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Other Comprehensive Income (Notes)
 9 Months Ended
Sep. 30, 2014
Other Comprehensive Income [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
ACCUMULATED OTHER COMPREHENSIVE INCOME
The following table presents changes in accumulated other comprehensive income by component for the nine months ended September 30, 2014 and 2013:
 
Currency Translation Adjustment, Net of Tax
 
Net Unrealized
Gain (Loss) on
Cash Flow Hedging Arrangements,
Net of Tax
 
Pension and Post-Retirement Benefit Related Items,
Net of Tax
 
Total
Balance at December 31, 2013
$
77,915

 
$
(2,433
)
 
$
(110,518
)
 
$
(35,036
)
Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
Unrealized gains (losses) on cash flow hedging arrangements
—

 
(445
)
 
—

 
(445
)
Foreign currency translation adjustment
(47,483
)
 
30

 
4,644

 
(42,809
)
Amounts recognized from accumulated other comprehensive income (loss), net of tax
—

 
1,075

 
1,186

 
2,261

Net change in other comprehensive income (loss), net of tax
(47,483
)
 
660

 
5,830

 
(40,993
)
Balance at September 30, 2014
$
30,432

 
$
(1,773
)
 
$
(104,688
)
 
$
(76,029
)

 
Currency Translation Adjustment, Net of Tax
 
Net Unrealized
Gain (Loss) on
Cash Flow Hedging Arrangements,
Net of Tax
 
Pension and Post-Retirement Benefit Related Items,
Net of Tax
 
Total
Balance at December 31, 2012
$
56,012

 
$
(5,438
)
 
$
(148,035
)
 
$
(97,461
)
Other comprehensive income (loss), net of tax:

 

 

 

Unrealized gains (losses) on cash flow hedging arrangements
—

 
(924
)
 
—

 
(924
)
Foreign currency translation adjustment
9,911

 
34

 
(266
)
 
9,679

Amounts recognized from accumulated other comprehensive income (loss), net of tax
—

 
2,620

 
5,551

 
8,171

Net change in other comprehensive income (loss), net of tax
9,911

 
1,730

 
5,285

 
16,926

Balance at September 30, 2013
$
65,923

 
$
(3,708
)
 
$
(142,750
)
 
$
(80,535
)

The following table presents amounts recognized from accumulated other comprehensive income (loss) for the three and nine month periods ended September 30:
 
 
Three months ended September 30,
 
 
 
 
2014
 
2013
 
Location of Amounts Recognized in Earnings
Effective portion of losses on cash flow hedging arrangements:
 
 
 
 
 
 
Interest rate swap agreements
 
$
787

 
$
777

 
Interest expense
Foreign currency forward contracts
 
(247
)
 
486

 
Cost of sales - products
Total before taxes
 
540

 
1,263

 
 
Provision for taxes
 
253

 
399

 
Provision for taxes
Total, net of taxes
 
$
287

 
$
864

 
 
 
 
 
 
 
 
 
Recognition of defined benefit pension and post-retirement items:
 
 
 
 
 
 
Recognition of actuarial losses, plan amendments and prior service cost, before taxes
 
$
719

 
$
2,571

 
(a)
Provision for taxes
 
313

 
907

 
Provision for taxes
Total, net of taxes
 
$
406

 
$
1,664

 
 

(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 10 for additional details for the three and nine months ended September 30, 2014 and 2013.

 
 
Nine months ended September 30,
 
 
 
 
2014
 
2013
 
Location of Amounts Recognized in Earnings
Effective portion of losses on cash flow hedging arrangements:
 
 
 
 
 
 
Interest rate swap agreements
 
$
2,333

 
$
2,299

 
Interest expense
Foreign currency forward contracts
 
(453
)
 
1,517

 
Cost of sales - products
Total before taxes
 
1,880

 
3,816

 
 
Provision for taxes
 
805

 
1,196

 
Provision for taxes
Total, net of taxes
 
$
1,075

 
$
2,620

 
 
 
 
 
 
 
 
 
Recognition of defined benefit pension and post-retirement items:
 
 
 
 
 
 
Recognition of actuarial losses, plan amendments and prior service cost, before taxes
 
$
2,131

 
$
7,707

 
(a)
Provision for taxes
 
945

 
2,156

 
Provision for taxes
Total, net of taxes
 
$
1,186

 
$
5,551

 
 
(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 10 for additional details for the three and nine months ended September 30, 2014 and 2013.
Comprehensive income (loss), net of tax consisted of the following as of September 30:
 
Three Months Ended
 
Nine Months Ended
 
2014
 
2013
 
2014
 
2013
Net earnings
$
84,996

 
$
74,326

 
$
217,069

 
$
195,932

Other comprehensive income (loss), net of tax
(40,456
)
 
28,206

 
(40,993
)
 
16,926

Comprehensive income, net of tax
$
44,540

 
$
102,532

 
$
176,076

 
$
212,858