	Foreign Currency Translation Adjustments			Gain and (Loss) on Derivative Financial Instruments Designated as Cash Flow Hedges			Gain and (Loss) on Derivative Financial Instruments Designated as Net Investment Hedges			Net Unrealized Holding Gain (Loss)on Available-for-Sale Securities		Pension Liability Adjustments			Total
Balance at December 31, 2012	$	54,302		$	(17,481	)	$	(125,661	)	$	17,822	$	(73,182	)	$	(144,200	)
Other comprehensive income (loss) before reclassifications	(93,435		)	3,507			24,489			7,640		1,835			(55,964		)
Amounts reclassified from accumulated other comprehensive (loss) income	—			122			—			—		941			1,063
Net (decrease) increase in other comprehensive income	(93,435		)	3,629			24,489			7,640		2,776			(54,901		)
Balance at March 31, 2013	$	(39,133	)	$	(13,852	)	$	(101,172	)	$	25,462	$	(70,406	)	$	(199,101	)

Reclassification out of Accumulated Other Comprehensive Income

Reclassification out of accumulated other comprehensive income (expense) to the Consolidated Statements of Operations for the three months ended March 31, 2014 and 2013:

(in thousands)
Details about AOCI Components	Amounts Reclassified from AOCI						Affected Line Item in the Statements of Operations
	Three Months Ended March 31,
	2014			2013
Gains and (losses) on derivative financial instruments:
Interest rate swaps	$	(926	)	$	(913	)	Interest expense
Foreign exchange forward contracts	(1,646		)	499			Cost of products sold
Foreign exchange forward contracts	(99		)	(30		)	SG&A expenses
Commodity contracts	(246		)	157			Cost of products sold
	(2,917		)	(287		)	Net (loss) gain before tax
	826			165			Tax benefit (expense)
	$	(2,091	)	$	(122	)	Net of tax
Amortization of defined benefit pension and other postemployment benefit items:
Amortization of prior service benefits	$	34		$	34		(a)
Amortization of net actuarial losses	(719		)	(1,368		)	(a)
	(685		)	(1,334		)	Net loss before tax
	213			393			Tax benefit
	$	(472	)	$	(941	)	Net of tax
Total reclassifications for the period	$	(2,563	)	$	(1,063	)

(a) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for the three months ended March 31, 2014 and 2013 (see Note 8, Benefit Plans, for additional details).

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SEGMENT INFORMATION Segment Operating Income (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income	$ 105,570		$ 93,858
Restructuring and other costs	793		665
Interest expense	10,955		15,221
Interest income	(1,435)		(2,175)
Other expense (income), net	388		2,918
Income before income taxes	95,662		77,894
Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income	106,363		94,523
Operating Segments [Member] | Healthcare and Emerging Markets Businesses [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income	4,724		1,466
Operating Segments [Member] | Dental Specialty and Laboratory Businesses [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income	73,913		69,678
Operating Segments [Member] | Dental Consumable Businesses [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income	58,509		54,315
Operating Segments [Member] | All Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income	$ (30,783)	[1]	$ (30,936)	[1]

[1] (d) Includes the results of Corporate headquarters, inter-segment eliminations and one distribution warehouse not managed by named segments.

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COMPREHENSIVE INCOME Balances included in AOCI, Net of Tax, in the Consolidated Balance Sheets (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	$ (69,062)	$ (144,200)
Other comprehensive income (loss) before reclassifications	(3,636)	(55,964)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	2,563	1,063
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	71,805	16,784
Ending balance	(75,665)	(199,101)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(1,073)	(54,901)
Accumulated Defined Benefit Plans Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(49,916)	(73,182)
Other comprehensive income (loss) before reclassifications	(154)	1,835
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	472	941
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	318	2,776
Ending balance	(49,598)	(70,406)
Accumulated Net Unrealized Investment Gain (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	12,729	17,822
Other comprehensive income (loss) before reclassifications	(2,041)	7,640
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(2,041)	7,640
Ending balance	10,688	25,462
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(21,753)	(17,481)
Other comprehensive income (loss) before reclassifications	642	3,507
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	2,091	122
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(2,733)	(3,629)
Ending balance	(19,020)	(13,852)
Accumulated Net Gain (Loss) from Designated or Qualifying Net Investment Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(151,114)	(125,661)
Other comprehensive income (loss) before reclassifications	(976)	24,489
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(976)	24,489
Ending balance	(152,090)	(101,172)
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	140,992	54,302
Other comprehensive income (loss) before reclassifications	(1,107)	(93,435)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(1,107)	(93,435)
Ending balance	$ 134,355	$ (39,133)

