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Debt and Credit Agreements (Tables)
12 Months Ended
Dec. 31, 2012
Debt Disclosure [Abstract]  
Schedule of Line of Credit Facilities
The following table illustrates the amounts outstanding on credit facilities and commercial paper programs, and available credit at December 31, 2012. These credit facilities and programs are described in more detail below the table.
Summary of Credit Facilities and Commercial Paper Programs at December 31, 2012
(In thousands)
 
Facility
Limit
 
Outstanding
Balance
 
Available
Credit
 
U.S. commercial paper program
 
$
550,000

 
$
39,497

 
$
510,503

 
Euro commercial paper program
 
263,900

 

 
263,900

 
Multi-year revolving credit facility (a)
 
525,000

 
50,000

 
475,000

 
Totals
 
$
1,338,900

 
$
89,497

 
$
1,249,403

(b)
(a)
U.S.-based program.
(b)
Although the Company has significant available credit, in practice, the Company limits aggregate commercial paper and credit facility borrowings at any one-time to a maximum of $525 million (the amount of the back-up facility).
Schedule of Long-term Debt Instruments
 
 
Long-Term Debt
(In thousands)
 
December 31
2012
 
December 31
2011
5.75% notes due May 15, 2018
 
$
447,931

 
$
447,613

5.125% notes due September 15, 2013
 
149,875

 
149,705

2.7% notes due October 15, 2015
 
249,022

 
248,681

Other financing payable in varying amounts due principally through 2018 with a weighted-average interest rate of 2.7% and 9.4% at December 31, 2012 and 2011, respectively
 
113,878

 
11,359

 
 
960,706

 
857,358

Less: current maturities
 
(3,278
)
 
(3,558
)
Total Long-term Debt
 
$
957,428

 
$
853,800

Schedule of Maturities of Long-term Debt
The maturities of long-term debt for the four years following December 31, 2013 are as follows:
(In thousands)
 
2014
$
14,770

2015
252,312

2016
1,357

2017
240,683