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FINANCIAL ASSETS AND FINANCIAL LIABILITIES MEASURED AT FAIR VALUE (Tables)
12 Months Ended
Dec. 31, 2011
FINANCIAL ASSETS AND FINANCIAL LIABILITIES MEASURED AT FAIR VALUE  
Carrying values and estimated fair values of long-term debt, including current maturities

 

 

December 31, 2011

 

December 31, 2010

 

 

 

Carrying

 

Fair Value

 

Carrying

 

Fair Value

 

(in thousands)

 

Value

 

(Level 2)

 

Value

 

(Level 2)

 

Total long-term debt

 

$

1,567,532

 

$

1,702,373

 

$

1,285,674

 

$

1,388,019

 

Fair values for derivatives

 

 

 

Fair Value

 

Fair Value

 

 

 

As of

 

As of

 

 

 

December 31, 2011

 

December 31, 2010

 

(in thousands)

 

(Level 2)

 

(Level 2)

 

Currency swaps — net asset (liability) position

 

$

 

$

(1,368

)

Forward exchange contracts — net asset (liability) position

 

(3

)

13

 

Interest rate swaps — net asset (liability) position

 

3,268