DEBT (Tables)

12 Months Ended

Dec. 31, 2011

Long-Term Debt

Long-term debt consisted of the following at December 31:

In thousands
	2011		2010
Obligations under capital leases	$	4,679	$	6,330
$1 billion revolver weighted average rate 1.73%, due in 2016		527,884		175,407
$215 million term loan		0		80,969
$100 million Private Placement notes 5.64%, due in 2015		100,000		100,000
$175 million Private Placement notes 3.89%, due in 2017		175,000		175,000
$225 million Private Placement notes 4.47%, due in 2020		225,000		225,000
Acquisition notes weighted average rate of 2.95% and weighted average maturity of 4.3 years		240,138		251,489
Foreign bank debt weighted average rate 6.73% and Weighted average maturity of 2.2 years		111,938		91,433
		1,384,639		1,105,628
Less: current portion		100,526		91,406
Total	$	1,284,113	$	1,014,222

Payments Due on Long-Term Debt, Excluding Capital Lease Obligations

Payments due on long-term debt, excluding capital lease obligations, during each of the five years subsequent to December 31, 2011 are as follows:

In thousands
2012	$	98,324
2013		80,730
2014		91,731
2015		134,940
2016		546,517
Thereafter		427,718
	$	1,379,960

Property Under Capital Leases Included with Property, Plant and Equipment

Property under capital leases included with property, plant and equipment in the accompanying consolidated balance sheets is as follows at December 31:

In thousands
	2011			2010
Buildings	$	768		$	518
Machinery and equipment		3,381			2,998
Vehicles		5,114			5,103
Office equipment and furniture		45			0
Less: accumulated depreciation		(2,845	)		(2,720	)
	$	6,463		$	5,899

Minimum Future Lease Payments under Capital Leases

Minimum future lease payments under capital leases are as follows:

In thousands
2012	$	2,572
2013		1,184
2014		556
2015		394
2016		253
Thereafter		476
Total minimum lease payments		5,435
Less: amounts representing interest		(756	)
Present value of net minimum lease payments		4,679
Less: current portion		(2,202	)
Long-term obligations under capital leases	$	2,477