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SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Details 2)
3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended
Feb. 13, 2012
USD ($)
Mar. 31, 2012
Senior Secured Credit Facilities
denominator
numerator
Mar. 31, 2012
Senior Secured Credit Facilities
Base rate
Mar. 31, 2012
Senior Secured Credit Facilities
LIBO
Mar. 31, 2012
Revolving Credit Facility
Feb. 13, 2012
Revolving Credit Facility
USD ($)
Mar. 31, 2012
Senior Secured Term Loan A Facility
USD ($)
Feb. 13, 2012
Senior Secured Term Loan A Facility
USD ($)
Mar. 31, 2012
Delayed Draw Facility
Feb. 13, 2012
Delayed Draw Facility
USD ($)
Feb. 13, 2012
Incremental Term Loans
USD ($)
Mar. 31, 2012
Senior Secured Term Loan B Facility
USD ($)
Feb. 13, 2012
Senior Secured Term Loan B Facility
USD ($)
Mar. 31, 2012
Brazil Uncommitted Line of Credit
USD ($)
Feb. 29, 2012
Brazil Uncommitted Line of Credit
USD ($)
Feb. 29, 2012
Brazil Uncommitted Line of Credit
BRL
Feb. 29, 2012
Brazil Uncommitted Line of Credit
Interbank Deposit Certificate Rate
Long-term debt, net of unamortized debt discount                                  
Maximum borrowing capacity $ 3,100,000,000         $ 275,000,000   $ 2,225,000,000   $ 500,000,000 $ 500,000,000   $ 600,000,000   $ 8,800,000 16,000,000  
Borrowings under line of credit                           7,364,000      
Remaining availability under credit agreement                           1,400,000      
Quarterly amortization of credit facilities, initial rate (as a percent)             5.00%         1.00%          
Annual amortization of credit facilities commencing March 31, 2013 (as a percent)             10.00%                    
Annual amortization of credit facilities commencing March 31, 2014 (as a percent)             20.00%                    
Aggregate principal amount outstanding             $ 2,160,000,000         $ 590,800,000          
Nation's thirty largest banks, minimum percentage   75.00%                              
Spread over federal funds effective rate (as a percent)   0.50%                              
Interest rate margin (as a percent)     1.75% 2.75%                         0.23%
Effective rate (as a percent)         4.10%   3.40%         3.80%   1.00%      
Commitment fee, unutilized commitments, percentage         0.50%                        
Commitment fee, average aggregate daily maximum amount available to be drawn, percentage                 0.50%                
Percentage of cash proceeds from asset sales outside the ordinary course of business payable as mandatory prepayments   100.00%                              
Percentage of net cash proceeds of insurance and condemnation proceeds for property or asset losses   100.00%                              
Percentage of cash proceeds from issuance of equity securities payable as mandatory prepayments   50.00%                              
Percentage of cash proceeds from incurrence of debt   100.00%                              
Percentage of annual excess cash flow   50.00%                              
Percentage of capital stock of the entity and domestic subsidiaries pledged as collateral for borrowings   100.00%                              
Percentage of capital stock of foreign subsidiaries pledged as collateral for borrowings   65.00%                              
Percentage of capital stock of the entity and each other subsidiary of the company (other than Valeant's subsidiaries) that is owned by a guarantor   100.00%                              
Secured leverage ratio for last day of each quarter including the fiscal quarter ending March 31, 2012, maximum, numerator   2.50                              
Secured leverage ratio for last day of each quarter including the fiscal quarter ending March 31, 2012, maximum, denominator   1.00                              
Interest coverage ratio, maximum, numerator   3.00                              
Interest coverage ratio, maximum, denominator   1.00