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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Condensed Consolidated Statements Of Cash Flows  
Cash and cash equivalents at beginning of year$ 529,650$ 308,791
Cash flows from operating activities:  
Net income360,419248,020
Adjustments to reconcile net income to cash flows from operating activities:  
Depreciation and amortization71,92671,486
Restructuring and other charges 6,958[1]
Stock-based compensation19,36511,465
Excess tax benefits realized from stock-based compensation arrangements(5,923)(4,182)
Equity in net income of unconsolidated investments (net of tax)(37,118)(29,950)
Working capital changes(110,408)(50,503)
Dividends received from unconsolidated investments and nonmarketable securities18,72211,919
Pension and postretirement expense20,55115,974
Pension and postretirement contributions(57,555)(27,139)
Unrealized gain on investments in marketable securities(636)(89)
Deferred income taxes14,65324,391
Other, net(8,529)(2,618)
Net cash provided by operating activities285,467275,732
Cash flows from investing activities:  
Capital expenditures(127,111)(50,006)
Cash impact from deconsolidation of Stannica LLC, net (13,074)
Cash payments related to acquisitions and other(11,045)(7,048)
Cash proceeds from divestitures 8,600
Sales of marketable securities, net1,629938
Investments in equity and other corporate investments(10,868)(5)
Net cash used in investing activities(147,395)(60,595)
Cash flows from financing activities:  
Repayments of long-term debt(105,076)(109,346)
Proceeds from borrowings132,85958,710
Dividends paid to shareholders(43,098)(36,883)
Repurchases of common stock(178,132)(14,945)
Proceeds from exercise of stock options1,1034,679
Excess tax benefits realized from stock-based compensation arrangements5,9234,182
Withholding taxes paid on stock-based compensation award distributions(2,325)(3,905)
Debt financing costs(2,727) 
Net cash used in financing activities(191,473)(97,508)
Net effect of foreign exchange on cash and cash equivalents5,009(1,747)
(Decrease) increase in cash and cash equivalents(48,392)115,882
Cash and cash equivalents at end of period$ 481,258$ 424,673
[1]The nine-month period ended September 30, 2010 included charges amounting to $6,958 ($4,593 after income taxes) associated with restructuring costs related to reductions in force at our Bergheim, Germany site.