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Condensed Statements of Consolidated Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
OPERATING ACTIVITIES    
Net income $ 373,472 $ 328,029
Adjustments to reconcile net income to net operating cash:    
Depreciation 78,301 75,507
Amortization of intangible assets 14,127 12,963
Stock-based compensation expense 23,977 21,945
Provisions for qualified exit costs 367 1,582
Provisions for environmental-related matters 1,769 9,093
Defined benefit pension plans net cost 9,975 9,855
Net increase in postretirement liability 1,800 1,800
Other 1,417 494
Change in working capital accounts - net (195,322) (220,890)
Costs incurred for environmental-related matters (6,892) (20,165)
Costs incurred for qualified exit costs (5,955) (1,907)
Other 5,039 (16,194)
Net operating cash 302,075 202,112
INVESTING ACTIVITIES    
Capital expenditures (72,126) (69,972)
Acquisitions of businesses, net of cash acquired (5,000) (43,993)
Proceeds from sale of assets 2,586 8,979
(Increase) decrease in other investments (52,854) 14,848
Net investing cash (127,394) (90,138)
FINANCING ACTIVITIES    
Net (decrease) increase in short-term borrowings (17,407) 260,193
Proceeds from long-term debt    1,846
Payments of long-term debt (949) (12,164)
Payments of cash dividends (103,300) (80,438)
Proceeds from stock options exercised 40,622 88,182
Income tax effect of stock-based compensation exercises and vesting 35,654 36,612
Treasury stock purchased (232,522) (362,623)
Other (18,855) (27,546)
Net financing cash (296,757) (95,938)
Effect of exchange rate changes on cash 570 (2,116)
Net (decrease) increase in cash and cash equivalents (121,506) 13,920
Cash and cash equivalents at beginning of year 862,590 32,696
Cash and cash equivalents at end of period 741,084 46,616
Income taxes paid 34,666 97,709
Interest paid $ 30,942 $ 20,899