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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash and cash equivalents at beginning of year $ 477,696 $ 469,416 $ 529,650
Cash flows from operating activities:      
Net income 439,834 330,127 420,197
Adjustments to reconcile net income to cash flows from operating activities:      
Depreciation and amortization 107,370 99,020 96,753
Write-offs associated with restructuring and other 0 61,809 0
Stock-based compensation 10,164 15,211 27,069
Excess tax benefits realized from stock-based compensation arrangements (3,266) (14,809) (10,574)
Equity in net income of unconsolidated investments (net of tax) (31,729) (38,067) (43,754)
Dividends received from unconsolidated investments and nonmarketable securities 21,632 26,908 23,685
Pension and postretirement (benefit) expense (132,707) 77,442 97,207
Pension and postretirement contributions (13,294) (21,610) (59,773)
Unrealized gain on investments in marketable securities (3,681) (1,872) (688)
Deferred income taxes 64,865 (14,587) (11,198)
Change in current assets and liabilities:      
Increase in accounts receivable (65,906) (25,992) (16,435)
(Increase) decrease in inventories (1,810) 7,364 (41,749)
Decrease (increase) in other current assets excluding deferred income taxes 5,261 (19,590) 4,499
Increase (decrease) in accounts payable 21,316 (16,798) (11,971)
Increase in accrued expenses and income taxes payable 10,136 7,306 28,229
Other, net 4,674 16,904 (14,138)
Net cash provided by operating activities 432,859 488,766 487,359
Cash flows from investing activities:      
Capital expenditures (155,346) (280,873) (190,574)
Cash payments related to acquisitions and other (2,565) (3,360) (13,164)
Cash proceeds from divestitures 0 9,646 0
Sales of (investments in) marketable securities, net 169 (1,615) 1,670
Long-term advances to joint ventures 0 (24,959) 0
Investments in equity and other corporate investments 0 0 (10,868)
Net cash used in investing activities (157,742) (301,161) (212,936)
Cash flows from financing activities:      
Repayments of long-term debt (135,733) (14,390) (9,043)
Proceeds from borrowings of long-term debt 117,000 0 3,510
Other borrowings (repayments), net 398,544 (49,421) (94,643)
Dividends paid to shareholders (78,107) (69,113) (57,759)
Dividends paid to noncontrolling interests (10,014) (7,628) 0
Repurchases of common stock (582,298) (63,575) (178,132)
Proceeds from exercise of stock options 5,553 21,148 2,230
Excess tax benefits realized from stock-based compensation arrangements 3,266 14,809 10,574
Withholding taxes paid on stock-based compensation award distributions (6,149) (9,124) (3,129)
Debt financing costs (108) 0 (2,727)
Net cash used in financing activities (288,046) (177,294) (329,119)
Net effect of foreign exchange on cash and cash equivalents 12,472 (2,031) (5,538)
(Decrease) increase in cash and cash equivalents (457) 8,280 (60,234)
Cash and cash equivalents at end of year $ 477,239 $ 477,696 $ 469,416