West Pharmaceutical Services, Inc
(NYSE:WST)

West Pharmaceutical Services, Inc. designs and produces containment and delivery systems for injectable drugs and healthcare products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Proprietary Products and Contract-Manufactured Products....

Website: http://www.westpharma.com

Founded: 1923

Full Time Employees: 8,200

Sector: Healthcare

Industry: Medical Instruments & Supplies

Healthcare

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Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-05-06	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-08-05	2008-06-30	2008-03-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31

net sales	844,900,000	805,000,000	804,600,000	766,500,000	698,000,000	748,800,000	746,900,000	702,100,000	695,400,000	732,000,000	747,400,000	753,800,000	716,600,000	708,700,000	686,900,000	771,300,000	720,000,000	730,800,000	706,500,000	723,600,000	670,700,000	580,200,000	548,000,000	527,200,000	491,500,000	470,600,000	456,100,000	469,700,000	443,500,000	422,500,000	431,700,000	447,500,000	415,700,000	415,600,000	398,200,000	397,600,000	387,700,000	382,300,000	376,700,000	388,000,000	362,100,000	359,700,000	344,500,000	359,700,000	335,900,000	349,800,000	355,900,000	368,900,000	346,800,000	342,700,000	341,800,000	344,500,000	339,400,000	321,500,000	303,800,000	324,800,000	316,300,000	-896,898,807.7	293,600,000	307,900,000	295,400,000	-827,898,895.3	271,400,000	281,800,000	274,700,000	274,700,000	293,400,000	258,900,000	261,000,000	242,400,000	244,800,000	256,200,000	279,300,000	279,300,000	270,700,000	242,700,000	263,700,000	257,600,000
yoy	21.05%	7.51%	7.73%	9.17%	0.37%	2.30%	-0.07%	-6.86%	-2.96%	3.29%	8.81%	-2.27%	-0.47%	-3.02%	-2.77%	6.59%	7.35%	25.96%	28.92%	37.25%	36.46%	23.29%	20.15%	12.24%	10.82%	11.38%	5.65%	4.96%	6.69%	1.66%	8.41%	12.55%	7.22%	8.71%	5.71%	2.47%	7.07%	6.28%	9.35%	7.87%	7.80%	2.83%	-3.20%	-2.49%	-3.14%	2.07%	4.13%	7.08%	2.18%	6.59%	12.51%	6.07%	7.30%	-135.85%	3.47%	5.49%	7.08%	8.33%	8.18%	9.26%	7.54%	-401.38%	-7.50%	8.85%	5.25%	13.33%	19.85%	1.05%	-6.55%	-13.21%	-9.57%	5.56%	5.92%	8.42%
qoq	4.96%	0.05%	4.97%	9.81%	-6.78%	0.25%	6.38%	0.96%	-5.00%	-2.06%	-0.85%	5.19%	1.11%	3.17%	-10.94%	7.13%	-1.48%	3.44%	-2.36%	7.89%	15.60%	5.88%	3.95%	7.26%	4.44%	3.18%	-2.90%	5.91%	4.97%	-2.13%	-3.53%	7.65%	0.02%	4.37%	0.15%	2.55%	1.41%	1.49%	-2.91%	7.15%	0.67%	4.41%	-4.23%	7.09%	-3.97%	-1.71%	-3.52%	6.37%	1.20%	0.26%	-0.78%	1.50%	5.57%	5.83%	-6.47%	2.69%	-135.27%	-405.48%	-4.64%	4.23%	-135.68%	-405.05%	-3.69%	2.58%	0.00%	-6.37%	13.33%	-0.80%	7.67%	-0.98%	-4.45%	-8.27%	0.00%	3.18%	11.54%	-7.96%	2.37%
cost of goods and services sold	548,500,000	501,100,000	510,300,000	492,600,000	466,100,000	475,200,000	482,200,000	472,100,000	465,200,000	453,800,000	459,100,000	462,400,000	445,300,000	446,600,000	418,900,000	449,800,000	435,400,000	430,200,000	418,300,000	408,500,000	398,800,000	369,100,000	353,400,000	332,100,000	324,500,000	317,400,000	308,300,000	311,800,000	296,700,000	289,300,000	296,100,000	305,300,000	281,300,000	287,100,000	273,200,000	272,600,000	253,600,000	258,900,000	255,600,000	254,700,000	238,800,000	240,100,000	236,200,000	241,500,000	226,200,000	240,100,000	246,000,000	247,100,000	240,400,000	236,100,000	236,300,000	233,600,000	227,700,000	163,675,000	213,400,000	226,100,000	215,200,000	160,725,000	212,200,000	223,300,000	207,400,000	146,950,000	196,700,000	198,600,000	192,500,000	192,500,000	135,650,000	187,200,000	182,300,000	173,100,000
gross profit	296,400,000	303,900,000	294,300,000	273,900,000	231,900,000	273,600,000	264,700,000	230,000,000	230,200,000	278,200,000	288,300,000	291,400,000	271,300,000	262,100,000	268,000,000	321,500,000	284,600,000	300,600,000	288,200,000	315,100,000	271,900,000	211,100,000	194,600,000	195,100,000	167,000,000	153,200,000	147,800,000	157,900,000	146,800,000	133,200,000	135,600,000	142,200,000	134,400,000	128,500,000	125,000,000	125,000,000	134,100,000	123,400,000	121,100,000	133,300,000	123,300,000	119,600,000	108,300,000	118,200,000	109,700,000	109,700,000	109,900,000	121,800,000	106,400,000	106,600,000	105,500,000	110,900,000	111,700,000	72,550,000	90,400,000	98,700,000	101,100,000	63,500,000	81,400,000	84,600,000	88,000,000	60,025,000	74,700,000	83,200,000	82,200,000	82,200,000	54,925,000	71,700,000	78,700,000	69,300,000	69,600,000	66,000,000	83,600,000	83,600,000	83,500,000	64,300,000	76,700,000	80,400,000
yoy	27.81%	11.07%	11.18%	19.09%	0.74%	-1.65%	-8.19%	-21.07%	-15.15%	6.14%	7.57%	-9.36%	-4.67%	-12.81%	-7.01%	2.03%	4.67%	42.40%	48.10%	61.51%	62.81%	37.79%	31.66%	23.56%	13.76%	15.02%	9.00%	11.04%	9.23%	3.66%	8.48%	13.76%	0.22%	4.13%	3.22%	-6.23%	8.76%	3.18%	11.82%	12.77%	12.40%	9.02%	-1.46%	-2.96%	3.10%	2.91%	4.17%	9.83%	-4.74%	46.93%	16.70%	12.36%	10.48%	14.25%	11.06%	16.67%	14.89%	5.79%	8.97%	1.68%	7.06%	-26.98%	36.00%	16.04%	4.45%	18.61%	-21.08%	8.64%	-5.86%	-17.11%	-16.65%	2.64%	9.00%	3.98%
qoq	-2.47%	3.26%	7.45%	18.11%	-15.24%	3.36%	15.09%	-0.09%	-17.25%	-3.50%	-1.06%	7.41%	3.51%	-2.20%	-16.64%	12.97%	-5.32%	4.30%	-8.54%	15.89%	28.80%	8.48%	-0.26%	16.83%	9.01%	3.65%	-6.40%	7.56%	10.21%	-1.77%	-4.64%	5.80%	4.59%	2.80%	0.00%	-6.79%	8.67%	1.90%	-9.15%	8.11%	3.09%	10.43%	-8.38%	7.75%	0.00%	-0.18%	-9.77%	14.47%	-0.19%	1.04%	-4.87%	-0.72%	53.96%	-19.75%	-8.41%	-2.37%	59.21%	-21.99%	-3.78%	-3.86%	46.61%	-19.65%	-10.22%	1.22%	0.00%	49.66%	-23.40%	-8.89%	13.56%	-0.43%	5.45%	-21.05%	0.00%	0.12%	29.86%	-16.17%	-4.60%
gross margin %	35.08%	37.75%	36.58%	35.73%	33.22%	36.54%	35.44%	32.76%	33.10%	38.01%	38.57%	38.66%	37.86%	36.98%	39.02%	41.68%	39.53%	41.13%	40.79%	43.55%	40.54%	36.38%	35.51%	37.01%	33.98%	32.55%	32.41%	33.62%	33.10%	31.53%	31.41%	31.78%	32.33%	30.92%	31.39%	31.44%	34.59%	32.28%	32.15%	34.36%	34.05%	33.25%	31.44%	32.86%	32.66%	31.36%	30.88%	33.02%	30.68%	31.11%	30.87%	32.19%	32.91%	22.57%	29.76%	30.39%	31.96%	-7.08%	27.72%	27.48%	29.79%	-7.25%	27.52%	29.52%	29.92%	29.92%	18.72%	27.69%	30.15%	28.59%	28.43%	25.76%	29.93%	29.93%	30.85%	26.49%	29.09%	31.21%
research and development	15,800,000	21,800,000	17,100,000	19,100,000	16,300,000	18,500,000	15,500,000	17,500,000	17,600,000	18,400,000	16,400,000	16,500,000	17,100,000	15,900,000	13,600,000	14,400,000	14,600,000	13,700,000	13,100,000	13,800,000	12,200,000	12,900,000	12,500,000	10,800,000	10,700,000	10,200,000	9,300,000	9,600,000	9,800,000	9,800,000	10,100,000	10,800,000	9,600,000	9,700,000	9,100,000	10,000,000	10,300,000	9,600,000	9,000,000	8,800,000	9,400,000	10,000,000	8,500,000	8,100,000	7,500,000	7,800,000	9,600,000	9,900,000	10,000,000	9,700,000	9,600,000	9,500,000	9,100,000	6,150,000	8,200,000	8,200,000	8,300,000	5,475,000	7,700,000	7,300,000	6,900,000	4,250,000	5,900,000	5,700,000	5,400,000	5,400,000	3,525,000	5,100,000	4,700,000	4,300,000	3,900,000	4,600,000	4,900,000	4,900,000	5,400,000	4,100,000	3,800,000	3,600,000
selling, general and administrative expenses	99,500,000	107,000,000	102,700,000	95,900,000	88,000,000	85,300,000	83,500,000	83,000,000	86,700,000	90,000,000	89,000,000	88,400,000	86,000,000	85,700,000	66,300,000	81,500,000	83,400,000	98,000,000	91,900,000	92,700,000	80,200,000	76,300,000	76,200,000	77,700,000	71,800,000	69,000,000	64,800,000	70,300,000	68,600,000	59,700,000	64,900,000	70,000,000	68,300,000	58,900,000	61,500,000	60,600,000	61,600,000	60,900,000	58,300,000	62,500,000	58,100,000	62,400,000	54,600,000	60,800,000	55,200,000	58,800,000	56,000,000	57,500,000	56,400,000	60,000,000	56,100,000	59,700,000	59,100,000	39,875,000	53,700,000	54,400,000	51,300,000	36,200,000	45,700,000	48,500,000	50,600,000	34,300,000	44,900,000	45,800,000	46,600,000	46,600,000	33,075,000	44,300,000	45,100,000	42,900,000	36,800,000	41,500,000	40,900,000	40,900,000	40,100,000	37,700,000	38,200,000	37,000,000
