Debt Arrangements (Tables)

3 Months Ended

Mar. 31, 2014

Net Carrying Amount of Debt

The Company’s net carrying amount of debt is comprised of the following:

(000’s omitted)	March 31, 2014		December 31, 2013
Senior Secured Notes	$	821,575	$	836,888
1.50% Convertible Notes		327,354		323,418
2.50% Convertible Notes		270,155		267,013
Total	$	1,419,084	$	1,427,319

Company's Debt Maturities on Calendar Year Basis

As of March 31, 2014, the Company’s debt maturities on a calendar year basis are as follows:

(000’s omitted)	Total		April 1 through December 31, 2014		2015		2016		2017		2018		Thereafter
Senior Secured	$	821,575	$	45,938	$	61,250	$	61,250	$	61,250	$	61,250	$	530,637
1.50% Convertible Notes (1)		327,354		—		—		—		—		327,354		—
2.50% Convertible Notes (2)		270,155		—		—		270,155		—		—		—
Total	$	1,419,084	$	45,938	$	61,250	$	331,405	$	61,250	$	388,604	$	530,637

⁽¹⁾  Reflects the net debt carrying amount of the 1.50% Convertible Notes in the consolidated balance sheet as of March 31, 2014, in accordance with accounting for convertible notes. The principal amount owed to the holders of the 1.50% Convertible Notes is $400.0 million.

⁽²⁾  Reflects the net debt carrying amount of the 2.50% Convertible Notes in the consolidated balance sheet as of March 31, 2014, in accordance with accounting for convertible notes. The principal amount owed to the holders of the 2.50% Convertible Notes is $300.0 million.

1.50% Convertible Notes

Details of Convertible Notes Reflected on Consolidated Balance Sheet

As of March 31, 2014 and December 31, 2013, the amount of the 1.50% Convertible Notes accounted for as a liability was approximately $327.4 million and $323.4 million, respectively, and is reflected on the consolidated balance sheet as follows:

	March 31,		December 31,
(000’s omitted)	2014		2013
Equity component carrying amount	$	49,931	$	49,931
Unamortized discount		72,646		76,582
Net debt carrying amount		327,354		323,418

2.50% Convertible Notes

Details of Convertible Notes Reflected on Consolidated Balance Sheet

As of March 31, 2014 and December 31, 2013, the amount of the 2.50% Convertible Notes accounted for as a liability was approximately $270.2 million and $267.0 million, respectively, and is reflected on the consolidated balance sheet as follows:

	March 31,		December 31,
(000’s omitted)	2014		2013
Equity component carrying amount	$	35,996	$	35,996
Unamortized discount		29,845		32,987
Net debt carrying amount		270,155		267,013