|
CONSOLIDATED BALANCE SHEETS UNAUDITED (USD $) In Thousands, unless otherwise specified
|
Sep. 30, 2014
|
Dec. 31, 2013
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 286,943 |
$ 356,001 |
| Accounts receivable, less allowances of $194,680 (2013 - 202,602) |
651,224 |
695,684 |
| Inventories |
494,563 |
512,418 |
| Deferred income tax benefits |
56,084 |
135,094 |
| Other current assets |
315,165 |
265,536 |
| Current assets of discontinued operations |
0 |
49,995 |
| Total current assets |
1,803,979 |
2,014,728 |
| Properties and equipment, at cost less accumulated depreciation of $295,490 (2013-$263,603) |
330,601 |
305,888 |
| Goodwill |
4,060,683 |
4,057,456 |
| Identifiable intangible assets, less accumulated amortization of $250,518 (2013-$227,657) |
106,425 |
129,974 |
| Other noncurrent assets |
95,649 |
96,722 |
| Non current assets of discontinued operations |
0 |
87,078 |
| Total noncurrent assets |
4,593,358 |
4,677,118 |
| Total assets |
6,397,337 |
6,691,846 |
| Current liabilities: |
|
|
| Accounts payable |
220,288 |
181,022 |
| Accrued employee compensation |
56,394 |
50,240 |
| Debt, Current |
495,713 |
527,204 |
| Other current liabilities |
166,324 |
355,845 |
| Current liabilities of discontinued operations |
0 |
18,846 |
| Total current liabilities |
938,719 |
1,133,157 |
| Long-term debt, net |
1,411,470 |
1,418,819 |
| Deferred income tax liabilities |
1,022,857 |
1,012,733 |
| Other noncurrent liabilities |
60,701 |
53,835 |
| Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent |
0 |
1,398 |
| Total noncurrent liabilities |
2,495,028 |
2,486,785 |
| Total liabilities |
3,433,747 |
3,619,942 |
| Convertible Debt (Note 5) |
308,787 |
331,101 |
| Stockholders' equity: |
|
|
| Preferred stock, no par value, 1,000,000 shares authorized, none issued and outstanding |
0 |
0 |
| Common stock, $1 par value, 200,000,000 shares authorized, 135,487,957 shares issued (2013-134,623,736 shares issued) |
135,488 |
134,624 |
| Paid in capital |
2,083,162 |
2,047,195 |
| Retained earnings |
1,785,475 |
1,693,799 |
| Treasury stock, at cost- 37,604,106 shares (2013-34,013,923 shares ) |
(1,347,387) |
(1,132,274) |
| Accumulated Other Comprehensive Income (Loss), Net of Tax |
(1,935) |
(2,541) |
| Total stockholders' equity |
2,654,803 |
2,740,803 |
| Total liabilities and stockholders' equity |
$ 6,397,337 |
$ 6,691,846 |