other expense	4,000,000	18,500,000	6,900,000	5,200,000	20,600,000	10,200,000	4,400,000	3,300,000	3,100,000	8,900,000	5,600,000	4,000,000	12,900,000	30,800,000	1,900,000	-2,800,000	-3,100,000	4,900,000	1,800,000	-2,700,000	3,900,000	5,800,000	6,700,000	3,000,000		-4,100,000	6,400,000	-2,500,000	-2,300,000	-2,100,000	-200,000	1,100,000	3,100,000	-1,100,000	-9,500,000	11,700,000	900,000	-1,400,000	2,500,000	800,000	25,800,000	2,000,000	48,700,000	10,200,000	-800,000	-1,500,000	300,000	300,000	700,000																											9,600,000		200,000
operating profit	177,100,000	156,600,000	167,600,000	153,700,000	107,000,000	159,600,000	161,300,000	126,200,000	122,800,000	160,900,000	177,300,000	182,500,000	155,300,000	129,700,000	186,200,000	228,400,000	189,700,000	184,000,000	181,400,000	211,300,000	175,600,000	116,100,000	99,200,000	103,600,000	88,000,000	78,100,000	67,300,000	80,500,000	70,700,000	65,800,000	60,800,000	60,300,000	53,400,000	61,000,000	63,900,000	42,700,000	61,300,000	54,300,000	51,300,000	61,200,000	30,000,000	45,200,000	-3,500,000	39,100,000	47,800,000	44,600,000	44,000,000	54,100,000	39,300,000	36,900,000	39,700,000	42,500,000	43,300,000	31,500,000	26,300,000	35,600,000	41,700,000	-82,599,890.4	26,100,000	27,800,000	28,800,000	-84,799,909.3	25,300,000	30,500,000	28,900,000	28,900,000	21,700,000	25,900,000	28,600,000	21,200,000	25,600,000	17,900,000	42,600,000	42,600,000	38,100,000	12,900,000	34,900,000	39,600,000
yoy	65.51%	-1.88%	3.91%	21.79%	-12.87%	-0.81%	-9.02%	-30.85%	-20.93%	24.06%	-4.78%	-20.10%	-18.13%	-29.51%	2.65%	8.09%	8.03%	58.48%	82.86%	103.96%	99.55%	48.66%	47.40%	28.70%	24.47%	18.69%	10.69%	33.50%	32.40%	7.87%	-4.85%	41.22%	-12.89%	12.34%	24.56%	-30.23%	104.33%	20.13%	-1565.71%	56.52%	-37.24%	1.35%	-107.95%	-27.73%	21.63%	20.87%	10.83%	27.29%	-9.24%	17.14%	50.95%	19.38%	3.84%	-138.14%	0.77%	28.06%	44.79%	-2.59%	3.16%	-8.85%	-0.35%	-393.43%	16.59%	17.76%	1.05%	36.32%	-15.23%	44.69%	-32.86%	-50.23%	-32.81%	38.76%	22.06%	7.58%
qoq	13.09%	-6.56%	9.04%	43.64%	-32.96%	-1.05%	27.81%	2.77%	-23.68%	-9.25%	-2.85%	17.51%	19.74%	-30.34%	-18.48%	20.40%	3.10%	1.43%	-14.15%	20.33%	51.25%	17.04%	-4.25%	17.73%	12.68%	16.05%	-16.40%	13.86%	7.45%	8.22%	0.83%	12.92%	-12.46%	-4.54%	49.65%	-30.34%	12.89%	5.85%	-16.18%	104.00%	-33.63%	-1391.43%	-108.95%	-18.20%	7.17%	1.36%	-18.67%	37.66%	6.50%	-7.05%	-6.59%	-1.85%	37.46%	19.77%	-26.12%	-14.63%	-150.48%	-416.47%	-6.12%	-3.47%	-133.96%	-435.18%	-17.05%	5.54%	0.00%	33.18%	-16.22%	-9.44%	34.91%	-17.19%	43.02%	-57.98%	0.00%	11.81%	195.35%	-63.04%	-11.87%
operating margin %	20.96%	19.45%	20.83%	20.05%	15.33%	21.31%	21.60%	17.97%	17.66%	21.98%	23.72%	24.21%	21.67%	18.30%	27.11%	29.61%	26.35%	25.18%	25.68%	29.20%	26.18%	20.01%	18.10%	19.65%	17.90%	16.60%	14.76%	17.14%	15.94%	15.57%	14.08%	13.47%	12.85%	14.68%	16.05%	10.74%	15.81%	14.20%	13.62%	15.77%	8.29%	12.57%	-1.02%	10.87%	14.23%	12.75%	12.36%	14.67%	11.33%	10.77%	11.61%	12.34%	12.76%	9.80%	8.66%	10.96%	13.18%	9.21%	8.89%	9.03%	9.75%	10.24%	9.32%	10.82%	10.52%	10.52%	7.40%	10.00%	10.96%	8.75%	10.46%	6.99%	15.25%	15.25%	14.07%	5.32%	13.23%	15.37%
interest expense	1,900,000	-200,000	200,000	100,000	400,000	-800,000	700,000	1,500,000	1,600,000	1,200,000	2,900,000	2,700,000	2,200,000	1,700,000	2,200,000	1,800,000	2,200,000	2,600,000	1,800,000	1,900,000	1,900,000	2,100,000	2,100,000	2,000,000	2,000,000	2,100,000	2,100,000	2,000,000	2,300,000	2,300,000	2,000,000	2,200,000	1,900,000	2,100,000	1,300,000	2,300,000	2,100,000	1,400,000	2,200,000	2,000,000	2,500,000	2,900,000	3,700,000	3,400,000	4,100,000	3,800,000	4,500,000	4,200,000	4,000,000	3,900,000	4,400,000	4,100,000	4,600,000	3,300,000	4,400,000	4,600,000	4,300,000	3,450,000	4,500,000	4,600,000	4,700,000	3,025,000	4,200,000	3,900,000	4,000,000	4,000,000	2,775,000	3,800,000	3,500,000	3,900,000	3,400,000	4,300,000	4,200,000	4,200,000	4,100,000	3,900,000	3,900,000	2,900,000
interest income	-5,100,000	-5,100,000	-4,700,000	-3,600,000	-4,100,000	-4,800,000	-4,600,000	-4,000,000	-6,200,000	-9,400,000	-8,800,000	-5,000,000	-4,800,000	-2,900,000	-1,500,000	-400,000	-300,000	-300,000	-400,000	-200,000	-100,000	-200,000	-200,000	-200,000	-800,000	-1,300,000	-1,000,000	-600,000	-900,000	-700,000	-500,000	-300,000	-600,000	400,000	300,000	300,000	300,000	300,000	200,000	300,000	300,000	300,000	500,000	400,000	400,000	800,000	1,800,000	500,000	400,000	500,000	400,000	400,000	600,000	375,000	500,000	600,000	-400,000	-225,000	-400,000	-300,000	-200,000	-75,000	-100,000	-100,000	-100,000	-100,000	-150,000	-300,000	-100,000	-300,000	700,000	-400,000	-700,000	-700,000
other nonoperating expense	200,000	400,000	200,000	200,000	200,000	300,000	700,000			900,000	-3,800,000	-100,000		2,200,000	49,300,000	-200,000		-200,000	-1,100,000	-1,400,000	-1,100,000	-900,000	-400,000	-200,000	300,000	-100,000	1,300,000
income before income taxes and equity in net income of affiliated companies	180,100,000	161,500,000	171,900,000	157,000,000	110,500,000	164,900,000	164,500,000	128,700,000	127,400,000	168,200,000	187,000,000	184,900,000	157,900,000
income tax expense	44,700,000	33,300,000	34,000,000	30,200,000	24,100,000	36,800,000	32,400,000	21,900,000	16,400,000	34,500,000	29,400,000	34,800,000	23,600,000	28,900,000	20,400,000	44,200,000	21,200,000	34,200,000	12,000,000	32,300,000	28,700,000	20,400,000	21,100,000	16,000,000	15,000,000	16,500,000	10,900,000	15,500,000	16,100,000	14,900,000	8,000,000	6,000,000	12,500,000	61,800,000	14,000,000	2,900,000	2,200,000	16,100,000	14,400,000	17,000,000	6,900,000	11,200,000	-6,600,000	9,200,000	12,500,000	11,700,000	11,700,000	14,000,000	9,800,000	10,700,000	10,600,000	10,300,000	8,600,000	6,375,000	9,000,000	6,500,000	9,800,000	4,475,000	6,600,000	5,300,000	6,100,000	4,325,000	4,500,000	6,600,000	6,200,000	6,200,000	3,650,000	6,000,000	6,000,000	2,500,000	3,700,000	800,000	10,800,000	10,800,000	8,500,000
equity in net income of affiliated companies	-3,400,000	-3,900,000	-2,100,000	-5,000,000	-3,400,000	-2,000,000	-3,900,000	-4,500,000	-4,300,000	-3,300,000	-3,700,000	-5,000,000	-5,700,000	-3,200,000	-4,800,000	-5,500,000	-7,200,000		-6,500,000	-8,600,000	-5,000,000	-3,700,000	-5,700,000	-5,200,000	-2,800,000	-3,000,000	-2,300,000	-2,000,000	-1,600,000	-1,100,000	-2,100,000	-2,000,000	-2,400,000	2,500,000	2,100,000	1,000,000	3,600,000	2,000,000	2,700,000	2,200,000	1,200,000	2,000,000	1,600,000	900,000	1,300,000	1,500,000	1,400,000	1,200,000	1,200,000	800,000	1,700,000	1,700,000	1,200,000	1,200,000	1,400,000	2,100,000	1,200,000	1,225,000	1,500,000	1,900,000	1,400,000	900,000	1,100,000	1,600,000	1,000,000	1,000,000	400,000	800,000	500,000	300,000		300,000	600,000	600,000		600,000	400,000	500,000
net income	138,800,000	132,100,000	140,000,000	131,800,000	89,800,000	130,100,000	136,000,000	111,300,000	115,300,000	137,000,000	161,300,000	155,100,000	140,000,000	103,000,000	120,600,000	188,500,000	173,800,000	147,700,000	175,600,000	187,300,000	151,200,000	98,400,000	82,300,000	91,200,000	74,300,000	63,900,000	56,300,000	66,100,000	55,400,000	52,000,000	55,200,000	56,100,000	43,600,000		51,000,000	38,800,000	60,900,000	39,100,000	37,600,000	44,700,000	22,100,000	33,400,000	1,500,000	27,800,000	32,900,000	31,400,000	31,000,000	37,600,000	27,100,000	23,600,000	26,800,000	30,200,000	31,700,000	21,100,000	14,800,000	15,600,000	29,200,000	-56,699,924.5	16,900,000	20,100,000	19,600,000	-59,299,934.7	17,800,000	21,700,000	19,800,000	19,800,000	20,300,000	17,200,000	19,700,000	15,400,000	17,700,000	13,300,000	28,700,000	28,700,000	26,200,000	12,200,000	26,000,000	26,500,000
