FINANCING ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2013

Debt Disclosure [Abstract]

Summary of the entity's financial arrangements

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

	September 30, 2013		December 31, 2012
Senior unsecured notes, at 5.25%, due August 1, 2020	$	800,000	$	800,000
Senior unsecured notes, at 5.125%, due June 1, 2021	600,000		600,000
Revolving credit facility, due January 17, 2018	—		—
Long-term obligations	$	1,400,000	$	1,400,000