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Debt (Tables)
6 Months Ended
Jun. 30, 2014
Debt  
Schedule of debt

 

 

 

 

June 30, 2014

 

December 31, 2013

 

 

 

Carrying
Amount

 

Approximate
Fair Value

 

Carrying
Amount

 

Approximate
Fair Value

 

4.75% Senior Notes due November 2014 (1)

 

$

599,925

 

$

610,680

 

$

599,813

 

$

621,000

 

4.00% Senior Notes due February 2022 (1)

 

499,037

 

516,000

 

498,973

 

491,000

 

2.55% Senior Notes due January 2019 (1)

 

748,943

 

761,325

 

 

 

Revolving Credit Facility

 

290,000

 

290,000

 

927,300

 

927,300

 

Credit Agreement

 

200,000

 

200,000

 

100,000

 

100,000

 

Notes payable to foreign banks and other debt

 

5,656

 

5,656

 

6,788

 

6,788

 

Total debt

 

2,343,561

 

2,383,661

 

2,132,874

 

2,146,088

 

Less short-term debt

 

(800,670

)

(811,425

)

(701,437

)

(722,624

)

Long-term debt

 

$

1,542,891

 

$

1,572,236

 

$

1,431,437

 

$

1,423,464