Subsequent Events (Notes)

9 Months Ended

Sep. 30, 2014

Subsequent Events [Abstract]

Subsequent Events

17. Subsequent Events:

On October 17, 2014, our Board of Directors authorized an additional $700.0 million towards our Share Repurchase Plans. This is in addition to the amounts set forth in Note 10 and results in a total of $845.9 million that may be used, subject to certain conditions, under the Share Repurchase Plans. On October 20, 2014, we announced our plans for a new $450.0 million accelerated share repurchase program in October, 2014.

On October 20, 2014, the Company entered into a short term loan agreement (the “Short-Term Facility”) with JPMorgan Chase Bank, N.A. and Morgan Stanley Bank, N.A. to borrow, subject to the satisfaction of specified conditions, up to $250.0 million. The Short-Term Facility is guaranteed by the same subsidiaries as our Domestic Revolving Credit Facility, and contains substantially similar financial and other covenants as described in Note 7. The Short-Term Facility will become due on March 31, 2015, and allows for pre-payment. The Company intends to use the borrowings under the Short-Term Facility, along with borrowings under the Domestic Revolving Credit Facility, to fund the expected $450.0 million accelerated share repurchase program.