yoy	54.57%	1.54%	2.94%	18.42%	-22.12%	-5.04%	-15.69%	-28.24%	-17.64%	33.01%	33.75%	-17.72%	-19.45%	-30.26%	-31.32%	0.64%	14.95%	50.10%	113.37%	105.37%	103.50%	53.99%	46.18%	37.97%	34.12%	22.88%	1.99%	17.83%	27.06%		8.24%	44.59%	-28.41%		35.64%	-13.20%	175.57%	17.07%	2406.67%	60.79%	-32.83%	6.37%	-95.16%	-26.06%	21.40%	33.05%	15.67%	24.50%	-14.51%	11.85%	81.08%	93.59%	8.56%	-137.21%	-12.43%	-22.39%	48.98%	-4.38%	-5.06%	-7.37%	-1.01%	-399.49%	-12.32%	26.16%	0.51%	28.57%	14.69%	29.32%	-31.36%	-46.34%	-32.44%	9.02%	10.38%	8.30%
qoq	5.07%	-5.64%	6.22%	46.77%	-30.98%	-4.34%	22.19%	-3.47%	-15.84%	-15.07%	4.00%	10.79%	35.92%	-14.59%	-36.02%	8.46%	17.67%	-15.89%	-6.25%	23.88%	53.66%	19.56%	-9.76%	22.75%	16.28%	13.50%	-14.83%	19.31%	6.54%	-5.80%	-1.60%	28.67%			31.44%	-36.29%	55.75%	3.99%	-15.88%	102.26%	-33.83%	2126.67%	-94.60%	-15.50%	4.78%	1.29%	-17.55%	38.75%	14.83%	-11.94%	-11.26%	-4.73%	50.24%	42.57%	-5.13%	-46.58%	-151.50%	-435.50%	-15.92%	2.55%	-133.05%	-433.15%	-17.97%	9.60%	0.00%	-2.46%	18.02%	-12.69%	27.92%	-12.99%	33.08%	-53.66%	0.00%	9.54%	114.75%	-53.08%	-1.89%
net income margin %	16.43%	16.41%	17.40%	17.20%	12.87%	17.37%	18.21%	15.85%	16.58%	18.72%	21.58%	20.58%	19.54%	14.53%	17.56%	24.44%	24.14%	20.21%	24.85%	25.88%	22.54%	16.96%	15.02%	17.30%	15.12%	13.58%	12.34%	14.07%	12.49%	12.31%	12.79%	12.54%	10.49%	0%	12.81%	9.76%	15.71%	10.23%	9.98%	11.52%	6.10%	9.29%	0.44%	7.73%	9.79%	8.98%	8.71%	10.19%	7.81%	6.89%	7.84%	8.77%	9.34%	6.56%	4.87%	4.80%	9.23%	6.32%	5.76%	6.53%	6.64%	7.16%	6.56%	7.70%	7.21%	7.21%	6.92%	6.64%	7.55%	6.35%	7.23%	5.19%	10.28%	10.28%	9.68%	5.03%	9.86%	10.29%
net income per share
basic	1.93	1.83	1.94	1.82	1.24	1.79	1.87	1.52	1.57	1.85	2.17	2.08	1.88	1.38	1.62	2.53	2.34	1.94	2.37	2.53	2.04	1.33	1.11	1.24	1.01	0.87	0.76	0.9	0.75	0.7	0.75	0.76	0.59		0.69	0.53	0.83	0.53	0.51	0.61	0.31	0.47	0.02	0.39	0.46	0.44	0.44	0.53	0.38	0.33	0.38	0.87	0.92	0.62	0.43	0.46	0.86	0.423	0.5	0.6	0.59	0.445	0.53	0.65	0.6	0.6	0.4	0.52	0.6	0.47					0.81
diluted	1.92	1.82	1.92	1.82	1.23	1.78	1.85	1.51	1.55	1.83	2.14	2.06	1.85	1.37	1.59	2.48	2.29	1.89	2.31	2.47	1.99	1.29	1.09	1.21	0.99	0.85	0.75	0.88	0.73	0.69	0.73	0.75	0.58		0.67	0.51	0.81	0.51	0.5	0.6	0.3	0.45	0.02	0.38	0.45	0.43	0.43	0.52	0.38	0.32	0.37	0.86	0.9	0.6	0.43	0.45	0.81	0.405	0.49	0.57	0.56	0.425	0.51	0.62	0.57	0.57	0.383	0.5	0.57
weighted-average shares outstanding:
basic	72	72.3	72.2	72.2	72.5	73	72.8	73	73.5	74.3	74.3	74.3	74.5	74.4	74.4	74.4	74.4	74.4	74.1	74	73.9	73.9	73.9	73.8	73.9	74	74	73.7	74.1	73.9	73.9	73.6	73.9	73.9	74.2	73.9	73.3	73.3	73.3	73.3	72.5	72	72.2	72	71.7	70.9	71	70.8	70.6	69.6	69.8	34.7	34.5		34.1	34	33.9		33.8	33.6	33.4		33.4	33.3
diluted	72.4	72.7	72.6	72.5	73	73.7	73.4	73.7	74.3	75.3	75.3	75.4	75.7	75.8	75.7	75.8	76	76.3	76	75.7	75.8	75.8	75.8	75.5	75.5	75.4	75.5	75.1	75.3	75.4	75.7	75	75.5	75.8	75.9	75.8	74.9	75	75	74.8	74.1	73.8	73.9	73.7	73.3	72.8	72.6	72.4	72.3	71.4	71.4	35.4	35.1		34.7	36.6	37.1		37	37	36.8		36.7	36.7
income before income taxes														137,800,000	136,200,000	227,200,000	187,800,000	181,900,000	181,100,000	211,000,000	174,900,000	115,100,000	97,700,000	102,000,000	86,500,000	77,400,000	64,900,000	79,600,000	69,900,000	65,800,000	61,100,000	60,100,000	53,700,000	59,300,000	62,900,000	40,700,000	59,500,000	53,200,000	49,300,000	59,500,000	27,800,000	42,600,000	-6,700,000	36,100,000	44,100,000	41,600,000	41,300,000	50,400,000	35,700,000	33,500,000	35,700,000	38,800,000	39,100,000	20,075,000	22,400,000	20,000,000	37,800,000	17,425,000	22,000,000	23,500,000	24,300,000	18,250,000	21,200,000	26,700,000	25,000,000	25,000,000	16,325,000	22,400,000	25,200,000	17,600,000
other income																									-3,500,000
other nonoperating income																												-500,000	-600,000	-1,600,000	-1,800,000	-1,700,000	-1,600,000
dividends declared per share																														0.15	0.15	0.14	0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.12	0.12	0.12	0.12	0.11	0.11	0.1	0.11	0.1	0.1	0.1	0.1	0.19	0.19	0.09		0.18	0.18	0.085		0.17	0.17	0.08		0.16
loss on debt extinguishment																																																					200,000	2,900,000		11,600,000
restructuring and other items																																																			100,000	-800,000	200,000	625,000	2,200,000	500,000	-200,000	1,175,000	1,900,000	1,000,000	1,700,000	275,000	-1,400,000	1,200,000	1,300,000	1,300,000	-625,000	-3,600,000	300,000	900,000	3,300,000	2,000,000	-4,800,000	-4,800,000
weighted-average common shares outstanding																																																						34				33.7				33.3			33.1	33.1		32.9	32.8
weighted-average shares assuming dilution																																																						35.9				37				36.7			36.5	36.5		36.4	36.2
less: net income attributable to noncontrolling interests
net income attributable to common shareholders																																																																			20,300,000	17,200,000	19,700,000
net income attributable to west																																																																						15,400,000
net income per share
basic	1.93	1.83	1.94	1.82	1.24	1.79	1.87	1.52	1.57	1.85	2.17	2.08	1.88	1.38	1.62	2.53	2.34	1.94	2.37	2.53	2.04	1.33	1.11	1.24	1.01	0.87	0.76	0.9	0.75	0.7	0.75	0.76	0.59		0.69	0.53	0.83	0.53	0.51	0.61	0.31	0.47	0.02	0.39	0.46	0.44	0.44	0.53	0.38	0.33	0.38	0.87	0.92	0.62	0.43	0.46	0.86	0.423	0.5	0.6	0.59	0.445	0.53	0.65	0.6	0.6	0.4	0.52	0.6	0.47					0.81
assuming dilution																																																																						0.46					0.76
average common shares outstanding																																																																						32.7		32.5	32.4	32.4	32.2	32.7	32.9	32.7
average shares assuming dilution																																																																						36.1		36.2	36.3	36.3	36.1	36.8	37.1	34.5
cost of goods sold																																																																							143,325,000	190,200,000	195,700,000	195,700,000	187,200,000	178,400,000	187,000,000	177,200,000
income before income taxes and minority interests																																																																							21,500,000	14,000,000	39,100,000	39,100,000	35,000,000	10,900,000	33,200,000	37,300,000
minority interests																																																																							100,000	200,000	200,000	200,000	200,000	100,000	100,000	100,000
income from consolidated operations																																																																							17,700,000	13,000,000	28,100,000	28,100,000	26,300,000	11,600,000	26,100,000	26,000,000
income from continuing operations																																																																							17,700,000	13,300,000	28,700,000	28,700,000		12,200,000	26,500,000	26,500,000
discontinued operations, net of tax
net income per share
basic -
continuing operations																																																																							0.54	0.41	0.89	0.89		0.37	0.8	0.81
discontinued operations
assuming dilution -
assuming dilution:
provision for income taxes																																																																													7,000,000	11,200,000
basic:
dividends declared per common share																																																																												0.27		0.13

