Financing Agreements (Details) (USD $)
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1 Months Ended | 6 Months Ended | 6 Months Ended | |||||||||||||
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Jun. 30, 2012
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Dec. 31, 2011
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Jun. 30, 2012
Credit Agreement
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May 31, 2012
CFI
Credit Agreement
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Jun. 30, 2012
CFI
Credit Agreement
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May 01, 2012
CFI
Credit Agreement
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Jun. 30, 2012
CFI
Revolving credit facility
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Jun. 30, 2012
CFI
Senior notes due 2018 and 2020
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Jun. 30, 2012
CFI
Unsecured senior notes 6.875% due 2018
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Dec. 31, 2011
CFI
Unsecured senior notes 6.875% due 2018
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Apr. 23, 2010
CFI
Unsecured senior notes 6.875% due 2018
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Jun. 30, 2012
CFI
Unsecured senior notes 7.125% due 2020
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Dec. 31, 2011
CFI
Unsecured senior notes 7.125% due 2020
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Apr. 23, 2010
CFI
Unsecured senior notes 7.125% due 2020
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Dec. 31, 2011
CFI
Unsecured senior notes 7.0% due 2017
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Jun. 30, 2012
Terra
Unsecured senior notes 7.0% due 2017
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Financing agreements | ||||||||||||||||
Long-term debt | $ 1,600,000,000 | $ 1,613,000,000 | $ 1,600,000,000 | $ 800,000,000 | $ 800,000,000 | $ 800,000,000 | $ 800,000,000 | $ 13,000,000 | ||||||||
Noncurrent | 1,600,000,000 | 1,613,000,000 | ||||||||||||||
Debt Instruments | ||||||||||||||||
Maximum borrowing capacity | 500,000,000 | 500,000,000 | ||||||||||||||
Maturity period (in years) | 5 years | |||||||||||||||
Guarantee for borrowed money | 250,000,000 | |||||||||||||||
Interest rate (as a percent) | 6.875% | 7.125% | 7.00% | |||||||||||||
Principal amount | 800,000,000 | 800,000,000 | ||||||||||||||
Variable interest base rate | applicable margin over LIBOR or a base rate | |||||||||||||||
Available credit | 491,200,000 | |||||||||||||||
Carrying value of long term debt | 1,600,000,000 | 1,613,000,000 | 1,600,000,000 | 800,000,000 | 800,000,000 | 800,000,000 | 800,000,000 | 13,000,000 | ||||||||
Fair value of long-term debt | $ 1,900,000,000 | |||||||||||||||
Repurchase price of notes as a percentage of principal amount | 101.00% |