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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net Sales (Note 2) $ 2,655,400 $ 3,003,272 $ 3,028,674
Cost of Goods and Services Sold 1,784,059 1,995,685 2,000,153
Gross profit 871,341 1,007,587 1,028,521
Selling, general & administrative expenses 543,802 621,489 627,697
Rationalization and asset impairment charges (Notes 6) 45,468 15,188 25,285
Operating income 282,071 370,910 375,539
Other income (expense):      
Interest expense, net 21,973 23,415 17,565
Other income (expense) (Note 14) 3,942 20,998 10,686
Income before income taxes 264,040 368,493 368,660
Income taxes (Note 15) 57,896 75,410 81,667
Net income including non-controlling interests 206,144 293,083 286,993
Non-controlling interests in subsidiaries' income (loss) 29 (26) (73)
Net income $ 206,115 $ 293,109 $ 287,066
Basic earnings per share (Note 3) $ 3.46 $ 4.73 $ 4.42
Diluted earnings per share (Note 3) 3.42 4.68 4.37
Cash dividends declared per share $ 1.98 $ 1.90 $ 1.64