FINANCING ARRANGEMENTS (Tables)

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Summary of the entity's financial arrangements

The following table is a summary of the Company’s financing arrangements (in thousands):

	March 31, 2015		December 31, 2014
Senior unsecured notes, at 5.25%, due August 1, 2020	$	800,000	$	800,000
Senior unsecured notes, at 5.125%, due June 1, 2021	595,000		595,000
Long-term obligations	$	1,395,000	$	1,395,000