FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Available-for-Sale Securities Measured at Fair Value

The following is a summary of our available-for-sale securities measured at fair value:

	March 31, 2015
	Total		Level 1		Level 2		Level 3
	(in thousands)
Mutual funds(1)	$	751	$	-	$	751	$	-
Commercial paper		1,400		-		1,400		-
Total	$	2,151	$	-	$	2,151	$	-
	December 31, 2014
	Total		Level 1		Level 2		Level 3
	(in thousands)
Mutual funds(1)	$	2,216	$	-	$	2,216	$	-
Commercial paper		1,699		-		1,699		-
Total	$	3,915	$	-	$	3,915	$	-

⁽¹⁾ Various U.S. equities and other investments managed under mutual funds

Estimated Fair Values of Financial Instruments

The estimated fair values of certain of our financial instruments are as follows:

	March 31, 2015						December 31, 2014
	Carrying Amount			Fair Value			Carrying Amount			Fair Value
	(In thousands)
Balance Sheet Instruments
Cash and cash equivalents	$	600,636		$	600,636		$	665,309		$	665,309
Restricted cash and cash equivalents	$	199,764		$	199,764		$	187,585		$	187,585
Investments	$	2,151		$	2,151		$	3,915		$	3,915
Debt	$	(861,339	)	$	(773,619	)	$	(864,469	)	$	(737,980	)
Forward contracts	$	(58,456	)	$	(58,456	)	$	(46,912	)	$	(46,912	)