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Condensed Statements of Consolidated Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
OPERATING ACTIVITIES    
Net income $ 115,457 $ 116,185
Adjustments to reconcile net income to net operating cash:    
Depreciation 41,408 38,892
Amortization of intangible assets 7,552 7,664
Stock-based compensation expense 15,858 11,906
Provisions for qualified exit costs 2,897 155
Provisions for environmental-related matters (434) 323
Defined benefit pension plans net cost 1,813 4,987
Net increase in postretirement liability 1,485 900
Other 2,747 5,165
Change in working capital accounts - net (257,041) (269,219)
Costs incurred for environmental-related matters (3,384) (4,792)
Costs incurred for qualified exit costs (529) (4,186)
Other (10,948) 889
Net operating cash (83,119) (91,131)
INVESTING ACTIVITIES    
Capital expenditures (29,364) (31,232)
(Payments for) proceeds from sale of assets (332) 991
Increase in other investments (15,373) (17,768)
Net investing cash (45,069) (48,009)
FINANCING ACTIVITIES    
Net (decrease) increase in short-term borrowings (8,932) 668
Payments of long-term debt (680) (270)
Payments of cash dividends (55,090) (51,745)
Proceeds from stock options exercised 48,657 20,734
Income tax effect of stock-based compensation exercises and vesting 39,896 23,635
Treasury stock purchased (256,391) (81,438)
Other (21,766) (18,989)
Net financing cash (254,306) (107,405)
Effect of exchange rate changes on cash 4,070 (2,115)
Net decrease in cash and cash equivalents (378,424) (248,660)
Cash and cash equivalents at beginning of year 744,889 862,590
Cash and cash equivalents at end of period 366,465 613,930
Income taxes paid 13,028 13,007
Interest paid $ 10,359 $ 8,590