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-05-06	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-08-05	2008-06-30	2008-03-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31

assets
current assets:
cash and cash equivalents	521,400,000	791,300,000	628,500,000	509,700,000	404,200,000	484,600,000	490,900,000	446,200,000	601,800,000	853,900,000	898,600,000	796,300,000	886,300,000	894,300,000	729,000,000	718,500,000	667,700,000	762,600,000	688,000,000	576,200,000	483,700,000	615,500,000	519,400,000	445,900,000	335,300,000	439,100,000	396,000,000	326,700,000	265,500,000	337,400,000	297,300,000	225,500,000	199,800,000	235,900,000	269,300,000	226,600,000	169,400,000	203,000,000	205,900,000	202,700,000	178,100,000	274,600,000	256,800,000	252,000,000	207,100,000	255,300,000	246,800,000	226,700,000	230,000,000		221,700,000	190,600,000
accounts receivable	685,600,000	574,400,000	625,000,000	582,400,000	543,600,000	552,500,000	524,300,000	479,400,000	524,000,000	512,000,000	519,100,000	534,400,000	513,400,000	507,400,000	485,300,000	528,400,000	498,700,000	489,000,000	476,400,000	480,500,000	465,700,000	385,300,000	373,000,000	340,600,000	333,000,000	319,300,000	316,100,000	330,800,000	318,200,000	288,200,000	302,900,000	296,700,000	290,400,000	253,200,000	251,800,000	242,400,000	224,800,000	200,500,000	209,500,000	219,000,000	209,600,000	181,400,000	194,600,000	198,800,000	189,500,000	179,000,000	195,900,000	209,600,000	208,700,000	185,700,000	198,200,000	195,300,000	189,000,000	175,000,000	182,900,000	185,000,000	176,000,000	147,200,000	153,100,000	165,700,000	161,200,000	126,400,000	142,800,000	145,700,000	146,600,000	146,600,000	138,700,000	142,500,000	143,400,000	137,200,000	128,600,000	140,600,000	159,200,000	159,200,000	151,900,000		136,700,000	143,300,000	109,500,000
inventories	452,600,000	443,900,000	438,000,000	421,100,000	388,700,000	377,000,000	401,200,000	419,200,000	429,900,000	434,700,000	431,800,000	449,400,000	447,000,000	414,800,000	413,100,000	411,600,000	416,500,000	378,400,000	353,800,000	345,200,000	310,200,000	321,300,000	294,900,000	274,800,000	251,000,000	235,700,000	230,400,000	232,300,000	226,100,000	214,500,000	206,800,000	208,200,000	215,700,000	215,200,000	215,800,000	211,300,000	212,300,000	199,300,000	201,100,000	197,700,000	194,100,000	181,100,000	187,700,000	187,200,000	183,400,000	181,500,000	185,700,000	187,900,000	187,500,000	176,900,000	176,700,000	176,500,000	173,500,000	162,200,000	165,900,000	159,200,000	158,200,000	151,800,000	155,500,000	161,200,000	157,100,000	147,000,000	148,400,000	143,300,000	144,800,000	144,800,000	129,200,000	135,900,000	130,000,000	120,000,000	115,700,000	124,700,000	127,300,000	127,300,000	119,300,000	119,700,000	111,700,000	107,700,000	97,500,000
other current assets	167,200,000	168,600,000	131,800,000	167,700,000	121,000,000	124,000,000	134,200,000	138,200,000	137,200,000	135,800,000	122,800,000	94,100,000	90,500,000	103,000,000	106,200,000	112,600,000	107,600,000	112,000,000	80,100,000	75,100,000	67,400,000	51,600,000	51,000,000	49,300,000	58,200,000	64,600,000	61,600,000	54,500,000	57,800,000	54,300,000	43,100,000	36,500,000	37,600,000	39,200,000	40,000,000	37,500,000	46,100,000	39,100,000	41,600,000	39,800,000	48,900,000	36,600,000	33,500,000	33,700,000	36,400,000	35,700,000	32,700,000	44,400,000	44,100,000	34,700,000	30,100,000	33,800,000	35,100,000	38,100,000	36,000,000	32,900,000	34,500,000	73,300,000	65,000,000	61,600,000	56,900,000	42,500,000	44,600,000	40,000,000	40,300,000	40,300,000	38,400,000	36,800,000	31,600,000	29,500,000	25,300,000	31,300,000	39,000,000	39,000,000	36,000,000	22,900,000	21,000,000	19,000,000	21,300,000
total current assets	1,826,800,000	1,978,200,000	1,823,300,000	1,680,900,000	1,457,500,000	1,538,100,000	1,550,600,000	1,483,000,000	1,692,900,000	1,936,400,000	1,972,300,000	1,874,200,000	1,937,200,000	1,919,500,000	1,733,600,000	1,771,100,000	1,690,500,000	1,742,000,000	1,598,300,000	1,477,000,000	1,327,000,000	1,373,700,000	1,238,300,000	1,110,600,000	977,500,000	1,058,700,000	1,004,100,000	944,300,000	867,600,000	894,400,000	850,100,000	766,900,000	743,500,000	743,500,000	776,900,000	717,800,000	652,600,000	641,900,000	658,100,000	659,200,000	630,700,000	673,700,000	680,900,000	679,900,000	625,100,000	659,300,000	679,500,000	685,400,000	686,600,000	650,700,000	643,500,000	613,300,000	589,700,000	557,300,000	557,300,000	517,000,000	502,800,000	472,000,000	503,500,000	510,400,000	481,100,000	436,600,000	441,200,000	403,900,000	404,900,000	404,900,000	397,200,000	399,100,000	396,200,000	356,200,000	366,200,000	410,500,000	443,400,000	443,400,000	419,800,000	436,600,000	452,300,000	432,200,000	281,700,000
property, plant and equipment	3,223,000,000	3,223,400,000	3,232,900,000	3,177,600,000	3,005,400,000	2,985,800,000	2,990,700,000	2,863,600,000	2,791,300,000	2,738,000,000	2,607,100,000	2,543,300,000	2,478,900,000	2,386,600,000	2,232,900,000	2,246,000,000	2,237,000,000	2,215,000,000	2,146,100,000	2,098,400,000	2,028,600,000	2,035,500,000	1,939,100,000	1,858,100,000	1,816,900,000	1,820,100,000	1,779,800,000	1,786,800,000	1,759,900,000	1,752,700,000	1,745,800,000	1,737,000,000	1,775,300,000	1,745,800,000	1,701,200,000	1,646,700,000	1,583,600,000	1,554,700,000	1,551,100,000	1,498,800,000	1,482,700,000	1,440,300,000	1,398,300,000	1,380,300,000	1,349,100,000	1,390,800,000	1,381,700,000	1,402,300,000	1,385,000,000	1,369,000,000	1,328,400,000	1,289,100,000	1,271,400,000	1,274,800,000	1,226,800,000	1,185,400,000	1,184,900,000	1,136,800,000	1,135,100,000	1,143,900,000	1,127,400,000	1,077,200,000	1,070,700,000	1,012,500,000	1,043,100,000	1,043,100,000	1,062,100,000	1,053,700,000	1,010,800,000	949,700,000	965,000,000	960,000,000	975,000,000	975,000,000	945,100,000	837,100,000	807,200,000	781,100,000	757,400,000
less: accumulated depreciation and amortization	1,520,800,000	1,497,000,000	1,492,300,000	1,455,600,000	1,373,700,000	1,404,200,000	1,419,700,000	1,369,900,000	1,342,700,000	1,324,700,000	1,295,500,000	1,282,000,000	1,263,700,000	1,228,300,000	1,163,900,000	1,168,600,000	1,171,100,000	1,157,500,000	1,139,600,000	1,125,300,000	1,097,800,000	1,092,300,000	1,055,700,000	1,018,300,000	988,600,000	980,800,000	967,700,000	963,900,000	945,200,000	930,700,000	923,800,000	910,300,000	917,500,000	890,800,000	865,800,000	834,900,000	800,800,000	776,400,000	778,400,000	757,600,000	750,200,000
operating lease right-of-use assets	110,200,000	117,000,000	97,800,000	104,400,000	103,400,000	104,500,000	108,000,000	110,300,000	96,800,000	99,200,000	96,800,000	99,200,000	101,100,000	104,400,000	86,600,000	76,900,000	75,600,000	69,300,000	58,500,000	62,800,000	64,500,000	68,300,000	67,500,000	68,500,000	68,500,000	70,100,000	71,300,000	74,500,000	75,200,000
investments in affiliated companies	209,200,000	212,300,000	220,900,000	224,700,000	211,900,000	202,100,000	217,500,000	198,200,000	202,500,000	210,000,000	195,400,000	202,800,000	208,800,000	204,900,000	188,600,000	193,300,000	208,100,000	207,700,000	215,700,000	211,700,000	211,900,000	214,700,000	209,600,000	199,600,000	197,700,000	192,700,000	97,400,000	95,400,000	94,900,000	91,200,000	90,500,000	91,800,000	89,900,000	85,800,000	84,600,000	83,600,000	81,300,000	82,700,000	81,400,000	77,700,000	61,600,000	61,300,000	59,200,000	59,800,000	59,300,000	60,600,000	61,800,000	60,400,000	59,400,000	60,900,000	59,100,000	58,000,000	55,600,000	59,800,000	60,700,000	57,500,000	58,300,000	56,200,000	55,000,000	51,200,000	48,900,000	48,200,000	43,800,000	40,100,000	40,200,000	40,200,000	38,200,000	35,800,000	34,400,000	36,400,000	33,600,000	34,100,000	35,000,000	35,000,000	33,600,000	30,700,000	29,900,000
goodwill	109,200,000	109,900,000	110,600,000	110,900,000	107,500,000	106,000,000	108,800,000	107,300,000	107,600,000	108,500,000	106,800,000	108,000,000	107,800,000	107,300,000	104,000,000	106,600,000	108,800,000	109,900,000	108,900,000	110,000,000	109,500,000	111,100,000	109,300,000	107,600,000	106,900,000	107,800,000	106,600,000	108,200,000	105,200,000	105,800,000	106,300,000	106,600,000	108,800,000	107,700,000	107,100,000	105,800,000	103,500,000	103,000,000	105,200,000	104,900,000	105,700,000	104,600,000	105,700,000	105,300,000	104,400,000	108,600,000	110,400,000	114,000,000	114,200,000	114,200,000	113,400,000	111,700,000	111,000,000	112,500,000	111,500,000	110,000,000	112,700,000	111,500,000	113,600,000	116,100,000	115,200,000	112,500,000	113,800,000	107,900,000	111,800,000	111,800,000	114,200,000	114,900,000	105,600,000	103,000,000	105,300,000	103,800,000	107,500,000	107,500,000	107,500,000	107,300,000	103,800,000	103,500,000	102,800,000
intangible assets	7,000,000	7,700,000	8,900,000	9,700,000	10,000,000	10,800,000	12,300,000	12,900,000	13,900,000	15,100,000	15,700,000	16,800,000	17,800,000	18,400,000	18,100,000	20,000,000	21,800,000	23,000,000	26,100,000	27,800,000	28,700,000	30,500,000	30,600,000	31,200,000	28,100,000	29,800,000	28,700,000	29,700,000	19,500,000	20,300,000	21,000,000	21,700,000	22,800,000	21,700,000	22,500,000	22,900,000	23,100,000	23,300,000	24,400,000	24,900,000	25,800,000	37,600,000	38,600,000	39,400,000	40,200,000	42,000,000	43,400,000	46,100,000	47,100,000	48,300,000	48,500,000	49,100,000	49,900,000	50,600,000	50,900,000	49,500,000	51,200,000	52,000,000	52,600,000	54,200,000	55,100,000	55,100,000	55,900,000	52,500,000	54,500,000	54,500,000	55,600,000	56,800,000	48,600,000	49,000,000	50,000,000	50,900,000	52,100,000	52,100,000	52,500,000	67,600,000	67,900,000	69,200,000	66,300,000
deferred income taxes	63,900,000	38,400,000	27,900,000	29,700,000	26,000,000	26,000,000	37,600,000	33,900,000	21,000,000	25,700,000	17,300,000	67,000,000	99,000,000	65,600,000	63,000,000	49,400,000	66,400,000	48,500,000	80,000,000	28,800,000	27,900,000	16,000,000	22,300,000	13,700,000	12,300,000	14,000,000	33,800,000	27,900,000	32,700,000	24,700,000	34,500,000	38,500,000	24,900,000	25,700,000	87,200,000	85,100,000	68,700,000	66,200,000	70,700,000	74,700,000	87,900,000		8,300,000	8,200,000	8,700,000	7,800,000	18,400,000	16,800,000	16,300,000	15,900,000	9,300,000	9,600,000	8,900,000	7,700,000	7,400,000	7,400,000	7,500,000	7,900,000	10,700,000	11,500,000	11,300,000	10,500,000	8,300,000	7,400,000	7,300,000	7,300,000	7,800,000	4,400,000	4,300,000	3,900,000	5,100,000	5,400,000	5,900,000	5,900,000	6,100,000	5,800,000	5,600,000	5,600,000	5,300,000
other noncurrent assets	81,300,000	80,100,000	75,800,000	70,500,000	70,200,000	74,300,000	69,300,000	50,100,000	19,000,000	21,300,000	38,800,000	40,300,000	36,700,000	38,100,000	52,700,000	49,400,000	40,500,000	39,200,000	31,600,000	26,300,000	24,800,000	23,400,000	21,800,000	21,300,000	22,000,000	24,700,000	20,000,000	20,300,000	26,400,000	20,500,000	21,700,000	21,500,000	21,900,000	23,400,000	16,700,000	16,000,000	21,500,000	21,300,000	22,800,000	22,500,000	24,000,000	26,400,000	25,700,000	27,400,000	27,100,000	28,500,000	22,900,000	24,100,000	23,700,000	24,000,000	25,600,000	25,200,000	24,100,000	24,500,000	24,500,000	24,500,000	28,700,000	28,700,000	29,100,000	30,000,000	22,900,000	22,600,000	20,300,000	22,000,000	18,900,000	18,900,000		20,100,000	20,900,000	19,700,000		21,200,000	22,800,000	22,800,000	20,200,000
