XML 55 R45.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Measurements and Derivative Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets:    
Cash and cash equivalents $ 254,821 $ 120,112
Fair Value, Measurements, Nonrecurring | Level 1    
Assets:    
Total Assets [1] 254,821 120,112
Liabilities:    
Long-term debt (including current portion of long-term debt) [1],[2] 0 0
Total Liabilities [1] 0 0
Fair Value, Measurements, Nonrecurring | Level 2    
Assets:    
Cash and cash equivalents [3],[4] 0 0
Total Assets [4] 0 0
Liabilities:    
Long-term debt (including current portion of long-term debt) [2],[4] 9,495,498 8,038,092
Total Liabilities [4] 9,495,498 8,038,092
Fair Value, Measurements, Nonrecurring | Level 3    
Assets:    
Cash and cash equivalents [3],[5] 0 0
Total Assets [5] 0 0
Liabilities:    
Long-term debt (including current portion of long-term debt) [2],[5] 0 0
Total Liabilities [5] 0 0
Fair Value, Measurements, Nonrecurring | Total Carrying Amount    
Assets:    
Cash and cash equivalents [3] 254,821  
Cash and cash equivalents [3]   120,112
Total Assets 254,821 120,112
Liabilities:    
Long-term debt (including current portion of long-term debt) [2] 9,041,183 7,506,312
Total Liabilities 9,041,183 7,506,312
Fair Value, Measurements, Nonrecurring | Total Carrying Amount | Level 1    
Assets:    
Cash and cash equivalents [1],[3] 254,821 120,112
Fair Value, Measurements, Nonrecurring | Total Fair Value    
Assets:    
Cash and cash equivalents [3] 254,821 120,112
Total Assets 254,821 120,112
Liabilities:    
Long-term debt (including current portion of long-term debt) [2] 9,495,498 8,038,092
Total Liabilities $ 9,495,498 $ 8,038,092
[1] Inputs based on quoted prices (unadjusted) in active markets for identical assets or liabilities that we have the ability to access. Valuation of these items does not entail a significant amount of judgment.
[2] Consists of unsecured revolving credit facilities, senior notes, senior debentures and term loans. These amounts do not include our capital lease obligations or commercial paper.
[3] Consists of cash and marketable securities with original maturities of less than 90 days.
[4] Inputs other than quoted prices included within Level 1 that are observable for the liability, either directly or indirectly. For unsecured revolving credit facilities and unsecured term loans, fair value is determined utilizing the income valuation approach. This valuation model takes into account the contract terms of our debt such as the debt maturity and the interest rate on the debt. The valuation model also takes into account the creditworthiness of the Company.
[5] Inputs that are unobservable. The Company did not use any Level 3 inputs as of September 30, 2018 and December 31, 2017.