SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)

3 Months Ended

Mar. 31, 2012

SHORT-TERM BORROWINGS AND LONG-TERM DEBT

Schedule of long-term debt

	Maturity Date	As of March 31 2012			As of December 31 2011
Short-term borrowings
Brazil Uncommitted Line of Credit(a)	August 2012	$	7,364		$	—
Long-term debt
Revolving Credit Facility(b)	April 2016	$	—		$	220,000
Term Loan A Facility(b)	April 2016		2,159,993			2,185,520
Term Loan B Facility(b)	February 2019		590,815			—
Senior Notes:
6.50%	July 2016		915,500			915,500
6.75%	October 2017		498,038			497,949
6.875%	December 2018		938,601			938,376
7.00%	October 2020		686,336			686,228
6.75%	August 2021		650,000			650,000
7.25%	July 2022		540,654			540,427
5.375% Convertible Notes(c)	August 2014		16,138			17,011
			6,996,075			6,651,011
Less current portion			(145,062	)		(111,250	)
Total long-term debt		$	6,851,013		$	6,539,761

(a)

Short-term borrowings under uncommitted line of credit have been included in Accrued liabilities and other current liabilities on the consolidated balance sheets.

(b)

On February 13, 2012, the Company and certain of its subsidiaries amended and restated the credit agreement to provide for a facility of up to $3.1 billion and amend certain other provisions.

(c)

Refer to note 11 — Securities Repurchase Program.