Mettler-Toledo International (MTD) 10-K 4 Feb 16 2015 Q4 Annual report Financial data

Document and Entity Information

Document and Entity Information Document - USD ($) $ / shares in Units, $ in Billions	12 Months Ended
	Dec. 31, 2015	Jan. 29, 2016	Jun. 30, 2015	Dec. 31, 2014
Document and Entity Information
Entity Registrant Name	METTLER TOLEDO INTERNATIONAL INC/
Entity Central Index Key	1,037,646
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q4
Amendment Flag	false
Entity Common Stock, Shares Outstanding		26,980,942
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01		$ 0.01
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 9.5

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net sales
Product Sales	$ 1,865,884	$ 1,930,497	$ 1,860,893
Service Sales	529,563	555,486	518,079
Total Net Sales	2,395,447	2,485,983	2,378,972
Cost of sales
Products Cost of Sales	744,867	810,547	795,225
Service Cost of Sales	298,587	316,686	301,816
Gross profit	1,351,993	1,358,750	1,281,931
Research and development	119,076	123,297	116,346
Selling, general and administrative	700,810	728,582	692,693
Amortization	30,951	29,185	24,539
Interest Expense	27,451	24,537	22,711
Restructuring Charges	11,148	5,915	19,830
Other Charges (Income), Net	(867)	2,230	3,103
Earnings Before Taxes	463,424	445,004	402,709
Provision for taxes	110,604	106,763	96,615
Net earnings	$ 352,820	$ 338,241	$ 306,094
Basic earnings per common share:
Net earnings	$ 12.75	$ 11.71	$ 10.22
Weighted average number of common shares	27,680,918	28,890,771	29,945,954
Diluted earnings per common share:
Net earnings	$ 12.48	$ 11.44	$ 9.96
Weighted average number of common and common equivalent shares	28,269,615	29,571,308	30,728,482

Statement of Comprehensive Inco

Statement of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net earnings	$ 352,820	$ 338,241	$ 306,094
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment	(52,434)	(82,875)	21,903
Unrealized gains (losses) on cash flow hedging arrangements:
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	13,221	(768)	(491)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax	(8,261)	1,257	3,496
Net actuarial gains (losses)	(30,759)	(106,837)	30,381
Plan amendments and prior service cost	9,189	1,607	2,371
Amortization of actuarial (gains) losses and plan amendments and prior service cost	9,509	1,614	6,775
Defined Benefit Plans, Impact of FX on Current Year Change in OCI, net of tax	5,835	8,089	(2,010)
Total other comprehensive income (loss), net of tax	(53,700)	(177,913)	62,425
Total other comprehensive income (loss), net of tax	$ 299,120	$ 160,328	$ 368,519

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 98,887	$ 85,263
Trade accounts receivable, less allowances of $14,435 in 2015 and $15,961 in 2014	411,420	435,648
Inventories	214,383	204,531
Current deferred tax assets, net	67,483	62,341
Other current assets and prepaid expenses	70,642	61,647
Total current assets	862,815	849,430
Property, plant and equipment, Net	517,229	511,462
Goodwill	446,284	444,085
Other intangible assets, net	115,252	112,784
Non-current deferred tax assets, net	22,873	30,273
Other non-current assets	54,032	61,076
Total assets	2,018,485	2,009,110
Current liabilities:
Trade accounts payable	142,075	145,896
Accrued and other liabilities	127,645	120,530
Accrued compensation and related items	136,414	136,107
Deferred revenue and customer prepayments	88,829	82,219
Taxes payable	63,241	59,297
Current deferred tax liabilities	22,435	18,677
Short-term borrowings and current maturities of long-term debt	14,488	116,164
Total current liabilities	595,127	678,890
Long-term debt	576,984	335,790
Non-current deferred tax liabilities	71,365	56,727
Other non-current liabilities	194,552	218,108
Total liabilities	$ 1,438,028	$ 1,289,515
Commitments and contingencies (Note 16)
Shareholders’ equity:
Preferred stock, $0.01 par value per share; authorized 10,000,000 shares	$ 0	$ 0
Common stock, $0.01 par value per share; authorized 125,000,000 shares; issued 44,786,011 and 44,786,011 shares, outstanding 27,090,118 and 28,243,007 shares at December 31, 2015 and 2014, respectively	448	448
Additional paid-in capital	697,570	670,418
Treasury stock at cost (17,695,893 and 16,543,004 shares at December 31, 2015 and 2014, respectively)	(2,543,229)	(2,095,656)
Retained earnings	2,692,317	2,357,334
Accumulated Other Comprehensive Income (Loss), Net of Tax	(266,649)	(212,949)
Total shareholders’ equity	580,457	719,595
Total liabilities and shareholders’ equity	$ 2,018,485	$ 2,009,110

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Allowance For Bad Debt	$ 14,435	$ 15,961
Preferred stock - par value per share	$ 0.01	$ 0.01
Preferred stock - authorized shares	10,000,000	10,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common stock - authorized shares	125,000,000	125,000,000
Common stock - issued shares	44,786,011	44,786,011
Common stock - outstanding shares	27,090,118	28,243,007
Treasury shares	17,695,893	16,543,004

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Beginning balance at Dec. 31, 2012	$ 827,219	$ 448	$ 638,705	$ (1,463,924)	$ 1,749,451	$ (97,461)
Beginning balance, shares at Dec. 31, 2012		30,410,006
Exercise of stock options and restricted stock units, shares		398,646
Exercise of stock options and restricted stock units, Value	(19,745)			(37,870)	(18,125)
Repurchases of Common Stock, Shares		(1,321,577)
Repurchases of Common Stock, Value	(294,976)			(294,976)
Tax benefit resulting from exercise of certain employee stock options	1,906		1,906
Share-based compensation	12,639		12,639
Net earnings	306,094				306,094
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	62,425					62,425
Ending balance at Dec. 31, 2013	935,052	$ 448	653,250	(1,721,030)	2,037,420	(35,036)
Ending balance, shares at Dec. 31, 2013		29,487,075
Exercise of stock options and restricted stock units, shares		373,431
Exercise of stock options and restricted stock units, Value	$ (21,047)			(39,374)	(18,327)
Repurchases of Common Stock, Shares	(1,617,499)	(1,617,499)
Repurchases of Common Stock, Value	$ (414,000)			(414,000)
Tax benefit resulting from exercise of certain employee stock options	3,557		3,557
Share-based compensation	13,611		13,611
Net earnings	338,241				338,241
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(177,913)					(177,913)
Ending balance at Dec. 31, 2014	$ 719,595	$ 448	670,418	(2,095,656)	2,357,334	(212,949)
Ending balance, shares at Dec. 31, 2014	28,243,007	28,243,007
Exercise of stock options and restricted stock units, shares		403,908
Exercise of stock options and restricted stock units, Value	$ (29,556)			(47,393)	(17,837)
Repurchases of Common Stock, Shares	(1,556,797)	(1,556,797)
Repurchases of Common Stock, Value	$ (494,966)			(494,966)
Tax benefit resulting from exercise of certain employee stock options	12,929		12,929
Share-based compensation	14,223		14,223
Net earnings	352,820				352,820
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(53,700)					(53,700)
Ending balance at Dec. 31, 2015	$ 580,457	$ 448	$ 697,570	$ (2,543,229)	$ 2,692,317	$ (266,649)
Ending balance, shares at Dec. 31, 2015	27,090,118	27,090,118

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net earnings	$ 352,820	$ 338,241	$ 306,094
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation	33,087	33,617	34,765
Amortization	30,951	29,185	24,539
Deferred tax provision	7,258	13,033	8,816
Excess tax benefits from share-based payment arrangements	(12,929)	(3,557)	(1,847)
Share-based compensation	14,223	13,611	12,639
Other	155	211	498
Increase (decrease) in cash resulting from changes in:
Trade accounts receivable, net	1,625	7,492	(28,995)
Inventories	(18,785)	(9,302)	(8,484)
Other current assets	(5,119)	4,392	1,606
Trade accounts payable	1,698	6,298	295
Taxes payable	2,758	1,868	(3,540)
Accruals and other	19,126	(16,177)	(458)
Net cash provided by operating activities	426,868	418,912	345,928
Cash flows from investing activities:
Proceeds from sale of property, plant and equipment	949	728	211
Purchase of property, plant and equipment	(82,506)	(89,388)	(82,349)
Acquisitions	(13,779)	(5,784)	(2,661)
Net hedging settlements on intercompany loans	5,415	(123)	1,224
Net cash used in investing activities	(100,751)	(94,321)	(86,023)
Cash flows from financing activities:
Proceeds from borrowings	741,864	628,832	556,059
Repayments of borrowings	(594,477)	(585,867)	(531,045)
Proceeds from exercise of stock options	29,556	21,047	19,745
Repurchases of common stock	(494,966)	(414,000)	(294,976)
Excess tax benefits from share-based payment arrangements	12,929	3,557	1,847
Acquisition Contingent Consideration Payment	(572)	(859)	0
Debt issuance costs	(1,366)	(941)	(1,522)
Net cash provided by (used in) financing activities	(307,032)	(348,231)	(249,892)
Effect of exchange rate changes on cash and cash equivalents	(5,461)	(2,971)	159
Net increase (decrease) in cash and cash equivalents	13,624	(26,611)	10,172
Cash and cash equivalents:
Cash and Cash Equivalents, at Carrying Value, Beginning	85,263	111,874	101,702
Cash and Cash Equivalents, at Carrying Value, End	98,887	85,263	111,874
Supplemental disclosures of cash flow information:
Interest	27,303	23,219	22,121
Taxes	$ 85,458	$ 95,143	$ 83,200

Business Description and Basis

Business Description and Basis of Presentation	12 Months Ended
	Dec. 31, 2015
BUSINESS DESCRIPTION AND BASIS OF PRESENTATION [Abstract]
Business Description and Basis of Presentation Disclosure	BUSINESS DESCRIPTION AND BASIS OF PRESENTATION Mettler-Toledo International Inc. (“Mettler-Toledo” or the “Company”) is a leading global supplier of precision instruments and services. The Company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics, and food retailing applications. The Company also manufactures several related analytical instruments and provides automated chemistry solutions used in drug and chemical compound discovery and development. In addition, the Company manufactures metal detection and other end-of-line inspection systems used in production and packaging and provides solutions for use in certain process analytics applications. The Company’s primary manufacturing facilities are located in China, Switzerland, the United States, Germany, and the United Kingdom. The Company’s principal executive offices are located in Columbus, Ohio and Greifensee, Switzerland. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and include all entities in which the Company has control, which are its wholly-owned subsidiaries. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results may differ from those estimates. All intercompany transactions and balances have been eliminated. Certain reclassifications have been made to prior year amounts to conform to the current year presentation.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies Disclosure	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Cash and Cash Equivalents Cash and cash equivalents include highly liquid investments with original maturity dates of three months or less. The carrying value of these cash equivalents approximates fair value. Trade Accounts Receivable Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts represents the Company’s best estimate of probable credit losses in its existing trade accounts receivable. The Company determines the allowance based upon a review of both specific accounts for collection and the age of the accounts receivable portfolio. Inventories Inventories are valued at the lower of cost or net realizable value. Cost, which includes direct materials, labor, and overhead, is generally determined using the first in, first out (FIFO) method. The estimated net realizable value is based on assumptions for future demand and related pricing. Adjustments to the cost basis of the Company’s inventory are made for excess and obsolete items based on usage, orders, and technological obsolescence. If actual market conditions are less favorable than those projected by management, reductions in the value of inventory may be required. Long-Lived Assets a) Property, Plant, and Equipment Property, plant, and equipment are stated at cost less accumulated depreciation. Repair and maintenance costs are charged to expense as incurred. The Company expenses all internal-use software costs incurred in the preliminary project stage and capitalizes certain direct costs associated with the development and purchase of internal-use software within property, plant, and equipment. Capitalized costs are amortized on a straight-line basis over the estimated useful lives of the software, generally not exceeding 10 years. Depreciation and amortization are charged on a straight-line basis over the estimated useful lives of the assets as follows: Buildings and improvements 15 to 50 years Machinery and equipment 3 to 12 years Computer software 3 to 10 years Leasehold improvements Shorter of useful life or lease term b) Goodwill and Other Intangible Assets Goodwill, representing the excess of purchase price over the fair value of net assets from companies acquired, and indefinite-lived intangible assets are not amortized, but are reviewed for impairment annually in the fourth quarter, or more frequently if events or changes in circumstances indicate that an asset might be impaired. The annual evaluation for goodwill and indefinite-lived intangible assets is generally based on an assessment of qualitative and quantitative factors to determine whether it is more likely than not that the fair value of the asset is less than its carrying amount. Other intangible assets include indefinite-lived assets and assets subject to amortization. Where applicable, amortization is charged on a straight-line basis over the expected period of benefit. The straight-line method of amortization reflects an appropriate allocation of the cost of the intangible assets to earnings in proportion to the amount of economic benefits obtained by the Company in each reporting period. The Company assesses the initial acquisition of intangible assets in accordance with the provisions of ASC 805 "Business Combinations" and the continued accounting for previously recognized intangible assets and goodwill in accordance with the provisions of ASC 350 "Intangible - Goodwill and Other" and ASC 360 "Property, Plant, and Equipment." Accounting for Impairment of Long-Lived Assets The Company assesses the need to record impairment losses on long-lived assets with finite lives when events or changes in circumstances indicate that the carrying amount of assets may not be recoverable. An impairment loss would be recognized when future estimated undiscounted cash flows expected to result from use of the asset are less than the asset’s carrying value, with the loss measured as the difference between carrying value and fair value. Taxation The Company files tax returns in each jurisdiction in which it operates. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities, their respective tax bases, and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in the respective jurisdictions in which the Company operates. In assessing the ability to realize deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred taxes are not provided on the unremitted earnings of subsidiaries outside of the United States when it is expected that these earnings are permanently reinvested. Such earnings may become taxable upon the sale or liquidation of these subsidiaries or upon the remittance of dividends. Deferred taxes are provided when the Company no longer considers subsidiary earnings to be permanently invested, such as in situations where the Company’s subsidiaries plan to make future dividend distributions. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of income tax expense within its consolidated statement of operations. Currency Translation and Transactions The reporting currency for the consolidated financial statements of the Company is the U.S. dollar. The functional currency for the Company’s operations is generally the applicable local currency. Accordingly, the assets and liabilities of companies whose functional currency is other than the U.S. dollar are included in the consolidated financial statements by translating the assets and liabilities into the reporting currency at the exchange rates applicable at the end of the reporting period. The statements of operations and cash flows of such non-U.S. dollar functional currency operations are translated at the monthly average exchange rates during the year. Translation gains or losses are accumulated in other comprehensive income (loss) in the consolidated statements of shareholders’ equity. Transaction gains and losses are included as a component of net earnings or in certain circumstances as a component of other comprehensive income (loss) where the underlying item is considered a hedge of a net investment. Revenue Recognition Revenue is recognized when title to a product has transferred and any significant customer obligations have been fulfilled. Standard shipping terms are generally FOB shipping point in most countries and, accordingly, title and risk of loss transfers upon shipment. In countries where title cannot legally transfer before delivery, the Company defers revenue recognition until delivery has occurred. The Company generally maintains the right to accept or reject a product return in its terms and conditions and also maintains appropriate accruals for outstanding credits. Shipping and handling costs charged to customers are included in total net sales and the associated expense is recorded in cost of sales for all periods presented. Other than a few small software applications, the Company does not sell software products without the related hardware instrument as the software is embedded in the instrument. The Company’s products typically require no significant production, modification, or customization of the hardware or software that is essential to the functionality of the products. To the extent the Company’s solutions have a significant post-shipment obligation, revenue is deferred until the obligation has been completed. The Company defers product revenue where installation is required, unless such installation is deemed perfunctory. The Company also sometimes enters into certain arrangements that require the separate delivery of multiple goods and/or services. These deliverables are accounted for separately if the deliverables have stand-alone value and the performance of undelivered items is probable and within the Company's control. The allocation of revenue between the separate deliverables is typically based on the relative selling price at the time of the sale in accordance with a number of factors including service technician billing rates, time to install, and geographic location. Further, certain products are also sold through indirect distribution channels whereby the distributor assumes any further obligations to the customer upon title transfer. Revenue is recognized on these products upon transfer of title and risk of loss to its distributors. Distributor discounts are offset against revenue at the time such revenue is recognized. Service revenue not under contract is recognized upon the completion of the service performed. Spare parts sold on a stand-alone basis are recognized upon title and risk of loss transfer which is generally at the time of shipment. Revenues from service contracts are recognized ratably over the contract period. These contracts represent an obligation to perform repair and other services including regulatory compliance qualification, calibration, certification, and preventative maintenance on a customer’s pre-defined equipment over the contract period. Service contracts are separately priced and payment is typically received from the customer at the beginning of the contract period. Research and Development Research and development costs primarily consist of salaries, consulting, and other costs. The Company expenses these costs as incurred. Warranty The Company generally offers one -year warranties on most of its products. Estimated product warranties are recorded at the time revenue is recognized. While the Company engages in extensive product quality programs and processes, its warranty obligation is affected by product failure rates, material usage, and service costs incurred in correcting a product failure. Employee Termination Benefits In situations where contractual termination benefits exist, the Company records accruals for employee termination benefits when it is probable that a liability has been incurred and the amount of the liability is reasonably estimable. All other employee termination arrangements are recognized and measured at their fair value at the communication date unless the employee is required to render additional service beyond the legal notification period, in which case the liability is recognized ratably over the future service period. Earnings per Common Share In accordance with the treasury stock method, the Company has included 588,697 , 680,537 , and 782,528 common equivalent shares in the calculation of diluted weighted average number of common shares for the years ended December 31, 2015 , 2014 , and 2013 , respectively, relating to outstanding stock options and restricted stock units. Outstanding options and restricted stock units to purchase or receive 112,562 , 127,995 , and 23,951 shares of common stock for the years ended December 31, 2015 , 2014 , and 2013 , respectively, have been excluded from the calculation of diluted weighted average number of common and common equivalent shares as such options and restricted stock units would be anti-dilutive. Equity-Based Compensation The Company applies the fair value methodology in accounting for its equity-based compensation plan. Derivative Financial Instruments The Company has limited involvement with derivative financial instruments and does not use them for trading purposes. As described more fully in Note 5, the Company enters into foreign currency forward exchange contracts to economically hedge certain short-term intercompany balances involving its international businesses. Such contracts limit the Company’s exposure to currency fluctuations on the items they hedge. These contracts are adjusted to fair market value as of each balance sheet date, with the resulting changes in fair value being recognized in other charges (income), consistent with the underlying hedged item. The Company also enters into foreign currency forward contracts, designated as cash flow hedges, to hedge certain forecasted intercompany sales. Such contracts limit the Company’s exposure to currency fluctuations on the items they hedge. Changes in fair value of outstanding foreign currency forward contract agreements that are effective as cash flow hedges are recognized in other comprehensive income as incurred. The Company also enters into interest rate swap agreements in order to manage its exposure to changes in interest rates. The differential paid or received on interest rate swap agreements is recognized in interest expense over the life of the agreements as incurred. Floating to fixed interest rate swap agreements are accounted for as cash flow hedges. Changes in fair value of outstanding interest rate swap agreements that are effective as cash flow hedges are recognized in other comprehensive income as incurred. Fair Value Measurements The Company measures or monitors certain assets and liabilities on a fair value basis. Fair value is used on a recurring basis for assets and liabilities in which fair value is the primary basis of accounting, mainly derivative instruments. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the asset or liability. The Company applies the fair value hierarchy established under U.S. GAAP and when possible looks to active and observable markets to price identical assets and liabilities. If identical assets and liabilities are not traded in active markets, the Company looks to market observable data for similar assets and liabilities. Recent Accounting Pronouncements In November 2015, the FASB issued an ASU 2015-17, to ASC 740 "Income Taxes". The guidance simplifies the balance sheet classification of deferred taxes. The new guidance requires that all deferred tax balances be presented as non-current. This change, which can be early adopted, conforms U.S. GAAP to IFRS. The guidance becomes effective for the Company for the year beginning January 1, 2017. The adoption of this guidance would have reduced current and increased non-current assets by $67.5 million and reduced current and increased non-current liabilities by $22.4 million on the Company's consolidated balance sheet at December 31, 2015. In May 2015, the FASB issued ASU 2015-07, to ASC 820 "Fair Value Measurements." ASU 2015-07 removes the requirement to categorize investments using the net asset value per share method within the fair value hierarchy. This change, which can be early adopted, becomes effective for the Company for the year beginning January 1, 2016. We are currently evaluating the impact this guidance will have on the Company's pension assets fair value hierarchy table in Note 12 of the financial statements. In April 2015, the FASB issued ASU 2015-03, to ASC 835-30 "Interest - Imputation of Interest." ASU 2015-03 will require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this update. In August 2015, the FASB issued ASU 2015-15 and update to ASU 2015-03, which addresses the accounting for debt issuance costs related to line-of-credit arrangements as an asset and subsequently amortized over the term of the arrangements. The guidance becomes effective for financial statements issued for fiscal years beginning January 1, 2016, with early adoption permitted. We do not believe the adoption of this guidance will have a material impact on our consolidated financial position of the Company. In July 2014, the Company adopted ASU 2013-11 "Income Taxes." The amendment provided further guidance to the balance sheet presentation of unrecognized tax benefits when an net operating loss or similar tax loss carryforward or a tax credit carryforward exists. The adoption of this guidance did not have a material impact on the Company's consolidated results of operations or financial position. In May 2014, the FASB issued ASU 2014-09, to ASC 606 "Revenue from Contracts with Customers." ASU 2014-09 provides authoritative guidance clarifying the principles for recognizing revenue and developing a common revenue standard for U.S. GAAP. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. Additionally, the guidance requires improved disclosure to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue that is recognized. The guidance becomes effective for the Company for the year beginning January 1, 2018. We are currently evaluating the impact the adoption of this guidance will have on the Company's consolidated results of operations, financial position, and disclosures.

Acquisitions (Notes)

Acquisitions (Notes)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	ACQUISITIONS AND DIVESTITURES In 2015, the Company consummated acquisitions totaling $16.6 million , including the acquisition of a real-time monitoring water purity technology for an estimated aggregate purchase price of $14.7 million that will be integrated into the Company's process analytics product offering. The Company may be required to pay additional cash consideration related to an earn-out period. Goodwill recorded in connection with the acquisition totaled $9.0 million , which is included in the Company's U.S. Operations segment. The Company also recorded $6.8 million of identified intangibles primarily pertaining to technology in connection with the acquisitions, which will be amortized on a straight-line basis over 10 years .