total assets	4,109,800,000	4,270,000,000	4,105,800,000	3,952,800,000	3,618,200,000	3,643,400,000	3,675,100,000	3,489,400,000	3,602,300,000	3,829,500,000	3,754,700,000	3,669,600,000	3,723,600,000	3,616,800,000	3,316,800,000	3,361,700,000	3,294,700,000	3,313,800,000	3,142,600,000	2,933,500,000	2,739,700,000	2,793,800,000	2,582,800,000	2,392,300,000	2,246,500,000	2,341,400,000	2,174,000,000	2,123,200,000	2,036,200,000	1,978,900,000	1,946,100,000	1,873,700,000	1,869,600,000	1,862,800,000	1,930,400,000	1,843,000,000	1,733,500,000	1,716,700,000	1,735,300,000	1,705,100,000	1,668,200,000	1,695,100,000	1,666,500,000	1,663,700,000	1,596,000,000	1,670,900,000	1,673,300,000	1,704,700,000	1,708,200,000	1,671,600,000	1,664,500,000	1,612,700,000	1,577,100,000	1,564,000,000	1,527,400,000	1,462,800,000	1,457,300,000	1,399,100,000	1,398,300,000	1,415,300,000	1,366,100,000	1,294,300,000	1,299,600,000	1,222,100,000	1,253,600,000	1,253,600,000	1,271,000,000	1,263,900,000	1,217,500,000	1,141,500,000	1,168,700,000	1,210,000,000	1,253,400,000	1,253,400,000	1,210,800,000	1,155,300,000	1,142,700,000	1,106,200,000	918,200,000
liabilities and equity
current liabilities:
accounts payable	252,300,000	253,700,000	255,800,000	239,000,000	228,400,000	239,300,000	224,300,000	211,700,000	240,100,000	242,400,000	219,800,000	218,000,000	233,800,000	215,400,000	188,900,000	220,000,000	248,200,000	232,200,000	207,700,000	205,100,000	204,300,000	213,100,000	180,300,000	162,300,000	157,900,000	156,800,000	145,300,000	152,100,000	137,700,000	130,400,000	125,200,000	126,200,000	127,600,000	138,100,000	121,900,000	130,900,000	106,100,000	122,000,000	99,000,000	107,300,000	97,500,000	119,800,000	93,600,000	91,400,000	88,500,000	103,100,000	91,400,000	94,500,000	98,400,000	108,000,000	86,300,000	88,400,000	91,600,000	102,900,000	81,300,000	85,600,000	82,700,000	89,800,000	71,700,000	73,400,000	66,200,000	63,200,000	56,300,000	61,400,000	66,400,000	66,400,000	68,400,000	55,300,000	60,700,000	52,000,000	67,600,000	61,700,000	69,800,000	69,800,000	57,900,000	51,800,000	53,500,000	59,500,000	61,200,000
accrued salaries, wages and benefits	72,600,000	135,900,000	111,800,000	93,400,000	67,800,000	73,500,000	79,600,000	82,900,000	66,500,000	105,900,000	90,500,000	85,400,000	65,700,000	76,800,000	66,700,000	78,800,000	77,500,000	116,300,000	114,000,000	87,700,000	69,900,000	106,000,000	96,100,000	69,700,000	61,200,000	73,000,000	72,600,000	59,000,000	53,500,000	64,500,000	67,300,000	55,100,000	50,600,000	56,200,000	62,900,000	48,100,000	43,900,000	51,600,000	58,900,000	55,100,000	43,100,000	53,000,000	56,200,000	52,400,000	38,800,000	52,900,000	51,600,000	51,700,000	41,800,000	59,100,000	55,800,000	50,000,000	38,200,000	56,500,000	52,900,000	48,300,000	37,100,000	45,000,000	48,500,000	48,200,000	48,600,000	48,300,000	51,100,000	42,000,000	42,900,000	42,900,000	46,800,000	53,200,000	44,800,000	39,600,000	42,300,000	48,200,000	44,200,000	44,200,000	39,900,000	43,400,000	34,900,000	30,600,000
income taxes payable	78,900,000	28,100,000	33,300,000	28,500,000	22,300,000	31,500,000	33,400,000	16,900,000	16,800,000	16,600,000	15,000,000	26,700,000	59,000,000	24,800,000	29,900,000	32,700,000	34,700,000	26,300,000	39,500,000	17,700,000	49,700,000	26,000,000	30,200,000	29,200,000	13,900,000	6,400,000	19,100,000	5,400,000	17,300,000	9,800,000	17,700,000	17,900,000	13,300,000	6,000,000	7,400,000	2,400,000	6,200,000	4,500,000	3,200,000	9,300,000	17,900,000	12,800,000	19,000,000	18,500,000	15,000,000	14,900,000	18,100,000	15,000,000	12,400,000	14,300,000	26,400,000	24,200,000	16,500,000	15,600,000	19,800,000	14,800,000	13,300,000	7,800,000	7,900,000	6,100,000	6,600,000	5,000,000	9,600,000	8,400,000	6,400,000	6,400,000	5,700,000	3,000,000	900,000	900,000	2,700,000	5,100,000	10,000,000	10,000,000	3,200,000	13,600,000	19,300,000	14,200,000	17,700,000
operating lease liabilities	21,400,000	22,700,000	21,400,000	20,900,000	21,800,000	17,900,000	19,900,000	20,300,000	18,000,000	17,700,000	16,500,000	16,200,000	16,200,000	16,000,000	13,300,000	10,300,000	9,800,000	9,300,000	8,100,000	9,300,000	9,400,000	10,100,000	9,900,000	9,800,000	9,400,000	9,600,000	9,800,000	10,200,000	10,200,000
accrued commissions, rebates and royalties	46,600,000
other current liabilities	202,200,000	214,500,000	213,100,000	222,800,000	186,400,000	188,200,000	159,300,000	169,000,000	173,600,000	155,200,000	136,500,000	163,100,000	158,000,000	181,700,000	153,400,000	176,700,000	168,000,000	163,400,000	142,700,000	148,100,000	144,800,000	143,600,000	126,700,000	99,700,000	97,500,000	91,300,000	86,000,000	84,200,000	80,200,000	76,600,000	76,400,000	86,200,000	69,600,000	77,000,000	72,300,000	71,500,000	63,600,000	58,300,000	67,400,000	59,600,000	74,400,000	53,800,000	57,600,000	53,900,000	53,000,000	51,800,000	52,100,000	55,600,000	58,600,000	43,300,000	48,400,000	45,100,000	45,700,000	43,500,000	70,700,000	71,600,000	69,200,000	39,000,000	32,500,000	43,200,000	40,900,000	40,800,000	26,100,000	34,400,000	33,500,000	33,500,000	39,400,000	31,300,000	34,800,000	28,000,000	32,700,000	31,800,000	36,400,000	36,400,000	34,600,000	32,200,000	37,000,000	44,700,000
total current liabilities	674,000,000	654,900,000	635,400,000	604,600,000	526,700,000	550,400,000	516,500,000	633,700,000	648,400,000	671,800,000	533,500,000	511,600,000	534,900,000	519,000,000	456,700,000	565,100,000	584,800,000	594,100,000	558,600,000	472,600,000	482,800,000	503,400,000	447,700,000	375,200,000	344,400,000	341,600,000	335,000,000	313,200,000	301,100,000	283,700,000	288,800,000	287,600,000	263,400,000	279,500,000	300,000,000	289,000,000	256,500,000	241,000,000	236,800,000	239,400,000	241,100,000	314,300,000	299,900,000	313,700,000	296,600,000	252,500,000	242,500,000	221,200,000	227,600,000	236,900,000	246,800,000	218,700,000	208,100,000	261,800,000	275,600,000	320,200,000	302,400,000	243,200,000	229,300,000	192,700,000	182,800,000	169,700,000	158,200,000	158,600,000	183,800,000	183,800,000	171,100,000	162,800,000	161,500,000	138,700,000	159,100,000	165,500,000	178,500,000	178,500,000	155,700,000	162,200,000	149,100,000	153,300,000	156,900,000
long-term debt	202,800,000	202,800,000	202,700,000	202,600,000	202,600,000	202,600,000	202,600,000	72,900,000	72,800,000	72,800,000	152,100,000	205,600,000	206,100,000	206,700,000	207,200,000	207,800,000	208,300,000	208,800,000	209,900,000	251,800,000	252,300,000	252,900,000	253,400,000	253,900,000	254,400,000	255,000,000	195,100,000	196,000,000	195,500,000	196,000,000	196,200,000	196,400,000	198,000,000	197,000,000	196,600,000	195,700,000	194,200,000	226,200,000	228,600,000	228,900,000	229,500,000	228,900,000	231,500,000	231,700,000	231,900,000	309,500,000	315,500,000	359,300,000	390,700,000	371,300,000	381,100,000	394,700,000	428,400,000	378,800,000	362,100,000	296,400,000	294,900,000	299,300,000	323,300,000	367,200,000	364,700,000	358,100,000	369,300,000	356,800,000	348,300,000	348,300,000	379,100,000	393,000,000	386,300,000	384,000,000	382,100,000	382,000,000	397,700,000	397,700,000	417,000,000	393,100,000	384,200,000	376,600,000	235,800,000
pension and other postretirement benefits	28,500,000	29,000,000	31,100,000	30,800,000	28,600,000	28,200,000	30,200,000	29,100,000	28,900,000	29,600,000	28,400,000	27,300,000	27,200,000	300,000	1,200,000	17,600,000	17,100,000	16,700,000	17,000,000	16,000,000	14,600,000	12,900,000			5,200,000	4,300,000	2,200,000	2,300,000	2,200,000	2,300,000	2,200,000	2,200,000	2,300,000	2,200,000	2,300,000	2,300,000	2,300,000	2,200,000	5,700,000	5,600,000	5,700,000	5,600,000	2,500,000	2,500,000	2,500,000	2,600,000	2,100,000	2,200,000	2,200,000	2,200,000	3,000,000	2,900,000	2,900,000	2,800,000	2,500,000	2,300,000	2,300,000	2,300,000	2,200,000	2,200,000	2,100,000	2,100,000	2,300,000	2,200,000	2,200,000	2,200,000	2,100,000	2,100,000	2,100,000	2,000,000	2,000,000	1,900,000	1,900,000	1,900,000	1,800,000	1,700,000	1,700,000	1,600,000	1,600,000
deferred compensation benefits	11,800,000	13,500,000	13,500,000	12,500,000	11,400,000	15,400,000	15,200,000	15,500,000	18,600,000	18,600,000	17,900,000	20,600,000	19,000,000	19,100,000	19,200,000	21,400,000	26,300,000	28,900,000	26,900,000	24,700,000	22,500,000	22,900,000
other long-term liabilities	87,600,000	75,200,000	75,300,000	70,400,000	65,700,000	62,200,000	66,800,000	63,100,000	57,900,000	58,500,000	55,100,000	55,100,000	55,800,000	51,600,000	33,900,000	34,800,000	38,200,000	38,200,000	27,800,000	29,600,000	28,300,000	31,800,000	46,800,000	43,400,000	40,000,000	41,200,000	35,700,000	35,400,000	34,100,000	33,600,000	43,800,000	42,400,000	35,600,000	42,600,000	46,000,000	46,600,000	47,300,000	47,200,000	49,900,000	51,700,000	49,600,000	53,600,000	48,900,000	49,800,000	49,600,000	52,600,000	51,900,000	52,900,000	52,800,000	55,000,000	54,200,000	57,800,000	39,700,000	38,300,000	37,600,000	35,100,000	33,400,000	54,100,000	50,500,000	46,300,000	43,300,000	33,600,000	33,800,000	36,200,000	34,200,000	34,200,000	33,700,000	35,000,000	31,300,000	32,500,000	34,000,000	38,400,000	36,500,000	36,500,000	35,600,000	24,800,000	24,500,000	26,600,000	21,500,000
total liabilities	1,119,400,000	1,094,000,000	1,054,300,000	1,023,700,000	935,100,000	961,100,000	923,000,000	912,600,000	921,700,000	948,500,000	886,500,000	922,900,000	947,400,000	931,900,000	846,000,000	937,300,000	968,500,000	978,400,000	940,300,000	900,900,000	910,700,000	939,300,000	863,900,000	786,000,000	756,300,000	768,200,000	686,400,000	678,100,000	666,700,000	582,600,000	594,300,000	591,800,000	564,300,000	582,900,000	613,500,000	600,600,000	564,900,000	599,200,000	593,000,000	595,700,000	594,200,000	671,200,000	671,200,000	674,300,000	654,900,000	714,000,000	703,200,000	732,100,000	773,600,000	765,200,000	827,800,000	828,500,000	831,200,000	835,100,000	810,300,000	783,300,000	762,600,000	744,200,000	707,000,000	719,300,000	703,000,000	668,600,000	667,500,000	651,100,000	673,900,000	673,900,000	691,900,000	698,200,000	684,500,000	652,900,000	681,600,000	672,000,000	701,600,000	701,600,000	695,800,000	668,400,000	643,600,000	641,800,000	498,900,000
commitments and contingencies
equity:
preferred stock, 3.0 million shares authorized; 0 shares issued and outstanding
common stock	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,800,000	18,700,000	18,700,000	18,600,000	18,400,000	18,400,000	18,400,000	18,300,000	18,100,000	18,000,000	18,000,000	18,000,000	17,800,000	17,800,000	17,800,000	17,700,000	17,600,000	17,500,000			8,600,000				8,600,000				8,600,000					8,600,000				8,600,000								8,600,000
capital in excess of par value					1,800,000	22,100,000	23,300,000	33,500,000	55,200,000	120,200,000	122,600,000	158,200,000	181,400,000	232,200,000	230,600,000	225,300,000	219,900,000	249,000,000	251,200,000	248,000,000	246,700,000	267,300,000	268,200,000	263,100,000	267,600,000	272,700,000	268,500,000	273,400,000	278,500,000	282,000,000	282,800,000	304,700,000	308,500,000	309,300,000	302,900,000	292,300,000	276,000,000	260,400,000	247,600,000	240,600,000	238,500,000	207,800,000	195,800,000	188,600,000	170,400,000	160,200,000	149,100,000	138,200,000	129,900,000	120,000,000	103,900,000			79,300,000				76,300,000				77,300,000					72,900,000				69,300,000								52,800,000
