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DEBT (Tables)
3 Months Ended
Mar. 31, 2014
DEBT [Abstract]  
Summary of Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31

 

 

December 31

 

 

March 31

 

in thousands

2014 

 

 

2013 

 

 

2013 

 

Long-term Debt

 

 

 

 

 

 

 

 

6.30% notes due 2013 1

$                  0 

 

 

$                0 

 

 

$     140,430 

 

10.125% notes due 2015 2

151,674 

 

 

151,897 

 

 

152,520 

 

6.50% notes due 2016 3

127,678 

 

 

511,627 

 

 

514,221 

 

6.40% notes due 2017 4

218,578 

 

 

349,907 

 

 

349,892 

 

7.00% notes due 2018 5

399,783 

 

 

399,772 

 

 

399,741 

 

10.375% notes due 2018 6

248,888 

 

 

248,843 

 

 

248,716 

 

7.50% notes due 2021 7

600,000 

 

 

600,000 

 

 

600,000 

 

7.15% notes due 2037 8

239,564 

 

 

239,561 

 

 

239,555 

 

Medium-term notes

6,000 

 

 

6,000 

 

 

6,000 

 

Industrial revenue bonds

14,000 

 

 

14,000 

 

 

14,000 

 

Other notes

788 

 

 

806 

 

 

949 

 

Total long-term debt including current maturities

$    2,006,953 

 

 

$  2,522,413 

 

 

$  2,666,024 

 

Less current maturities

171 

 

 

170 

 

 

140,604 

 

Total long-term debt

$    2,006,782 

 

 

$  2,522,243 

 

 

$  2,525,420 

 

Estimated fair value of long-term debt

$    2,313,964 

 

 

$  2,820,399 

 

 

$  2,851,237 

 

 

 

 

 

Includes decreases for unamortized discounts, as follows: March 31, 2013 — $14 thousand.

Includes an increase for the unamortized portion of the deferred gain realized upon the August 2011 settlement of interest rate swaps, as follows: March 31, 2014 — $1,837 thousand, December 31, 2013 — $2,082 thousand and March 31, 2013 — $2,766 thousand. Additionally, includes decreases for unamortized discounts, as follows: March 31, 2014 — $163 thousand, December 31, 2013 — $185 thousand and March 31, 2013 — $246 thousand. The effective interest rate for these notes is 9.58%.

Includes an increase for the unamortized portion of the deferred gain realized upon the August 2011 settlement of interest rate swaps, as follows: March 31, 2014 — $2,677 thousand, December 31, 2013 — $11,627 thousand and March 31, 2013 — $14,221 thousand. The effective interest rate for these notes is 6.00%.

Includes decreases for unamortized discounts, as follows: March 31, 2014 — $55 thousand, December 31, 2013 — $93 thousand and March 31, 2013 — $108 thousand. The effective interest rate for these notes is 7.41%.

Includes decreases for unamortized discounts, as follows: March 31, 2014 — $217 thousand, December 31, 2013 — $228 thousand and March 31, 2013 — $259 thousand. The effective interest rate for these notes is 7.87%.  

Includes decreases for unamortized discounts, as follows: March 31, 2014 — $1,112 thousand, December 31, 2013 — $1,157 thousand and March 31, 2013 — $1,284 thousand. The effective interest rate for these notes is 10.63%.

The effective interest rate for these notes is 7.75%.

Includes decreases for unamortized discounts, as follows: March 31, 2014 — $624 thousand, December 31, 2013 — $627 thousand and March 31, 2013 — $633 thousand. The effective interest rate for these notes is 8.05%.