Inventories

Inventories	12 Months Ended
	Dec. 31, 2015
INVENTORIES [Abstract]
Inventory Disclosure	INVENTORIES Inventory consisted of the following at December 31 : 2015 2014 Raw materials and parts $ 98,252 $ 97,969 Work-in-progress 35,100 34,973 Finished goods 81,031 71,589 Total Inventory $ 214,383 $ 204,531

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 31, 2015
Financial Instruments [Abstract]
Financial Instruments Disclosure	FINANCIAL INSTRUMENTS The Company has limited involvement with derivative financial instruments and does not use them for trading purposes. As described below, the Company enters into certain interest rate swap agreements in order to manage its exposure to changes in interest rates. At December 31, 2015 , the interest payments associated with 91% of the Company's debt are fixed obligations. The amount of the Company's fixed obligation interest payments may change based upon the expiration dates of its interest rate swap agreement and the level and composition of its debt. The Company also enters into separate foreign currency forward contracts to limit the Company's exposure to currency fluctuations on the respective hedged items. As also mentioned in Note 9, the Company has designated its euro-denominated debt as a hedge of a portion of its net investment in euro-denominated foreign operations. For additional disclosures on the fair value of financial instruments, see Note 6. Cash Flow Hedges In July 2012, the Company began entering into foreign currency forward contracts, designated as cash flow hedges, to hedge certain forecasted intercompany sales denominated in euro with its Swiss-based business. The Company increased the notional amount of the cash flow hedges to a total notional value and average forward rate of Euro 86 million and 1.21 for contracts that matured in 2015 and Euro 67 million and 1.19 for contracts that mature in 2016, prior to the Swiss National Bank's abandonment in January 2015 of its previously established exchange rate floor of 1.20 Swiss francs per euro. The notional amount of foreign currency forward contracts outstanding were $73 million (Euro 67 million ) and $87 million (Euro 72 million ) at December 31, 2015 and 2014, respectively. The amount recognized in other comprehensive income (loss) during 2015 and 2014 was a gain of $19.0 million and a gain of $1.2 million , respectively. The Company had an interest rate swap agreement designated as a cash flow hedge. The agreement was a forward-starting swap which had the effect of changing the floating rate LIBOR-based interest payments associated with $100 million in forecasted borrowings under the Company’s credit facility to a fixed obligation of 3.24% beginning in October 2010 that matured in October 2015. In June 2013, the Company entered into a forward-starting interest rate swap agreement, designated as a cash flow hedge. The agreement changes the floating rate LIBOR-based interest payments associated with $50 million in forecasted borrowings under the Company's credit agreement to a fixed obligation of 2.52% beginning in October 2015 and matures in October 2020. In March 2015, the Company entered into a forward-starting interest rate swap agreement. The agreement will change the floating rate LIBOR-based interest payments associated with $100 million in forecasted borrowings under the Company's credit agreement to a fixed obligation of 2.25% beginning in February 2017 and matures in February 2022. The cash flow hedges are recorded gross at fair value in the consolidated balance sheet at December 31, 2015 and 2014 , and disclosed in Note 6 to the consolidated financial statements. Amounts reclassified into other comprehensive income and the effective portions of the cash flow hedges are further disclosed in Note 10 to the consolidated financial statements. A derivative gain of $5.0 million based upon interest rates and foreign currency rates at December 31, 2015 is expected to be reclassified from other comprehensive income (loss) to earnings in the next 12 months. Through December 31, 2015 , no hedge ineffectiveness has occurred in relation to these cash flow hedges. Other Derivatives The Company enters into foreign currency forward contracts in order to economically hedge short-term intercompany balances largely denominated in Swiss franc, other major European currencies, and the Chinese renminbi with its foreign businesses. In accordance with U.S. GAAP, these contracts are considered “derivatives not designated as hedging instruments.” Gains or losses on these instruments are reported in current earnings. The foreign currency forward contracts are recorded at fair value in the consolidated balance sheet at December 31, 2015 and 2014 , as disclosed in Note 6 to the consolidated financial statements. The Company recognized in other charges (income), a net loss of $5.3 million and $3.5 million during the years ended December 31, 2015 and 2014, respectively. At December 31, 2015 and 2014 , these contracts had a notional value of $318.7 million and $325.4 million , respectively. The Company may be exposed to credit losses in the event of nonperformance by the counterparties to its derivative financial instrument contracts. Counterparties are established banks and financial institutions with high credit ratings. The Company believes that such counterparties will be able to fully satisfy their obligations under these contracts.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Measurements [Abstract]
Fair Value Disclosures	FAIR VALUE MEASUREMENTS At December 31, 2015 and 2014 , the Company had derivative assets totaling $8.2 million and $2.2 million , respectively, and derivative liabilities totaling $4.7 million and $5.6 million , respectively. The fair values of the interest rate swap agreements, foreign currency forward contracts designated as cash flow hedges, and foreign currency forward contracts that economically hedge short-term intercompany balances are estimated based upon inputs from current valuation information obtained from dealer quotes and priced with observable market assumptions and appropriate valuation adjustments for credit risk. The Company has evaluated the valuation methodologies used to develop the fair values by dealers in order to determine whether such valuations are representative of an exit price in the Company’s principal market. In addition, the Company uses an internally developed model to perform testing on the valuations received from brokers. The Company has also considered both its own credit risk and counterparty credit risk in determining fair value and determined these adjustments were insignificant for the years ended December 31, 2015 and 2014 . The Company had $18.8 million and $14.2 million of cash equivalents at December 31, 2015 and 2014 , respectively, the fair value of which is determined through quoted and corroborated prices in active markets. The fair value of cash equivalents approximates cost. The fair value of the Company's fixed interest rate debt was estimated using Level 2 inputs, primarily discounted cash flow models, based on estimated current rates offered for similar debt under current market conditions for the Company. The carrying value of the Company's debt exceeds the fair value by approximately $9.2 million as of December 31, 2015 . The fair value of the Company's debt exceeds the carrying value by approximately $17.8 million as of December 31, 2014 . Under U.S. GAAP, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value measurement consists of observable and unobservable inputs that reflect the assumptions that a market participant would use in pricing an asset or liability. A fair value hierarchy has been established that categorizes these inputs into three levels: Level 1: Quoted prices in active markets for identical assets and liabilities Level 2: Observable inputs other than quoted prices in active markets for identical assets and liabilities Level 3: Unobservable inputs The following table presents, for each of these hierarchy levels, the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2015 and 2014 : December 31, 2015 December 31, 2014 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Cash equivalents $ 18,755 $ — $ 18,755 $ — $ 14,188 $ — $ 14,188 $ — Foreign currency forward contracts designated as cash flow hedges 7,056 — 7,056 — 567 — 567 — Foreign currency forward contracts not designated as hedging instrument 1,166 — 1,166 — 1,611 — 1,611 — Total $ 26,977 $ — $ 26,977 $ — $ 16,366 $ — $ 16,366 $ — Liabilities: Interest rate swap agreements $ 4,092 $ — $ 4,092 $ — $ 3,768 $ — $ 3,768 $ — Foreign currency forward contracts not designated as hedging instrument 625 — 625 — 1,799 — 1,799 — Total $ 4,717 $ — $ 4,717 $ — $ 5,567 $ — $ 5,567 $ —

Property, Plant and Equipment,

Property, Plant and Equipment, Net	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment, Net [Abstract]
Property, Plant and Equipment Disclosure	PROPERTY, PLANT, AND EQUIPMENT, NET Property, plant, and equipment, net consisted of the following at December 31 : 2015 2014 Land $ 47,358 $ 51,123 Building and leasehold improvements 211,490 210,008 Machinery and equipment 341,820 345,888 Computer software 353,556 327,753 Property, plant, and equipment, gross 954,224 934,772 Less accumulated depreciation and amortization (436,995 ) (423,310 ) Property, plant, and equipment, net $ 517,229 $ 511,462

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure	GOODWILL AND OTHER INTANGIBLE ASSETS The following table shows the changes in the carrying amount of goodwill for the years ended December 31 : 2015 2014 Balance at beginning of year $ 444,085 $ 455,842 Goodwill acquired 9,773 1,282 Foreign currency translation (7,574 ) (13,039 ) Balance at year end $ 446,284 $ 444,085 Goodwill and indefinite-lived assets are reviewed for impairment on an annual basis in the fourth quarter. The Company completed its impairment review and determined that, through December 31, 2015 , there had been no impairment of these assets. The components of other intangible assets as of December 31 are as follows: 2015 2014 Gross Amount Accumulated Amortization Intangibles, Net Gross Amount Accumulated Amortization Intangibles, Net Customer relationships $ 98,175 $ (30,836 ) $ 67,339 $ 98,325 $ (28,159 ) $ 70,166 Proven technology and patents 52,938 (32,444 ) 20,494 45,588 (30,761 ) 14,827 Tradenames (finite life) 4,200 (2,158 ) 2,042 4,140 (1,786 ) 2,354 Tradenames (indefinite life) 24,814 — 24,814 24,947 — 24,947 Other 2,111 (1,548 ) 563 1,573 (1,083 ) 490 $ 182,238 $ (66,986 ) $ 115,252 $ 174,573 $ (61,789 ) $ 112,784 The Company recognized amortization expense associated with the above intangible assets of $6.3 million , $6.5 million , and $5.9 million for the years ended December 31, 2015 , 2014 , and 2013 , respectively. The annual aggregate amortization expense based on the current balance of other intangible assets is estimated at $6.6 million for 2016 , $6.3 million for 2017 , $6.0 million for 2018 , $5.7 million for 2019 , and $5.5 million for 2020 . The finite-lived intangible assets are amortized on a straight-line basis over periods ranging from 3 to 45 years. The straight-line method of amortization reflects an appropriate allocation of the cost of the intangible assets to earnings in proportion to the amount of economic benefits obtained by the Company in each reporting period. Purchased intangibles amortization was $5.7 million , $3.9 million after tax, $5.6 million , $3.9 million after tax, and $5.3 million , $3.6 million after tax, for the years ended December 31, 2015 , 2014 , and 2013 , respectively. In addition to the above amortization, the Company recorded amortization expense associated with capitalized software of $24.4 million , $22.4 million , and $18.6 million for the years ended December 31, 2015 , 2014 , and 2013 , respectively.

Debt

Debt	12 Months Ended
	Dec. 31, 2015
Debt [Abstract]
Debt Disclosure	DEBT Debt consisted of the following at December 31 : 2015 2014 $100 million Senior Notes, interest at 6.30%, due June 25, 2015 — 100,000 $50 million Senior Notes, interest at 3.67%, due December 17, 2022 50,000 50,000 $50 million Senior Notes, interest 4.10%, due September 19, 2023 50,000 50,000 $125 million Senior Notes, interest 3.84%, due September 19, 2024 125,000 125,000 $125 million Senior Notes, interest 4.24% due June 25, 2025 125,000 — Euro 125 million Senior Notes, interest 1.47% due June 17, 2030 136,575 — $800 million Credit Agreement, interest at LIBOR plus 87.5 basis points 90,409 110,790 Other local arrangements 14,488 16,164 Total debt 591,472 451,954 Less: current portion (14,488 ) (116,164 ) Long-term debt $ 576,984 $ 335,790 6.30% Senior Notes In 2009 , the Company issued and sold $100 million of 6.30% Senior Notes due June 25, 2015 in a private placement. The 6.30% Senior Notes were senior unsecured obligations of the Company and were fully paid on the due date. 3.67% Senior Notes In 2012 , the Company issued and sold $50 million of 3.67% Senior Notes due December 17, 2022 in a private placement. The 3.67% Senior Notes are senior unsecured obligations of the Company. Interest is payable semi-annually in June and December. The 3.67% Senior Notes contain customary affirmative and negative covenants including, among others, limitations on the Company and its subsidiaries with respect to incurrence of liens and priority indebtedness, disposition of assets, mergers, and transactions with affiliates. The note purchase agreement also requires the Company to maintain a consolidated interest coverage ratio of not less than 3.5 to 1.0 and a consolidated leverage ratio of not more than 3.5 to 1.0 . The 3.67% Senior Notes also contain customary events of default with customary grace periods, as applicable. The Company was in compliance with these covenants at December 31, 2015. Issuance costs approximating $0.4 million are being amortized to interest expense over the ten -year term of the 3.67% Senior Notes. 4.10% Senior Notes In 2013, the Company issued and sold $50 million of 4.10% Senior Notes due September 19, 2023 in a private placement. The 4.10% Senior Notes are senior unsecured obligations of the Company. Interest on the 4.10% Senior Notes is payable semi-annually in March and September each year, beginning in March 2014. The 4.10% Senior Notes contain customary affirmative and negative covenants, change in control and prepayment provisions, that are substantially similar to those contained in the previously issued debt of the Company as described above. The 4.10% Senior Notes also contain customary events of default with customary grace periods, as applicable. The Company was in compliance with these covenants at December 31, 2015. Issuance costs approximating $0.4 million are being amortized to interest expense over the ten -year term of the 4.10% Senior Notes. 3.84% Senior Notes and 4.24% Senior Notes In the second quarter of 2014, the Company entered into an agreement to issue and sell $250 million of ten -year Senior Notes in a private placement. The Company issued $125 million with a fixed interest rate of 3.84% (" 3.84% Senior Notes") in September 2014 and issued $125 million with a fixed interest rate of 4.24% (" 4.24% Senior Notes") in June 2015. The Senior Notes are senior unsecured obligations of the Company. Interest on the 3.84% Senior Notes is payable semi-annually in March and September each year, beginning in March 2015. Interest on the 4.24% Senior Notes is payable semi-annually in June and December of each year, beginning in December 2015. The 4.24% Senior Notes were used to repay $100 million of 6.30% Senior Notes which were due June 25, 2015. The 3.84% Senior Notes and 4.24% Senior Notes contain customary affirmative and negative covenants, change in control and prepayment provisions, that are substantially similar to those contained in the previously issued debt of the Company as described above. The 3.84% Senior Notes and 4.24% Senior Notes also contain customary events of default with customary grace periods, as applicable. The Company was in compliance with these covenants at December 31, 2015. Issuance costs approximating $0.9 million are being amortized to interest expense over the ten -year term of the Senior Notes. 1.47% Euro Senior Notes In June 2015 , the Company issued in a private placement Euro 125 million with a fixed interest rate of 1.47% (" 1.47% Euro Senior Notes") fifteen -year Senior Notes. The Euro Senior Notes are senior unsecured obligations of the Company. The Company has designated the 1.47% Euro Senior Notes as a hedge of a portion of its net investment in a euro-functional currency subsidiary to reduce foreign currency translation risk associated with the net investment in these operations. Changes in the carrying value of this debt resulting from fluctuations in the euro to U.S. dollar exchange rate are recorded as foreign currency translation adjustments within other comprehensive income (loss). The unrealized gain recorded in other comprehensive income (loss) related to this net investment hedge was $3.6 million for the period ended December 31, 2015 . Interest on the 1.47% Senior Notes is payable in June and December each year, beginning in December 2015. The Company may at any time prepay the Senior Notes, in whole or in part, at a price equal to 100% of the principal amount thereof plus accrued and unpaid interest, plus in some instances, a "make-whole" prepayment premium and a swap related currency loss. The Company was in compliance with these covenants at December 31, 2015. Issuance costs approximating $0.4 million are being amortized to interest expense over the fifteen -year term of the Euro Senior Notes. Credit Agreement In 2015, the Company entered into an $800 million Credit Agreement (the "Credit Agreement"), which amended its $800 million Amended and Restated Credit Agreement (the "Prior Credit Agreement"). The Credit Agreement is provided by a group of financial institutions (similar to the Company's Prior Credit Agreement) and has a maturity date of December 17, 2020 . It is a revolving credit facility and is not subject to any scheduled principal payments prior to maturity. The obligations under the Credit Agreement are unsecured. Borrowings under the Credit Agreement bear interest at current market rates plus a margin based on the Company’s consolidated leverage ratio, which was set at LIBOR plus 87.5 basis points as of December 31, 2015 . The Company must also pay facility fees that are tied to its leverage ratio. The Credit Agreement contains covenants that are substantially similar to those contained in the previously issued debt of the Company as described above, with which the Company was in compliance as of December 31, 2015 . The Credit Agreement also places certain limitations on the Company, including limiting the ability to incur liens or indebtedness at a subsidiary level. In addition, the Credit Agreement has several events of default. The Company incurred approximately $0.1 million of debt extinguishment costs during 2015 related to the Prior Credit Agreement. The Company capitalized $1.1 million in financing fees during 2015 associated with the Credit Agreement which will be amortized to interest expense through 2020 . As of December 31, 2015 , approximately $704.7 million was available under the facility. The Company’s weighted average interest rate was 4.7% and 5.2% for the years ended December 31, 2015 and 2014 , respectively.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure	SHAREHOLDERS’ EQUITY Common Stock The number of authorized shares of the Company’s common stock is 125,000,000 shares with a par value of $0.01 per share. Holders of the Company’s common stock are entitled to one vote per share. At December 31, 2015 , 3,985,412 shares of the Company’s common stock were reserved for issuance pursuant to the Company’s stock option plans. Preferred Stock The Board of Directors, without further shareholder authorization, is authorized to issue up to 10,000,000 shares of preferred stock, par value $0.01 per share in one or more series and to determine and fix the rights, preferences, and privileges of each series, including dividend rights and preferences over dividends on the common stock and one or more series of the preferred stock, conversion rights, voting rights (in addition to those provided by law), redemption rights, and the terms of any sinking fund therefore, and rights upon liquidation, dissolution, or winding up, including preferences over the common stock and one or more series of the preferred stock. The issuance of shares of preferred stock, or the issuance of rights to purchase such shares, may have the effect of delaying, deferring, or preventing a change in control of the Company or an unsolicited acquisition proposal. Share Repurchase Program The Company has a share repurchase program of which there was $1.5 billion of remaining common shares authorized to be repurchased under the program as of December 31, 2015. This includes the Board of Directors authorization of an additional $1.5 billion to the program in November 2015. The share repurchases are expected to be funded from existing cash balances, borrowings, and cash generated from operating activities. Repurchases will be made through open market transactions, and the amount and timing of repurchases will depend on business and market conditions, stock price, trading restrictions, the level of acquisition activity, and other factors. The Company has purchased 24.6 million common shares since the inception of the program in 2004 through December 31, 2015 , at a total cost of $3.0 billion . During the years ended December 31, 2015 and 2014 , the Company spent $495.0 million and $414.0 million on the repurchase of 1,556,797 shares and 1,617,499 shares at an average price per share of $317.92 and $255.93 , respectively. Accumulated Other Comprehensive Income (Loss) The following table presents changes in accumulated other comprehensive income by component for the period ended December 31, 2015 and 2014 : Currency Translation Adjustment, Net of Tax Net Unrealized Pension and Post-Retirement Benefit Related Items, Total Balance at December 31, 2013 $ 77,915 $ (2,433 ) $ (110,518 ) $ (35,036 ) Other comprehensive income (loss), net of tax: Net unrealized actuarial gains (loss), prior service costs, and plan amendments — — (105,230 ) (105,230 ) Net unrealized gains (loss) on cash flow hedging arrangements — (713 ) — (713 ) Foreign currency translation adjustment (82,875 ) (55 ) 8,089 (74,841 ) Amounts recognized from accumulated other comprehensive income (loss), net of tax — 1,257 1,614 2,871 Net change in other comprehensive income (loss), net of tax (82,875 ) 489 (95,527 ) (177,913 ) Balance at December 31, 2014 $ (4,960 ) $ (1,944 ) $ (206,045 ) $ (212,949 ) Other comprehensive income (loss), net of tax: Net unrealized actuarial gains (loss), prior service costs and plan amendments — — (21,570 ) (21,570 ) Net unrealized gains (loss) on cash flow hedging arrangements — 14,026 — 14,026 Foreign currency translation adjustment (52,434 ) (805 ) 5,835 (47,404 ) Amounts recognized from accumulated other comprehensive income (loss), net of tax — (8,261 ) 9,509 1,248 Net change in other comprehensive income (loss), net of tax (52,434 ) 4,960 (6,226 ) (53,700 ) Balance at December 31, 2015 $ (57,394 ) $ 3,016 $ (212,271 ) $ (266,649 ) The following table presents amounts recognized from accumulated other comprehensive income (loss) for the twelve months period ended December 31, 2015 and 2014: 2015 2014 Location of Amounts Recognized in Earnings Effective portion of losses (gains) on cash flow hedging arrangements: Interest rate swap agreements $ 2,764 $ 3,119 Interest expense Foreign currency forward contracts (12,529 ) (831 ) Cost of sales - products Total before taxes (9,765 ) 2,288 Provision for taxes (1,504 ) 1,031 Provision for taxes Total, net of taxes $ (8,261 ) $ 1,257 Recognition of defined benefit pension and post-retirement items: Recognition of actuarial losses, plan amendments, and prior service cost, before taxes $ 13,018 $ 2,877 (a) Provision for taxes 3,509 1,263 Provision for taxes Total, net of taxes $ 9,509 $ 1,614 (a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 12 for additional details for the year ended December 31, 2015.

Equity Incentive Plan

Equity Incentive Plan	12 Months Ended
	Dec. 31, 2015
EQUITY INCENTIVE PLAN [Abstract]
Equity Incentive Disclosure	EQUITY INCENTIVE PLAN The Company’s equity incentive plan provides employees and directors of the Company additional incentives to join and/or remain in the service of the Company as well as to maintain and enhance the long-term performance and profitability of the Company. The Company’s 2013 equity incentive plan was approved by shareholders on May 2, 2013 and provides that 2 million shares of common stock, plus any options outstanding under the Company’s prior option plan that terminate without being exercised, may be the subject of awards. The plan provides for the grant of options, restricted stock, restricted stock units and other equity-based awards. The exercise price of options granted shall not be less than the fair market value of the common stock on the date of the award. Options primarily vest equally over a five -year period from the date of grant and have a maximum term of up to ten years and six months. Restricted units primarily vest equally over a five -year period from the date of grant. Since 2005, the compensation committee of the Board of Directors has generally granted restricted share units to participating managers and non-qualified stock options to executive officers. All share-based compensation arrangements granted to employees, including stock option grants, are recognized in the consolidated statement of operations based on the grant-date fair value of the award over the period during which an employee is required to provide service in exchange for the award. Share-based compensation expense is recorded within selling, general, and administrative in the consolidated statement of operations with a corresponding offset to additional paid-in capital in the consolidated balance sheet. The fair values of stock options granted were calculated using the Black-Scholes pricing model. The aggregate intrinsic value of an option is the amount by which the fair value of the underlying stock exceeds its exercise price. The following table summarizes all stock option activity from December 31, 2014 through December 31, 2015 : Number of Options Weighted Average Exercise Price Aggregate Intrinsic Value (in millions) Outstanding at December 31, 2014 1,646,483 $133.80 $277.7 Granted 108,694 312.36 Exercised (372,355 ) 79.37 Forfeited (8,117 ) 208.17 Outstanding at December 31, 2015 1,374,705 $162.29 $243.1 Options exercisable at December 31, 2015 1,000,773 $130.15 $209.1 The following table details the weighted average remaining contractual life of options outstanding at December 31, 2015 by range of exercise prices: Number of Options Outstanding Weighted Average Exercise Price Remaining Contractual Life of Options Outstanding Options Exercisable 294,206 $ 84.18 3.4 294,206 202,950 $ 109.00 1.9 202,950 340,650 $ 141.50 5.3 309,259 173,273 $ 169.37 6.8 109,023 363,626 $ 271.34 8.8 85,335 1,374,705 5.5 1,000,773 As of the date granted, the weighted average grant-date fair value of the options granted during the years ended December 31, 2015 , 2014 , and 2013 was $92.81 , $77.64 , and $66.33 , respectively. Such weighted average grant-date fair value was determined using the following assumptions: 2015 2014 2013 Risk-free interest rate 1.65 % 1.66 % 1.31 % Expected life in years 5.7 5.6 5.0 Expected volatility 28 % 28 % 28 % Expected dividend yield — — — The total intrinsic value of options exercised during the years ended December 31, 2015 , 2014 , and 2013 was approximately $90.7 million , $66.9 million , and $60.0 million , respectively. The total fair value of options vested during the years ended December 31, 2015 , 2014 , and 2013 was approximately $8.6 million , $6.4 million , and $5.7 million , respectively. The following table summarizes all restricted stock unit activity from December 31, 2014 through December 31, 2015 : Number of Restricted Stock Units Aggregate Intrinsic Value (in millions) Outstanding at December 31, 2014 96,097 $ 29.1 Granted 25,970 Vested (31,553 ) Forfeited (8,440 ) Outstanding at December 31, 2015 82,074 $ 27.8 The weighted average grant-date fair value of the restricted stock units granted during years ended 2015 and 2014 was $312.57 and $263.58 per unit, respectively, and the restricted units vest ratably primarily over a five -year period. The total fair value of the restricted stock units on the date of grant of $8.1 million for 2015 and $7.8 million for 2014 will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2015 , 2014 , and 2013 was approximately $6.0 million , $5.8 million , and $5.6 million , respectively. Approximately $5.8 million and $5.6 million of compensation expense was recognized during the years ended December 31, 2015 and 2014 , respectively. At December 31, 2015 , a total of 2,448,666 shares of common stock were available for grant in the form of stock options or restricted stock units. As of December 31, 2015 , the unrecorded deferred share-based compensation balance related to both stock options and restricted stock units was $44.9 million and will be recognized using a straight-line method over an estimated weighted average amortization period of 2.3 years .