retained earnings	4,475,900,000	4,374,900,000	4,262,400,000	4,139,200,000	4,031,200,000	3,956,600,000	3,856,900,000	3,720,900,000	3,624,100,000	3,523,400,000	3,415,900,000	3,254,600,000	3,113,600,000	2,987,800,000	2,913,100,000	2,792,500,000	2,617,300,000	2,456,700,000	2,335,800,000	2,160,200,000	1,985,400,000	1,846,700,000	1,773,400,000	1,703,000,000	1,611,800,000	1,549,400,000	1,497,300,000	1,452,900,000	1,398,200,000	1,353,400,000	1,312,700,000	1,258,000,000	1,222,800,000	1,178,200,000	1,188,600,000	1,148,000,000	1,118,800,000	1,071,600,000	1,041,900,000	1,013,800,000	978,000,000	964,600,000	939,900,000	947,000,000	927,200,000	902,200,000	878,700,000	855,500,000	825,000,000	805,000,000	788,600,000			719,900,000				664,500,000				612,600,000					569,400,000				517,300,000								375,700,000
accumulated other comprehensive loss	-125,200,000	-105,500,000	-102,300,000	-88,700,000	-205,500,000	-258,100,000	-136,300,000	-216,900,000	-192,300,000	-143,800,000	-223,000,000	-183,500,000	-168,400,000	-183,000,000	-308,500,000	-245,900,000	-182,400,000	-159,600,000	-155,700,000	-133,200,000	-140,200,000	-110,600,000	-159,500,000	-187,800,000	-192,300,000	-149,600,000	-170,400,000	-152,200,000	-153,400,000	-154,200,000	-153,800,000	-143,700,000	-95,800,000	-117,300,000	-130,600,000	-151,800,000	-179,000,000	-186,800,000	-143,800,000	-150,300,000	-148,000,000	-162,600,000	-154,400,000	-160,200,000	-170,300,000	-119,200,000	-71,300,000	-34,700,000	-33,800,000	-32,400,000	-69,500,000			-75,900,000				-71,500,000				-31,300,000					-19,700,000
treasury stock	-1,379,100,000	-1,112,200,000	-1,127,400,000	-1,140,200,000	-1,163,200,000	-1,057,100,000	-1,010,600,000	-979,500,000	-825,200,000	-637,600,000	-466,100,000	-501,400,000	-369,200,000	-370,900,000	-383,200,000	-366,300,000	-347,400,000	-229,500,000	-247,800,000	-261,200,000	-281,700,000	-167,700,000	-182,000,000	-190,800,000	-215,700,000	-118,100,000	-126,600,000	-147,800,000	-172,600,000	-103,700,000	-108,700,000	-155,900,000	-149,000,000	-109,100,000	-62,700,000	-64,800,000	-65,800,000	-46,100,000	-21,800,000	-13,100,000	-12,800,000	-4,000,000	-4,000,000	-4,000,000	-4,200,000	-4,100,000	-4,200,000	-4,200,000	-4,200,000	-3,800,000	-3,800,000			-3,000,000				-23,000,000				-41,500,000					-52,100,000				-63,200,000
total equity	2,990,400,000	3,176,000,000	3,051,500,000	2,929,100,000	2,683,100,000	2,682,300,000	2,752,100,000	2,576,800,000	2,680,600,000	2,881,000,000	2,868,200,000	2,746,700,000	2,776,200,000	2,684,900,000	2,470,800,000	2,424,400,000	2,326,200,000	2,335,400,000	2,202,300,000	2,032,600,000	1,829,000,000	1,854,500,000	1,718,900,000	1,606,300,000	1,490,200,000	1,573,200,000	1,487,600,000	1,445,100,000	1,369,500,000	1,396,300,000	1,351,800,000	1,281,900,000	1,305,300,000	1,279,900,000	1,316,900,000	1,242,400,000	1,168,600,000	1,117,500,000	1,142,300,000	1,109,400,000	1,074,000,000	1,023,900,000	995,300,000	989,400,000	941,100,000	956,900,000	970,100,000	972,600,000	934,600,000	906,400,000	836,700,000	784,200,000	745,900,000	728,900,000	717,100,000	679,500,000	694,700,000	654,900,000	691,300,000	696,000,000	663,100,000	625,700,000	632,100,000	571,000,000	579,700,000	579,700,000		565,700,000	533,000,000	488,600,000
total liabilities and equity	4,109,800,000	4,270,000,000	4,105,800,000	3,952,800,000	3,618,200,000	3,643,400,000	3,675,100,000	3,489,400,000	3,602,300,000	3,829,500,000	3,754,700,000	3,669,600,000	3,723,600,000	3,616,800,000	3,316,800,000	3,361,700,000	3,294,700,000	3,313,800,000	3,142,600,000	2,933,500,000	2,739,700,000	2,793,800,000	2,582,800,000	2,392,300,000	2,246,500,000	2,341,400,000	2,174,000,000	2,123,200,000	2,036,200,000	1,978,900,000	1,946,100,000	1,873,700,000	1,869,600,000	1,862,800,000	1,930,400,000	1,843,000,000	1,733,500,000	1,716,700,000	1,735,300,000	1,705,100,000	1,668,200,000	1,695,100,000	1,666,500,000	1,663,700,000	1,596,000,000	1,670,900,000	1,673,300,000	1,704,700,000	1,708,200,000	1,671,600,000	1,664,500,000	1,612,700,000	1,577,100,000	1,564,000,000	1,527,400,000	1,462,800,000	1,457,300,000	1,399,100,000	1,398,300,000	1,415,300,000	1,366,100,000	1,294,300,000	1,299,600,000	1,222,100,000	1,253,600,000	1,253,600,000	1,271,000,000	1,263,900,000	1,217,500,000	1,141,500,000
preferred stock, 3.0 million shares authorized; 0.0 shares issued and outstanding in 2025 and 2024
notes payable and other current debt								132,900,000	133,400,000	134,000,000	55,200,000	2,200,000	2,200,000	2,200,000	2,200,000	44,200,000	44,200,000	44,200,000	44,200,000	2,300,000	2,300,000	2,300,000	2,300,000	2,300,000	2,300,000	2,300,000				100,000					33,200,000	33,800,000	34,400,000	2,400,000	2,600,000	2,500,000	2,500,000	69,300,000	71,000,000	95,000,000	98,800,000	27,200,000	27,200,000	2,200,000	14,200,000	2,200,000	18,900,000	100,000	1,700,000	32,700,000	39,300,000	89,100,000	86,500,000	50,100,000	54,700,000	6,300,000	6,300,000	300,000	1,400,000	400,000	21,100,000	21,100,000	500,000	4,000,000	3,900,000	3,900,000	3,900,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000
preferred stock, 3.0 million shares authorized; 0.0 shares issued and outstanding in 2024 and 2023
long-term operating lease liabilities									82,400,000				89,900,000
preferred stock, 3.0 million shares authorized; 0.0 shares issued and outstanding in 2023 and 2022
preferred stock, 3.0 million shares authorized; 0.0 shares issued and outstanding in 2022 and 2021
preferred stock, 3.0 million shares authorized; 0.0 shares issued and outstanding in 2021 and 2020
preferred stock, 3.0 million shares authorized; 0 shares issued and outstanding in 2020 and 2019
preferred stock, 3.0 million shares authorized; 0 shares issued and outstanding in 2019 and 2018
preferred stock, 3.0 million shares authorized; 0 shares issued and outstanding in 2018 and 2017
preferred stock, 3.0 million shares authorized; 0 shares issued and outstanding in 2017 and 2016
preferred stock, 3.0 million shares authorized; 0 shares issued and 0 shares outstanding in 2016 and 2015
less accumulated depreciation																																										719,300,000
preferred stock, 3.0 million shares authorized; 0 shares issued and 0 shares outstanding in 2015 and 2014
less accumulated depreciation and amortization																																											708,800,000	694,900,000	673,300,000	685,000,000	686,900,000	693,100,000	673,000,000	657,300,000	646,400,000	625,700,000	612,900,000	605,800,000	589,800,000	565,100,000	565,700,000	543,200,000	559,000,000	562,400,000	552,900,000	522,400,000	514,000,000	480,000,000	486,900,000	486,900,000	485,000,000	483,300,000	462,800,000	432,000,000	434,000,000	441,400,000	453,000,000	453,000,000	439,100,000	408,600,000	398,700,000	385,900,000	372,700,000
preferred stock, 3.0 million shares authorized; 0 shares issued and 0 shares outstanding in 2014 and 2013
cash, including cash equivalents																																																		230,000,000			175,000,000	161,900,000	143,200,000	107,000,000	100,200,000	91,800,000	119,200,000	110,400,000	94,600,000	110,200,000	97,100,000	67,500,000	65,900,000	65,900,000	83,100,000	79,500,000	84,300,000	62,700,000	87,200,000	102,500,000	102,300,000	102,300,000	93,600,000	151,400,000	177,300,000	156,600,000	47,100,000
short-term investments																																																		7,500,000	7,500,000	7,500,000	8,200,000	12,400,000	21,900,000	25,500,000	26,400,000												2,600,000	2,900,000	4,300,000	6,000,000	9,700,000	9,700,000	12,900,000
taxes other than income																																																		7,800,000	8,000,000	8,000,000	11,500,000	7,800,000	9,100,000	8,500,000	11,300,000	9,200,000	11,800,000	13,300,000	12,100,000	10,000,000	11,400,000	9,800,000	11,300,000	11,300,000	8,100,000	13,900,000	14,300,000	12,300,000	7,000,000	13,700,000	13,300,000	13,300,000	15,400,000	16,800,000
preferred stock, 3.0 million shares authorized; 0 shares issued and 0 shares outstanding in 2013 and 2012
preferred stock, 3.0 million shares authorized; 0 shares issued and 0 shares outstanding in 2012 and 2011
preferred stock, 3.0 million shares authorized; 0 shares issued and 0 shares outstanding in 2011 and 2010
preferred stock, 3.0 million shares authorized; 0 shares issued and 0 shares outstanding in 2010 and 2009
balance, december 31, 2009																																																																		34,300,000
net income
stock-based compensation
shares issued under stock plans
shares repurchased for employee tax withholdings
excess tax benefit from employee stock plans
cash dividends declared
other comprehensive income, net of tax
balance, march 31, 2010																																																																		34,300,000
other assets																																																																			19,300,000				18,900,000					20,500,000	22,400,000	19,400,000	11,100,000
liabilities and shareholders’ equity
shareholders’ equity:
preferred stock, 3.0 million shares authorized; 0 shares issued and 0 shares outstanding in 2009 and 2008
total shareholders’ equity																																																																			579,100,000				487,100,000								414,500,000
pension asset																																																																								10,800,000	11,500,000	11,500,000	12,300,000	10,300,000	10,700,000	11,400,000	12,100,000
minority interests																																																																								5,400,000	5,200,000	5,200,000	5,000,000	5,200,000	4,900,000	4,900,000	4,800,000
preferred stock, 3.0 million shares authorized; no shares issued and outstanding in 2008 and 2007
accumulated other comprehensive income																																																																							-44,900,000								10,600,000
total liabilities and shareholders’ equity																																																																							1,168,700,000	1,210,000,000	1,253,400,000	1,253,400,000	1,210,800,000	1,155,300,000	1,142,700,000	1,106,200,000	918,200,000
shareholders’ equity																																																																								532,600,000	546,600,000	546,600,000	510,000,000	481,700,000	494,200,000	459,500,000
accounts receivables																																																																												136,800,000
income tax refundable																																																																															1,000,000
investments in and advances to affiliated companies																																																																														29,000,000	29,700,000
restricted cash
accrued expenses:
salaries, wages and benefits																																																																															35,300,000
restructuring costs
other																																																																															37,900,000
preferred stock, shares authorized: 3.0 million; shares issued and outstanding: 2006—0; 2005—0

