2.2.0.25falsefalse01090 - Disclosure - Debttruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010 USD ($) USD ($) / shares $FROM_Jan01_2010_TO_Dec31_2010http://www.sec.gov/CIK0000899881duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170EPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0pld_DebtAbstractpldfalsenadurationDebt [Abstract]falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringDebt [Abstract]falsefalseDebt [Abstract]3false0us-gaap_DebtDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse009. Debt Our debt consisted of the following as of December 31 (dollars in thousands):<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 13px"><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 237px; text-align:left;border-color:#000000;min-width:237px;"> </td><td colspan="5" style="width: 179px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:179px;">2010</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td colspan="5" style="width: 182px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:182px;">2009</td></tr><tr style="height: 29px"><td style="width: 18px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 237px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:237px;"> </td><td colspan="2" style="width: 82px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:82px;">Weighted Average Interest Rate</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 85px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:85px;">Amount Outstanding</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 82px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:82px;">Weighted Average Interest Rate</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 88px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:88px;">Amount Outstanding</td></tr><tr style="height: 15px"><td colspan="2" style="width: 255px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:255px;">Credit Facility ("Global Line")</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 3.53</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;">$</td><td style="width: 73px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:73px;"> 520,141</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 2.27</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;">$</td><td style="width: 76px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:76px;"> 736,591</td></tr><tr style="height: 15px"><td colspan="2" style="width: 255px; text-align:left;border-color:#000000;min-width:255px;">Senior notes</td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 6.63</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 73px; text-align:right;border-color:#000000;min-width:73px;"> 3,195,724</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 6.31</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 76px; text-align:right;border-color:#000000;min-width:76px;"> 4,047,905</td></tr><tr style="height: 15px"><td colspan="2" style="width: 255px; text-align:left;border-color:#000000;min-width:255px;">Convertible senior notes (1)</td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 4.90</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 73px; text-align:right;border-color:#000000;min-width:73px;"> 1,521,568</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 5.55</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 76px; text-align:right;border-color:#000000;min-width:76px;"> 2,078,441</td></tr><tr style="height: 15px"><td colspan="2" style="width: 255px; text-align:left;border-color:#000000;min-width:255px;">Secured mortgage debt</td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 5.67</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 73px; text-align:right;border-color:#000000;min-width:73px;"> 1,249,729</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 6.40</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 76px; text-align:right;border-color:#000000;min-width:76px;"> 1,090,126</td></tr><tr style="height: 15px"><td colspan="2" style="width: 255px; text-align:left;border-color:#000000;min-width:255px;">Assessment bonds</td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 6.48</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:73px;"> 18,867</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 6.49</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 76px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:76px;"> 24,715</td></tr><tr style="height: 15px"><td colspan="2" style="width: 255px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:255px;">Totals</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 5.79</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 73px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:73px;"> 6,506,029</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 5.75</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">%</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 76px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:76px;"> 7,977,778</td></tr></table></div>(1)       The interest rates presented represent the effective interest rates (including amortization of the non-cash discount related to these notes). The weighted average coupon interest rate was 2.6% as of December 31, 2010 and 2.2% as of December 31, 2009. During the years noted below, in connection with our announced initiatives to stagger and extend our debt maturities and reduce debt, we repurchased portions of several series of senior and convertible senior notes outstanding with maturities ranging from 2012 to 2020, including a tender offer completed in the fourth quarter of 2010, principally with proceeds from the issuance of equity and the sale of assets. In addition in 2010, we repaid certain secured mortgage debt in connection with the sale of two properties in Japan. The repurchase activity is summarized as follows (in thousands): <div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 13px"><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 355px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:355px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:66px;">2010</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:66px;">2009</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:66px;">2008</td></tr><tr style="height: 15px"><td colspan="2" style="width: 367px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:367px;">Convertible senior notes (1):</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:66px;"> </td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;">Original principal amount</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 1,145,642</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 653,993</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> -</td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;">Cash purchase price</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 1,092,586</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 454,023</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> -</td></tr><tr style="height: 15px"><td colspan="2" style="width: 367px; text-align:left;border-color:#000000;min-width:367px;">Senior notes:</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;">Original principal amount</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 1,724,946</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 587,698</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 309,722</td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;">Cash purchase price</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 1,874,829</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 545,618</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 216,805</td></tr><tr style="height: 15px"><td colspan="2" style="width: 367px; text-align:left;border-color:#000000;min-width:367px;">Secured mortgage debt:</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;">Original principal amount</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 