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2015
BENEFIT PLANS [Abstract]
Benefits Plans Disclosure	BENEFIT PLANS The Company maintains a number of retirement and other post-retirement employee benefit plans. Certain subsidiaries sponsor defined contribution plans. Benefits are determined and funded annually based upon the terms of the plans. Amounts recognized as cost under these plans amounted to $16.0 million , $15.6 million , and $15.1 million for the years ended December 31, 2015 , 2014 , and 2013 , respectively. Certain subsidiaries sponsor defined benefit plans. Benefits are provided to employees primarily based upon years of service and employees’ compensation for certain periods during the last years of employment. Prior to 2002, the Company’s U.S. operations also provided post-retirement medical benefits to their employees. Contributions for medical benefits are related to employee years of service. The following tables set forth the change in benefit obligation, the change in plan assets, the funded status, and amounts recognized in the consolidated financial statements for the Company’s defined benefit plans and post-retirement plan at December 31, 2015 and 2014 : U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Total 2015 2014 2015 2014 2015 2014 2015 2014 Change in benefit obligation: Benefit obligation at beginning of year $ 164,367 $ 138,147 $ 863,639 $ 814,200 $ 3,754 $ 5,295 $ 1,031,760 $ 957,642 Service cost, gross 837 893 31,514 28,579 — 170 32,351 29,642 Interest cost 6,431 6,396 14,071 21,445 139 240 20,641 28,081 Actuarial losses (gains) (10,145 ) 25,848 (4,959 ) 117,902 113 477 (14,991 ) 144,227 Plan amendments and other — — (12,391 ) (453 ) 163 (1,951 ) (12,228 ) (2,404 ) Benefits paid (7,075 ) (6,917 ) (49,010 ) (35,279 ) (897 ) (477 ) (56,982 ) (42,673 ) Impact of foreign currency — — (24,595 ) (82,755 ) — — (24,595 ) (82,755 ) Benefit obligation at end of year $ 154,415 $ 164,367 $ 818,269 $ 863,639 $ 3,272 $ 3,754 $ 975,956 $ 1,031,760 Change in plan assets: Fair value of plan assets at beginning of year $ 132,030 $ 117,903 $ 751,193 $ 786,532 $ — $ — $ 883,223 $ 904,435 Actual return on plan assets (5,907 ) 2,974 (2,925 ) 40,893 — — (8,832 ) 43,867 Employer contributions 70 18,070 22,812 25,448 734 343 23,616 43,861 Plan participants’ contributions — — 12,850 13,409 163 134 13,013 13,543 Benefits paid (7,075 ) (6,917 ) (49,010 ) (35,279 ) (897 ) (477 ) (56,982 ) (42,673 ) Impact of foreign currency and other — — (9,323 ) (79,810 ) — — (9,323 ) (79,810 ) Fair value of plan assets at end of year $ 119,118 $ 132,030 $ 725,597 $ 751,193 $ — $ — $ 844,715 $ 883,223 Funded status $ (35,297 ) $ (32,337 ) $ (92,672 ) $ (112,446 ) $ (3,272 ) $ (3,754 ) $ (131,241 ) $ (148,537 ) Amounts recognized in the consolidated balance sheets consist of: U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Total 2015 2014 2015 2014 2015 2014 2015 2014 Other non-current assets $ — $ — $ 32,786 $ 38,922 $ — $ — $ 32,786 $ 38,922 Accrued and other liabilities (92 ) (69 ) (4,508 ) (4,676 ) (483 ) (579 ) (5,083 ) (5,324 ) Pension and other post-retirement liabilities (35,205 ) (32,268 ) (120,950 ) (146,692 ) (2,789 ) (3,175 ) (158,944 ) (182,135 ) Accumulated other comprehensive loss (income) 83,347 85,636 216,224 213,702 (9,943 ) (15,303 ) 289,628 284,035 Total $ 48,050 $ 53,299 $ 123,552 $ 101,256 $ (13,215 ) $ (19,057 ) $ 158,387 $ 135,498 The following amounts have been recognized in accumulated other comprehensive income (loss), before taxes, at December 31, 2015 and have not yet been recognized as a component of net periodic pension cost: U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Total Total, After Tax Plan amendments and prior service cost $ — $ (27,114 ) $ (3,028 ) $ (30,142 ) $ (23,079 ) Actuarial losses (gains) 83,347 243,338 (6,915 ) 319,770 235,350 Total $ 83,347 $ 216,224 $ (9,943 ) $ 289,628 $ 212,271 The following changes in plan assets and benefit obligations were recognized in other comprehensive income (loss), before taxes, for the year ended December 31, 2015 : U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Total Total, After Tax Net actuarial losses (gains) $ 5,337 $ 33,507 $ 113 $ 38,957 $ 30,759 Plan amendments and prior service cost, net — (12,058 ) — (12,058 ) (9,189 ) Amortization of: Actuarial (losses) gains (7,626 ) (15,084 ) 1,877 (20,833 ) (15,134 ) Plan amendments and prior service cost — 4,445 3,370 7,815 5,625 Impact of foreign currency — (8,288 ) — (8,288 ) (5,835 ) Total $ (2,289 ) $ 2,522 $ 5,360 $ 5,593 $ 6,226 The accumulated benefit obligations at December 31, 2015 and 2014 were $154.4 million and $164.4 million , respectively, for the U.S. defined benefit pension plan and $803.3 million and $834.7 million , respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2015 were $168.4 million , $158.2 million , and $42.9 million , respectively. The assumed discount rates and rates of increase in future compensation levels used in calculating the projected benefit obligations vary according to the economic conditions of the country in which the retirement plans are situated. The weighted average rates used for the purposes of the Company’s plans are as follows: U.S. Non-U.S. 2015 2014 2013 2015 2014 2013 Discount rate 4.27 % 4.00 % 4.75 % 1.31 % 1.65 % 2.73 % Compensation increase rate n/a n/a n/a 1.03 % 1.61 % 1.61 % Expected long-term rate of return on plan assets 7.25 % 7.50 % 7.50 % 4.58 % 4.82 % 4.87 % The assumed discount rates, rates of increase in future compensation levels, and the long-term rate of return used in calculating the net periodic pension cost vary according to the economic conditions of the country in which the retirement plans are situated. The weighted average rates used for the purposes of the Company’s plans are as follows: U.S. Non-U.S. 2015 2014 2013 2015 2014 2013 Discount rate 4.00 % 4.75 % 3.75 % 1.65 % 2.73 % 2.50 % Compensation increase rate n/a n/a n/a 1.61 % 1.61 % 1.60 % Expected long-term rate of return on plan assets 7.50 % 7.50 % 7.75 % 4.82 % 4.87 % 4.89 % Net periodic pension cost and net periodic post-retirement benefit for the defined benefit plans and U.S. post-retirement plan includes the following components for the years ended December 31 : U.S. Non-U.S. Other Benefits Total 2015 2014 2013 2015 2014 2013 2015 2014 2013 2015 2014 2013 Service cost, net $ 837 $ 893 $ 494 $ 18,664 $ 15,189 $ 17,386 $ — $ 170 $ 216 $ 19,501 $ 16,252 $ 18,096 Interest cost on projected benefit obligations 6,431 6,396 5,755 14,071 21,445 19,566 139 240 405 20,641 28,081 25,726 Expected return on plan assets (9,575 ) (8,549 ) (7,154 ) (36,832 ) (37,361 ) (35,048 ) — — — (46,407 ) (45,910 ) (42,202 ) Recognition of actuarial losses/(gains) and prior service costs 7,626 4,800 7,782 10,639 292 3,545 (5,247 ) (2,215 ) (901 ) 13,018 2,877 10,426 Net periodic pension cost / (benefit) $ 5,319 $ 3,540 $ 6,877 $ 6,542 $ (435 ) $ 5,449 $ (5,108 ) $ (1,805 ) $ (280 ) $ 6,753 $ 1,300 $ 12,046 The amounts remaining in accumulated other comprehensive income (loss) that are expected to be recognized as a component of net periodic pension cost during 2016 are as follows: U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Total Plan amendments and prior service costs $ — $ (3,889 ) $ (1,877 ) $ (5,766 ) Actuarial losses (gains) 7,561 17,935 (2,692 ) 22,804 Total $ 7,561 $ 14,046 $ (4,569 ) $ 17,038 The projected post-retirement benefit obligation was principally determined using discount rates of 3.54% in 2015 , 4.00% in 2014 , and 4.75% in 2013 . Net periodic post-retirement benefit cost was principally determined using discount rates of 4.00% in 2015 , and 4.75% in 2014 , and 3.75% in 2013 . The health care cost trend rate was 8.0% in 2015 , ranged from 7.75% to 8.50% in 2014 , and was 8.0% 2013 , decreasing to 5.00% in 2022. A one-percentage-point change in health care cost trend rates would have an immaterial impact on total service and interest cost components and the post-retirement benefit obligation. The Company’s overall asset investment strategy is to achieve long-term growth while minimizing volatility by widely diversifying among asset types and strategies. Target asset allocations and investment return criteria are established by the pension committee or designated officers of each plan. Target asset allocation ranges for the U.S. pension plan include 33 - 53% in equity securities, 11 - 21% in fixed income securities, and 30 - 50% in other types of investments. International plan assets relate primarily to the Company’s Swiss plan with target allocations of 25 - 45% in equities, 35 - 55% in fixed income securities, and 15 - 25% in other types of investments. Actual results are monitored against targets and the trustees are required to report to the members of each plan, including an analysis of investment performance on an annual basis at a minimum. Day-to-day asset management is typically performed by third-party asset managers, reporting to the pension committees or designated officers. The long-term rate of return on plan asset assumptions used to determine pension expense under U.S. GAAP are generally based on estimated future returns for the target investment mix determined by the trustees as well as historical investment performance. The following table presents the fair value measurement of the Company’s plan assets by hierarchy level: December 31, 2015 December 31, 2014 Quoted Prices in Active Markets for Identical Assets (Level 1) Observable Inputs for Identical Assets (Level 2) Unobservable Inputs (Level 3) Total Quoted Prices in Active Markets for Identical Assets (Level 1) Observable Inputs for Identical Assets (Level 2) Unobservable Inputs (Level 3) Total Asset Category: Cash and Cash Equivalents $ 86,135 $ — $ — $ 86,135 $ 140,959 $ — $ — $ 140,959 Equity Securities: Mettler-Toledo Stock 3,229 — — 3,229 3,638 — — 3,638 Equity Mutual Funds: U.S. (1) 6,320 27,614 — 33,934 7,377 30,268 — 37,645 International (2) 41,982 50,748 — 92,730 39,515 52,476 — 91,991 Emerging Markets (3) 95,065 6,117 — 101,182 72,360 6,679 — 79,039 Fixed Income Securities: Corporate/Government 91,533 — — 91,533 124,709 — — 124,709 Bonds (4) Fixed Income Mutual Funds: Insurance Contracts (5) — 20,351 1,367 21,718 — 23,288 1,388 24,676 Core Bond (6) 138,073 37,099 — 175,172 120,840 38,757 — 159,597 Real Asset Mutual Funds: Real Estate (7) 65,597 — — 65,597 61,849 — — 61,849 Commodities (8) 21,092 3,880 33,505 58,477 20,920 3,118 28,196 52,234 Other Types of Investments: Global Allocation Funds (9) 12,661 13,605 — 26,266 13,790 12,145 — 25,935 Multi-Strategy Fund of — — 88,742 88,742 — — 80,951 80,951 Hedge Funds (10) $ 561,687 $ 159,414 $ 123,614 $ 844,715 $ 605,957 $ 166,731 $ 110,535 $ 883,223 _______________________________________ (1) Represents primarily large capitalization equity mutual funds tracking the S&P 500 Index. (2) Represents all capitalization core and value equity mutual funds located primarily in Switzerland, the United Kingdom, and Canada. (3) Represents core and growth mutual funds and funds of mutual funds invested in emerging markets primarily in Eastern Europe, Latin America, and Asia. (4) Represents investments in high-grade corporate and government bonds located in Switzerland and the European Union. (5) Represents fixed and variable rate annuity contracts provided by insurance companies. (6) Represents fixed income mutual funds invested in the U.S., the United Kingdom, Switzerland, and European government bonds, high-grade corporate bonds, mortgage-backed securities, and collateralized mortgage obligations. (7) Represents mutual funds invested in real estate located primarily in Switzerland. (8) Represents commodity funds invested across a broad range of sectors. (9) Represents mutual funds invested globally in both equities and fixed income securities. (10) Represents primarily equity investments to profit from long and short equity positions, economic and government driven events and relative value, and tactical trading strategies. The fair value of the Company’s stock and corporate and government bonds are valued at the year end closing price as reported on the securities exchange on which they are traded. Mutual funds are valued at the exchange-listed year end closing price or at the net asset value of shares held by the fund at the end of the year. Insurance contracts are valued by discounting the related cash flows using a current year end market rate or at cash surrender value, which is presumed to equal fair value. Funds of hedge funds are valued at the net asset value of shares held by the fund at the end of the year. The following table presents a rollforward of activity for the years ended December 31, 2015 and 2014 for Level 3 asset categories: Multi- Strategy Fund of Hedge Funds Commodities Insurance Contract Total Balance at December 31, 2013 $ 77,312 $ 23,136 $ 1,475 $ 101,923 Actual return on plan assets: Related to assets held at end of year 4,456 2,952 34 7,442 Related to assets sold during the year 4,811 — — 4,811 Purchases 22,867 5,030 115 28,012 Sales (21,649 ) — (54 ) (21,703 ) Impact of foreign currency (6,846 ) (2,922 ) (182 ) (9,950 ) Balance at December 31, 2014 $ 80,951 $ 28,196 $ 1,388 $ 110,535 Actual return on plan assets: Related to assets held at end of year 6,453 2,408 22 8,883 Purchases 9,980 2,911 99 12,990 Sales (8,317 ) — — (8,317 ) Impact of foreign currency (325 ) (10 ) (142 ) (477 ) Balance at December 31, 2015 $ 88,742 $ 33,505 $ 1,367 $ 123,614 There were no transfers between any asset levels during the years ended December 31, 2015 and 2014 . The following benefit payments, which reflect expected future service as appropriate, are expected to be paid: U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Net of Subsidy Total 2016 $ 7,484 $ 40,900 $ 483 $ 48,867 2017 7,842 40,576 441 48,859 2018 8,181 40,616 381 49,178 2019 8,460 40,390 331 49,181 2020 8,782 40,746 263 49,791 2021-2025 47,773 193,094 973 241,840 The Company made voluntary incremental pension contributions of $18 million in 2014 to increase the funded status of its pension plans. The Company does not expect to receive any refunds from its benefit plans during 2016 . In 2016 , the Company expects to make employer pension contributions of approximately $19.4 million to its non-U.S. pension plan and employer contributions of approximately $0.5 million to its U.S. post-retirement medical plan. In early 2016, in order to reduce the size and potential volatility of our U.S. defined benefit pension plan obligation, we offered approximately 700 former employees who have deferred vested pension plan benefits a one-time option to receive a lump sum distribution of their benefits in early May 2016. The vested benefit obligation associated with these former employees is approximately $32 million , equivalent to 21% of the company's benefit obligation for this U.S. plan. Eligible participants have 45 days to make their election. If the percentage of benefits distributed through the lump sum option exceeds 18% of the benefit obligation associated with these former employees, we anticipate recognizing a one-time non-cash settlement charge of approximately $7 million to $13 million in the second quarter of 2016. The lump sum payments will be funded from existing pension plan assets.

Taxes

Taxes	12 Months Ended
	Dec. 31, 2015
TAXES [Abstract]
Income Tax Disclosure	TAXES The sources of the Company’s earnings before taxes were as follows for the years ended December 31 : 2015 2014 2013 United States $ 20,992 $ 33,157 $ 18,119 Non-United States 442,432 411,847 384,590 Earnings before taxes $ 463,424 $ 445,004 $ 402,709 The provisions for taxes consist of: Current Deferred Total Year ended December 31, 2015: United States federal $ 11,071 $ 3,029 $ 14,100 State and local 2,164 617 2,781 Non-United States 90,111 3,612 93,723 Total $ 103,346 $ 7,258 $ 110,604 Year ended December 31, 2014: United States federal $ — $ 5,676 $ 5,676 State and local 1,372 527 1,899 Non-United States 92,358 6,830 99,188 Total $ 93,730 $ 13,033 $ 106,763 Year ended December 31, 2013: United States federal $ — $ 8,249 $ 8,249 State and local 1,459 965 2,424 Non-United States 86,340 (398 ) 85,942 Total $ 87,799 $ 8,816 $ 96,615 The provisions for tax expense for the years ended December 31, 2015 , 2014 , and 2013 differed from the amounts computed by applying the United States federal income tax rate of 35% to the earnings before taxes as a result of the following: 2015 2014 2013 Expected tax $ 162,198 $ 155,751 $ 140,948 United States state and local income taxes, net of federal income tax benefit 2,551 1,899 1,167 Change in valuation allowance (1,098 ) (172 ) 1,178 Non-United States income taxes at other than a 35% rate (54,798 ) (51,360 ) (50,041 ) Other, net 1,751 645 3,363 Total provision for taxes $ 110,604 $ 106,763 $ 96,615 The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below at December 31 : 2015 2014 Deferred tax assets: Inventory $ 28,973 $ 27,164 Accrued and other liabilities 69,956 74,780 Accrued post-retirement benefit and pension costs 59,175 68,709 Net operating loss and tax credit carryforwards 32,818 45,806 Other 9,778 9,044 Total deferred tax assets 200,700 225,503 Less valuation allowance (25,435 ) (36,263 ) Total deferred tax assets less valuation allowance 175,265 189,240 Deferred tax liabilities: Inventory 3,946 3,918 Property, plant, and equipment 57,373 47,547 Rainin intangibles amortization 71,388 65,409 Prepaid post-retirement benefit and pension costs 30,884 36,548 International earnings 14,998 13,506 Other 120 5,102 Total deferred tax liabilities 178,709 172,030 Net deferred tax (liability) asset $ (3,444 ) $ 17,210 A reconciliation of the beginning and end amounts of unrecognized tax benefits is as follows: 2015 2014 Unrecognized tax benefits at beginning of year $ 16,864 $ 18,848 Increases related to current tax positions 2,676 990 Increases related to prior year tax positions 186 1,944 Decreases relating to taxing authority settlements (1,102 ) (1,886 ) Decreases resulting from a lapse of the applicable statute of limitations (2,764 ) (2,106 ) Other, net $ (601 ) $ (926 ) Unrecognized tax benefits at end of year $ 15,259 $ 16,864 Included in the balance of unrecognized tax benefits at December 31, 2015 and 2014 were $12.0 million and $13.6 million , respectively, of tax benefits that if recognized would reduce the Company’s effective tax rate. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of its income tax expense within its consolidated statement of operations. The amount of accrued interest and penalties included within other non-current liabilities within the Company’s consolidated balance sheet as of December 31, 2015 and 2014 was $1.9 million and $1.6 million , respectively. The Company believes that it is reasonably possible that the unrecognized tax benefit balance could change over the next twelve months, primarily related to potential disputes raised by the taxing authorities over income and expense recognition. The Company does not expect a change would have a material impact on its financial position, results of operations, or cash flows. The Company has recorded valuation allowances related to certain of its deferred income tax assets due to the uncertainty of the ultimate realization of future benefits from such assets. The potential decrease or increase of the valuation allowance in the near term is dependent on the future ability of the Company to realize the deferred tax assets that are affected by the future profitability of operations in various worldwide jurisdictions. The $10.8 million decrease in the total valuation allowance during 2015 is primarily attributable to changes in the foreign tax credit carryforward and foreign currency fluctuation. The deferred tax assets and valuation allowance as of December 31, 2015 do not include certain deferred tax assets that arose directly from (or the use of which was postponed by) tax deductions related to equity compensation in excess of compensation expense recorded. Shareholders' equity will be increased by $66.5 million if and when such tax assets are ultimately realized. At December 31, 2015 , the Company has various U.S. state net operating losses and various foreign net operating losses that have various expiration periods. The Company plans to repatriate earnings from China, Switzerland, Germany, the United Kingdom, and certain other countries in future years and believes that there will be no additional cost associated with the repatriation of such foreign earnings other than withholding taxes. All other undistributed earnings are considered to be permanently reinvested. As of December 31, 2015 , we had an immaterial amount of cash and cash equivalents in foreign subsidiaries where undistributed earnings are considered permanently reinvested. Accordingly, we believe the tax impact associated with repatriating our undistributed foreign earnings will not have a material effect on our liquidity. As of December 31, 2015 , the major jurisdictions for which the Company is subject to examinations are Germany for years after 2012 , the United States after 2012 , France after 2011 , Switzerland after 2011 , the United Kingdom after 2013 , and China after 2012 . Additionally, the Company is currently under examination in various taxing jurisdictions in which it conducts business operations. While the Company has not yet received any material assessments from these taxing authorities, the Company believes that adequate amounts of taxes and related interest and penalties have been provided for any adverse adjustments as a result of these examinations and that the ultimate outcome of these examinations will not result in a material impact on the Company’s consolidated results of operations or financial position.

