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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2012
Long-Term Debt  
Schedule of long-term debt

 

 

 

 

Average Interest Rate at

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

December 31,

 

 

 

2012

 

2011

 

Maturity

 

2012

 

2011

 

 

 

 

 

 

 

 

 

 

 

 

 

4.75% Senior Notes due November 2014 (less unamortized discount of $411 and $635 at December 31, 2012 and December 31, 2011, respectively)

 

4.75

%

4.75

%

2014

 

$

599,589

 

$

599,365

 

4.00% Senior Notes due February 2022 (less unamortized discount of $1,154 at December 31, 2012)

 

4.00

%

N/A

 

2022

 

498,846

 

 

Revolving Credit Facility

 

1.52

%

1.55

%

2016

 

500,400

 

692,400

 

Receivables Securitization Facility

 

0.86

%

2.14

%

2014

 

100,000

 

81,700

 

Notes payable to foreign banks and other debt

 

8.45

%

6.23

%

2013-2018

 

7,662

 

3,664

 

 

 

 

 

 

 

 

 

1,706,497

 

1,377,129

 

Less current portion

 

 

 

 

 

 

 

100,293

 

298

 

Total long-term debt

 

 

 

 

 

 

 

$

1,606,204

 

$

1,376,831

 

Schedule of maturity of the Company's debt over each of the next five years and thereafter

The maturity of the Company’s debt over each of the next five years ending December 31 and thereafter, is as follows:

 

2013

 

$

100,293

 

2014

 

600,404

 

2015

 

94

 

2016

 

500,708

 

2017

 

6,152

 

Thereafter

 

498,846

 

 

 

$

1,706,497