134,721</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 227,017</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> -</td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;">Cash repayment price</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 137,061</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 227,017</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> -</td></tr><tr style="height: 15px"><td colspan="2" style="width: 367px; text-align:left;border-color:#000000;min-width:367px;">Total:</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;">Original principal amount</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 3,005,309</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 1,468,708</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 309,722</td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;">Cash purchase / repayment price</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 3,104,476</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 1,226,658</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> 216,805</td></tr><tr style="height: 15px"><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 355px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:355px;">Gain (loss) on early extinguishment of debt, net (2)</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:66px;"> (201,486)</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:66px;"> 172,258</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:66px;"> 90,719</td></tr></table></div>(1)       Although the cash purchase price is less than the principal amount outstanding, the repurchase of these notes resulted in a non-cash loss in 2010 due to the write off of the non-cash discount associated with the notes repurchased.  (2)       Represents the difference between the recorded debt (including unamortized related debt issuance costs, premiums and discounts) and the consideration we paid to retire the debt, which may include prepayment penalties and costs. Credit Facilities – Global Line Information related to our Global Line are summarized as follows (dollars in millions):<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 13px"><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 382px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:382px;"> </td><td colspan="2" style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:64px;">2010</td><td colspan="2" style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:64px;">2009</td><td style="width: 3px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:64px;">2008</td></tr><tr style="height: 13px"><td colspan="5" style="width: 430px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:430px;">For the years ended December 31:</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 56px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:56px;"> </td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 56px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:56px;"> </td><td style="width: 3px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 56px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:56px;"> </td></tr><tr style="height: 14px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td colspan="4" style="width: 418px; text-align:left;border-color:#000000;min-width:418px;">Weighted average daily interest rate</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;">2.47%</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;">1.62%</td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;">3.26%</td></tr><tr style="height: 14px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td colspan="4" style="width: 418px; text-align:left;border-color:#000000;min-width:418px;">Weighted average daily borrowings</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 501.1</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 1,641.9</td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 3,248.4</td></tr><tr style="height: 14px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td colspan="4" style="width: 418px; text-align:left;border-color:#000000;min-width:418px;">Maximum borrowings outstanding at any month-end</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 1,010.2</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 3,285.3</td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 3,663.6</td></tr><tr style="height: 14px"><td colspan="5" style="width: 430px; text-align:left;border-color:#000000;min-width:430px;">As of December 31:</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> </td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> </td></tr><tr style="height: 14px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td colspan="4" style="width: 418px; text-align:left;border-color:#000000;min-width:418px;">Aggregate borrowing capacity </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 1,601.5</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 2,164.8</td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 4,432.1</td></tr><tr style="height: 14px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td colspan="4" style="width: 418px; text-align:left;border-color:#000000;min-width:418px;">Borrowings outstanding</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 520.1</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 736.6</td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 3,218.3</td></tr><tr style="height: 14px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td colspan="4" style="width: 418px; text-align:left;border-color:#000000;min-width:418px;">Outstanding letters of credit</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 88.2</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 114.9</td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; text-align:right;border-color:#000000;min-width:56px;"> 142.4</td></tr><tr style="height: 14px"><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td colspan="4" style="width: 418px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:418px;">Aggregate remaining capacity available</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:56px;"> 993.2</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:56px;"> 1,080.4</td><td style="width: 3px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;">$</td><td style="width: 56px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:56px;"> 1,071.5</td></tr></table></div>We may draw funds from a syndicate of banks in U.S. dollars, euros, Japanese yen and British pound sterling. Based on our public debt ratings and a pricing grid, interest on the borrowings under the Global Line accrues at a variable rate (3.53% per annum at December 31, 2010 based on a weighted average using local currency rates) and is based upon the interbank offered rate in each respective jurisdiction in which the borrowings are outstanding. The facility matures on August 12, 2012. On June 30, 2010, we amended the Global Line to reduce the size of the aggregate commitments to $2.25 billion (subject to currency fluctuations), by eliminating the Korea won and Canadian dollar tranches and reducing the euro and Japanese yen tranches. In addition to reducing the commitments, among other amended items, we eliminated the borrowing base covenant and replaced it with a debt yield covenant that requires us to maintain a ratio of qualified net operating income to certain specified debt, as of the last day of each fiscal quarter. In December 2010, we further reduced the size of our aggregate commitments to $1.6 billion by reducing the U.S. dollar, euro and Japanese yen tranches. Senior Notes On March 16, 2010, we issued $1.1 billion of senior notes, consisting of $300.0 million at 6.25% maturing in 2017, at 99.637% of par value for an all-in-rate of 6.315% and $800.0 million at 6.875% maturing in 2020, at 99.765% of par value for an all-in-rate of 6.908%. The proceeds were used to repay borrowings under our Global Line. Our senior and other