Restructuring Charges

Restructuring Charges	12 Months Ended
	Dec. 31, 2015
Restructuring Charges [Abstract]
Restructuring and Related Activities Disclosure	RESTRUCTURING CHARGES During the past few years, we initiated additional cost reduction measures in response to global economic conditions. For the years ended December 31, 2015 and 2014 , we have incurred $11.1 million and $5.9 million , respectively, of restructuring expenses which primarily comprise employee related costs. Liabilities related to restructuring activities are included in accrued and other liabilities in the consolidated balance sheet. A rollforward of the Company’s accrual for restructuring activities for the years ended December 31, 2015 and 2014 is as follows: Total Balance at December 31, 2013 $ 13,185 Restructuring charges 5,915 Cash payments / utilization (9,657 ) Impact of foreign currency (1,007 ) Balance at December 31, 2014 8,436 Restructuring charges 11,148 Cash payments / utilization (6,568 ) Impact of foreign currency (805 ) Balance at December 31, 2015 $ 12,211

Other Charges (Income), Net

Other Charges (Income), Net	12 Months Ended
	Dec. 31, 2015
OTHER CHARGES (INCOME), NET [Abstract]
Other Charges (Income), Net Disclosure	OTHER CHARGES (INCOME), NET Other charges (income), net consists primarily of (gains) losses from foreign currency transactions and hedging activity, interest income, and other items.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Leases, Operating [Abstract]
Commitments and Contingencies Disclosure	COMMITMENTS AND CONTINGENCIES Operating Leases The Company leases certain of its facilities and equipment under operating leases. The future minimum lease payments under non-cancelable operating leases are as follows at December 31, 2015 : 2016 $ 30,873 2017 22,398 2018 15,276 2019 10,407 2020 8,091 Thereafter 9,504 Total $ 96,549 Rent expense for operating leases amounted to $31.6 million , $34.9 million , and $37.0 million for the years ended December 31, 2015 , 2014 , and 2013 , respectively. Legal The Company is party to various legal proceedings, including certain environmental matters, incidental to the normal course of business. Management does not expect that any of such proceedings will have a material adverse effect on the Company’s financial condition, results of operations, or cash flows.

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure	SEGMENT REPORTING The Company has five reportable segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. U.S. Operations represent certain of the Company’s marketing and producing organizations located in the United States. Western European Operations include the Company’s marketing and producing organizations in Western Europe, excluding operations located in Switzerland. Swiss Operations include marketing and producing organizations located in Switzerland as well as extensive R&D operations that are responsible for the development, production, and marketing of precision instruments, including weighing, analytical, and measurement technologies for use in a variety of laboratory and industrial applications. Chinese Operations represent the Company’s marketing and producing organizations located in China. The Company’s market organizations are geographically focused and are responsible for all aspects of the Company’s sales and service. Operating segments that exist outside these reportable segments are included in Other. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies. The Company evaluates performance based on segment profit for segment reporting (gross profit less research and development and selling, general, and administrative expenses, before amortization, interest expense, restructuring charges, other charges (income), net, and taxes). Inter-segment sales and transfers are priced to reflect consideration of market conditions and the regulations of the countries in which the transferring entities are located. The following tables show the operations of the Company’s reportable segments: For the Year Ended December 31, 2015 Net Sales to External Customers Net Sales to Other Segments Total Net Sales Segment Profit Depreciation Total Assets Purchase of Property, Plant and Equipment Goodwill U.S. Operations $ 825,290 $ 87,488 $ 912,778 $ 147,331 $ 6,153 $ 1,511,618 $ (7,113 ) $ 317,856 Swiss Operations 134,169 454,429 588,598 163,243 6,488 1,137,664 (6,650 ) 21,841 Western European Operations 623,153 127,479 750,632 108,539 4,076 1,018,255 (5,940 ) 92,389 Chinese Operations 376,291 183,604 559,895 153,314 7,086 510,327 (14,770 ) 692 Other (a) 436,544 8,087 444,631 50,454 2,883 270,236 (4,306 ) 13,506 Eliminations and Corporate (b) — (861,087 ) (861,087 ) (90,774 ) 6,401 (2,429,615 ) (43,727 ) — Total $ 2,395,447 $ — $ 2,395,447 $ 532,107 $ 33,087 $ 2,018,485 $ (82,506 ) $ 446,284 For the Year Ended December 31, 2014 Net Sales to External Customers Net Sales to Other Segments Total Net Sales Segment Profit (c) Depreciation Total Assets Purchase of Property, Plant and Equipment Goodwill U.S. Operations $ 759,135 $ 90,463 $ 849,598 $ 123,080 $ 6,068 $ 1,294,037 $ (6,627 ) $ 308,861 Swiss Operations 138,581 461,171 599,752 152,090 6,621 1,018,941 (6,567 ) 21,873 Western European Operations 708,755 124,349 833,104 120,580 4,422 1,061,455 (5,581 ) 99,341 Chinese Operations 415,474 155,690 571,164 160,793 6,746 816,801 (19,793 ) 740 Other (a) 464,038 7,527 471,565 52,461 2,820 261,036 (3,315 ) 13,270 Eliminations and Corporate (b) — (839,200 ) (839,200 ) (102,133 ) 6,940 (2,443,160 ) (47,505 ) — Total $ 2,485,983 $ — $ 2,485,983 $ 506,871 $ 33,617 $ 2,009,110 $ (89,388 ) $ 444,085 For the Year Ended December 31, 2013 Net Sales to External Customers Net Sales to Other Segments Total Net Sales Segment Profit (c) Depreciation Total Assets Purchase of Property, Plant and Equipment Goodwill U.S. Operations $ 718,671 $ 83,182 $ 801,853 $ 126,423 $ 6,223 $ 1,242,501 $ (6,297 ) $ 307,933 Swiss Operations 132,240 435,904 568,144 129,158 6,576 1,090,353 (6,801 ) 24,288 Western European Operations 674,278 112,049 786,327 111,951 4,708 1,059,525 (6,096 ) 108,662 Chinese Operations 407,131 149,084 556,215 152,459 6,527 731,650 (6,200 ) 746 Other (a) 446,652 6,308 452,960 49,673 2,694 257,141 (7,172 ) 14,213 Eliminations and Corporate (b) — (786,527 ) (786,527 ) (96,772 ) 8,037 (2,228,351 ) (49,783 ) — Total $ 2,378,972 $ — $ 2,378,972 $ 472,892 $ 34,765 $ 2,152,819 $ (82,349 ) $ 455,842 (a) Other includes reporting units in Eastern Europe, Latin America, Southeast Asia, and other countries. (b) Eliminations and Corporate includes the elimination of inter-segment transactions as well as certain corporate expenses and intercompany investments, which are not included in the Company’s operating segments. (c) 2014 and 2013 segment profit between the U.S., Swiss, and Chinese Operations has been reclassified to conform to the current period. A reconciliation of earnings before taxes to segment profit follows: 2015 2014 2013 Earnings before taxes $ 463,424 $ 445,004 $ 402,709 Amortization 30,951 29,185 24,539 Interest expense 27,451 24,537 22,711 Restructuring charges 11,148 5,915 19,830 Other charges (income), net (867 ) 2,230 3,103 Segment profit $ 532,107 $ 506,871 $ 472,892 During 2015 , restructuring charges of $11.1 million were recognized, of which $0.6 million , $2.4 million , $2.6 million , $4.7 million , and $0.8 million relate to the Company’s U.S., Swiss, Western European, Chinese, and Other Operations, respectively. Restructuring charges of $5.9 million were recognized in 2014 , of which $2.0 million , $1.3 million , $0.7 million , $1.2 million , and $0.7 million relate to the Company's U.S., Swiss, Western European, Chinese, and Other Operations, respectively. The Company sells precision instruments, including weighing instruments and certain analytical and measurement technologies, and related services to a variety of customers and industries. None of these customers account for more than 1% of net sales. Service revenues are primarily derived from repair and other services including regulatory compliance qualification, calibration, certification, and preventative maintenance. A breakdown of the Company's sales by product category for the years ended December 31 follows: 2015 2014 2013 Laboratory $ 1,154,905 $ 1,161,207 $ 1,100,632 Industrial 1,034,310 1,107,606 1,065,605 Retail 206,232 217,170 212,735 Total net sales $ 2,395,447 $ 2,485,983 $ 2,378,972 In certain circumstances, our operating segments sell directly into other geographies. A breakdown of net sales to external customers by geographic customer destination and property, plant, and equipment, net for the years ended December 31 follows: Net Sales Property, Plant, and Equipment, Net 2015 2014 2013 2015 2014 United States $ 768,815 $ 708,293 $ 665,365 $ 132,255 $ 128,125 Other Americas 157,962 166,150 167,647 4,120 4,110 Total Americas 926,777 874,443 833,012 136,375 132,235 Germany 176,491 204,747 195,521 29,100 32,984 France 110,477 127,363 122,658 5,174 5,802 United Kingdom 71,679 77,271 65,922 15,854 6,112 Switzerland 64,622 71,347 74,574 233,763 235,593 Other Europe 349,178 398,645 377,353 6,158 6,983 Total Europe 772,447 879,373 836,028 290,049 287,474 China 362,950 404,293 396,620 82,528 83,412 Rest of World 333,273 327,874 313,312 8,277 8,341 Total Asia/Rest of World 696,223 732,167 709,932 90,805 91,753 Total $ 2,395,447 $ 2,485,983 $ 2,378,972 $ 517,229 $ 511,462

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]
Quarterly Financial Information Disclosure	QUARTERLY FINANCIAL DATA (UNAUDITED) Quarterly financial data for the years ended December 31, 2015 and 2014 are as follows: First Quarter Second Quarter Third Quarter Fourth Quarter 2015 Net sales $ 535,701 $ 582,057 $ 604,154 $ 673,535 Gross profit 298,805 322,912 339,529 390,747 Net earnings $ 63,051 $ 77,557 $ 88,861 $ 123,351 Basic earnings per common share: Net earnings $ 2.24 $ 2.79 $ 3.23 $ 4.53 Weighted average number of common shares 28,115,220 27,843,905 27,547,734 27,228,026 Diluted earnings per common share: Net earnings $ 2.19 $ 2.73 $ 3.16 $ 4.44 Weighted average number of common and common equivalent shares 28,762,935 28,460,336 28,113,287 27,755,045 Market price per share: High $ 331.84 $ 343.44 $ 346.92 $ 345.75 Low $ 289.09 $ 317.01 $ 277.62 $ 283.27 2014 Net sales $ 550,621 $ 608,834 $ 629,100 $ 697,428 Gross profit 292,641 328,176 343,551 394,382 Net earnings $ 58,051 $ 74,022 $ 84,996 $ 121,172 Basic earnings per common share: Net earnings $ 1.98 $ 2.55 $ 2.96 $ 4.27 Weighted average number of common shares 29,370,232 29,074,695 28,732,152 28,398,579 Diluted earnings per common share: Net earnings $ 1.93 $ 2.49 $ 2.89 $ 4.17 Weighted average number of common and common equivalent shares 30,088,245 29,750,815 29,408,614 29,045,269 Market price per share: High $ 255.85 $ 253.18 $ 272.84 $ 305.89 Low $ 231.19 $ 223.80 $ 249.99 $ 233.85

Schedule II Valuation and Quali

Schedule II Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2015
Valuation and Qualifying Accounts [Abstract]
Schedule of Valuation and Qualifying Accounts Disclosure	Schedule II — Valuation and Qualifying Accounts (in thousands) Column A Column B Column C Column D Column E Additions (1) (2) Balance at the Beginning of Period Charged to Costs and Expenses Charged to Other Accounts Balance at End of Period Description -Deductions- Note (A) Note (B) Accounts receivable — allowance for doubtful accounts: Year ended December 31, 2015 $ 15,961 $ 883 $ (2,302 ) $ 107 $ 14,435 Year ended December 31, 2014 $ 14,856 $ 2,453 $ (784 ) $ 564 $ 15,961 Year ended December 31, 2013 $ 14,120 $ 1,775 $ 115 $ 1,154 $ 14,856 Deferred tax valuation allowance: Year ended December 31, 2015 $ 36,263 $ — $ — $ 10,828 $ 25,435 Year ended December 31, 2014 $ 31,697 $ — $ 5,191 $ 625 $ 36,263 Year ended December 31, 2013 $ 23,177 $ — $ 10,131 $ 1,611 $ 31,697 _______________________________________ Note (A) For accounts receivable, amounts comprise currency translation adjustments. For deferred tax valuation allowance in 2015 , 2014 , and 2013 , amounts relate primarily to changes in foreign tax credit carryforwards and foreign currency differences recorded through other comprehensive income. Note (B) For accounts receivable, amounts represent excess of uncollectible balances written off over recoveries of accounts previously written off. For deferred tax valuation allowance, the decrease in 2015, 2014, and 2013 relates primarily to decreases in foreign tax loss carryforwards.

Summary of Significant Accoun27

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Cash and Cash Equivalents, Policy	Cash and Cash Equivalents Cash and cash equivalents include highly liquid investments with original maturity dates of three months or less. The carrying value of these cash equivalents approximates fair value.
Trade Accounts Receivable, Policy	Trade Accounts Receivable Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts represents the Company’s best estimate of probable credit losses in its existing trade accounts receivable. The Company determines the allowance based upon a review of both specific accounts for collection and the age of the accounts receivable portfolio.
Inventories, Policy	Inventories Inventories are valued at the lower of cost or net realizable value. Cost, which includes direct materials, labor, and overhead, is generally determined using the first in, first out (FIFO) method. The estimated net realizable value is based on assumptions for future demand and related pricing. Adjustments to the cost basis of the Company’s inventory are made for excess and obsolete items based on usage, orders, and technological obsolescence. If actual market conditions are less favorable than those projected by management, reductions in the value of inventory may be required.
Property, Plant and Equipment, Policy	Long-Lived Assets a) Property, Plant, and Equipment Property, plant, and equipment are stated at cost less accumulated depreciation. Repair and maintenance costs are charged to expense as incurred. The Company expenses all internal-use software costs incurred in the preliminary project stage and capitalizes certain direct costs associated with the development and purchase of internal-use software within property, plant, and equipment. Capitalized costs are amortized on a straight-line basis over the estimated useful lives of the software, generally not exceeding 10 years. Depreciation and amortization are charged on a straight-line basis over the estimated useful lives of the assets as follows: Buildings and improvements 15 to 50 years Machinery and equipment 3 to 12 years Computer software 3 to 10 years Leasehold improvements Shorter of useful life or lease term
Goodwill and Intangible Assets, Policy	Goodwill, representing the excess of purchase price over the fair value of net assets from companies acquired, and indefinite-lived intangible assets are not amortized, but are reviewed for impairment annually in the fourth quarter, or more frequently if events or changes in circumstances indicate that an asset might be impaired. The annual evaluation for goodwill and indefinite-lived intangible assets is generally based on an assessment of qualitative and quantitative factors to determine whether it is more likely than not that the fair value of the asset is less than its carrying amount. Other intangible assets include indefinite-lived assets and assets subject to amortization. Where applicable, amortization is charged on a straight-line basis over the expected period of benefit. The straight-line method of amortization reflects an appropriate allocation of the cost of the intangible assets to earnings in proportion to the amount of economic benefits obtained by the Company in each reporting period. The Company assesses the initial acquisition of intangible assets in accordance with the provisions of ASC 805 "Business Combinations" and the continued accounting for previously recognized intangible assets and goodwill in accordance with the provisions of ASC 350 "Intangible - Goodwill and Other" and ASC 360 "Property, Plant, and Equipment."
Accounting for Impairment of Long Lived Assets, Policy	Accounting for Impairment of Long-Lived Assets The Company assesses the need to record impairment losses on long-lived assets with finite lives when events or changes in circumstances indicate that the carrying amount of assets may not be recoverable. An impairment loss would be recognized when future estimated undiscounted cash flows expected to result from use of the asset are less than the asset’s carrying value, with the loss measured as the difference between carrying value and fair value.
Income Tax, Policy	Taxation The Company files tax returns in each jurisdiction in which it operates. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities, their respective tax bases, and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in the respective jurisdictions in which the Company operates. In assessing the ability to realize deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred taxes are not provided on the unremitted earnings of subsidiaries outside of the United States when it is expected that these earnings are permanently reinvested. Such earnings may become taxable upon the sale or liquidation of these subsidiaries or upon the remittance of dividends. Deferred taxes are provided when the Company no longer considers subsidiary earnings to be permanently invested, such as in situations where the Company’s subsidiaries plan to make future dividend distributions. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of income tax expense within its consolidated statement of operations.
Currency Transactions and Translations Policy	Currency Translation and Transactions The reporting currency for the consolidated financial statements of the Company is the U.S. dollar. The functional currency for the Company’s operations is generally the applicable local currency. Accordingly, the assets and liabilities of companies whose functional currency is other than the U.S. dollar are included in the consolidated financial statements by translating the assets and liabilities into the reporting currency at the exchange rates applicable at the end of the reporting period. The statements of operations and cash flows of such non-U.S. dollar functional currency operations are translated at the monthly average exchange rates during the year. Translation gains or losses are accumulated in other comprehensive income (loss) in the consolidated statements of shareholders’ equity. Transaction gains and losses are included as a component of net earnings or in certain circumstances as a component of other comprehensive income (loss) where the underlying item is considered a hedge of a net investment.
Revenue Recognition, Policy	Revenue Recognition Revenue is recognized when title to a product has transferred and any significant customer obligations have been fulfilled. Standard shipping terms are generally FOB shipping point in most countries and, accordingly, title and risk of loss transfers upon shipment. In countries where title cannot legally transfer before delivery, the Company defers revenue recognition until delivery has occurred. The Company generally maintains the right to accept or reject a product return in its terms and conditions and also maintains appropriate accruals for outstanding credits. Shipping and handling costs charged to customers are included in total net sales and the associated expense is recorded in cost of sales for all periods presented. Other than a few small software applications, the Company does not sell software products without the related hardware instrument as the software is embedded in the instrument. The Company’s products typically require no significant production, modification, or customization of the hardware or software that is essential to the functionality of the products. To the extent the Company’s solutions have a significant post-shipment obligation, revenue is deferred until the obligation has been completed. The Company defers product revenue where installation is required, unless such installation is deemed perfunctory. The Company also sometimes enters into certain arrangements that require the separate delivery of multiple goods and/or services. These deliverables are accounted for separately if the deliverables have stand-alone value and the performance of undelivered items is probable and within the Company's control. The allocation of revenue between the separate deliverables is typically based on the relative selling price at the time of the sale in accordance with a number of factors including service technician billing rates, time to install, and geographic location. Further, certain products are also sold through indirect distribution channels whereby the distributor assumes any further obligations to the customer upon title transfer. Revenue is recognized on these products upon transfer of title and risk of loss to its distributors. Distributor discounts are offset against revenue at the time such revenue is recognized. Service revenue not under contract is recognized upon the completion of the service performed. Spare parts sold on a stand-alone basis are recognized upon title and risk of loss transfer which is generally at the time of shipment. Revenues from service contracts are recognized ratably over the contract period. These contracts represent an obligation to perform repair and other services including regulatory compliance qualification, calibration, certification, and preventative maintenance on a customer’s pre-defined equipment over the contract period. Service contracts are separately priced and payment is typically received from the customer at the beginning of the contract period.
Research and Development Expense, Policy	Research and Development Research and development costs primarily consist of salaries, consulting, and other costs. The Company expenses these costs as incurred.
Warranty, Policy	Warranty The Company generally offers one -year warranties on most of its products. Estimated product warranties are recorded at the time revenue is recognized. While the Company engages in extensive product quality programs and processes, its warranty obligation is affected by product failure rates, material usage, and service costs incurred in correcting a product failure.
Employee Termination Benefits, Policy	Employee Termination Benefits In situations where contractual termination benefits exist, the Company records accruals for employee termination benefits when it is probable that a liability has been incurred and the amount of the liability is reasonably estimable. All other employee termination arrangements are recognized and measured at their fair value at the communication date unless the employee is required to render additional service beyond the legal notification period, in which case the liability is recognized ratably over the future service period.
Earnings per Common Share, Policy	Earnings per Common Share In accordance with the treasury stock method, the Company has included 588,697 , 680,537 , and 782,528 common equivalent shares in the calculation of diluted weighted average number of common shares for the years ended December 31, 2015 , 2014 , and 2013 , respectively, relating to outstanding stock options and restricted stock units. Outstanding options and restricted stock units to purchase or receive 112,562 , 127,995 , and 23,951 shares of common stock for the years ended December 31, 2015 , 2014 , and 2013 , respectively, have been excluded from the calculation of diluted weighted average number of common and common equivalent shares as such options and restricted stock units would be anti-dilutive.
Equity Based Compensation, Policy	Equity-Based Compensation The Company applies the fair value methodology in accounting for its equity-based compensation plan.
Derivatives Financial Instruments, Policy	Derivative Financial Instruments The Company has limited involvement with derivative financial instruments and does not use them for trading purposes. As described more fully in Note 5, the Company enters into foreign currency forward exchange contracts to economically hedge certain short-term intercompany balances involving its international businesses. Such contracts limit the Company’s exposure to currency fluctuations on the items they hedge. These contracts are adjusted to fair market value as of each balance sheet date, with the resulting changes in fair value being recognized in other charges (income), consistent with the underlying hedged item. The Company also enters into foreign currency forward contracts, designated as cash flow hedges, to hedge certain forecasted intercompany sales. Such contracts limit the Company’s exposure to currency fluctuations on the items they hedge. Changes in fair value of outstanding foreign currency forward contract agreements that are effective as cash flow hedges are recognized in other comprehensive income as incurred. The Company also enters into interest rate swap agreements in order to manage its exposure to changes in interest rates. The differential paid or received on interest rate swap agreements is recognized in interest expense over the life of the agreements as incurred. Floating to fixed interest rate swap agreements are accounted for as cash flow hedges. Changes in fair value of outstanding interest rate swap agreements that are effective as cash flow hedges are recognized in other comprehensive income as incurred.
Fair Value Measurements, Policy	Fair Value Measurements The Company measures or monitors certain assets and liabilities on a fair value basis. Fair value is used on a recurring basis for assets and liabilities in which fair value is the primary basis of accounting, mainly derivative instruments. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the asset or liability. The Company applies the fair value hierarchy established under U.S. GAAP and when possible looks to active and observable markets to price identical assets and liabilities. If identical assets and liabilities are not traded in active markets, the Company looks to market observable data for similar assets and liabilities.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In November 2015, the FASB issued an ASU 2015-17, to ASC 740 "Income Taxes". The guidance simplifies the balance sheet classification of deferred taxes. The new guidance requires that all deferred tax balances be presented as non-current. This change, which can be early adopted, conforms U.S. GAAP to IFRS. The guidance becomes effective for the Company for the year beginning January 1, 2017. The adoption of this guidance would have reduced current and increased non-current assets by $67.5 million and reduced current and increased non-current liabilities by $22.4 million on the Company's consolidated balance sheet at December 31, 2015. In May 2015, the FASB issued ASU 2015-07, to ASC 820 "Fair Value Measurements." ASU 2015-07 removes the requirement to categorize investments using the net asset value per share method within the fair value hierarchy. This change, which can be early adopted, becomes effective for the Company for the year beginning January 1, 2016. We are currently evaluating the impact this guidance will have on the Company's pension assets fair value hierarchy table in Note 12 of the financial statements. In April 2015, the FASB issued ASU 2015-03, to ASC 835-30 "Interest - Imputation of Interest." ASU 2015-03 will require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this update. In August 2015, the FASB issued ASU 2015-15 and update to ASU 2015-03, which addresses the accounting for debt issuance costs related to line-of-credit arrangements as an asset and subsequently amortized over the term of the arrangements. The guidance becomes effective for financial statements issued for fiscal years beginning January 1, 2016, with early adoption permitted. We do not believe the adoption of this guidance will have a material impact on our consolidated financial position of the Company. In July 2014, the Company adopted ASU 2013-11 "Income Taxes." The amendment provided further guidance to the balance sheet presentation of unrecognized tax benefits when an net operating loss or similar tax loss carryforward or a tax credit carryforward exists. The adoption of this guidance did not have a material impact on the Company's consolidated results of operations or financial position. In May 2014, the FASB issued ASU 2014-09, to ASC 606 "Revenue from Contracts with Customers." ASU 2014-09 provides authoritative guidance clarifying the principles for recognizing revenue and developing a common revenue standard for U.S. GAAP. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. Additionally, the guidance requires improved disclosure to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue that is recognized. The guidance becomes effective for the Company for the year beginning January 1, 2018. We are currently evaluating the impact the adoption of this guidance will have on the Company's consolidated results of operations, financial position, and disclosures.

