FINANCING ARRANGEMENTS (Tables)

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Summary of the entity's financial arrangements

The following table is a summary of the Company’s financing arrangements (in thousands):

	June 30, 2014		December 31, 2013
Senior unsecured notes, at 5.25%, due August 1, 2020	$	800,000	$	800,000
Senior unsecured notes, at 5.125%, due June 1, 2021	595,000		600,000
Long-term obligations	$	1,395,000	$	1,400,000