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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2013
Long-Term Debt  
Schedule of long-term debt

 

 

 

Average Interest Rate at

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

December 31,

 

 

 

2013

 

2012

 

Maturity

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

4.75% Senior Notes due November 2014 (less unamortized discount of $187 and $411 at December 31, 2013 and 2012, respectively)

 

4.75

%

4.75

%

2014

 

$

599,813

 

$

599,589

 

4.00% Senior Notes due February 2022 (less unamortized discount of $1,027 and $1,154 at December 31, 2013 and 2012, respectively)

 

4.00

%

4.00

%

2022

 

498,973

 

498,846

 

Revolving Credit Facility

 

1.50

%

1.52

%

2018

 

927,300

 

500,400

 

Credit Agreement

 

1.16

%

 

2014

 

100,000

 

 

Receivables Securitization Facility

 

 

0.86

%

 

 

100,000

 

Notes payable to foreign banks and other debt

 

4.76

%

8.45

%

2014-2018

 

6,788

 

7,662

 

 

 

 

 

 

 

 

 

2,132,874

 

1,706,497

 

Less current portion

 

 

 

 

 

 

 

701,437

 

100,293

 

Total long-term debt

 

 

 

 

 

 

 

$

1,431,437

 

$

1,606,204

 

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:

 

2014

 

$

701,437

 

2015

 

953

 

2016

 

772

 

2017

 

394

 

2018

 

928,675

 

Thereafter

 

500,643

 

 

 

$

2,132,874