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Property, Plant and Equipment Useful Life	Buildings and improvements 15 to 50 years Machinery and equipment 3 to 12 years Computer software 3 to 10 years Leasehold improvements Shorter of useful life or lease term

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2015
INVENTORIES [Abstract]
Schedule of Inventory, Current [Table Text Block]	2015 2014 Raw materials and parts $ 98,252 $ 97,969 Work-in-progress 35,100 34,973 Finished goods 81,031 71,589 Total Inventory $ 214,383 $ 204,531

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Measurements [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	December 31, 2015 December 31, 2014 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Cash equivalents $ 18,755 $ — $ 18,755 $ — $ 14,188 $ — $ 14,188 $ — Foreign currency forward contracts designated as cash flow hedges 7,056 — 7,056 — 567 — 567 — Foreign currency forward contracts not designated as hedging instrument 1,166 — 1,166 — 1,611 — 1,611 — Total $ 26,977 $ — $ 26,977 $ — $ 16,366 $ — $ 16,366 $ — Liabilities: Interest rate swap agreements $ 4,092 $ — $ 4,092 $ — $ 3,768 $ — $ 3,768 $ — Foreign currency forward contracts not designated as hedging instrument 625 — 625 — 1,799 — 1,799 — Total $ 4,717 $ — $ 4,717 $ — $ 5,567 $ — $ 5,567 $ —

Property, Plant and Equipment31

Property, Plant and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment, Net [Abstract]
Property, Plant and Equipment [Table Text Block]	2015 2014 Land $ 47,358 $ 51,123 Building and leasehold improvements 211,490 210,008 Machinery and equipment 341,820 345,888 Computer software 353,556 327,753 Property, plant, and equipment, gross 954,224 934,772 Less accumulated depreciation and amortization (436,995 ) (423,310 ) Property, plant, and equipment, net $ 517,229 $ 511,462

Goodwill and Other Intangible32

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill [Table Text Block]	2015 2014 Balance at beginning of year $ 444,085 $ 455,842 Goodwill acquired 9,773 1,282 Foreign currency translation (7,574 ) (13,039 ) Balance at year end $ 446,284 $ 444,085
Schedule Of Finite Lived And Indefinite Lived Intangible Assets By Major Class [Table Text Block]	2015 2014 Gross Amount Accumulated Amortization Intangibles, Net Gross Amount Accumulated Amortization Intangibles, Net Customer relationships $ 98,175 $ (30,836 ) $ 67,339 $ 98,325 $ (28,159 ) $ 70,166 Proven technology and patents 52,938 (32,444 ) 20,494 45,588 (30,761 ) 14,827 Tradenames (finite life) 4,200 (2,158 ) 2,042 4,140 (1,786 ) 2,354 Tradenames (indefinite life) 24,814 — 24,814 24,947 — 24,947 Other 2,111 (1,548 ) 563 1,573 (1,083 ) 490 $ 182,238 $ (66,986 ) $ 115,252 $ 174,573 $ (61,789 ) $ 112,784

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2015
Debt [Abstract]
Schedule of Debt	2015 2014 $100 million Senior Notes, interest at 6.30%, due June 25, 2015 — 100,000 $50 million Senior Notes, interest at 3.67%, due December 17, 2022 50,000 50,000 $50 million Senior Notes, interest 4.10%, due September 19, 2023 50,000 50,000 $125 million Senior Notes, interest 3.84%, due September 19, 2024 125,000 125,000 $125 million Senior Notes, interest 4.24% due June 25, 2025 125,000 — Euro 125 million Senior Notes, interest 1.47% due June 17, 2030 136,575 — $800 million Credit Agreement, interest at LIBOR plus 87.5 basis points 90,409 110,790 Other local arrangements 14,488 16,164 Total debt 591,472 451,954 Less: current portion (14,488 ) (116,164 ) Long-term debt $ 576,984 $ 335,790

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
Rollforward Of Accumulated Other Comprehensive Income [Table Text Block]	Currency Translation Adjustment, Net of Tax Net Unrealized Pension and Post-Retirement Benefit Related Items, Total Balance at December 31, 2013 $ 77,915 $ (2,433 ) $ (110,518 ) $ (35,036 ) Other comprehensive income (loss), net of tax: Net unrealized actuarial gains (loss), prior service costs, and plan amendments — — (105,230 ) (105,230 ) Net unrealized gains (loss) on cash flow hedging arrangements — (713 ) — (713 ) Foreign currency translation adjustment (82,875 ) (55 ) 8,089 (74,841 ) Amounts recognized from accumulated other comprehensive income (loss), net of tax — 1,257 1,614 2,871 Net change in other comprehensive income (loss), net of tax (82,875 ) 489 (95,527 ) (177,913 ) Balance at December 31, 2014 $ (4,960 ) $ (1,944 ) $ (206,045 ) $ (212,949 ) Other comprehensive income (loss), net of tax: Net unrealized actuarial gains (loss), prior service costs and plan amendments — — (21,570 ) (21,570 ) Net unrealized gains (loss) on cash flow hedging arrangements — 14,026 — 14,026 Foreign currency translation adjustment (52,434 ) (805 ) 5,835 (47,404 ) Amounts recognized from accumulated other comprehensive income (loss), net of tax — (8,261 ) 9,509 1,248 Net change in other comprehensive income (loss), net of tax (52,434 ) 4,960 (6,226 ) (53,700 ) Balance at December 31, 2015 $ (57,394 ) $ 3,016 $ (212,271 ) $ (266,649 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	2015 2014 Location of Amounts Recognized in Earnings Effective portion of losses (gains) on cash flow hedging arrangements: Interest rate swap agreements $ 2,764 $ 3,119 Interest expense Foreign currency forward contracts (12,529 ) (831 ) Cost of sales - products Total before taxes (9,765 ) 2,288 Provision for taxes (1,504 ) 1,031 Provision for taxes Total, net of taxes $ (8,261 ) $ 1,257 Recognition of defined benefit pension and post-retirement items: Recognition of actuarial losses, plan amendments, and prior service cost, before taxes $ 13,018 $ 2,877 (a) Provision for taxes 3,509 1,263 Provision for taxes Total, net of taxes $ 9,509 $ 1,614

Equity Incentive Plan (Tables)

Equity Incentive Plan (Tables)	12 Months Ended
	Dec. 31, 2015
EQUITY INCENTIVE PLAN [Abstract]
Schedule of Stock Options, Activity	Number of Options Weighted Average Exercise Price Aggregate Intrinsic Value (in millions) Outstanding at December 31, 2014 1,646,483 $133.80 $277.7 Granted 108,694 312.36 Exercised (372,355 ) 79.37 Forfeited (8,117 ) 208.17 Outstanding at December 31, 2015 1,374,705 $162.29 $243.1 Options exercisable at December 31, 2015 1,000,773 $130.15 $209.1
Schedule Shares Outstanding under Stock Option Plans, by Exercise Price Range	Number of Options Outstanding Weighted Average Exercise Price Remaining Contractual Life of Options Outstanding Options Exercisable 294,206 $ 84.18 3.4 294,206 202,950 $ 109.00 1.9 202,950 340,650 $ 141.50 5.3 309,259 173,273 $ 169.37 6.8 109,023 363,626 $ 271.34 8.8 85,335 1,374,705 5.5 1,000,773
Schedule of Stock Options, Valuation Assumptions	2015 2014 2013 Risk-free interest rate 1.65 % 1.66 % 1.31 % Expected life in years 5.7 5.6 5.0 Expected volatility 28 % 28 % 28 % Expected dividend yield — — —
Schedule Restricted Stock Units, Activity	Number of Restricted Stock Units Aggregate Intrinsic Value (in millions) Outstanding at December 31, 2014 96,097 $ 29.1 Granted 25,970 Vested (31,553 ) Forfeited (8,440 ) Outstanding at December 31, 2015 82,074 $ 27.8

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2015
BENEFIT PLANS [Abstract]
Schedule of Defined Benefit Plans Disclosures	U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Total 2015 2014 2015 2014 2015 2014 2015 2014 Change in benefit obligation: Benefit obligation at beginning of year $ 164,367 $ 138,147 $ 863,639 $ 814,200 $ 3,754 $ 5,295 $ 1,031,760 $ 957,642 Service cost, gross 837 893 31,514 28,579 — 170 32,351 29,642 Interest cost 6,431 6,396 14,071 21,445 139 240 20,641 28,081 Actuarial losses (gains) (10,145 ) 25,848 (4,959 ) 117,902 113 477 (14,991 ) 144,227 Plan amendments and other — — (12,391 ) (453 ) 163 (1,951 ) (12,228 ) (2,404 ) Benefits paid (7,075 ) (6,917 ) (49,010 ) (35,279 ) (897 ) (477 ) (56,982 ) (42,673 ) Impact of foreign currency — — (24,595 ) (82,755 ) — — (24,595 ) (82,755 ) Benefit obligation at end of year $ 154,415 $ 164,367 $ 818,269 $ 863,639 $ 3,272 $ 3,754 $ 975,956 $ 1,031,760 Change in plan assets: Fair value of plan assets at beginning of year $ 132,030 $ 117,903 $ 751,193 $ 786,532 $ — $ — $ 883,223 $ 904,435 Actual return on plan assets (5,907 ) 2,974 (2,925 ) 40,893 — — (8,832 ) 43,867 Employer contributions 70 18,070 22,812 25,448 734 343 23,616 43,861 Plan participants’ contributions — — 12,850 13,409 163 134 13,013 13,543 Benefits paid (7,075 ) (6,917 ) (49,010 ) (35,279 ) (897 ) (477 ) (56,982 ) (42,673 ) Impact of foreign currency and other — — (9,323 ) (79,810 ) — — (9,323 ) (79,810 ) Fair value of plan assets at end of year $ 119,118 $ 132,030 $ 725,597 $ 751,193 $ — $ — $ 844,715 $ 883,223 Funded status $ (35,297 ) $ (32,337 ) $ (92,672 ) $ (112,446 ) $ (3,272 ) $ (3,754 ) $ (131,241 ) $ (148,537 )
Schedule of Amounts Recognized in Balance Sheet	U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Total 2015 2014 2015 2014 2015 2014 2015 2014 Other non-current assets $ — $ — $ 32,786 $ 38,922 $ — $ — $ 32,786 $ 38,922 Accrued and other liabilities (92 ) (69 ) (4,508 ) (4,676 ) (483 ) (579 ) (5,083 ) (5,324 ) Pension and other post-retirement liabilities (35,205 ) (32,268 ) (120,950 ) (146,692 ) (2,789 ) (3,175 ) (158,944 ) (182,135 ) Accumulated other comprehensive loss (income) 83,347 85,636 216,224 213,702 (9,943 ) (15,303 ) 289,628 284,035 Total $ 48,050 $ 53,299 $ 123,552 $ 101,256 $ (13,215 ) $ (19,057 ) $ 158,387 $ 135,498
Schedule of Net Periodic Benefit Cost Not yet Recognized	U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Total Total, After Tax Plan amendments and prior service cost $ — $ (27,114 ) $ (3,028 ) $ (30,142 ) $ (23,079 ) Actuarial losses (gains) 83,347 243,338 (6,915 ) 319,770 235,350 Total $ 83,347 $ 216,224 $ (9,943 ) $ 289,628 $ 212,271
Schedule of Changes in Accumulated Postemployment Benefit Obligations	U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Total Total, After Tax Net actuarial losses (gains) $ 5,337 $ 33,507 $ 113 $ 38,957 $ 30,759 Plan amendments and prior service cost, net — (12,058 ) — (12,058 ) (9,189 ) Amortization of: Actuarial (losses) gains (7,626 ) (15,084 ) 1,877 (20,833 ) (15,134 ) Plan amendments and prior service cost — 4,445 3,370 7,815 5,625 Impact of foreign currency — (8,288 ) — (8,288 ) (5,835 ) Total $ (2,289 ) $ 2,522 $ 5,360 $ 5,593 $ 6,226
Schedule of Assumptions Used in Computing Benefit Obligation	U.S. Non-U.S. 2015 2014 2013 2015 2014 2013 Discount rate 4.27 % 4.00 % 4.75 % 1.31 % 1.65 % 2.73 % Compensation increase rate n/a n/a n/a 1.03 % 1.61 % 1.61 % Expected long-term rate of return on plan assets 7.25 % 7.50 % 7.50 % 4.58 % 4.82 % 4.87 %
Schedule of Assumptions Used in Computing Pension Cost	U.S. Non-U.S. 2015 2014 2013 2015 2014 2013 Discount rate 4.00 % 4.75 % 3.75 % 1.65 % 2.73 % 2.50 % Compensation increase rate n/a n/a n/a 1.61 % 1.61 % 1.60 % Expected long-term rate of return on plan assets 7.50 % 7.50 % 7.75 % 4.82 % 4.87 % 4.89 %
Schedule of Net Benefit Costs [Table Text Block]	Net periodic pension cost and net periodic post-retirement benefit for the defined benefit plans and U.S. post-retirement plan includes the following components for the years ended December 31 : U.S. Non-U.S. Other Benefits Total 2015 2014 2013 2015 2014 2013 2015 2014 2013 2015 2014 2013 Service cost, net $ 837 $ 893 $ 494 $ 18,664 $ 15,189 $ 17,386 $ — $ 170 $ 216 $ 19,501 $ 16,252 $ 18,096 Interest cost on projected benefit obligations 6,431 6,396 5,755 14,071 21,445 19,566 139 240 405 20,641 28,081 25,726 Expected return on plan assets (9,575 ) (8,549 ) (7,154 ) (36,832 ) (37,361 ) (35,048 ) — — — (46,407 ) (45,910 ) (42,202 ) Recognition of actuarial losses/(gains) and prior service costs 7,626 4,800 7,782 10,639 292 3,545 (5,247 ) (2,215 ) (901 ) 13,018 2,877 10,426 Net periodic pension cost / (benefit) $ 5,319 $ 3,540 $ 6,877 $ 6,542 $ (435 ) $ 5,449 $ (5,108 ) $ (1,805 ) $ (280 ) $ 6,753 $ 1,300 $ 12,046
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year	U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Total Plan amendments and prior service costs $ — $ (3,889 ) $ (1,877 ) $ (5,766 ) Actuarial losses (gains) 7,561 17,935 (2,692 ) 22,804 Total $ 7,561 $ 14,046 $ (4,569 ) $ 17,038
Schedule of Allocation of Plan Assets	December 31, 2015 December 31, 2014 Quoted Prices in Active Markets for Identical Assets (Level 1) Observable Inputs for Identical Assets (Level 2) Unobservable Inputs (Level 3) Total Quoted Prices in Active Markets for Identical Assets (Level 1) Observable Inputs for Identical Assets (Level 2) Unobservable Inputs (Level 3) Total Asset Category: Cash and Cash Equivalents $ 86,135 $ — $ — $ 86,135 $ 140,959 $ — $ — $ 140,959 Equity Securities: Mettler-Toledo Stock 3,229 — — 3,229 3,638 — — 3,638 Equity Mutual Funds: U.S. (1) 6,320 27,614 — 33,934 7,377 30,268 — 37,645 International (2) 41,982 50,748 — 92,730 39,515 52,476 — 91,991 Emerging Markets (3) 95,065 6,117 — 101,182 72,360 6,679 — 79,039 Fixed Income Securities: Corporate/Government 91,533 — — 91,533 124,709 — — 124,709 Bonds (4) Fixed Income Mutual Funds: Insurance Contracts (5) — 20,351 1,367 21,718 — 23,288 1,388 24,676 Core Bond (6) 138,073 37,099 — 175,172 120,840 38,757 — 159,597 Real Asset Mutual Funds: Real Estate (7) 65,597 — — 65,597 61,849 — — 61,849 Commodities (8) 21,092 3,880 33,505 58,477 20,920 3,118 28,196 52,234 Other Types of Investments: Global Allocation Funds (9) 12,661 13,605 — 26,266 13,790 12,145 — 25,935 Multi-Strategy Fund of — — 88,742 88,742 — — 80,951 80,951 Hedge Funds (10) $ 561,687 $ 159,414 $ 123,614 $ 844,715 $ 605,957 $ 166,731 $ 110,535 $ 883,223
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	Multi- Strategy Fund of Hedge Funds Commodities Insurance Contract Total Balance at December 31, 2013 $ 77,312 $ 23,136 $ 1,475 $ 101,923 Actual return on plan assets: Related to assets held at end of year 4,456 2,952 34 7,442 Related to assets sold during the year 4,811 — — 4,811 Purchases 22,867 5,030 115 28,012 Sales (21,649 ) — (54 ) (21,703 ) Impact of foreign currency (6,846 ) (2,922 ) (182 ) (9,950 ) Balance at December 31, 2014 $ 80,951 $ 28,196 $ 1,388 $ 110,535 Actual return on plan assets: Related to assets held at end of year 6,453 2,408 22 8,883 Purchases 9,980 2,911 99 12,990 Sales (8,317 ) — — (8,317 ) Impact of foreign currency (325 ) (10 ) (142 ) (477 ) Balance at December 31, 2015 $ 88,742 $ 33,505 $ 1,367 $ 123,614
Schedule of Expected Benefit Payments	U.S. Pension Benefits Non-U.S. Pension Benefits Other Benefits Net of Subsidy Total 2016 $ 7,484 $ 40,900 $ 483 $ 48,867 2017 7,842 40,576 441 48,859 2018 8,181 40,616 381 49,178 2019 8,460 40,390 331 49,181 2020 8,782 40,746 263 49,791 2021-2025 47,773 193,094 973 241,840

Taxes (Tables)

Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
TAXES [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	2015 2014 2013 United States $ 20,992 $ 33,157 $ 18,119 Non-United States 442,432 411,847 384,590 Earnings before taxes $ 463,424 $ 445,004 $ 402,709
Schedule of Components of Income Tax Expense (Benefit)	Current Deferred Total Year ended December 31, 2015: United States federal $ 11,071 $ 3,029 $ 14,100 State and local 2,164 617 2,781 Non-United States 90,111 3,612 93,723 Total $ 103,346 $ 7,258 $ 110,604 Year ended December 31, 2014: United States federal $ — $ 5,676 $ 5,676 State and local 1,372 527 1,899 Non-United States 92,358 6,830 99,188 Total $ 93,730 $ 13,033 $ 106,763 Year ended December 31, 2013: United States federal $ — $ 8,249 $ 8,249 State and local 1,459 965 2,424 Non-United States 86,340 (398 ) 85,942 Total $ 87,799 $ 8,816 $ 96,615
Schedule of Effective Income Tax Rate Reconciliation	2015 2014 2013 Expected tax $ 162,198 $ 155,751 $ 140,948 United States state and local income taxes, net of federal income tax benefit 2,551 1,899 1,167 Change in valuation allowance (1,098 ) (172 ) 1,178 Non-United States income taxes at other than a 35% rate (54,798 ) (51,360 ) (50,041 ) Other, net 1,751 645 3,363 Total provision for taxes $ 110,604 $ 106,763 $ 96,615
Schedule of Deferred Tax Assets and Liabilities	2015 2014 Deferred tax assets: Inventory $ 28,973 $ 27,164 Accrued and other liabilities 69,956 74,780 Accrued post-retirement benefit and pension costs 59,175 68,709 Net operating loss and tax credit carryforwards 32,818 45,806 Other 9,778 9,044 Total deferred tax assets 200,700 225,503 Less valuation allowance (25,435 ) (36,263 ) Total deferred tax assets less valuation allowance 175,265 189,240 Deferred tax liabilities: Inventory 3,946 3,918 Property, plant, and equipment 57,373 47,547 Rainin intangibles amortization 71,388 65,409 Prepaid post-retirement benefit and pension costs 30,884 36,548 International earnings 14,998 13,506 Other 120 5,102 Total deferred tax liabilities 178,709 172,030 Net deferred tax (liability) asset $ (3,444 ) $ 17,210
Summary of Income Tax Contingencies	2015 2014 Unrecognized tax benefits at beginning of year $ 16,864 $ 18,848 Increases related to current tax positions 2,676 990 Increases related to prior year tax positions 186 1,944 Decreases relating to taxing authority settlements (1,102 ) (1,886 ) Decreases resulting from a lapse of the applicable statute of limitations (2,764 ) (2,106 ) Other, net $ (601 ) $ (926 ) Unrecognized tax benefits at end of year $ 15,259 $ 16,864

Restructuring Charges (Tables)

Restructuring Charges (Tables)	12 Months Ended
	Dec. 31, 2015
Restructuring Charges [Abstract]
Schedule of Restructuring Reserve by Type of Cost	Total Balance at December 31, 2013 $ 13,185 Restructuring charges 5,915 Cash payments / utilization (9,657 ) Impact of foreign currency (1,007 ) Balance at December 31, 2014 8,436 Restructuring charges 11,148 Cash payments / utilization (6,568 ) Impact of foreign currency (805 ) Balance at December 31, 2015 $ 12,211

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Leases, Operating [Abstract]
Operating Leases of Lessee Disclosure [Table Text Block]	2016 $ 30,873 2017 22,398 2018 15,276 2019 10,407 2020 8,091 Thereafter 9,504 Total $ 96,549

