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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Current assets:      
Cash and cash equivalents $ 862,590 $ 32,696 $ 58,585
Accounts receivable, less allowance 1,032,508 989,873 916,661
Inventories:      
Finished goods 732,359 730,727 743,953
Work in process and raw materials 187,965 196,082 173,748
Total inventory 920,324 926,809 917,701
Deferred income taxes 126,730 149,207 127,348
Other current assets 207,086 163,008 193,427
Total current assets 3,149,238 2,261,593 2,213,722
Goodwill 1,156,005 1,108,008 1,102,458
Intangible assets 347,553 305,873 320,504
Deferred pension assets 249,911 228,350 248,333
Other assets 366,134 368,898 332,100
Property, plant and equipment:      
Land 102,336 105,010 106,101
Buildings 677,944 668,802 668,506
Machinery and equipment 1,750,729 1,657,874 1,617,530
Construction in progress 56,582 41,264 34,038
Total gross property, plant and equipment 2,587,591 2,472,950 2,426,175
Less allowances for depreciation 1,621,695 1,516,420 1,474,057
Total net property, plant and equipment 965,896 956,530 952,118
Total Assets 6,234,737 5,229,252 5,169,235
Current liabilities:      
Short-term borrowings 69,035 346,313 388,592
Accounts payable 922,999 965,149 909,649
Compensation and taxes withheld 314,892 251,060 253,247
Accrued taxes 52,104 120,555 62,547
Current portion of long-term debt 3,689 7,823 7,875
Other accruals 513,717 471,761 442,030
Total current liabilities 1,876,436 2,162,661 2,063,940
Long-term debt 1,632,165 639,231 648,326
Postretirement benefits other than pensions 320,223 297,528 295,896
Other long-term liabilities 614,109 612,913 551,633
Shareholders’ equity:      
Common stock - $1.00 par value: 103,270,067, 103,854,234 and 107,020,728 shares outstanding at December 31, 2012, 2011 and 2010, respectively 111,623 107,454 231,346
Preferred stock - convertible, no par value: 101,086, 160,273 and 216,753 shares outstanding at December 31, 2012, 2011 and 2010, respectively 101,086 160,273 216,753
Unearned ESOP compensation (101,086) (160,273) (216,753)
Other capital 1,673,788 1,297,625 1,222,909
Retained earnings 1,226,467 756,372 4,824,489
Treasury stock, at cost (849,685) (276,654) (4,390,983)
Cumulative other comprehensive loss (370,389) (367,878) (278,321)
Total shareholders’ equity 1,791,804 1,516,919 1,609,440
Total Liabilities and Shareholders’ Equity $ 6,234,737 $ 5,229,252 $ 5,169,235