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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Measurements  
Fair value of financial instruments

 

 

December 31,

 

 

 

2015

 

2014

 

 

 

Effective
Interest
Rate

 

Carrying
Value

 

Fair Value

 

Effective
Interest
Rate

 

Carrying
Value

 

Fair Value

 

 

 

(In thousands)

 

2.35% senior notes due September 2016

 

2.54% 

 

$

347,955 

 

$

347,708 

 

2.56% 

 

$

349,887 

 

$

346,980 

 

6.15% senior notes due February 2018

 

6.35% 

 

921,162 

 

935,962 

 

6.42% 

 

930,693 

 

991,920 

 

9.25% senior notes due January 2019

 

9.33% 

 

339,607 

 

342,575 

 

9.33% 

 

339,607 

 

403,531 

 

5.00% senior notes due September 2020

 

5.24% 

 

683,839 

 

617,409 

 

5.20% 

 

698,253 

 

687,953 

 

4.625% senior notes due September 2021

 

4.74% 

 

698,628 

 

581,630 

 

4.75% 

 

698,388 

 

661,619 

 

5.10% senior notes due September 2023

 

5.24% 

 

349,021 

 

280,907 

 

5.26% 

 

348,893 

 

332,759 

 

Term loan facility

 

1.39% 

 

325,000 

 

325,000 

 

0.00% 

 

 

 

Revolving credit facility

 

1.48% 

 

 

 

3.47% 

 

450,000 

 

450,000 

 

Commercial paper

 

0.56% 

 

8,000 

 

8,000 

 

0.59% 

 

533,119 

 

533,119 

 

Other

 

0.00% 

 

6,508 

 

6,508 

 

0.00% 

 

6,209 

 

6,209 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3,679,720 

 

$

3,445,699 

 

 

 

4,355,049 

 

$

4,414,090 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less: deferred financing costs

 

 

 

18,012 

 

 

 

 

 

17,019 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

3,661,708 

 

 

 

 

 

$

4,338,030