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Schedule of Net Sales, Segment Profit, Depreciation, Total Assets, and Purchases of PPE, and Goodwil by Segment [Table Text Block]	For the Year Ended December 31, 2015 Net Sales to External Customers Net Sales to Other Segments Total Net Sales Segment Profit Depreciation Total Assets Purchase of Property, Plant and Equipment Goodwill U.S. Operations $ 825,290 $ 87,488 $ 912,778 $ 147,331 $ 6,153 $ 1,511,618 $ (7,113 ) $ 317,856 Swiss Operations 134,169 454,429 588,598 163,243 6,488 1,137,664 (6,650 ) 21,841 Western European Operations 623,153 127,479 750,632 108,539 4,076 1,018,255 (5,940 ) 92,389 Chinese Operations 376,291 183,604 559,895 153,314 7,086 510,327 (14,770 ) 692 Other (a) 436,544 8,087 444,631 50,454 2,883 270,236 (4,306 ) 13,506 Eliminations and Corporate (b) — (861,087 ) (861,087 ) (90,774 ) 6,401 (2,429,615 ) (43,727 ) — Total $ 2,395,447 $ — $ 2,395,447 $ 532,107 $ 33,087 $ 2,018,485 $ (82,506 ) $ 446,284 For the Year Ended December 31, 2014 Net Sales to External Customers Net Sales to Other Segments Total Net Sales Segment Profit (c) Depreciation Total Assets Purchase of Property, Plant and Equipment Goodwill U.S. Operations $ 759,135 $ 90,463 $ 849,598 $ 123,080 $ 6,068 $ 1,294,037 $ (6,627 ) $ 308,861 Swiss Operations 138,581 461,171 599,752 152,090 6,621 1,018,941 (6,567 ) 21,873 Western European Operations 708,755 124,349 833,104 120,580 4,422 1,061,455 (5,581 ) 99,341 Chinese Operations 415,474 155,690 571,164 160,793 6,746 816,801 (19,793 ) 740 Other (a) 464,038 7,527 471,565 52,461 2,820 261,036 (3,315 ) 13,270 Eliminations and Corporate (b) — (839,200 ) (839,200 ) (102,133 ) 6,940 (2,443,160 ) (47,505 ) — Total $ 2,485,983 $ — $ 2,485,983 $ 506,871 $ 33,617 $ 2,009,110 $ (89,388 ) $ 444,085 For the Year Ended December 31, 2013 Net Sales to External Customers Net Sales to Other Segments Total Net Sales Segment Profit (c) Depreciation Total Assets Purchase of Property, Plant and Equipment Goodwill U.S. Operations $ 718,671 $ 83,182 $ 801,853 $ 126,423 $ 6,223 $ 1,242,501 $ (6,297 ) $ 307,933 Swiss Operations 132,240 435,904 568,144 129,158 6,576 1,090,353 (6,801 ) 24,288 Western European Operations 674,278 112,049 786,327 111,951 4,708 1,059,525 (6,096 ) 108,662 Chinese Operations 407,131 149,084 556,215 152,459 6,527 731,650 (6,200 ) 746 Other (a) 446,652 6,308 452,960 49,673 2,694 257,141 (7,172 ) 14,213 Eliminations and Corporate (b) — (786,527 ) (786,527 ) (96,772 ) 8,037 (2,228,351 ) (49,783 ) — Total $ 2,378,972 $ — $ 2,378,972 $ 472,892 $ 34,765 $ 2,152,819 $ (82,349 ) $ 455,842 (a) Other includes reporting units in Eastern Europe, Latin America, Southeast Asia, and other countries. (b) Eliminations and Corporate includes the elimination of inter-segment transactions as well as certain corporate expenses and intercompany investments, which are not included in the Company’s operating segments.
Reconciliation Of Operating Profit Loss From Segments To Consolidated Earnings Before Taxes [Table Text Block]	2015 2014 2013 Earnings before taxes $ 463,424 $ 445,004 $ 402,709 Amortization 30,951 29,185 24,539 Interest expense 27,451 24,537 22,711 Restructuring charges 11,148 5,915 19,830 Other charges (income), net (867 ) 2,230 3,103 Segment profit $ 532,107 $ 506,871 $ 472,892
Revenue from External Customers by Products and Services [Table Text Block]	2015 2014 2013 Laboratory $ 1,154,905 $ 1,161,207 $ 1,100,632 Industrial 1,034,310 1,107,606 1,065,605 Retail 206,232 217,170 212,735 Total net sales $ 2,395,447 $ 2,485,983 $ 2,378,972
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	In certain circumstances, our operating segments sell directly into other geographies. A breakdown of net sales to external customers by geographic customer destination and property, plant, and equipment, net for the years ended December 31 follows: Net Sales Property, Plant, and Equipment, Net 2015 2014 2013 2015 2014 United States $ 768,815 $ 708,293 $ 665,365 $ 132,255 $ 128,125 Other Americas 157,962 166,150 167,647 4,120 4,110 Total Americas 926,777 874,443 833,012 136,375 132,235 Germany 176,491 204,747 195,521 29,100 32,984 France 110,477 127,363 122,658 5,174 5,802 United Kingdom 71,679 77,271 65,922 15,854 6,112 Switzerland 64,622 71,347 74,574 233,763 235,593 Other Europe 349,178 398,645 377,353 6,158 6,983 Total Europe 772,447 879,373 836,028 290,049 287,474 China 362,950 404,293 396,620 82,528 83,412 Rest of World 333,273 327,874 313,312 8,277 8,341 Total Asia/Rest of World 696,223 732,167 709,932 90,805 91,753 Total $ 2,395,447 $ 2,485,983 $ 2,378,972 $ 517,229 $ 511,462

Quarterly Financial Data (Una41

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]
Schedule of Quarterly Financial Information [Table Text Block]	First Quarter Second Quarter Third Quarter Fourth Quarter 2015 Net sales $ 535,701 $ 582,057 $ 604,154 $ 673,535 Gross profit 298,805 322,912 339,529 390,747 Net earnings $ 63,051 $ 77,557 $ 88,861 $ 123,351 Basic earnings per common share: Net earnings $ 2.24 $ 2.79 $ 3.23 $ 4.53 Weighted average number of common shares 28,115,220 27,843,905 27,547,734 27,228,026 Diluted earnings per common share: Net earnings $ 2.19 $ 2.73 $ 3.16 $ 4.44 Weighted average number of common and common equivalent shares 28,762,935 28,460,336 28,113,287 27,755,045 Market price per share: High $ 331.84 $ 343.44 $ 346.92 $ 345.75 Low $ 289.09 $ 317.01 $ 277.62 $ 283.27 2014 Net sales $ 550,621 $ 608,834 $ 629,100 $ 697,428 Gross profit 292,641 328,176 343,551 394,382 Net earnings $ 58,051 $ 74,022 $ 84,996 $ 121,172 Basic earnings per common share: Net earnings $ 1.98 $ 2.55 $ 2.96 $ 4.27 Weighted average number of common shares 29,370,232 29,074,695 28,732,152 28,398,579 Diluted earnings per common share: Net earnings $ 1.93 $ 2.49 $ 2.89 $ 4.17 Weighted average number of common and common equivalent shares 30,088,245 29,750,815 29,408,614 29,045,269 Market price per share: High $ 255.85 $ 253.18 $ 272.84 $ 305.89 Low $ 231.19 $ 223.80 $ 249.99 $ 233.85

Schedule II Valuation and Qua42

Schedule II Valuation and Qualifying Accounts Schedule II Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Dec. 31, 2015
Valuation and Qualifying Accounts [Abstract]
Schedule of Valuation and Qualifying Accounts [Table Text Block]	Column A Column B Column C Column D Column E Additions (1) (2) Balance at the Beginning of Period Charged to Costs and Expenses Charged to Other Accounts Balance at End of Period Description -Deductions- Note (A) Note (B) Accounts receivable — allowance for doubtful accounts: Year ended December 31, 2015 $ 15,961 $ 883 $ (2,302 ) $ 107 $ 14,435 Year ended December 31, 2014 $ 14,856 $ 2,453 $ (784 ) $ 564 $ 15,961 Year ended December 31, 2013 $ 14,120 $ 1,775 $ 115 $ 1,154 $ 14,856 Deferred tax valuation allowance: Year ended December 31, 2015 $ 36,263 $ — $ — $ 10,828 $ 25,435 Year ended December 31, 2014 $ 31,697 $ — $ 5,191 $ 625 $ 36,263 Year ended December 31, 2013 $ 23,177 $ — $ 10,131 $ 1,611 $ 31,697 _______________________________________ Note (A) For accounts receivable, amounts comprise currency translation adjustments. For deferred tax valuation allowance in 2015 , 2014 , and 2013 , amounts relate primarily to changes in foreign tax credit carryforwards and foreign currency differences recorded through other comprehensive income. Note (B) For accounts receivable, amounts represent excess of uncollectible balances written off over recoveries of accounts previously written off.

Summary of Significant Accoun43

Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment Useful Life
Current deferred tax assets, net	$ 67,483	$ 62,341
Current deferred tax liabilities	$ 22,435	$ 18,677
StandardWarrantyPeriod	one
Incremental Common Shares Attributable to Share-based Payment Arrangements	588,697	680,537	782,528
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	112,562	127,995	23,951
Capitalized Software Costs [Member]
Property, Plant and Equipment Useful Life
Property, Plant and Equipment, Useful Life	10 years
Minimum [Member] | Building and Building Improvements
Property, Plant and Equipment Useful Life
Property, Plant and Equipment, Useful Life	15 years
Minimum [Member] | Machinery and Equipment
Property, Plant and Equipment Useful Life
Property, Plant and Equipment, Useful Life	3 years
Minimum [Member] | Software
Property, Plant and Equipment Useful Life
Property, Plant and Equipment, Useful Life	3 years
Maximum [Member] | Building and Building Improvements
Property, Plant and Equipment Useful Life
Property, Plant and Equipment, Useful Life	50 years
Maximum [Member] | Machinery and Equipment
Property, Plant and Equipment Useful Life
Property, Plant and Equipment, Useful Life	12 years
Maximum [Member] | Software
Property, Plant and Equipment Useful Life
Property, Plant and Equipment, Useful Life	10 years

Acquisitions Business Combinati

Acquisitions Business Combinations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	$ 16,600
Goodwill, Acquired During Period	9,773	$ 1,282
Finite-lived Intangible Assets Acquired	$ 6,800
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	10 years
Instant BioScan Business [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	$ 14,700
Goodwill, Acquired During Period	$ 9,000

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
INVENTORIES [Abstract]
Raw Materials and Supplies	$ 98,252	$ 97,969
Work in Process	35,100	34,973
Finished Goods	81,031	71,589
Inventory, Net	$ 214,383	$ 204,531

Financial Instruments (Details)

Financial Instruments (Details) $ in Thousands, € in Millions	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2015EUR (€)	Dec. 31, 2014EUR (€)
Derivative Instruments, Gain (Loss) [Line Items]
Long Term Debt Percentage Bearing Fixed Interest Percentage	91.00%		91.00%
Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
swiss franc per euro floor	1.20		1.20
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	$ 5,000
Designated as Hedging Instrument [Member] | Derivative Maturing in 2015 [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional Value Local Currency | €			€ 86
Derivative, Average Forward Exchange Rate	1.21		1.21
Designated as Hedging Instrument [Member] | Derivative Maturing in 2016 [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional Value Local Currency | €			€ 67
Derivative, Average Forward Exchange Rate	1.19		1.19
Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional Value Local Currency | €			€ 66.5	€ 72
Derivative, Notional Amount	$ 72,700	$ 87,000
Unrealized Gain (Loss) on Foreign Currency Derivatives, Net, before Tax	19,000	1,200
Gain/Loss on FX Effectiveness	0	0
Designated as Hedging Instrument [Member] | 3.24% $100 Million Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Line Of Credit Facility Forecasted Borrowing Amount	$ 100,000
Derivative, Fixed Interest Rate	3.24%		3.24%
Designated as Hedging Instrument [Member] | 2.52% $50 Million Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Line Of Credit Facility Forecasted Borrowing Amount	$ 50,000
Derivative, Fixed Interest Rate	2.52%		2.52%
Gain/Loss on IR Effectiveness	$ 0	0
Designated as Hedging Instrument [Member] | 2.25% $100 Million Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Line Of Credit Facility Forecasted Borrowing Amount	$ 100,000
Derivative, Fixed Interest Rate	2.25%		2.25%
Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	$ 318,700	325,400
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments	$ 5,300	$ 3,500

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 8,200	$ 2,200
Derivative Liability, Fair Value, Gross Liability	4,717	5,567
Cash Equivalents, at Carrying Value	18,800	14,200
Change in Carrying Value Verse Fair Value of Long Term Debt	$ (9,200)	$ 17,800

Fair Value Measurements Fair Va

Fair Value Measurements Fair Value Measurements (Detail 1) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash Equivalents, at Carrying Value	$ 18,800	$ 14,200
Foreign Currency Cash Flow Hedge Asset at Fair Value	7,056	567
Liabilities [Abstract]
Derivative Liability, Fair Value, Gross Liability	4,717	5,567
Fair Value, Measurements, Recurring
ASSETS
Foreign currency forward contracts not designated as hedging instrument	1,166	1,611
Assets, Fair Value Disclosure	26,977	16,366
Liabilities [Abstract]
Interest Rate Derivative Liabilities, at Fair Value	4,092	3,768
Foreign currency forward contracts not designated as hedging instrument	625	1,799
Fair Value, Measurements, Recurring | Level 1
ASSETS
Cash Equivalents, at Carrying Value	0	0
Foreign Currency Cash Flow Hedge Asset at Fair Value	0	0
Foreign currency forward contracts not designated as hedging instrument	0	0
Assets, Fair Value Disclosure	0	0
Liabilities [Abstract]
Interest Rate Derivative Liabilities, at Fair Value	0	0
Foreign currency forward contracts not designated as hedging instrument	0	0
Liabilities, Fair Value Disclosure	0	0
Fair Value, Measurements, Recurring | Level 2
ASSETS
Cash Equivalents, at Carrying Value	18,755	14,188
Foreign Currency Cash Flow Hedge Asset at Fair Value	7,056	567
Foreign currency forward contracts not designated as hedging instrument	1,166	1,611
Assets, Fair Value Disclosure	26,977	16,366
Liabilities [Abstract]
Interest Rate Derivative Liabilities, at Fair Value	4,092	3,768
Foreign currency forward contracts not designated as hedging instrument	625	1,799
Liabilities, Fair Value Disclosure	4,717	5,567
Fair Value, Measurements, Recurring | Level 3
ASSETS
Cash Equivalents, at Carrying Value	0	0
Foreign Currency Cash Flow Hedge Asset at Fair Value	0	0
Foreign currency forward contracts not designated as hedging instrument	0	0
Assets, Fair Value Disclosure	0	0
Liabilities [Abstract]
Interest Rate Derivative Liabilities, at Fair Value	0	0
Foreign currency forward contracts not designated as hedging instrument	0	0
Liabilities, Fair Value Disclosure	$ 0	$ 0

Property, Plant and Equipment49

Property, Plant and Equipment, Net (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment
Property, Plant and Equipment, Gross	$ 954,224	$ 934,772
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	(436,995)	(423,310)
Total Property, Plant and Equipment, Net	517,229	511,462
Land [Member]
Property, Plant and Equipment
Property, Plant and Equipment, Gross	47,358	51,123
Building and Building Improvements [Member]
Property, Plant and Equipment
Property, Plant and Equipment, Gross	211,490	210,008
Machinery and Equipment [Member]
Property, Plant and Equipment
Property, Plant and Equipment, Gross	341,820	345,888
Computer Software, Intangible Asset [Member]
Property, Plant and Equipment
Property, Plant and Equipment, Gross	$ 353,556	$ 327,753

Goodwill and Other Intangible50

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Goodwill [Roll Forward]
Goodwill, Beginning	$ 444,085	$ 455,842
Goodwill, Acquired During Period	9,773	1,282
Goodwill, Translation Adjustments	(7,574)	(13,039)
Goodwill, Ending	$ 446,284	$ 444,085

Goodwill and Other Intangible51

Goodwill and Other Intangible Assets Details 1 (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Finite Life and Indefinite Life Intangible Assets
Intangible Assets, Net (Excluding Goodwill)	$ 115,252	$ 112,784
Intangible Assets Excluding Goodwill Gross	182,238	174,573
Intangible Assets Accumulated Amortization	(66,986)	(61,789)
Customer Relationships
Finite Life and Indefinite Life Intangible Assets
Finite-Lived Intangible Assets, Gross	98,175	98,325
Finite-Lived Intangible Assets, Accumulated Amortization	(30,836)	(28,159)
Intangible Assets, Net (Excluding Goodwill)	67,339	70,166
Proven technology and patents
Finite Life and Indefinite Life Intangible Assets
Finite-Lived Intangible Assets, Gross	52,938	45,588
Finite-Lived Intangible Assets, Accumulated Amortization	(32,444)	(30,761)
Intangible Assets, Net (Excluding Goodwill)	20,494	14,827
Tradename (Finite Life)
Finite Life and Indefinite Life Intangible Assets
Finite-Lived Intangible Assets, Gross	4,200	4,140
Finite-Lived Intangible Assets, Accumulated Amortization	(2,158)	(1,786)
Intangible Assets, Net (Excluding Goodwill)	2,042	2,354
Tradename (Indefinite Life)
Finite Life and Indefinite Life Intangible Assets
Intangible Assets, Net (Excluding Goodwill)	24,814	24,947
Indefinite-Lived Intangible Assets (Excluding Goodwill)	24,814	24,947
Other Intangible Assets
Finite Life and Indefinite Life Intangible Assets
Finite-Lived Intangible Assets, Gross	2,111	1,573
Finite-Lived Intangible Assets, Accumulated Amortization	(1,548)	(1,083)
Intangible Assets, Net (Excluding Goodwill)	$ 563	$ 490

Goodwill and Other Intangible52

Goodwill and Other Intangible Assets Textuals (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Amortization of Intangible Assets	$ 6.3	$ 6.5	$ 5.9
Future Amortization Expense, Year One	6.6
Future Amortization Expense, Year Two	6.3
Future Amortization Expense, Year Three	6
Future Amortization Expense, Year Four	5.7
Future Amortization Expense, Year Five	5.5
Amortization Of Acquired Intangible Asset Net Of Tax	5.7	5.6	5.3
Purchased Intangibles, Net of Tax	3.9	3.9	3.6
Capitalized Computer Software, Amortization	$ 24.4	$ 22.4	$ 18.6
Minimum [Member]
Finite-Lived Intangible Assets, Useful Life, Minimum	3 years
Maximum [Member]
Finite-Lived Intangible Assets, Useful Life, Minimum	45 years

Debt (Details)

Debt (Details) € in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2015EUR (€)	Jun. 25, 2015USD ($)	Dec. 31, 2014USD ($)
Debt Instrument
Senior Notes	$ 250,000
Total Debt, Long-term and Short-term	591,472			$ 451,954
Less: current portion	(14,488)			(116,164)
Long-term debt	576,984			335,790
6.3% Senior Notes
Debt Instrument
Senior Notes	$ 0		$ 100,000	$ 100,000
Senior Notes, Stated Interest Rate			6.30%	6.30%
Maturity Date	Jun. 25, 2015
3.67% Percent Notes
Debt Instrument
Senior Notes	$ 50,000			$ 50,000
Senior Notes, Stated Interest Rate	3.67%	3.67%
Maturity Date	Dec. 17, 2022
4.10% Senior Notes [Member]
Debt Instrument
Senior Notes	$ 50,000			50,000
Senior Notes, Stated Interest Rate	4.10%	4.10%
Maturity Date	Sep. 19, 2023
3.84% Senior Notes [Member]
Debt Instrument
Senior Notes	$ 125,000			125,000
Senior Notes, Stated Interest Rate	3.84%	3.84%
Maturity Date	Sep. 19, 2024
4.24% Senior Notes [Member]
Debt Instrument
Senior Notes	$ 125,000			0
Senior Notes, Stated Interest Rate	4.24%	4.24%
Maturity Date	Jun. 25, 2025
1.47% EURO Senior Notes [Member]
Debt Instrument
Senior Notes	$ 136,575	€ 125,000		0
Senior Notes, Stated Interest Rate	1.47%	1.47%
Maturity Date	Jun. 17, 2030
$800 Million 2015 Credit Agreement
Debt Instrument
$800 million Credit Agreement, interest at LIBOR plus 87.5 basis points	$ 90,409			110,790
Maturity Date	Dec. 17, 2020
Credit Agreement Borrowing Capacity	$ 800,000
$800 million Credit Agreement, Basis Spread on Variable Rate	0.875%
Other Local Arrangements
Debt Instrument
Other Local Arrangements	$ 14,488			$ 16,164

Debt Textuals (Details)

Debt Textuals (Details) € in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Rate	Dec. 31, 2014USD ($)Rate	Dec. 31, 2013USD ($)	Dec. 31, 2015EUR (€)Rate	Jun. 25, 2015USD ($)
Debt Instrument
Derivatives used in Net Investment Hedge, Increase (Decrease), Gross of Tax	$ 3,600
Senior Notes	$ 250,000
Consolidated Interest Coverage Ratio Covenant	3.5 to 1.0
Consolidated Leverage Ratio Covenant	3.5 to 1.0
Debt issuance costs	$ 1,366	$ 941	$ 1,522
Debt, Weighted Average Interest Rate | Rate	4.71%	5.16%		4.71%
6.3% Senior Notes
Debt Instrument
Senior Notes, Stated Interest Rate		6.30%			6.30%
Senior Notes	$ 0	$ 100,000			$ 100,000
Maturity Date	Jun. 25, 2015
3.67% Percent Notes
Debt Instrument
Senior Notes, Stated Interest Rate	3.67%			3.67%
Senior Notes	$ 50,000	50,000
Maturity Date	Dec. 17, 2022
Debt Instrument, Covenant Compliance	The Company was in compliance with these covenants at December 31, 2015.
Debt issuance costs	$ 400
Amortized Issuance Costs Period	ten
4.10% Senior Notes [Member]
Debt Instrument
Senior Notes, Stated Interest Rate	4.10%			4.10%
Senior Notes	$ 50,000	50,000
Maturity Date	Sep. 19, 2023
Debt Instrument, Covenant Compliance	The Company was in compliance with these covenants at December 31, 2015.
Debt issuance costs	$ 400
Amortized Issuance Costs Period	ten
3.84% Senior Notes [Member]
Debt Instrument
Senior Notes, Stated Interest Rate	3.84%			3.84%
Senior Notes	$ 125,000	125,000
Maturity Date	Sep. 19, 2024
Debt Instrument, Covenant Compliance	The Company was in compliance with these covenants at December 31, 2015.
Debt issuance costs	$ 900
Amortized Issuance Costs Period	ten
4.24% Senior Notes [Member]
Debt Instrument
Senior Notes, Stated Interest Rate	4.24%			4.24%
Senior Notes	$ 125,000	0
Maturity Date	Jun. 25, 2025
Debt Instrument, Covenant Compliance	The Company was in compliance with these covenants at December 31, 2015.
1.47% EURO Senior Notes [Member]
Debt Instrument
Senior Notes, Stated Interest Rate	1.47%			1.47%
Senior Notes	$ 136,575	$ 0		€ 125,000
Maturity Date	Jun. 17, 2030
Debt Instrument, Covenant Compliance	The Company was in compliance with these covenants at December 31, 2015.
Debt Issuance Cost	$ 400
Amortized Issuance Costs Period	15 years
$800 Million 2015 Credit Agreement
Debt Instrument
Maturity Date	Dec. 17, 2020
Debt Instrument, Covenant Compliance	the Company was in compliance as of December 31, 2015
Amortized Issuance Costs Period	2,020
Credit Agreement Borrowing Capacity	$ 800,000
$800 million Credit Agreement, Basis Spread on Variable Rate	0.875%
Interest Costs, Capitalized During Period	$ 1,100
Line of Credit Facility, Remaining Borrowing Capacity	704,700
$800 Million Credit 2013 Credit Agreement [Member]
Debt Instrument
Credit Agreement Borrowing Capacity	800,000
Gains (Losses) on Extinguishment of Debt	$ (129)

Shareholders' Equity Details 1

Shareholders' Equity Details 1 (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (266,649)	$ (212,949)	$ (35,036)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax	(21,570)	(105,230)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	14,026	(713)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(47,404)	(74,841)
Amounts Recognized From Accumulated Other Comprehensive Income (Loss), Net Of Tax	1,248	2,871
Other Comprehensive Income (Loss), Net of Tax	(53,700)	(177,913)
Currency Translation Adjustment, Net Of Tax [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(57,394)	(4,960)	77,915
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax	0	0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	0	0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(52,434)	(82,875)
Amounts Recognized From Accumulated Other Comprehensive Income (Loss), Net Of Tax	0	0
Other Comprehensive Income (Loss), Net of Tax	(52,434)	(82,875)
Net Unrealized Gain (Loss) on Cash Flow Hedging Arrangements, Net Of Tax [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax	3,016	(1,944)	(2,433)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax	0	0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	14,026	(713)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(805)	(55)
Amounts Recognized From Accumulated Other Comprehensive Income (Loss), Net Of Tax	(8,261)	1,257
Other Comprehensive Income (Loss), Net of Tax	4,960	489
Pension and Post-Retirement Benefit Related Items, Net Of Tax [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(212,271)	(206,045)	$ (110,518)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax	(21,570)	(105,230)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	0	0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	5,835	8,089
Amounts Recognized From Accumulated Other Comprehensive Income (Loss), Net Of Tax	9,509	1,614
Other Comprehensive Income (Loss), Net of Tax	$ (6,226)	$ (95,527)

