Debt and Credit Agreements (Tables)

12 Months Ended

Dec. 31, 2011

Debt and Credit Agreements

Schedule of credit facilities and programs

(In thousands)	Facility Limit		Outstanding Balance		Available Credit
U.S. commercial paper program	$	550,000	$	39,986	$	510,014
Euro commercial paper program		259,200		—		259,200
Multi-year revolving credit facility(a)		570,000		—		570,000
Bilateral credit facility(b)		25,000		—		25,000
Totals at December 31, 2011	$	1,404,200	$	39,986	$	1,364,214	(c)

(a)

U.S.-based program.

(b)

International-based program.

(c)

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 $595.0 million (the aggregate amount of the back-up facilities).

Schedule of long-term debt

	Long-Term Debt
(In thousands)	2011			2010
5.75% notes due May 15, 2018	$	447,613		$	447,312
5.125% notes due September 15, 2013		149,705			149,544
2.7% notes due October 15, 2015		248,681			248,350
Other financing payable in varying amounts due principally through 2016 with a weighted-average interest rate of 9.4% and 7.9% at December 31, 2011 and 2010, respectively		11,359			8,529
		857,358			853,735
Less: current maturities		(3,558	)		(4,011	)
Total Long-term Debt	$	853,800		$	849,724

Schedule of maturities of long-term debt

(In thousands)
2013	153,369
2014	2,170
2015	250,238
2016	159