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Subsequent Event
9 Months Ended
Sep. 30, 2013
Subsequent Events [Abstract]  
Subsequent Event
Subsequent Event
On October 29, 2013, the Board of Directors of the Company approved the repurchase of up to $500 million of the Company’s common stock either in the open market or through privately negotiated transactions. This share repurchase plan will be financed with available cash on hand, borrowings from the Company’s revolving credit facility or future debt issuances. The timing and the amount of any purchases will be determined by the Company based on an evaluation of market conditions, capital allocation alternatives, and other factors. The repurchase program does not require the Company to acquire any specific number of shares and may be modified, suspended, extended or terminated by the Company at any time without prior notice.