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CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	250,000.00	250,000.00
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000.0	200,000,000.0
Common stock, shares issued	162,800,000	162,800,000
Treasury stock, shares	21,000,000	20,500,000

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STOCK COMPENSATION

3 Months Ended

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

STOCK COMPENSATION

STOCK COMPENSATION

The following table represents total stock based compensation expense for non-qualified stock options, restricted stock units (“RSU”) and the tax related benefit for the three months ended March 31, 2014 and 2013:

	Three Months Ended
(in thousands)	2014		2013
Stock option expense	$	1,674	$	2,128
RSU expense	3,719		2,933
Total stock based compensation expense	$	5,393	$	5,061
Total related tax benefit	$	1,564	$	1,287

At March 31, 2014, the remaining unamortized compensation cost related to non-qualified stock options is $15.6 million, which will be expensed over the weighted average remaining vesting period of the options, or approximately 2.0 years. At March 31, 2014, the unamortized compensation cost related to RSU is $31.1 million, which will be expensed over the weighted average remaining restricted period of the RSU, or approximately 1.8 years.

The following table reflects the non-qualified stock option transactions from December 31, 2013 through March 31, 2014:

	Outstanding						Exercisable
(in thousands, except per share data)	Shares		Weighted Average Exercise Price		Aggregate Intrinsic Value		Shares	Weighted Average Exercise Price		Aggregate Intrinsic Value
Balance at December 31, 2013	8,295		$	35.04	$	111,450	6,225	$	33.67	$	92,200
Granted	851		45.11
Exercised	(125	)	33.10
Cancelled	(4	)	45.15
Forfeited	(7	)	38.72
Balance at March 31, 2014	9,010		$	36.02	$	90,324	7,092	$	34.35	$	82,916

At March 31, 2014, the weighted average remaining contractual term of all outstanding options is approximately 5.8 years and the weighted average remaining contractual term of exercisable options is approximately 4.9 years.

The following table summarizes the unvested RSU transactions from December 31, 2013 through March 31, 2014:

(in thousands, except per share data)	Shares		Weighted Average Grant Date Fair Value
Balance at December 31, 2013	1,131		$	38.81
Granted	427		45.11
Vested	(261	)	36.61
Forfeited	(84	)	40.78
Balance at March 31, 2014	1,213		$	41.36

