XML 63 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6
DEBT (Tables)
12 Months Ended
Dec. 31, 2012
Long-Term Debt

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

 

In thousands

 
     2012      2011  

Obligations under capital leases

   $ 5,234       $ 4,679   

$1 billion revolver weighted average rate 1.62%, due in 2016

     225,931         527,884   

$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   

$125 million Private Placements notes 2.68% due in 2019

     125,000         0   

$225 million Private Placement notes 4.47%, due in 2020

     225,000         225,000   

$125 million Private Placements notes 3.26% due in 2022

     125,000         0   

Acquisition notes weighted average rate of 2.60% and weighted average maturity of 3.8 years

     235,856         240,138   

Foreign bank debt weighted average rate 5.83% and Weighted average maturity of 2.0 years

     139,063         111,938   
  

 

 

    

 

 

 
     1,356,084         1,384,639   

Less: current portion

     87,781         100,526   
  

 

 

    

 

 

 

Total

   $ 1,268,303       $ 1,284,113   
  

 

 

    

 

 

 
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, 2012 are as follows:

 

In thousands

 

2013

   $ 85,421   

2014

     147,524   

2015

     159,050   

2016

     266,276   

2017

     196,672   

Thereafter

     495,907   
  

 

 

 
   $ 1,350,850   
  

 

 

 
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

 
     2012     2011  

Land

   $ 190      $ 186   

Buildings

     528        768   

Machinery and equipment

     2,451        3,381   

Vehicles

     7,377        5,114   

Office equipment and furniture

     123        45   

Less: accumulated depreciation

     (4,059     (2,845
  

 

 

   

 

 

 
   $ 6,610      $ 6,649   
  

 

 

   

 

 

 
Minimum Future Lease Payments under Capital Leases

Minimum future lease payments under capital leases are as follows:

 

In thousands

 

2013

   $ 2,590   

2014

     1,633   

2015

     728   

2016

     354   

2017

     92   

Thereafter

     426   
  

 

 

 

Total minimum lease payments

     5,823   

Less: amounts representing interest

     (589
  

 

 

 

Present value of net minimum lease payments

     5,234   

Less: current portion

     (2,360
  

 

 

 

Long-term obligations under capital leases

   $ 2,874