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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
Current assets:      
Cash and cash equivalents $ 261,346 $ 744,889 $ 1,035,713
Accounts receivable, less allowance 1,408,967 1,097,751 1,348,607
Inventories:      
Finished goods 866,908 779,057 818,557
Work in process and raw materials 179,734 191,758 199,061
Total inventory 1,046,642 970,815 1,017,618
Deferred income taxes 101,815 104,496 128,306
Other current assets 260,965 240,766 240,471
Total current assets 3,079,735 3,158,717 3,770,715
Goodwill 1,167,047 1,178,687 1,175,621
Intangible assets 295,251 313,299 307,043
Deferred pension assets 304,207 302,446 252,229
Other assets 457,480 407,975 405,052
Property, plant and equipment:      
Land 129,309 125,131 101,731
Buildings 703,351 715,096 698,675
Machinery and equipment 1,916,091 1,838,590 1,872,562
Construction in progress 48,360 62,563 44,301
Total gross property, plant and equipment 2,797,111 2,741,380 2,717,269
Less allowances for depreciation 1,783,826 1,719,997 1,706,341
Total net property, plant and equipment 1,013,285 1,021,383 1,010,928
Total Assets 6,317,005 6,382,507 6,921,588
Current liabilities:      
Short-term borrowings 55,621 96,551 295,276
Accounts payable 1,266,167 998,484 1,121,001
Compensation and taxes withheld 344,815 337,637 305,525
Accrued taxes 192,464 79,504 187,662
Current portion of long-term debt 502,278 502,948 2,386
Other accruals 507,037 513,433 494,423
Total current liabilities 2,868,382 2,528,557 2,406,273
Long-term debt 1,122,699 1,122,373 1,631,988
Postretirement benefits other than pensions 273,706 268,874 320,219
Other long-term liabilities 700,282 688,168 693,457
Shareholders’ equity:      
Common stock - $1.00 par value 95,997,693, 100,129,380, and 101,333,029 shares outstanding at September 30, 2014, December 31, 2013 and September 30, 2013 respectively 114,211 112,902 112,604
Preferred stock - convertible, no par value: 40,406 and 54,946 shares outstanding at December 31, 2013 and September 30, 2013, respectively   40,406 54,946
Unearned ESOP compensation   (40,406) (54,946)
Other capital 2,019,493 1,847,801 1,798,797
Retained earnings 2,345,016 1,774,050 1,708,553
Treasury stock, at cost (2,754,998) (1,639,174) (1,361,234)
Cumulative other comprehensive loss (371,786) (321,044) (389,069)
Total shareholders' equity 1,351,936 1,774,535 1,869,651
Total Liabilities and Shareholders’ Equity $ 6,317,005 $ 6,382,507 $ 6,921,588