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Debt (Tables)

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Debt



	Weighted-Average Interest Rate
	June 30, 2014		December 31, 2013		Maturities		June 30, 2014				December 31, 2013
							(In thousands)
Short-term debt and current portion of long-term debt:
Short-term debt	1.28%		1.70%		2014		$	1,604			1,315
U.S. commercial paper ⁽¹⁾	0.26%		—%		2014		144,000				—
Current portion of long-term debt, including capital leases							412,077				258,123
Total short-term debt and current portion of long-term debt							557,681				259,438
Long-term debt:
U.S. commercial paper ⁽¹⁾	0.26%		0.28%		2018		375,949				486,939
Canadian commercial paper ⁽¹⁾	—%		1.13%		2018		—				11,297
Unsecured U.S. notes — Medium-term notes⁽¹⁾	3.29%		3.76%		2015-2025		3,771,238				3,271,734
Unsecured U.S. obligations, principally bank term loans	1.44%		1.45%		2015-2018		55,500				55,500
Unsecured foreign obligations	1.99%		1.99%		2015-2016		324,423				315,558
Capital lease obligations	3.69%		3.81%		2014-2019		36,584				38,911
Total before fair market value adjustment							4,563,694				4,179,939
Fair market value adjustment on notes subject to hedging ⁽²⁾							7,855				8,171
							4,571,549				4,188,110
Current portion of long-term debt, including capital leases							(412,077		)		(258,123	)
Long-term debt							4,159,472				3,929,987
Total debt							$	4,717,153			4,189,425

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(1)	We had unamortized original issue discounts of $8.8 million and $8.3 million at June 30, 2014 and December 31, 2013, respectively.


(2)	The notional amount of executed interest rate swaps designated as fair value hedges was $600 million and $400 million at June 30, 2014 and December 31, 2013, respectively.