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-09-30	2007-06-30	2007-03-31

cash flows from operating activities:
net income	138,800,000	132,100,000	140,000,000	131,800,000	89,800,000	130,100,000	136,000,000	111,300,000	115,300,000	137,000,000	161,300,000	155,100,000	140,000,000	103,000,000	120,600,000	188,500,000	173,800,000	147,700,000	175,600,000	187,300,000	151,200,000	98,400,000	82,300,000	91,200,000	74,300,000	63,900,000	56,300,000	66,100,000	55,400,000	52,000,000	55,200,000	56,100,000	43,600,000	0	51,000,000	38,800,000	60,900,000	39,100,000	37,600,000	44,800,000	22,100,000	33,400,000	1,500,000	27,800,000	32,900,000	31,400,000	31,000,000	37,600,000	27,100,000	23,600,000	26,800,000	30,200,000	31,700,000	21,100,000	14,800,000	15,600,000	29,200,000	18,800,000	17,000,000	20,100,000	19,600,000	6,000,000	17,700,000	21,800,000	19,800,000	20,300,000	17,200,000	19,700,000	15,400,000	17,700,000	13,300,000	28,800,000	26,200,000	12,200,000	26,000,000	26,500,000
adjustments to reconcile net income to net cash from operating activities:
depreciation	44,600,000	46,400,000	42,300,000	40,800,000	39,100,000	39,800,000	39,300,000	38,000,000	34,700,000	34,600,000	34,800,000	33,600,000	30,700,000	30,100,000	28,900,000	29,200,000	28,700,000	32,300,000	28,900,000	27,700,000	28,000,000	27,400,000	27,200,000	25,200,000	24,900,000	25,400,000	24,400,000	25,300,000	24,900,000	25,600,000	25,500,000	24,900,000	25,700,000	24,400,000	24,500,000	22,800,000	22,600,000	22,200,000	22,200,000	22,100,000	21,600,000	22,500,000	21,500,000	21,100,000	21,000,000	20,900,000	21,300,000	22,000,000	20,600,000	21,100,000	20,800,000	19,700,000	19,400,000	19,200,000	18,400,000	17,700,000	17,500,000	17,200,000	17,400,000	18,200,000	18,300,000	18,400,000	17,200,000	16,600,000	16,600,000	17,200,000	17,200,000	15,600,000	13,900,000	13,900,000	14,400,000	14,200,000	13,600,000	12,700,000	13,000,000	12,700,000
amortization	600,000	600,000	700,000	600,000	900,000	900,000	900,000	900,000	900,000	1,300,000	900,000	500,000	900,000	1,000,000	900,000	900,000	900,000	2,100,000	1,100,000	1,100,000	1,100,000	1,100,000	1,200,000	1,000,000	1,100,000	900,000	900,000	1,000,000	600,000	700,000	700,000	600,000	700,000	500,000	500,000	700,000	700,000	600,000	700,000	600,000	700,000	800,000	900,000	1,100,000	1,000,000	1,100,000	1,800,000	1,100,000	1,200,000	1,000,000	1,100,000	1,000,000	1,100,000	1,000,000	900,000	1,100,000	1,100,000	1,200,000	1,100,000	1,100,000	1,200,000	1,100,000	1,100,000	1,100,000	1,100,000	1,100,000	1,100,000	900,000	1,100,000	1,300,000	1,100,000	1,000,000	1,100,000	1,200,000	1,300,000	1,300,000
stock-based compensation	6,600,000	6,700,000	8,400,000	7,400,000	1,300,000	4,300,000	5,100,000	4,300,000	5,000,000	1,400,000	5,900,000	7,500,000	8,500,000	6,700,000	6,000,000	5,500,000	5,500,000	10,000,000	11,300,000	10,300,000	5,900,000	6,400,000	9,900,000	12,300,000	5,400,000	5,600,000	5,400,000	7,200,000	6,200,000	400,000	5,300,000	6,000,000	3,400,000	2,500,000	4,600,000	5,500,000	3,500,000	5,400,000	4,600,000	4,900,000	4,600,000	5,200,000	3,600,000	15,500,000	5,300,000	6,100,000	3,600,000	4,600,000	4,300,000	5,600,000
non-cash restructuring charges	900,000	2,900,000	900,000	800,000	800,000																					700,000	1,200,000	100,000	300,000	1,400,000	400,000	300,000	100,000					1,600,000	900,000	0	15,000,000
asset impairments	300,000	7,300,000	300,000	3,800,000	300,000	5,400,000	1,000,000	300,000	600,000	2,700,000	3,500,000	-7,900,000	11,300,000
other non-cash items	1,000,000		2,500,000	-4,000,000	-2,900,000		-2,100,000	-3,900,000	-3,700,000		-1,100,000	-5,900,000	-6,500,000		-4,900,000	-3,700,000	-7,700,000		-6,600,000	-8,100,000	-2,800,000		-4,600,000	-600,000	-4,300,000		700,000	-500,000	-800,000		-600,000	-700,000	-2,700,000		400,000	-400,000	-3,200,000		-7,000,000	4,300,000	-1,000,000		-1,100,000	-600,000	-1,000,000		-1,200,000	-700,000	-1,200,000		-11,700,000	3,400,000	4,300,000		2,900,000	2,600,000	2,100,000		-1,200,000	1,300,000	2,100,000		400,000	-4,500,000	5,500,000		7,000,000	6,800,000	5,500,000		4,300,000	3,400,000	4,400,000	3,600,000	3,300,000	1,200,000
changes in assets and liabilities	-102,900,000		2,100,000	-4,100,000	100,000		-100,000	14,100,000	-34,600,000		24,800,000	-25,300,000	-46,800,000		-31,600,000	-47,500,000	-50,200,000		-20,000,000	-73,600,000	-94,900,000		1,900,000	18,300,000	-45,600,000		16,500,000	6,000,000	-38,800,000		1,900,000	-4,900,000	-25,600,000		-5,200,000	6,800,000	-63,800,000		9,400,000	-500,000	-60,000,000		-6,600,000	12,600,000	-61,100,000		7,400,000	-400,000	-43,200,000		700,000	25,200,000	-37,800,000		12,200,000	-200,000	-36,100,000		5,400,000	-1,000,000	-31,700,000		11,600,000	-3,400,000	-31,500,000		-3,500,000	6,400,000	-39,200,000		9,000,000
net cash from operating activities	89,900,000	251,100,000	197,200,000	177,100,000	129,400,000	190,100,000	180,100,000	165,000,000	118,200,000	239,100,000	230,100,000	169,200,000	138,100,000	230,800,000	168,900,000	173,100,000	151,200,000	160,800,000	190,100,000	144,400,000	88,700,000	148,700,000	118,600,000	148,100,000	57,100,000	106,400,000	108,100,000	105,100,000	47,600,000	73,200,000	88,400,000	82,000,000	45,000,000	81,500,000	75,800,000	85,300,000	20,700,000	71,800,000	68,400,000	76,200,000	3,000,000	68,000,000	68,800,000	77,500,000	-1,900,000	46,000,000	63,900,000	64,200,000	8,800,000	68,800,000	53,300,000	79,500,000	18,900,000	69,800,000	51,600,000	52,200,000	13,800,000	41,800,000	39,700,000	39,700,000	9,500,000	47,200,000	48,000,000	31,600,000	11,500,000	52,600,000	39,000,000	49,400,000	-3,300,000	44,000,000	42,100,000			24,200,000	42,400,000	3,300,000
cash flows from investing activities:
capital expenditures	-42,700,000	-76,100,000	-63,300,000	-75,200,000	-71,300,000	-104,900,000	-81,300,000	-100,200,000	-90,600,000	-108,700,000	-95,800,000	-75,400,000	-82,100,000	-94,900,000	-57,800,000	-66,100,000	-65,800,000	-76,500,000	-65,300,000	-56,900,000	-54,700,000	-57,700,000	-47,500,000	-37,100,000	-32,100,000	-37,600,000	-31,700,000	-28,300,000	-28,800,000	-30,000,000	-26,500,000	-20,200,000	-28,000,000	-29,500,000	-34,300,000	-29,500,000	-37,500,000	-47,500,000	-48,700,000	-35,000,000	-39,000,000	-44,800,000	-29,700,000	-26,700,000	-30,400,000	-27,100,000	-28,600,000	-24,500,000	-31,700,000	-38,800,000	-29,300,000	-22,100,000	-61,700,000	-32,900,000	-29,000,000	-37,000,000	-32,400,000	-33,400,000	-24,200,000	-18,400,000	-19,400,000	-21,300,000	-17,200,000	-14,900,000	-17,700,000	-28,500,000	-27,600,000	-24,600,000	-24,200,000	-50,400,000	-35,000,000			0	0	0
free cash flows	47,200,000	175,000,000	133,900,000	101,900,000	58,100,000	85,200,000	98,800,000	64,800,000	27,600,000	130,400,000	134,300,000	93,800,000	56,000,000	135,900,000	111,100,000	107,000,000	85,400,000	84,300,000	124,800,000	87,500,000	34,000,000	91,000,000	71,100,000	111,000,000	25,000,000	68,800,000	76,400,000	76,800,000	18,800,000	43,200,000	61,900,000	61,800,000	17,000,000	52,000,000	41,500,000	55,800,000	-16,800,000	24,300,000	19,700,000	41,200,000	-36,000,000	23,200,000	39,100,000	50,800,000	-32,300,000	18,900,000	35,300,000	39,700,000	-22,900,000	30,000,000	24,000,000	57,400,000	-42,800,000	36,900,000	22,600,000	15,200,000	-18,600,000	8,400,000	15,500,000	21,300,000	-9,900,000	25,900,000	30,800,000	16,700,000	-6,200,000	24,100,000	11,400,000	24,800,000	-27,500,000	-6,400,000	7,100,000			24,200,000	42,400,000	3,300,000
net cash from investing activities	-42,700,000	-76,100,000	-63,300,000	-75,200,000	-71,300,000	-104,800,000	-82,100,000	-101,200,000	-90,600,000	-108,800,000	-95,700,000	-82,100,000	-82,100,000	-94,800,000	-59,100,000	-66,000,000	-68,300,000	-77,400,000	-65,300,000	-55,900,000	-54,500,000	-57,600,000	-49,100,000	-40,900,000	-31,900,000	-120,600,000	-31,600,000	-47,100,000	-28,700,000	-28,600,000	-26,500,000	-17,000,000	-28,700,000	-29,400,000	-34,000,000	-35,500,000	-34,700,000	-46,700,000	-47,900,000	-42,600,000	-38,600,000	-43,900,000	-29,500,000	-25,500,000	-30,600,000	-26,300,000	-20,700,000	-21,400,000	-35,600,000	-38,900,000	-29,100,000	-24,200,000	-57,700,000	-22,700,000	-25,500,000	-35,900,000	-31,900,000	-36,300,000	-32,000,000	-23,100,000	-29,100,000	-18,600,000	-18,800,000	-16,900,000	-19,700,000	-30,100,000	-42,100,000	-24,500,000	-25,200,000	-55,000,000	-30,800,000
cash flows from financing activities:
principal repayments on finance leases	-300,000	-300,000	-300,000	-300,000	-200,000	-100,000	-300,000
dividend payments	-15,800,000	-15,800,000	-15,100,000	-15,100,000	-15,200,000	-15,300,000	-14,500,000	-14,600,000	-14,700,000	-14,800,000	-14,000,000	-14,100,000	-14,100,000	-14,100,000	-13,500,000	-13,100,000	-13,400,000	-13,300,000	-12,600,000	-12,600,000	-12,600,000	-12,600,000	-11,900,000	-11,800,000	-11,800,000	-11,800,000	-11,100,000	-11,100,000	-11,100,000	-11,100,000	-10,300,000	-10,300,000	-10,400,000	-10,400,000	-9,600,000	-9,600,000	-9,500,000	-9,600,000	-8,700,000	-8,800,000	-8,700,000	-8,700,000	-7,900,000	-7,900,000	-7,900,000	-7,900,000	-7,100,000	-7,000,000	-7,100,000	-7,100,000	-6,600,000	-6,600,000	-6,500,000	-6,600,000	-6,100,000	-6,100,000	-6,100,000	-6,100,000	-5,700,000	-6,000,000	-5,400,000	-5,700,000	-5,300,000	-5,400,000	-5,300,000	-5,300,000	-4,900,000	-4,900,000	-5,000,000	-5,000,000	-4,500,000
proceeds from stock-based compensation awards	5,500,000	3,100,000	2,200,000	3,500,000	2,500,000	1,500,000	4,100,000	5,100,000	14,800,000	1,300,000	18,600,000	10,500,000	13,500,000	3,800,000	6,400,000	4,400,000	6,300,000	6,300,000	5,300,000	12,000,000	5,800,000	2,700,000	3,600,000	9,800,000	6,300,000	-400,000	9,300,000	12,900,000	3,300,000
employee stock purchase plan contributions	2,000,000	1,500,000	1,800,000	1,700,000	1,900,000	1,600,000	1,900,000	1,700,000	2,000,000	1,800,000	1,800,000	1,700,000	1,800,000	1,200,000	2,000,000	2,100,000	2,000,000	2,000,000	1,800,000	2,100,000	1,800,000	1,800,000	1,700,000	1,600,000	1,300,000	1,400,000	1,400,000	1,400,000	1,200,000	1,300,000	1,200,000	1,300,000	1,100,000	1,200,000	1,000,000	1,200,000	1,000,000	1,000,000	1,100,000	900,000	800,000	900,000	800,000	800,000	700,000	600,000	700,000	700,000	800,000	600,000	800,000	500,000	600,000
shares purchased under share repurchase programs	-297,600,000	0	0	-500,000	-133,500,000	-54,400,000	-52,400,000			-177,000,000	-27,800,000			100,000	-27,200,000			0	0			0	0	0	-115,500,000	0	0	0	-83,100,000	0	0	-22,900,000	-47,900,000
shares repurchased for employee tax withholdings	-2,500,000	-200,000	-100,000	0	-2,500,000	-200,000	0	-100,000	-5,400,000	-100,000	-300,000	-1,000,000	-11,500,000	0	-300,000	-300,000	-18,800,000	-100,000	-300,000	-700,000	-13,700,000									0	0	-700,000	-3,700,000	0	0	0	-3,800,000	0	0	0	-3,700,000	0	0	100,000	-5,700,000	0	0	0	-4,100,000	0	0	-2,300,000	-2,900,000	-2,500,000	0	-1,600,000	-600,000	0	0	-1,400,000	-2,100,000	-100,000	100,000	-100,000	-2,000,000	-200,000	-200,000	-100,000	-800,000	0	-2,000,000
net cash from financing activities	-308,700,000	-11,700,000	-11,500,000	-14,900,000	-147,000,000	-68,900,000	-64,400,000	-218,300,000	-271,000,000	-189,500,000	-22,300,000	-176,800,000	-71,000,000	-9,500,000	-75,200,000	-36,200,000	-172,700,000	-6,200,000	-5,800,000	300,000	-156,400,000	-8,700,000	-7,200,000	-900,000	-120,300,000	51,000,000	-400,000	3,100,000	-90,500,000	-8,200,000	10,100,000	-25,700,000	-56,900,000	-86,500,000	-3,000,000	2,300,000	-21,800,000	-26,400,000	-15,000,000	-7,400,000	-65,100,000	-1,600,000	-30,400,000	-10,700,000	1,200,000	-1,800,000	-10,000,000	-45,200,000	26,200,000	-23,500,000	3,100,000	-40,200,000	55,500,000	-29,500,000	7,700,000	-5,800,000	24,200,000	-28,100,000	6,100,000	-2,800,000	100,000	-14,600,000	-4,200,000	-9,300,000	-5,900,000	-17,500,000	-4,400,000	-7,300,000	6,600,000	-2,100,000	-4,500,000	-20,100,000	5,800,000
effect of exchange rates on cash	-8,400,000	-500,000	-3,600,000	18,500,000	8,500,000	-22,700,000	11,100,000	-1,100,000	-8,700,000	14,500,000	-9,800,000	-300,000	7,000,000	38,800,000	-24,100,000	-20,100,000	-5,100,000	-2,600,000	-7,200,000	3,700,000	-9,600,000	13,700,000	11,200,000	4,300,000	-8,700,000	6,300,000	-6,800,000	100,000	-300,000	3,700,000	-200,000	-13,600,000	4,500,000	1,000,000	3,900,000	5,100,000	2,200,000	-1,600,000	-2,300,000	-1,600,000	4,200,000	-4,700,000	-4,100,000	3,600,000	-16,900,000	-9,400,000	-13,100,000	-900,000	600,000	1,900,000	3,800,000	500,000	-3,600,000	1,100,000	2,400,000	-3,700,000	2,300,000	-4,800,000	-5,000,000	2,000,000	3,900,000	-900,000	4,600,000	-3,800,000	-3,100,000	-1,400,000	2,700,000	4,000,000	-2,600,000	-2,200,000	-6,600,000	500,000	1,200,000	1,400,000	500,000	600,000