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FINANCIAL INSTRUMENTS AND DERIVATIVES Additional Information (Detail)	3 Months Ended				3 Months Ended	12 Months Ended									3 Months Ended
	Mar. 31, 2014 group	Feb. 14, 2014 EUR (€)	Mar. 31, 2014 Interest Rate Swap Currency, Japanese Yen	Mar. 31, 2014 Interest Rate Swap Currency, Swiss Franc	Mar. 31, 2014 Private Placement Notes Fair Value Hedging	Dec. 31, 2013 Private Placement Notes Interest Rate Swap Fair Value Hedging	Apr. 04, 2011 Private Placement Notes Interest Rate Swap Fair Value Hedging USD ($)	Feb. 28, 2010 Private Placement Notes Interest Rate Swap Fair Value Hedging USD ($)	Mar. 31, 2014 Unsecured Senior Notes Tranche C USD ($)	Mar. 31, 2014 Designated as Hedging Instrument [Member] Cash Flow Hedging USD ($)	Mar. 31, 2014 Designated as Hedging Instrument [Member] Foreign Exchange Contract [Member] Cash Flow Hedging USD ($)	Mar. 31, 2014 Designated as Hedging Instrument [Member] Interest Rate Swap Cash Flow Hedging USD ($)	Mar. 31, 2014 Designated as Hedging Instrument [Member] Interest Rate Swap Fair Value Hedging USD ($)	Mar. 31, 2014 Designated as Hedging Instrument [Member] Commodity Contract [Member] Cash Flow Hedging USD ($)	Mar. 31, 2014 Designated as Hedging Instrument [Member] Cross Currency Basis Swaps USD ($)	Mar. 31, 2014 Not Designated as Hedging Instrument [Member] USD ($)	Mar. 31, 2014 Not Designated as Hedging Instrument [Member] Interest Rate Swap USD ($)	Mar. 31, 2014 Not Designated as Hedging Instrument [Member] Foreign Exchange Forward USD ($)	Mar. 31, 2014 Not Designated as Hedging Instrument [Member] Cross Currency Basis Swaps USD ($)	Feb. 14, 2014 Euro Member Countries, Euro Not Designated as Hedging Instrument [Member] Foreign Exchange Contract [Member] EUR (€)	Mar. 31, 2014 Switzerland, Francs Designated as Hedging Instrument [Member] Interest Rate Swap Cash Flow Hedging CHF	Mar. 31, 2014 Switzerland, Francs Not Designated as Hedging Instrument [Member] Cross Currency Basis Swaps CHF	Mar. 31, 2014 Japan, Yen Designated as Hedging Instrument [Member] Interest Rate Swap Cash Flow Hedging JPY (¥)
Derivative [Line Items]
Derivative, Term of Contract [Line Items]						5 years
Advances to Affiliate		€ 449,800,000
Maximum Length of Time Hedged in Interest Rate Cash Flow Hedge	18 months
Derivative, Notional Amount							150,000,000			585,430,000	388,046,000	195,150,000	105,000,000	2,234,000		1,841,183,000	3,980,000	1,085,950,000	751,253,000	449,800,000	65,000,000	116,400,000	12,600,000,000
Derivative, Notional amount maturing within 12 months										416,739,000	292,884,000	121,621,000	60,000,000	2,234,000		1,819,663,000	995,000	1,085,950,000	732,718,000
Fixed interest rate							4.10%
Debt Instrument, Face Amount								250,000,000	450,000,000
Number of groups of significant interest rate swaps (in groups)	2
Average fixed interest rate, term (in years)			3 years	5 years
Debt, maturity term (in years)					5 years
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax															$ 6,000,000

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FAIR VALUE MEASUREMENT Financial Assets and Liabilities that are Recorded at Fair Value and Classified Based on the Lowest Level of Input (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Assets	$ 73,310	$ 77,856
Liabilities	183,846	226,849
Interest Rate Swap
Assets	1,887	2,406
Liabilities	1,379	1,226
Commodity Contract [Member]
Assets		1
Liabilities	167	435
Cross Currency Interest Rate Swaps
Assets	761	530
Liabilities	61,896	59,128
Foreign Exchange Forward
Assets	3,489	4,900
Liabilities	13,137	13,548
Long-term Debt
Liabilities	106,897	152,370
Corporate Bond Securities
Assets	67,173	70,019
Dio Equity Option Contracts
Liabilities	370	142
Fair Value, Inputs, Level 1
Assets	0	0
Liabilities	0	0
Fair Value, Inputs, Level 2
Assets	6,137	7,837
Liabilities	183,476	226,707
Fair Value, Inputs, Level 2 | Interest Rate Swap
Assets	1,887	2,406
Liabilities	1,379	1,226
Fair Value, Inputs, Level 2 | Commodity Contract [Member]
Assets		1
Liabilities	167	435
Fair Value, Inputs, Level 2 | Cross Currency Interest Rate Swaps
Assets	761	530
Liabilities	61,896	59,128
Fair Value, Inputs, Level 2 | Foreign Exchange Forward
Assets	3,489	4,900
Liabilities	13,137	13,548
Fair Value, Inputs, Level 2 | Long-term Debt
Liabilities	106,897	152,370
Fair Value, Inputs, Level 3
Assets	67,173	70,019
Liabilities	370	142
Fair Value, Inputs, Level 3 | Corporate Bond Securities
Assets	67,173	70,019
Fair Value, Inputs, Level 3 | Dio Equity Option Contracts
Liabilities	$ 370	$ 142

