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Debt (Tables)
3 Months Ended
Mar. 31, 2013
Schedule of Debt

The Company’s debt at March 31, 2013 and December 31, 2012 consisted of the following:

 

 

 

March 31,

 

December 31,

 

 

2013

 

2012

4.95% senior notes due April 1, 2014

 

$

258.1   

 

$

258.1

5.50% senior notes due May 15, 2015

 

 

299.9   

 

 

299.9

8.60% senior notes due August 15, 2016

 

 

218.4

 

 

347.4

6.125% senior notes due January 15, 2017

 

 

350.4

 

 

523.3

7.25% senior notes due May 15, 2018

 

 

550.0

 

 

600.0

11.25% debentures due February 1, 2019 (a)

 

 

172.2

 

 

172.2

8.25% senior notes due March 15, 2019

 

 

450.0

 

 

450.0

7.625% senior notes due June 15, 2020

 

 

400.0

 

 

400.0

7.875% senior notes due March 15, 2021

 

 

447.8

 

 

-

8.875% debentures due April 15, 2021

 

 

80.9

 

 

80.9

6.625% debentures due April 15, 2029

 

 

199.4

 

 

199.4

8.820% debentures due April 15, 2031

 

 

69.0

 

 

69.0

Other (b)

 

 

37.7

 

 

38.4

Total debt

 

 

3,533.8

 

 

3,438.6

Less: current portion

 

 

(21.6)

 

 

(18.4)

Long-term debt

 

$

3,512.2

 

$

3,420.2

 

(a)              On May 17, 2011, June 14, 2012, August 2, 2012 and September 20, 2012, the interest rate on the 11.25% senior notes due February 1, 2019 was increased to 11.75%, 12.0%, 12.25% and 12.50%, respectively, as a result of downgrades in the ratings of the notes by the rating agencies.

(b)              Includes miscellaneous debt obligations, fair value adjustments to the 4.95% senior notes due April 1, 2014 and 8.25% senior notes due March 15, 2019 related to the Company’s fair value hedges and capital leases.