net decrease in cash and cash equivalents	-269,900,000				-80,400,000			-155,600,000	-252,100,000				-8,000,000				-94,900,000				-131,800,000				-103,800,000			61,200,000	-71,900,000				-36,100,000				-33,600,000			24,600,000	-96,500,000			44,900,000	-48,200,000																-15,600,000			1,600,000	-17,200,000		-4,800,000	21,600,000	-24,500,000
cash, including cash equivalents at beginning of period	791,300,000	0	0	0	484,600,000	0	0	0	853,900,000	0	0	0	894,300,000	0	0	0	762,600,000	0	0	0	615,500,000	0	0	0	439,100,000	0	0	0	337,400,000	0	0	0	235,900,000																230,000,000	0	0	0	161,900,000	0	0	0	91,800,000		0	0	110,200,000		0	0	83,100,000		0	0	87,200,000		0	0	108,400,000	0	0	47,100,000
cash, including cash equivalents at end of period	521,400,000	162,800,000	118,800,000	105,500,000	404,200,000	-6,300,000	44,700,000	-155,600,000	601,800,000	-44,700,000	102,300,000	-90,000,000	886,300,000	165,300,000	10,500,000	50,800,000	667,700,000	74,600,000	111,800,000	92,500,000	483,700,000	96,100,000	73,500,000	110,600,000	335,300,000	43,100,000	69,300,000	61,200,000	265,500,000	40,100,000	71,800,000	25,700,000	199,800,000																230,000,000	8,300,000	31,100,000	15,600,000	175,000,000	18,700,000	36,200,000	6,800,000	100,200,000		8,800,000	15,800,000	94,600,000		29,600,000	1,600,000	65,900,000		-4,800,000	21,600,000	62,700,000		200,000	8,700,000	93,600,000	-25,900,000	20,700,000	156,600,000
supplemental cash flow information:
accrued capital expenditures	26,100,000	-200,000	2,700,000	-2,100,000	37,500,000
pension settlement charges
loss on disposal of plant										0	0
deferred income taxes
pension and other retirement plans
equity in undistributed earnings of affiliates, net of dividends
other						-2,900,000	-800,000	-900,000	-100,000	7,600,000	100,000			100,000	-1,300,000	100,000	-2,500,000	1,300,000	0	1,000,000	200,000	-3,700,000	-1,600,000	0	200,000	2,100,000	100,000	100,000	100,000	1,400,000	0	3,200,000	-700,000	100,000	300,000	0	2,800,000	800,000	800,000	800,000	400,000	900,000	200,000	1,200,000	-200,000	1,000,000	-600,000	-100,000	300,000	3,900,000	100,000	-3,500,000	500,000	900,000	300,000	100,000	300,000	1,300,000	0	300,000	300,000	800,000	900,000			100,000	0			1,800,000	700,000	0	100,000
changes in assets and liabilities:
decrease in accounts receivable
decrease in inventories
decrease in other current assets
increase in accounts payable
changes in other assets and liabilities
borrowings of long-term debt						0	129,700,000
repayments of long-term debt						0	-132,900,000	-35,500,000	-600,000	-600,000	-600,000	-500,000	-600,000	-600,000	-42,600,000	-500,000	-600,000	-1,100,000	0	-500,000	-600,000	-600,000	-600,000	-500,000	-600,000									-33,100,000	-600,000	-600,000	-600,000	-600,000	-600,000	-600,000	-68,000,000	-700,000	-25,500,000	-600,000	-600,000	-600,000	-600,000	-500,000	-600,000	-600,000	-600,000	-400,000	-28,900,000
excise tax payments		0	0
net increase in cash and cash equivalents		162,800,000	118,800,000			-6,300,000				-44,700,000	102,300,000			165,300,000	10,500,000			74,600,000	111,800,000			96,100,000	73,500,000			43,100,000				40,100,000	71,800,000			-33,400,000	42,700,000			-2,900,000				17,800,000				8,500,000	20,100,000			8,300,000	31,100,000	15,600,000	13,100,000	18,700,000	36,200,000	6,800,000	8,400,000	-27,400,000	8,800,000			13,100,000								-15,300,000	200,000			-25,900,000	20,700,000	109,500,000
interest paid, net of amounts capitalized
income taxes paid
dividends declared, not paid
debt issuance cost
shares purchased under share repurchase program									-267,000,000				-60,100,000				-147,100,000				-137,100,000														0	0	-26,900,000	-25,400,000	-9,600,000	-8,100,000	-9,100,000
pension settlement charge														1,400,000	49,600,000	600,000	600,000	1,100,000	0	100,000	600,000	300,000	1,100,000	900,000	1,400,000	800,000																1,400,000
decrease (increase) in accounts receivable
increase in inventories
increase in other current assets
acquisition of business																										0	0																																							0
debt issuance costs															0	-200,000	-1,100,000									-300,000	0	-100,000	-800,000																									-100,000	-1,200,000			0	0			0	-100,000
contingent consideration payments in excess of acquisition-date liability														-600,000	-600,000	-400,000	-400,000	-400,000	-200,000	-400,000	-400,000	-200,000	-400,000	-200,000	-100,000	-200,000	0	-100,000	-200,000	-100,000	0	-300,000	-200,000
fixed asset impairments and sale of equipment
increase in accounts receivable
purchase of investment in affiliated companies
borrowings under revolving credit agreements																										80,500,000	0	0	28,000,000													14,000,000	13,800,000	37,300,000	6,300,000	41,000,000	39,500,000	57,600,000	125,300,000	42,900,000	243,100,000	-36,600,000	43,300,000	475,300,000	-105,600,000	169,300,000	29,300,000	176,900,000	10,500,000			4,700,000	0						11,500,000
repayments under revolving credit agreements																										-108,300,000	0	0	-28,000,000													-14,000,000	-13,800,000	-42,600,000	-1,000,000	-41,000,000	-49,500,000	-99,600,000	-93,300,000	-69,700,000																				-1,000,000	-3,400,000
issuance of long-term debt																																																		-100,000	0	0	43,300,000
purchase of investment in affiliated companies, treasury stock
purchase of intangibles																							0
venezuela deconsolidation																																		0	0
loss on sales of equipment
cash related to deconsolidated venezuelan subsidiary																																		0	0
contingent consideration payments up to amount of acquisition-date liability
pension curtailment gain
proceeds from exercise of stock options and stock appreciation rights																														1,700,000	19,200,000	6,900,000	4,000,000	3,500,000	6,500,000	11,400,000	18,100,000	4,100,000	2,100,000	7,100,000	12,600,000	3,000,000	1,500,000	1,600,000	6,600,000	3,800,000
excess tax benefits from employee stock plans																																						4,300,000
pension (curtailment gain) settlement charge
changes in assets/liabilities:
purchase of cost-method investments
contingent consideration payments																																		-200,000	-300,000	-100,000	-100,000	-200,000				0	0			-100,000	-100,000
purchase of cost-method investment																																							0
cash and cash equivalents at beginning of period																																			0	0	203,000,000		0	0	274,600,000		0	0	255,300,000		0
cash and cash equivalents at end of period																																			42,700,000	57,200,000	169,400,000		3,200,000	24,600,000	178,100,000		4,800,000	44,900,000	207,100,000		20,100,000
acquisition of patents and other long-term assets																																																					-700,000	-300,000	-300,000					0	-400,000	-2,600,000				-100,000	100,000	-400,000	-2,500,000
sales and maturities of short-term investments																																														0	8,500,000	3,300,000	5,000,000	800,000	4,600,000	4,100,000	9,600,000
purchases of short-term investments																																														0	0	-100,000	-9,200,000	-900,000	-4,500,000	-3,400,000	-5,400,000
excess tax benefit from employee stock plans																																								2,100,000	11,000,000	4,900,000	700,000	600,000	2,900,000	2,400,000	1,800,000	1,000,000	2,700,000	3,900,000	3,300,000	0	1,100,000	2,600,000	200,000	1,800,000	300,000	300,000	100,000	1,900,000	1,200,000	100,000	0	0	2,000,000
loss on debt extinguishment																																																		0	0	0	200,000	0	0
changes in assets/liabilities, net of acquisitions:
proceeds from stock option exercises																																																2,800,000	2,400,000		4,400,000	5,200,000	5,500,000
asset impairment charges																																																							2,400,000
acquisition of businesses, net of cash acquired																																																														0
sales of investments
purchases of investments																																																												-5,000,000	-9,600,000
payment of long-term debt																																																						100,000	0
long-term debt borrowings																																																						0
changes in other debt																																																						0	-50,200,000	0	-100,000		-100,000	-200,000	-300,000		600,000	-200,000	-300,000		-300,000				-100,000
issuance of common stock from treasury																																																						4,300,000	2,600,000	2,600,000	1,400,000	600,000	1,300,000	3,200,000	700,000	800,000	500,000	500,000	1,900,000		1,500,000	2,100,000	700,000
sales (purchases) of short-term investments																																																							3,500,000	1,100,000	200,000
adjustments to reconcile net income to net cash from operating activities of continuing operations:
changes in other debt, including overdrafts																																																																												1,700,000
acquisition of business, net of cash acquired																																																																0	-1,300,000
repayment of former credit facility																																																															0
borrowings (repayments) under revolving credit agreements																																																													6,000,000				-2,200,000		-1,500,000						9,500,000
decrease in accounts payable
acquisition of noncontrolling interest
(purchases) redemptions of investments																																																															0	-2,100,000	-700,000
loss from discontinued operations, net of tax																																																																										0
loss on sales of equipment and asset impairments
changes in assets/liabilities, net of discontinued operations and acquisitions:
(increase) decrease in accounts receivable
(increase) decrease in other current assets
(decrease) increase in accounts payable
redemptions (purchase) of investments
shares purchased under stock repurchase program
issuance of common stock under employee stock plans
proceeds from redemption of investments																																																																			2,300,000	400,000	1,500,000		3,500,000	3,300,000	7,800,000
excess tax benefit from stock option exercises																																																																			1,000,000	900,000	200,000	-100,000	2,900,000	900,000	2,200,000	2,500,000
loss (gain) from discontinued operations, net of tax
proceeds from sale of investment																																																																										0
acquisition of 10% minority ownership in medimop
acquisition of patents and other assets
prepayment of senior notes
cash flows from discontinued operations:
net cash from discontinued operations
issuance of convertible debt, net of costs
issuance of common stock																																																																							2,600,000	1,500,000	1,500,000	1,200,000	1,600,000	900,000
income from discontinued operations, net of tax
issuance of 4% convertible debt, net of costs																																																																										0	10,800,000	145,600,000
issuance of senior unsecured notes
cash flows from operating activities of discontinued operations
property, plant and equipment acquired
net cash from (used in) financing activities																																																																											1,300,000	130,700,000
cash flows provided by operating activities of discontinued operations
gain from discontinued operations, net of tax
repayment of affiliate loan
shares repurchased for tax withholdings
insurance proceeds, net of costs, related to kinston accident
insurance proceeds received for property damage
proceeds from sale of assets
repayments from affiliate
cash flows (used in) provided by financing activities:
(repayments) borrowings under revolving credit agreements
payment of fees under revolving credit agreements
purchase of treasury stock
cash flows from investing activities of discontinued operations

West Pharmaceutical Services, Inc(NYSE:WST)

West Pharmaceutical Services, Inc
(NYSE:WST)