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EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements [Abstract]

Computation of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2014 and 2013:

Basic Earnings Per Common Share Computation	Three Months Ended
(in thousands, except per share amounts)	2014		2013
Net income attributable to DENTSPLY International	$	72,878	$	71,685
Weighted average common shares outstanding	142,053		142,775
Earnings per common share - basic	$	0.51	$	0.50
Diluted Earnings Per Common Share Computation
(in thousands, except per share amounts)
Net income attributable to DENTSPLY International	$	72,878	$	71,685
Weighted average common shares outstanding	142,053		142,775
Incremental weighted average shares from assumed exercise of dilutive options from stock-based compensation awards	2,400		2,324
Total weighted average diluted shares outstanding	144,453		145,099
Earnings per common share - diluted	$	0.50	$	0.49

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GOODWILL AND INTANGIBLE ASSETS Reconciliation of Changes in Goodwill (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Goodwill [Roll Forward]
Balance, beginning of the year	$ 2,281,596
Goodwill, Purchase Accounting Adjustments	(1,413)
Goodwill, Translation Adjustments	6,532
Balance, end of the year	2,286,715
Dental Consumable Businesses [Member]
Goodwill [Roll Forward]
Balance, beginning of the year	325,044
Goodwill, Purchase Accounting Adjustments	0
Goodwill, Translation Adjustments	1,008
Balance, end of the year	326,052
Dental Specialty and Laboratory Businesses [Member]
Goodwill [Roll Forward]
Balance, beginning of the year	1,576,126
Goodwill, Purchase Accounting Adjustments	(1,413)
Goodwill, Translation Adjustments	1,269
Balance, end of the year	1,575,982
Healthcare and Emerging Markets Businesses [Member]
Goodwill [Roll Forward]
Balance, beginning of the year	380,426
Goodwill, Purchase Accounting Adjustments	0
Goodwill, Translation Adjustments	4,255
Balance, end of the year	$ 384,681

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STOCK COMPENSATION Non-Qualified Stock Option Transactions (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	5 years 9 months
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	1 year 9 months
Nonqualified Stock Options Member
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	2 years 0 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning balance (in shares)	8,295
Granted (in shares)	851
Exercised (in shares)	(125)
Cancelled (in shares)	(4)
Forfeitured (in shares)	(7)
Outstanding, ending balance (in shares)	9,010
Outstanding Weighted Average Exercise Price (in dollars per share)	$ 36.02	$ 35.04
Outstanding Weighted Average Exercise Price, Granted (in dollars per share)	$ 45.11
Outstanding Weighted Average Exercise Price, Exercised (in dollars per share)	$ 33.10
Outstanding Weighted Average Exercise Price, Cancelled (in dollars per share)	$ 45.15
Outstanding Weighted Average Exercise Price, Forfeited (in dollars per share)	$ 38.72
Outstanding Aggregate Intrinsic Value	$ 90,324	$ 111,450
Exercisable options (in shares)	7,092	6,225
Exercisable weighted average exercise price (in dollars per share)	$ 34.35	$ 33.67
Exercisable Aggregate Intrinsic Value	$ 82,916	$ 92,200

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INCOME TAXES

3 Months Ended

Mar. 31, 2014

Income Tax Disclosure [Abstract]

INCOME TAXES

INCOME TAXES

Uncertainties in Income Taxes

The Company recognizes in the interim consolidated financial statements, the impact of a tax position, if that position is more likely than not of being sustained on audit, based on the technical merits of the position.

It is reasonably possible that certain amounts of unrecognized tax benefits will significantly increase or decrease within 12 months of the reporting date of the Company’s interim consolidated financial statements.  Expiration of statutes of limitation in various jurisdictions during the next 12 months could include unrecognized tax benefits of approximately $1.1 million.

Other Tax Matters

For the quarter ended March 31, 2013, the Company recorded a tax benefit of $9.4 million related to U.S. federal legislative changes enacted in January 2013, relating to 2012, and a benefit of $3.3 million related to prior year tax matters. For the quarter ended March 31, 2014, the effective tax rate was unfavorably impacted by the Company’s change in the mix of consolidated earnings.