Shareholders' Equity Details 2

Shareholders' Equity Details 2 (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ (9,765)	$ (2,288)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax	(1,504)	1,031
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax	(8,261)	1,257	$ 3,496
Amortization of actuarial (gains) losses and plan amendments and prior service cost	13,018	2,877
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Tax, Portion Attributable to Parent	3,509	1,263
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	9,509	1,614
Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2,764	(3,119)
Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ (12,529)	$ 831

Shareholders' Equity Textuals (

Shareholders' Equity Textuals (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Jan. 29, 2016
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Common Stock, Shares Authorized	125,000,000	125,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01		$ 0.01
Common Stock, Voting Rights	one
Common Stock Reserved for Issuance to the Stock Option Plans	3,985,412
Share Repurchase Program and Treasury Stock [Abstract]
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 1,500,000
Stock Repurchase Program, Additional Authorized Amount	$ 1,500,000
Shares Repurchased Under Share Repurchase Program	24,600,000
Share Repurchase Program, Total Cost Program to Date	$ 3,000,000
Repurchases of Common Stock, Value	$ (494,966)	$ (414,000)	$ (294,976)
Repurchases of Common Stock, Shares	(1,556,797)	(1,617,499)
Treasury Stock Acquired, Average Cost Per Share	$ 317.92	$ 255.93
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Par Value	$ 0.01	$ 0.01

Equity Incentive Plan (Details)

Equity Incentive Plan (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options, Outstanding, Number, Beginning	1,646,483
Options, Grants in Period, Net of Forfeitures	108,694
Options, Exercises in Period	(372,355)
Options, Forfeitures in Period	(8,117)
Options, Outstanding, Number, Ending	1,374,705
Options, Exercisable, Number	1,000,773
Aggregate Intrinsic Value [Abstract]
Options, Outstanding, Intrinsic Value	$ 243.1	$ 277.7
Options, Exercisable, Intrinsic Value	$ 209.1
Weighted Average Exercise Price [Abstract]
Options, Outstanding, Weighted Average Exercise Price, Beginning	$ 133.80
Options, Grants in Period, Weighted Average Exercise Price	312.36
Options, Exercises in Period, Weighted Average Exercise Price	79.37
Options, Forfeitures in Period, Weighted Average Exercise Price	208.17
Options, Outstanding, Weighted Average Exercise Price, Ending	162.29
Options, Exercisable, Weighted Average Exercise Price	$ 130.15

Equity Incentive Plan Details 1

Equity Incentive Plan Details 1 (Details) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award
Options, Outstanding, Number	1,374,705	1,646,483
Options, Outstanding, Weighted Average Exercise Price	$ 162.29	$ 133.80
Options, Outstanding, Weighted Average Remaining Contractual Term	5 years 6 months 7 days
Options, Exercisable, Number	1,000,773
$0.0-$50.0 Range of Exercise Price
Share-based Compensation Arrangement by Share-based Payment Award
Options, Outstanding, Number	294,206
Options, Outstanding, Weighted Average Exercise Price	$ 84.18
Options, Outstanding, Weighted Average Remaining Contractual Term	3 years 4 months 23 days
Options, Exercisable, Number	294,206
$50.0-$70.0 Range of Exercise Price
Share-based Compensation Arrangement by Share-based Payment Award
Options, Outstanding, Number	202,950
Options, Outstanding, Weighted Average Exercise Price	$ 109
Options, Outstanding, Weighted Average Remaining Contractual Term	1 year 11 months 5 days
Options, Exercisable, Number	202,950
$70.0-$100.0 Range of Exercise Price
Share-based Compensation Arrangement by Share-based Payment Award
Options, Outstanding, Number	340,650
Options, Outstanding, Weighted Average Exercise Price	$ 141.50
Options, Outstanding, Weighted Average Remaining Contractual Term	5 years 4 months 4 days
Options, Exercisable, Number	309,259
$100.0-$125.0 Range of Exercise Price
Share-based Compensation Arrangement by Share-based Payment Award
Options, Outstanding, Number	173,273
Options, Outstanding, Weighted Average Exercise Price	$ 169.37
Options, Outstanding, Weighted Average Remaining Contractual Term	6 years 10 months
Options, Exercisable, Number	109,023
$125.0-$150.0 Range of Exercise Price
Share-based Compensation Arrangement by Share-based Payment Award
Options, Outstanding, Number	363,626
Options, Outstanding, Weighted Average Exercise Price	$ 271.34
Options, Outstanding, Weighted Average Remaining Contractual Term	8 years 9 months 12 days
Options, Exercisable, Number	85,335

Equity Incentive Plan Details 2

Equity Incentive Plan Details 2 (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Option Pricing Model Assumptions [Abstract]
Risk Free Interest Rate	1.65%	1.66%	1.31%
Expected Term	5 years 8 months 12 days	5 years 7 months 6 days	5 years
Expected Volatility Rate	28.00%	28.00%	28.00%
Expected Dividend Rate	0.00%	0.00%	0.00%

Equity Incentive Plan Details 3

Equity Incentive Plan Details 3 (Details) - $ / shares $ / shares in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Aggregate Intrinsic Value [Abstract]
Restricted Stock Units, Nonvested, Intrinsic Value	$ 27.8	$ 29.1
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted Stock Units, Nonvested, Number, Beginning	96,097
Restricted Stock Units, Grants in Period	25,970
Restricted Stock Units, Vested in Period	(31,553)
Restricted Stock Units, Forfeited in Period	(8,440)
Restricted Stock Units, Nonvested, Number, Ending	82,074

Equity Incentive Plan Textuals

Equity Incentive Plan Textuals (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
EQUITY INCENTIVE PLAN [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years 6 months
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 312.57	$ 263.58
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Intrinsic Value, Amount Per Share	$ 8,100,000	7,800,000
Number of Shares Authorized for Stock Option Plan	2,000,000
Options, Award Vesting Period	5 years
Restricted Stock Units, Vesting Period	five
Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 92.81	$ 77.64	$ 66.33
Options, Exercises in Period, Total Intrinsic Value	$ 90.7	$ 66.9	$ 60
Stock Options, Vested in Period, Total Fair Value	8.6	6.4	5.7
Restricted Stock Units, Vested in Period, Total Fair Value	6	5.8	$ 5.6
Allocated Share-based Compensation Expense for Restricted Stock Units	$ 5.8	$ 5.6
Number of Shares Available for Grant	2,448,666
Deferred Compensation Liability, Current and Noncurrent	$ 44.9
Estimated Weighted Average Amortization Period	2 years 3 months 18 days

Benefit Plans Benefit Plans (De

Benefit Plans Benefit Plans (Detail 1) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit Obligation, Beginning	$ 1,031,760	$ 957,642
Defined Benefit Plans, Service Cost and Other	32,351	29,642
Defined Benefit Plan, Interest Cost	20,641	28,081	$ 25,726
Defined Benefit Plan, Actuarial Gain (Loss)	(14,991)	144,227
Defined Benefit Plan, Plan Amendments	(12,228)	(2,404)
Defined Benefit Plan, Benefits Paid	(56,982)	(42,673)
Foreign Currency Exchange Rate Changes, Benefit Obligation	(24,595)	(82,755)
Benefit Obligation, Ending	975,956	1,031,760	957,642
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair Value of Plan Assets, Beginning	883,223	904,435
Defined Benefit Plan, Actual Return on Plan Assets	(8,832)	43,867
Defined Benefit Plan, Contributions by Employer	23,616	43,861
Defined Benefit Plan, Contributions by Plan Participants	13,013	13,543
Defined Benefits Plan, Benefits Paid and Other Charges	56,982	42,673
Foreign Currency Exchange Rate Changes, Plan Assets	(9,323)	(79,810)
Fair Value of Plan Assets, Ending	844,715	883,223	904,435
Defined Benefit Plan, Funded Status of Plan	(131,241)	(148,537)
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit Obligation, Beginning	164,367	138,147
Defined Benefit Plans, Service Cost and Other	837	893
Defined Benefit Plan, Interest Cost	6,431	6,396	5,755
Defined Benefit Plan, Actuarial Gain (Loss)	(10,145)	25,848
Defined Benefit Plan, Plan Amendments	0	0
Defined Benefit Plan, Benefits Paid	(7,075)	(6,917)
Foreign Currency Exchange Rate Changes, Benefit Obligation	0	0
Benefit Obligation, Ending	154,415	164,367	138,147
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair Value of Plan Assets, Beginning	132,030	117,903
Defined Benefit Plan, Actual Return on Plan Assets	(5,907)	2,974
Defined Benefit Plan, Contributions by Employer	70	18,070
Defined Benefit Plan, Contributions by Plan Participants	0	0
Defined Benefits Plan, Benefits Paid and Other Charges	7,075	6,917
Foreign Currency Exchange Rate Changes, Plan Assets	0	0
Fair Value of Plan Assets, Ending	119,118	132,030	117,903
Defined Benefit Plan, Funded Status of Plan	(35,297)	(32,337)
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit Obligation, Beginning	863,639	814,200
Defined Benefit Plans, Service Cost and Other	31,514	28,579
Defined Benefit Plan, Interest Cost	14,071	21,445	19,566
Defined Benefit Plan, Actuarial Gain (Loss)	(4,959)	117,902
Defined Benefit Plan, Plan Amendments	(12,391)	(453)
Defined Benefit Plan, Benefits Paid	(49,010)	(35,279)
Foreign Currency Exchange Rate Changes, Benefit Obligation	(24,595)	(82,755)
Benefit Obligation, Ending	818,269	863,639	814,200
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair Value of Plan Assets, Beginning	751,193	786,532
Defined Benefit Plan, Actual Return on Plan Assets	(2,925)	40,893
Defined Benefit Plan, Contributions by Employer	22,812	25,448
Defined Benefit Plan, Contributions by Plan Participants	12,850	13,409
Defined Benefits Plan, Benefits Paid and Other Charges	49,010	35,279
Foreign Currency Exchange Rate Changes, Plan Assets	(9,323)	(79,810)
Fair Value of Plan Assets, Ending	725,597	751,193	786,532
Defined Benefit Plan, Funded Status of Plan	(92,672)	(112,446)
United States Postretirement Benefit Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit Obligation, Beginning	3,754	5,295
Defined Benefit Plans, Service Cost and Other	0	170
Defined Benefit Plan, Interest Cost	139	240	405
Defined Benefit Plan, Actuarial Gain (Loss)	113	477
Defined Benefit Plan, Plan Amendments	163	(1,951)
Defined Benefit Plan, Benefits Paid	(897)	(477)
Foreign Currency Exchange Rate Changes, Benefit Obligation	0	0
Benefit Obligation, Ending	3,272	3,754	5,295
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair Value of Plan Assets, Beginning	0	0
Defined Benefit Plan, Actual Return on Plan Assets	0	0
Defined Benefit Plan, Contributions by Employer	734	343
Defined Benefit Plan, Contributions by Plan Participants	163	134
Defined Benefits Plan, Benefits Paid and Other Charges	897	477
Foreign Currency Exchange Rate Changes, Plan Assets	0	0
Fair Value of Plan Assets, Ending	0	0	$ 0
Defined Benefit Plan, Funded Status of Plan	$ (3,272)	$ (3,754)

Benefit Plans Benefit Plans (64

Benefit Plans Benefit Plans (Detail 2) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Other Non-current Assets for Plan Benefits	$ 32,786	$ 38,922
Pension and Other Postretirement Defined Benefit Plans, Current Liabilities	(5,083)	(5,324)
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent	(158,944)	(182,135)
Accumulated Other Comprehensive Income (Loss), before Tax	289,628	284,035
Net amount recognized	158,387	135,498
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Other Non-current Assets for Plan Benefits	0	0
Pension and Other Postretirement Defined Benefit Plans, Current Liabilities	(92)	(69)
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent	(35,205)	(32,268)
Accumulated Other Comprehensive Income (Loss), before Tax	83,347	85,636
Net amount recognized	48,050	53,299
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Other Non-current Assets for Plan Benefits	32,786	38,922
Pension and Other Postretirement Defined Benefit Plans, Current Liabilities	(4,508)	(4,676)
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent	(120,950)	(146,692)
Accumulated Other Comprehensive Income (Loss), before Tax	216,224	213,702
Net amount recognized	123,552	101,256
United States Postretirement Benefit Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Other Non-current Assets for Plan Benefits	0	0
Pension and Other Postretirement Defined Benefit Plans, Current Liabilities	(483)	(579)
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent	(2,789)	(3,175)
Accumulated Other Comprehensive Income (Loss), before Tax	(9,943)	(15,303)
Net amount recognized	$ (13,215)	$ (19,057)

Benefit Plans Benefit Plans (65

Benefit Plans Benefit Plans (Detail 3) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan amendments and prior service cost	$ (30,142)
Defined Benefit Plan, Accumulated Other Comprehensive Income Net Prior Service Cost Credit, after Tax	(23,079)
Actuarial losses (gains)	319,770
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Gains (Losses), after tax	235,350
Accumulated Other Comprehensive Income (Loss), before Tax	289,628	$ 284,035
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	212,271
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan amendments and prior service cost	0
Actuarial losses (gains)	83,347
Accumulated Other Comprehensive Income (Loss), before Tax	83,347	85,636
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan amendments and prior service cost	(27,114)
Actuarial losses (gains)	243,338
Accumulated Other Comprehensive Income (Loss), before Tax	216,224	213,702
United States Postretirement Benefit Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan amendments and prior service cost	(3,028)
Actuarial losses (gains)	(6,915)
Accumulated Other Comprehensive Income (Loss), before Tax	$ (9,943)	$ (15,303)

Benefit Plans Benefit Plans (66

Benefit Plans Benefit Plans (Detail 4) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net actuarial losses (gains)	$ 38,957
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Net of Tax	30,759	$ 106,837	$ (30,381)
Prior service costs	(12,058)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Plan Amendments and Prior Service Costs arising during the period, net of tax	(9,189)	(1,607)	(2,371)
Defined Benefit Plans, Amortization of Gains, Losses and Other Expenses	(20,833)
Other Comprehensive Income (Loss), Reclassification, Pension and Other Postretirement Benefit Plans, Net Gain (Loss) Recognized in Net Periodic Benefit Cost, Net of Tax	15,134
Amortization of Prior service costs in Net Periodic Benefits Costs, before tax	7,815
Other Comprehensive Income (Loss), Amortization, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost Recognized in Net Periodic Benefit Cost, after tax	(5,625)
Defined Benefit Plans, Impact of FX on Current Year Change in OCI	(8,288)
Defined Benefit Plans, Impact of FX on Current Year Change in OCI, net of tax	(5,835)	$ (8,089)	$ 2,010
Defined Benefit Plan, Changes in OCI Arising During the Period	5,593
Defined Benefit Plan, Changes in OCI Arising During the Period, net of tax	6,226
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net actuarial losses (gains)	5,337
Prior service costs	0
Defined Benefit Plans, Amortization of Gains, Losses and Other Expenses	(7,626)
Amortization of Prior service costs in Net Periodic Benefits Costs, before tax	0
Defined Benefit Plans, Impact of FX on Current Year Change in OCI	0
Defined Benefit Plan, Changes in OCI Arising During the Period	(2,289)
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net actuarial losses (gains)	33,507
Prior service costs	(12,058)
Defined Benefit Plans, Amortization of Gains, Losses and Other Expenses	(15,084)
Amortization of Prior service costs in Net Periodic Benefits Costs, before tax	4,445
Defined Benefit Plans, Impact of FX on Current Year Change in OCI	(8,288)
Defined Benefit Plan, Changes in OCI Arising During the Period	2,522
United States Postretirement Benefit Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net actuarial losses (gains)	113
Prior service costs	0
Defined Benefit Plans, Amortization of Gains, Losses and Other Expenses	1,877
Amortization of Prior service costs in Net Periodic Benefits Costs, before tax	3,370
Defined Benefit Plans, Impact of FX on Current Year Change in OCI	0
Defined Benefit Plan, Changes in OCI Arising During the Period	$ 5,360

Benefit Plans Benefit Plans (67

Benefit Plans Benefit Plans (Detail 5) (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount Rate	4.27%	4.00%	4.75%
Defined Benefit Plan, Assumptions Used Calculating the projected benefit obligation, Expected Long-term Return on Assets	7.25%	7.50%	7.50%
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount Rate	1.31%	1.65%	2.73%
Compensation increase rate	1.03%	1.61%	1.61%
Defined Benefit Plan, Assumptions Used Calculating the projected benefit obligation, Expected Long-term Return on Assets	4.58%	4.82%	4.87%

Benefit Plans Benefit Plans (68

Benefit Plans Benefit Plans (Detail 6) (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount Rate	4.00%	4.75%	3.75%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets	7.50%	7.50%	7.75%
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount Rate	1.65%	2.73%	2.50%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase	1.61%	1.61%	1.60%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets	4.82%	4.87%	4.89%
United States Postretirement Benefit Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount Rate	4.00%	4.75%	3.75%

Benefit Plans Benefit Plans (69

Benefit Plans Benefit Plans (Detail 7) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost, net	$ 19,501	$ 16,252	$ 18,096
Defined Benefit Plan, Interest Cost	20,641	28,081	25,726
Expected return on plan assets	(46,407)	(45,910)	(42,202)
Amortization of actuarial (gains) losses and plan amendments and prior service cost	9,509	1,614	6,775
Amortization of Actuarial (Gains) Losses and Prior Service Cost	13,018	2,877	10,426
Net periodic pension cost / (benefit)	6,753	1,300	12,046
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost, net	837	893	494
Defined Benefit Plan, Interest Cost	6,431	6,396	5,755
Expected return on plan assets	(9,575)	(8,549)	(7,154)
Amortization of Actuarial (Gains) Losses and Prior Service Cost	7,626	4,800	7,782
Net periodic pension cost / (benefit)	5,319	3,540	6,877
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost, net	18,664	15,189	17,386
Defined Benefit Plan, Interest Cost	14,071	21,445	19,566
Expected return on plan assets	(36,832)	(37,361)	(35,048)
Amortization of Actuarial (Gains) Losses and Prior Service Cost	10,639	292	3,545
Net periodic pension cost / (benefit)	6,542	(435)	5,449
United States Postretirement Benefit Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost, net	0	170	216
Defined Benefit Plan, Interest Cost	139	240	405
Expected return on plan assets	0	0	0
Amortization of Actuarial (Gains) Losses and Prior Service Cost	(5,247)	(2,215)	(901)
Net periodic pension cost / (benefit)	$ (5,108)	$ (1,805)	$ (280)

Benefit Plans Benefit Plans (70

Benefit Plans Benefit Plans (Detail 8) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Amortization of Net Prior Service Cost (Credit)	$ (5,766)
Amortization of Net Gains (Losses)	22,804
Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year	17,038
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Amortization of Net Prior Service Cost (Credit)	0
Amortization of Net Gains (Losses)	7,561
Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year	7,561
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Amortization of Net Prior Service Cost (Credit)	(3,889)
Amortization of Net Gains (Losses)	17,935
Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year	14,046
United States Postretirement Benefit Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Amortization of Net Prior Service Cost (Credit)	(1,877)
Amortization of Net Gains (Losses)	(2,692)
Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year	$ (4,569)

Benefit Plans Benefit Plans (71

Benefit Plans Benefit Plans (Detail 9) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	$ 844,715	$ 883,223	$ 904,435
Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	86,135	140,959
Company Stock
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	3,229	3,638
U.S. Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	33,934	37,645
International Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	92,730	91,991
Emerging Markets Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	101,182	79,039
Fixed Income Securities, Corporate and Government Bonds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	91,533	124,709
Fixed Income Mutual Funds, Insurance Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	21,718	24,676
Fixed Income Mutual Funds, Core Bond
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	175,172	159,597
Real Estate
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	65,597	61,849
Real Asset Mutual Funds, Commodities
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	58,477	52,234
Other Types of Investments, Global Allocation Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	26,266	25,935
Other Types of Investments, Multi-Strategy Fund of Hedge Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	88,742	80,951
Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	561,687	605,957
Level 1 | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	86,135	140,959
Level 1 | Company Stock
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	3,229	3,638
Level 1 | U.S. Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	6,320	7,377
Level 1 | International Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	41,982	39,515
Level 1 | Emerging Markets Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	95,065	72,360
Level 1 | Fixed Income Securities, Corporate and Government Bonds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	91,533	124,709
Level 1 | Fixed Income Mutual Funds, Insurance Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 1 | Fixed Income Mutual Funds, Core Bond
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	138,073	120,840
Level 1 | Real Estate
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	65,597	61,849
Level 1 | Real Asset Mutual Funds, Commodities
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	21,092	20,920
Level 1 | Other Types of Investments, Global Allocation Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	12,661	13,790
Level 1 | Other Types of Investments, Multi-Strategy Fund of Hedge Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	159,414	166,731
Level 2 | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 2 | Company Stock
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 2 | U.S. Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	27,614	30,268
Level 2 | International Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	50,748	52,476
Level 2 | Emerging Markets Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	6,117	6,679
Level 2 | Fixed Income Securities, Corporate and Government Bonds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 2 | Fixed Income Mutual Funds, Insurance Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	20,351	23,288
Level 2 | Fixed Income Mutual Funds, Core Bond
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	37,099	38,757
Level 2 | Real Estate
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 2 | Real Asset Mutual Funds, Commodities
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	3,880	3,118
Level 2 | Other Types of Investments, Global Allocation Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	13,605	12,145
Level 2 | Other Types of Investments, Multi-Strategy Fund of Hedge Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	123,614	110,535	101,923
Level 3 | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 3 | Company Stock
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 3 | U.S. Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 3 | International Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 3 | Emerging Markets Equity Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 3 | Fixed Income Securities, Corporate and Government Bonds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 3 | Fixed Income Mutual Funds, Insurance Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	1,367	1,388	1,475
Level 3 | Fixed Income Mutual Funds, Core Bond
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 3 | Real Estate
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 3 | Real Asset Mutual Funds, Commodities
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	33,505	28,196	23,136
Level 3 | Other Types of Investments, Global Allocation Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Level 3 | Other Types of Investments, Multi-Strategy Fund of Hedge Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	$ 88,742	$ 80,951	$ 77,312

