Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
Sep. 30, 2018	Sep. 30, 2017
Statement of Cash Flows [Abstract]
Cash and cash equivalents at beginning of year	$ 1,137,303	$ 2,269,756
Cash flows from operating activities:
Net income	593,090	306,539
Adjustments to reconcile net income to cash flows from operating activities:
Depreciation and amortization	150,511	144,087
Gain on acquisition	0	(6,025)
Gain on sale of business	(218,705)	0
Stock-based compensation	11,785	15,595
Equity in net income of unconsolidated investments (net of tax)	(61,727)	(55,263)
Dividends received from unconsolidated investments and nonmarketable securities	32,794	11,900
Pension and postretirement (benefit) expense	(2,708)	67
Pension and postretirement contributions	(11,068)	(9,607)
Unrealized gain on investments in marketable securities	(1,615)	(2,007)
Loss on early extinguishment of debt	0	52,801
Deferred income taxes	43,400	4,677
Working capital changes	(131,813)	(398,913)
Other, net	(27,003)	10,993
Net cash provided by operating activities	376,941	74,844
Cash flows from investing activities:
Acquisitions, net of cash acquired	(11,403)	(45,406)
Capital expenditures	(471,675)	(187,519)
Cash proceeds from divestitures, net	413,479	6,857
(Investments in) sales of marketable securities, net	(761)	450
Repayments from joint ventures	0	1,250
Investments in equity and other corporate investments	(5,346)	0
Net cash used in investing activities	(75,706)	(224,368)
Cash flows from financing activities:
Repayments of long-term debt	0	(753,209)
Proceeds from borrowings of long-term debt	0	27,000
Other (repayments) borrowings, net	(134,505)	79,203
Fees related to early extinguishment of debt	0	(46,959)
Dividends paid to shareholders	(108,922)	(105,205)
Dividends paid to noncontrolling interests	(14,756)	(27,791)
Repurchases of common stock	(500,000)	(250,000)
Proceeds from exercise of stock options	2,302	7,011
Withholding taxes paid on stock-based compensation award distributions	(17,047)	(8,317)
Net cash used in financing activities	(772,928)	(1,078,267)
Net effect of foreign exchange on cash and cash equivalents	(24,384)	3,374
Decrease in cash and cash equivalents	(496,077)	(1,224,417)
Cash and cash equivalents at end of period	$ 641,226	$ 1,045,339

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The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.

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The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

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The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of investments, not including unrealized gains or losses on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, held at each balance sheet date and included in earnings for the period.

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