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Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2011

Significant Accounting Policies [Abstract]

Schedule Of Estimated Useful Life Of Assets

	%
Buildings and leasehold improvements (*)	2-20
Instruments, machinery and equipment	3-33
Office furniture and other	4-33
Motor vehicles	12-33	(Mainly 15%)

(*) Prepayments for operating lease and leasehold improvements are amortized generally over the term of the lease or the useful life of the assets, whichever is shorter.

Schedule Of Warranty Liability

		2011				2010
Balance, at January 1		$	164,778			$	126,783
Warranties issued during the year			62,771				69,213
Warranties related to acquisitions			-				19,015
Reduction due to warranties forfeited or paid during the year			(63,381	)			(50,233	)
Balance, at December 31		$	164,168			$	164,778

Schedule Of Employee Stock Options On Estimated Weighted Average Assumptions

		2011				2010				2009
Divided yield			2.23	%			2.20	%			2.31	%
Expected volatility			31.59	%			31.92	%			39.37	%
Risk-free interest rate			2.01	%			1.56	%			2.43	%
Expected life		4 years				4 years				4 years
Forfeiture rate			0.56	%			0.56	%			0.56	%
Suboptimal factor			1.75				1.75				1.75

Schedule Of Assets And Liabilities Measured At Fair Value On Recurring Basis

		Fair value measurement at  December 31, 2010 using
		Quoted Prices  in Active Markets for  Identical Assets  (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable  Inputs (Level 3)
Description of Assets
Debt securities:
Government bonds		$	824			$	-			$	-
ARS and CDOs			-				-				7,179
Foreign currency derivatives and option contracts			-				19,100				-
Cross currency interest rate swap			-				20,377				-
Liabilities
Foreign currency derivative and option contracts			-				(8,219	)			(51	)
Total		$	824			$	31,258			$	7,128

		Fair value measurement at  December 31, 2011 using
		Quoted Prices  in Active Markets for  Identical Assets  (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable  Inputs (Level 3)
Description of Assets
Debt securities:
Government bonds		$	2,271			$	-			$	-
Foreign currency derivative and option contracts			-				14,755				-
Cross currency interest rate swap			-				8,877				-
Liabilities
Foreign currency derivative and option contracts			-				(25,954	)			-
Total		$	2,271			$	(2,322	)		$	-

Schedule Of Assets Measured At Fair Value On Recurring Basis Using Significant Unobservable Inputs (Level 3)

		(Level 3)
Balance at December 31, 2010		$	7,128
Net change in fair value included in other comprehensive income			(3,663	)
Other-then-temporary impairment recognized in earnings			(3,465	)
Balance at December 31, 2011		$	-

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Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income, and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

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