Benefit Plans Benefit Plans (72

Benefit Plans Benefit Plans (Detail 10) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Rollforward of Activity for Level 3 Asset Categories [Roll Forward]
Fair Value of Plan Assets, Beginning	$ 883,223	$ 904,435
Foreign Currency Exchange Rate Changes, Plan Assets	(9,323)	(79,810)
Fair Value of Plan Assets, Ending	844,715	883,223
Level 3
Rollforward of Activity for Level 3 Asset Categories [Roll Forward]
Fair Value of Plan Assets, Beginning	110,535	101,923
Defined Benefit Plan, Actual Return on Plan Assets Still Held	8,883	7,442
Defined Benefit Plan, Actual Return on Plan Assets Sold During Period		4,811
Defined Benefit Plan,Purchases, Total	12,990	28,012
Defined Benefit Plan Sales, Total	(8,317)	(21,703)
Foreign Currency Exchange Rate Changes, Plan Assets	(477)	(9,950)
Fair Value of Plan Assets, Ending	123,614	110,535
Other Types of Investments, Multi-Strategy Fund of Hedge Funds
Rollforward of Activity for Level 3 Asset Categories [Roll Forward]
Fair Value of Plan Assets, Beginning	80,951
Fair Value of Plan Assets, Ending	88,742	80,951
Other Types of Investments, Multi-Strategy Fund of Hedge Funds | Level 3
Rollforward of Activity for Level 3 Asset Categories [Roll Forward]
Fair Value of Plan Assets, Beginning	80,951	77,312
Defined Benefit Plan, Actual Return on Plan Assets Still Held	6,453	4,456
Defined Benefit Plan, Actual Return on Plan Assets Sold During Period		4,811
Defined Benefit Plan,Purchases, Total	9,980	22,867
Defined Benefit Plan Sales, Total	(8,317)	(21,649)
Foreign Currency Exchange Rate Changes, Plan Assets	(325)	(6,846)
Fair Value of Plan Assets, Ending	88,742	80,951
Real Asset Mutual Funds, Commodities
Rollforward of Activity for Level 3 Asset Categories [Roll Forward]
Fair Value of Plan Assets, Beginning	52,234
Fair Value of Plan Assets, Ending	58,477	52,234
Real Asset Mutual Funds, Commodities | Level 3
Rollforward of Activity for Level 3 Asset Categories [Roll Forward]
Fair Value of Plan Assets, Beginning	28,196	23,136
Defined Benefit Plan, Actual Return on Plan Assets Still Held	2,408	2,952
Defined Benefit Plan, Actual Return on Plan Assets Sold During Period		0
Defined Benefit Plan,Purchases, Total	2,911	5,030
Defined Benefit Plan Sales, Total	0	0
Foreign Currency Exchange Rate Changes, Plan Assets	(10)	(2,922)
Fair Value of Plan Assets, Ending	33,505	28,196
Fixed Income Mutual Funds, Insurance Contracts
Rollforward of Activity for Level 3 Asset Categories [Roll Forward]
Fair Value of Plan Assets, Beginning	24,676
Fair Value of Plan Assets, Ending	21,718	24,676
Fixed Income Mutual Funds, Insurance Contracts | Level 3
Rollforward of Activity for Level 3 Asset Categories [Roll Forward]
Fair Value of Plan Assets, Beginning	1,388	1,475
Defined Benefit Plan, Actual Return on Plan Assets Still Held	22	34
Defined Benefit Plan, Actual Return on Plan Assets Sold During Period		0
Defined Benefit Plan,Purchases, Total	99	115
Defined Benefit Plan Sales, Total	0	(54)
Foreign Currency Exchange Rate Changes, Plan Assets	(142)	(182)
Fair Value of Plan Assets, Ending	$ 1,367	$ 1,388

Benefit Plans Benefit Plans (73

Benefit Plans Benefit Plans (Detail 11) (Details) $ in Thousands	Dec. 31, 2015USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Expected Future Benefit Payments in Year One	$ 48,867
Expected Future Benefit Payments in Year Two	48,859
Expected Future Benefit Payments in Year Three	49,178
Expected Future Benefit Payments in Year Four	49,181
Expected Future Benefit Payments in Year Five	49,791
Expected Future Benefit Payments in Five Fiscal Years Thereafter	241,840
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Expected Future Benefit Payments in Year One	7,484
Expected Future Benefit Payments in Year Two	7,842
Expected Future Benefit Payments in Year Three	8,181
Expected Future Benefit Payments in Year Four	8,460
Expected Future Benefit Payments in Year Five	8,782
Expected Future Benefit Payments in Five Fiscal Years Thereafter	47,773
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Expected Future Benefit Payments in Year One	40,900
Expected Future Benefit Payments in Year Two	40,576
Expected Future Benefit Payments in Year Three	40,616
Expected Future Benefit Payments in Year Four	40,390
Expected Future Benefit Payments in Year Five	40,746
Expected Future Benefit Payments in Five Fiscal Years Thereafter	193,094
United States Postretirement Benefit Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Expected Future Benefit Payments in Year One	483
Expected Future Benefit Payments in Year Two	441
Expected Future Benefit Payments in Year Three	381
Expected Future Benefit Payments in Year Four	331
Expected Future Benefit Payments in Year Five	263
Expected Future Benefit Payments in Five Fiscal Years Thereafter	$ 973

Benefit Plans Textuals (Details

Benefit Plans Textuals (Details) $ in Thousands	1 Months Ended	12 Months Ended
	May. 15, 2016USD ($)Rate	Dec. 31, 2015USD ($)Rate	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)Rate
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Cost		$ 16,000	$ 15,600	$ 15,100
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent		158,944	182,135
Pension and Other Postretirement Defined Benefit Plans, Current Liabilities		5,083	5,324
Aggregate Projected Benefit Obligation		168,400
Aggregate Accumulated Benefit Obligation		158,200
Aggregate Fair Value of Plan Assets		42,900
Voluntary Benefit Payments for Defined Benedit Plans			18,000
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent		35,205	32,268
Pension and Other Postretirement Defined Benefit Plans, Current Liabilities		92	69
Defined Benefit Plan, Accumulated Benefit Obligation		$ 154,400	$ 164,400
Discount Rate		4.27%	4.00%	4.75%
Discount Rate		4.00%	4.75%	3.75%
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent		$ 120,950	$ 146,692
Pension and Other Postretirement Defined Benefit Plans, Current Liabilities		4,508	4,676
Defined Benefit Plan, Accumulated Benefit Obligation		$ 803,300	$ 834,700
Discount Rate		1.31%	1.65%	2.73%
Discount Rate		1.65%	2.73%	2.50%
Estimated Future Employer Contributions in Next Fiscal Year		$ 19,400
United States Postretirement Benefit Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent		2,789	$ 3,175
Pension and Other Postretirement Defined Benefit Plans, Current Liabilities		$ 483	$ 579
Discount Rate		3.54%	4.00%	4.75%
Discount Rate		4.00%	4.75%	3.75%
Healthcare Cost Trend Rate Maximum		8.00%	8.50%	8.00%
Healthcare Cost Trend Rate Minimum | Rate		7.75%
Defined Benefit Plan, Ultimate Health Care Cost Trend Rate		5.00%
Estimated Future Employer Contributions in Next Fiscal Year			$ 500
Debt Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Equity Securities, Range Minimum		11.00%
Equity Securities, Range Maximum		21.00%
Debt Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Equity Securities, Range Minimum		35.00%
Equity Securities, Range Maximum		55.00%
Equity Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Equity Securities, Range Minimum		33.00%
Equity Securities, Range Maximum		53.00%
Equity Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Equity Securities, Range Minimum		25.00%
Equity Securities, Range Maximum		45.00%
Other [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Equity Securities, Range Minimum		30.00%
Equity Securities, Range Maximum		50.00%
Other [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Equity Securities, Range Minimum		15.00%
Equity Securities, Range Maximum		25.00%
Subsequent Event [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Number of Employees offered Lump Sum Settlement of US Pension Plan	700
Defined Benefit Plan, Settlements, Benefit Obligation	$ 32,000
Percent of Pension Benefit Obligation Settlement | Rate	21.00%
Threshold for determining Pension Settlement Charge | Rate	18.00%
Minimum Pension Settlement Charge	$ 7,000
Maximum Pension Settlement Charge	$ 13,000

Taxes (Details 1)

Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
TAXES [Abstract]
Earnings Before Taxes, Domestic	$ 20,992	$ 33,157	$ 18,119
Earnings Before Taxes, Foreign	442,432	411,847	384,590
Earnings Before Taxes	$ 463,424	$ 445,004	$ 402,709

Taxes (Details 2)

Taxes (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current Income Tax Expense (Benefit), Continuing Operations [Abstract]
Current Federal Tax Expense (Benefit)	$ 11,071	$ 0	$ 0
Current State and Local Tax Expense (Benefit)	2,164	1,372	1,459
Current Foreign Tax Expense (Benefit)	90,111	92,358	86,340
Current Income Tax Expense (Benefit)	103,346	93,730	87,799
Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract]
Deferred Federal Income Tax Expense (Benefit)	3,029	5,676	8,249
Deferred State and Local Income Tax Expense (Benefit)	617	527	965
Deferred Foreign Income Tax Expense (Benefit)	3,612	6,830	(398)
Deferred Income Tax Expense (Benefit)	7,258	13,033	8,816
Federal Income Tax Expense (Benefit), Continuing Operations	14,100	5,676	8,249
State and Local Income Tax Expense (Benefit), Continuing Operations	2,781	1,899	2,424
Foreign Income Tax Expense (Benefit), Continuing Operations	93,723	99,188	85,942
Provision for taxes	$ 110,604	$ 106,763	$ 96,615

Taxes (Details 3)

Taxes (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
TAXES [Abstract]
Income Tax Expense (Benefit), at Federal Statutory Income Tax Rate	$ 162,198	$ 155,751	$ 140,948
State and Local Income Taxes	2,551	1,899	1,167
Change in Deferred Tax Assets Valuation Allowance	(1,098)	(172)	1,178
Foreign Income Tax Rate Differential	(54,798)	(51,360)	(50,041)
Other Adjustments	1,751	645	3,363
Provision for taxes	$ 110,604	$ 106,763	$ 96,615
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%	35.00%

Taxes (Details 4)

Taxes (Details 4) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
TAXES [Abstract]
Inventory	$ 28,973	$ 27,164
Accrued and other liabilities	69,956	74,780
Accrued post-retirement benefit and pension costs	59,175	68,709
Net operating loss and tax credit carryforwards	32,818	45,806
Other	9,778	9,044
Deferred Tax Assets, Gross	200,700	225,503
Valuation Allowance	(25,435)	(36,263)
Deferred Tax Assets, Net	175,265	189,240
Inventory	3,946	3,918
Property, Plant and Equipment	57,373	47,547
Rainin Intangible Amortization	71,388	65,409
Deferred Tax Liabilities, Tax Deferred Expense, Compensation and Benefits, Pension	30,884	36,548
International earnings	14,998	13,506
Deferred Tax Liabilities, Other	120	5,102
Deferred Tax Liabilities	178,709	172,030
Deferred Income Tax Assets, Net	$ (3,444)	$ 17,210

Taxes (Details 5)

Taxes (Details 5) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning Unrecognized Tax Benefits	$ 16,864	$ 18,848
Increases related to current tax positions	2,676	990
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions	186	1,944
Decrease relating to taxing authority settlements	(1,102)	(1,886)
Decreases resulting from a lapse of the applicable statue of limitations	(2,764)	(2,106)
Unrecognized Tax Benefits, Foreign Currency Translation (decreases) increases to prior year tax positions	(601)	(926)
Ending Unrecognized Tax Benefits	$ 15,259	$ 16,864

Taxes (Textuals) (Details)

Taxes (Textuals) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
TAXES [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	35.00%	35.00%	35.00%
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 12	$ 13.6
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	1.9	1.6
Valuation Allowance, Deferred Tax Asset, Change in Amount	10.8	$ 4.6
Deferred Tax Asset and related Valuation Allowance impact on Shareholder's Equity	$ 66.5

Restructuring Charges (Details)

Restructuring Charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restructuring Cost and Reserve
Restructuring Reserve, Beginning	$ 8,436	$ 13,185
Restructuring Charges	11,148	5,915	$ 19,830
Payments for Restructuring	(6,568)	(9,657)
Restructuring Reserve, Translation Adjustment	(805)	(1,007)
Restructuring Reserve, Ending	$ 12,211	$ 8,436	$ 13,185

Restructuring Charges Textuals

Restructuring Charges Textuals (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restructuring Charges [Abstract]
Restructuring Charges	$ 11,148	$ 5,915	$ 19,830

Commitments and Contingencies D

Commitments and Contingencies Detail 1 (Details) $ in Thousands	Dec. 31, 2015USD ($)
Future Minimum Lease Payments Schedule [Abstract]
Future Minimum Payments Due, Current	$ 30,873
Future Minimum Payments, Due in Two Years	22,398
Future Minimum Payments, Due in Three Years	15,276
Future Minimum Payments, Due in Four Years	10,407
Future Minimum Payments, Due in Five Years	8,091
Future Minimum Payments, Due Thereafter	9,504
Future Minimum Payments Due	$ 96,549

Commitments and Contingencies T

Commitments and Contingencies Textuals (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Leases, Operating [Abstract]
Operating Leases, Rent Expense	$ 31.6	$ 34.9	$ 37

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net Sales to External Customers									$ 2,395,447	$ 2,485,983	$ 2,378,972
Revenue Transactions With Other Operating Segments									0	0	0
Total Net Sales	$ 673,535	$ 604,154	$ 582,057	$ 535,701	$ 697,428	$ 629,100	$ 608,834	$ 550,621	2,395,447	2,485,983	2,378,972
Total Segment Profit									532,107	506,871	472,892
Depreciation									33,087	33,617	34,765
Assets	2,018,485				2,009,110				2,018,485	2,009,110	2,152,819
Purchase of property, plant and equipment									(82,506)	(89,388)	(82,349)
Goodwill	446,284				444,085				446,284	444,085	455,842
U.S. Operations Segment
Net Sales to External Customers									825,290	759,135	718,671
Revenue Transactions With Other Operating Segments									87,488	90,463	83,182
Total Net Sales									912,778	849,598	801,853
Segment Profit									147,331	123,080	126,423
Depreciation									6,153	6,068	6,223
Assets	1,511,618				1,294,037				1,511,618	1,294,037	1,242,501
Purchase of property, plant and equipment									(7,113)	(6,627)	(6,297)
Goodwill	317,856				308,861				317,856	308,861	307,933
Swiss Operations Segment
Net Sales to External Customers									134,169	138,581	132,240
Revenue Transactions With Other Operating Segments									454,429	461,171	435,904
Total Net Sales									588,598	599,752	568,144
Segment Profit									163,243	152,090	129,158
Depreciation									6,488	6,621	6,576
Assets	1,137,664				1,018,941				1,137,664	1,018,941	1,090,353
Purchase of property, plant and equipment									(6,650)	(6,567)	(6,801)
Goodwill	21,841				21,873				21,841	21,873	24,288
Western European Operations Segment
Net Sales to External Customers									623,153	708,755	674,278
Revenue Transactions With Other Operating Segments									127,479	124,349	112,049
Total Net Sales									750,632	833,104	786,327
Segment Profit									108,539	120,580	111,951
Depreciation									4,076	4,422	4,708
Assets	1,018,255				1,061,455				1,018,255	1,061,455	1,059,525
Purchase of property, plant and equipment									(5,940)	(5,581)	(6,096)
Goodwill	92,389				99,341				92,389	99,341	108,662
Chinese Operations Segment
Net Sales to External Customers									376,291	415,474	407,131
Revenue Transactions With Other Operating Segments									183,604	155,690	149,084
Total Net Sales									559,895	571,164	556,215
Segment Profit									153,314	160,793	152,459
Depreciation									7,086	6,746	6,527
Assets	510,327				816,801				510,327	816,801	731,650
Purchase of property, plant and equipment									(14,770)	(19,793)	(6,200)
Goodwill	692				740				692	740	746
Other Operations Segment
Net Sales to External Customers									436,544	464,038	446,652
Revenue Transactions With Other Operating Segments									8,087	7,527	6,308
Total Net Sales									444,631	471,565	452,960
Segment Profit									50,454	52,461	49,673
Depreciation									2,883	2,820	2,694
Assets	270,236				261,036				270,236	261,036	257,141
Purchase of property, plant and equipment									(4,306)	(3,315)	(7,172)
Goodwill	13,506				13,270				13,506	13,270	14,213
Eliminations and Corporate Segment
Net Sales to External Customers									0	0	0
Revenue Transactions With Other Operating Segments									(861,087)	(839,200)	(786,527)
Total Net Sales									(861,087)	(839,200)	(786,527)
Segment Profit									(90,774)	(102,133)	(96,772)
Depreciation									6,401	6,940	8,037
Assets	(2,429,615)				(2,443,160)				(2,429,615)	(2,443,160)	(2,228,351)
Purchase of property, plant and equipment									(43,727)	(47,505)	(49,783)
Goodwill	$ 0				$ 0				$ 0	$ 0	$ 0

Segment Reporting Details 1 (De

Segment Reporting Details 1 (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting [Abstract]
Earnings Before Taxes	$ 463,424	$ 445,004	$ 402,709
Amortization	30,951	29,185	24,539
Interest Expense	27,451	24,537	22,711
Restructuring Charges	11,148	5,915	19,830
Other Charges (Income), Net	(867)	2,230	3,103
Total Segment Profit	$ 532,107	$ 506,871	$ 472,892

Segment Reporting Detail 2 (Det

Segment Reporting Detail 2 (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Sales Information
Total Net Sales	$ 673,535	$ 604,154	$ 582,057	$ 535,701	$ 697,428	$ 629,100	$ 608,834	$ 550,621	$ 2,395,447	$ 2,485,983	$ 2,378,972
Laboratory Product and Service Sales [Member]
Segment Sales Information
Total Net Sales									1,154,905	1,161,207	1,100,632
Industrial Product and Service Sales [Member]
Segment Sales Information
Total Net Sales									1,034,310	1,107,606	1,065,605
Retail Product and Service Sales [Member]
Segment Sales Information
Total Net Sales									$ 206,232	$ 217,170	$ 212,735

Segment Reporting Details 3 (De

Segment Reporting Details 3 (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues from External Customers and Long-Lived Assets
Total Net Sales	$ 673,535	$ 604,154	$ 582,057	$ 535,701	$ 697,428	$ 629,100	$ 608,834	$ 550,621	$ 2,395,447	$ 2,485,983	$ 2,378,972
Total Segments Property, Plant and Equipment, Net	517,229				511,462				517,229	511,462
UNITED STATES
Revenues from External Customers and Long-Lived Assets
Total Net Sales									768,815	708,293	665,365
Total Segments Property, Plant and Equipment, Net	132,255				128,125				132,255	128,125
OTHER AMERICAS
Revenues from External Customers and Long-Lived Assets
Total Net Sales									157,962	166,150	167,647
Total Segments Property, Plant and Equipment, Net	4,120				4,110				4,120	4,110
TOTAL AMERICAS
Revenues from External Customers and Long-Lived Assets
Total Net Sales									926,777	874,443	833,012
Total Segments Property, Plant and Equipment, Net	136,375				132,235				136,375	132,235
GERMANY
Revenues from External Customers and Long-Lived Assets
Total Net Sales									176,491	204,747	195,521
Total Segments Property, Plant and Equipment, Net	29,100				32,984				29,100	32,984
FRANCE
Revenues from External Customers and Long-Lived Assets
Total Net Sales									110,477	127,363	122,658
Total Segments Property, Plant and Equipment, Net	5,174				5,802				5,174	5,802
UNITED KINGDOM
Revenues from External Customers and Long-Lived Assets
Total Net Sales									71,679	77,271	65,922
Total Segments Property, Plant and Equipment, Net	15,854				6,112				15,854	6,112
SWITZERLAND
Revenues from External Customers and Long-Lived Assets
Total Net Sales									64,622	71,347	74,574
Total Segments Property, Plant and Equipment, Net	233,763				235,593				233,763	235,593
OTHER EUROPE
Revenues from External Customers and Long-Lived Assets
Total Net Sales									349,178	398,645	377,353
Total Segments Property, Plant and Equipment, Net	6,158				6,983				6,158	6,983
TOTAL EUROPE
Revenues from External Customers and Long-Lived Assets
Total Net Sales									772,447	879,373	836,028
Total Segments Property, Plant and Equipment, Net	290,049				287,474				290,049	287,474
CHINA
Revenues from External Customers and Long-Lived Assets
Total Net Sales									362,950	404,293	396,620
Total Segments Property, Plant and Equipment, Net	82,528				83,412				82,528	83,412
REST OF WORLD
Revenues from External Customers and Long-Lived Assets
Total Net Sales									333,273	327,874	313,312
Total Segments Property, Plant and Equipment, Net	8,277				8,341				8,277	8,341
TOTAL ASIA REST OF WORLD
Revenues from External Customers and Long-Lived Assets
Total Net Sales									696,223	732,167	$ 709,932
Total Segments Property, Plant and Equipment, Net	$ 90,805				$ 91,753				$ 90,805	$ 91,753

Segment Reporting Textuals (Det

Segment Reporting Textuals (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restructuring Charges	$ 11,148	$ 5,915	$ 19,830
Maximum Customer Percentage	1.00%
U.S. Operations Segment
Restructuring Charges	$ 600	2,000
Swiss Operations Segment
Restructuring Charges	2,400	1,300
Western European Operations Segment
Restructuring Charges	2,600	700
Chinese Operations Segment
Restructuring Charges	4,700	1,200
Other Operations Segment
Restructuring Charges	$ 800	$ 700

Quarterly Financial Data (Una90

Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Net Sales	$ 673,535	$ 604,154	$ 582,057	$ 535,701	$ 697,428	$ 629,100	$ 608,834	$ 550,621	$ 2,395,447	$ 2,485,983	$ 2,378,972
Gross profit	390,747	339,529	322,912	298,805	394,382	343,551	328,176	292,641	1,351,993	1,358,750	1,281,931
Net earnings	$ 123,351	$ 88,861	$ 77,557	$ 63,051	$ 121,172	$ 84,996	$ 74,022	$ 58,051	$ 352,820	$ 338,241	$ 306,094
Basic earnings per common share:
Net earnings	$ 4.53	$ 3.23	$ 2.79	$ 2.24	$ 4.27	$ 2.96	$ 2.55	$ 1.98	$ 12.75	$ 11.71	$ 10.22
Weighted average number of common shares	27,228,026	27,547,734	27,843,905	28,115,220	28,398,579	28,732,152	29,074,695	29,370,232	27,680,918	28,890,771	29,945,954
Diluted earnings per common share:
Net earnings	$ 4.44	$ 3.16	$ 2.73	$ 2.19	$ 4.17	$ 2.89	$ 2.49	$ 1.93	$ 12.48	$ 11.44	$ 9.96
Weighted average number of common and common equivalent shares	27,755,045	28,113,287	28,460,336	28,762,935	29,045,269	29,408,614	29,750,815	30,088,245	28,269,615	29,571,308	30,728,482
Market price per share:
Common Stock Value During The Period Maximum	$ 345.75	$ 346.92	$ 343.44	$ 331.84	$ 305.89	$ 272.84	$ 253.18	$ 255.85
Common Stock Value During The Period Mimimum	$ 283.27	$ 277.62	$ 317.01	$ 289.09	$ 233.85	$ 249.99	$ 223.80	$ 231.19

Schedule II Valuation and Qua91

Schedule II Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for Doubtful Accounts
Movement in Valuation Allowances and Reserves [Roll Forward]
Valuation Allowances and Reserves, Balance, Beginning	$ 15,961	$ 14,856	$ 14,120
Valuation Allowances and Reserves, Charged to Cost and Expense	883	2,453	1,775
Valuation Allowances and Reserves, Charged to Other Accounts	(2,302)	(784)	115
Valuation Allowances and Reserves, Deductions	107	564	1,154
Valuation Allowances and Reserves, Balance, Ending	14,435	15,961	14,856
Valuation Allowance of Deferred Tax Assets
Movement in Valuation Allowances and Reserves [Roll Forward]
Valuation Allowances and Reserves, Balance, Beginning	36,263	31,697	23,177
Valuation Allowances and Reserves, Charged to Cost and Expense	0	0	0
Valuation Allowances and Reserves, Charged to Other Accounts	0	5,191	10,131
Valuation Allowances and Reserves, Deductions	10,828	625	1,611
Valuation Allowances and Reserves, Balance, Ending	$ 25,435	$ 36,263	$ 31,697