notes outstanding at December 31, 2010 are summarized as follows (dollars in thousands): <div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 27px"><td colspan="2" style="width: 475px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:475px;">Maturity Date</td><td colspan="2" style="width: 76px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:76px;">Principal Balance</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:54px;">Coupon Rate</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:475px;">Senior Notes:</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:54px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">April 1, 2012 (1)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 58,935</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">5.50</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">March 1, 2013 (1)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 61,443</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">5.50</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">August 15, 2014 (1)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 350,000</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">7.63</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">February 1, 2015 (2)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 59,356</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">7.81</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">March 1, 2015 (3)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 6,299</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">9.34</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">November 15, 2015 (1)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 155,320</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">5.63</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">April 1, 2016 (1)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 197,758</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">5.75</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">May 15, 2016 (4)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 41,003</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">8.65</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">November 15, 2016 (1)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 182,104</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">5.63</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">March 15, 2017 (1) (5)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 300,000</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">6.25</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">July 1, 2017 (1)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 100,000</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">7.63</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">May 15, 2018 (1)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 600,000</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">6.63</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">October 30, 2019 (1)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> 396,641</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">7.38</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">March 15, 2020 (1) (5)</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:64px;"> 561,049</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">6.88</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 463px; text-align:left;border-color:#000000;min-width:463px;">Total senior notes</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"> 3,069,908</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:left;border-color:#000000;min-width:54px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">Eurobond notes - April 13, 2011 (1) (6)</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:64px;"> 133,260</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:right;border-color:#000000;min-width:54px;">4.38</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; text-align:left;border-color:#000000;min-width:475px;">Total par value</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"> 3,203,168</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:left;border-color:#000000;min-width:54px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 463px; text-align:left;border-color:#000000;min-width:463px;">Discount, net</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:64px;"> (7,444)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; text-align:left;border-color:#000000;min-width:54px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td></tr><tr style="height: 15px"><td colspan="2" style="width: 475px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:475px;">Total senior and other notes, net</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:64px;"> 3,195,724</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 54px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:54px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td></tr></table></div>(1) Principal due at maturity. (2) Beginning on February 1, 2010, and through February 1, 2015, requires annual principal payments ranging from $7.4 million to $14.8 million. (3) Beginning on March 1, 2010, and through March 1, 2015, requires annual principal payments ranging from $0.9 million to $1.7 million. (4) Beginning on May 15, 2010, and through May 15, 2016, requires annual principal payments ranging from $4.6 million to $11.4 million. (5) We issued these notes in March 2010. (6) Represents notes with principal outstanding of €101.3 million. Our obligations under the senior notes are effectively subordinated in certain respects to any of our debt that is secured by a lien on real property, to the extent of the value of such real property. The senior notes require interest payments be made quarterly, semi-annually or annually.  We have designated the senior and other notes and our credit facilities as “Designated Senior Debt” under and as defined in the Amended and Restated Security Agency Agreement dated as of October 6, 2005 (the “Security Agency Agreement”) among various creditors (or their representatives) and Bank of America, N.A., as Collateral Agent. The Security Agency Agreement provides that all Designated Senior Debt holders will, subject to certain exceptions and limitations, have the benefit of certain pledged intercompany receivables and share payments and other recoveries received post default/post acceleration so that all Designated Senior Debt holders receive payment of substantially the same percentage of their respective credit obligations. In connection with the amendments to our Global Line described above, we amended the terms of the Security Agency Agreement to permit us to pledge collateral (“Specified Collateral”) to the holders of certain Designated Senior Debt (“Specified DS Debt”) without subjecting that collateral to the sharing arrangements with other holders of Designated Senior Debt. The Specified Collateral may include any property owned by us or any of our consolidated subsidiaries, except that no property that constitutes pledged collateral for all Designated Senior Debt may become Specified Collateral. No proceeds from Specified Collateral received by holders of Specified DS Debt will be deducted or otherwise taken into consideration when allocating proceeds among the credit parties pursuant to the Security Agency Agreement unless the holder of such Designated Senior Debt has been paid in full. All of the senior and other notes are redeemable at any time at our option, subject to certain prepayment penalties. Such redemption and other terms are governed by the provisions of indenture agreements, various note purchase agreements and a trust deed.Convertible Senior Notes On March 16, 2010, we issued $460.0 million of 3.25% convertible senior notes maturing in 2015 (“2010 Convertible Notes”). The 2010 Convertible Notes are convertible at any time by holders at an initial conversion rate of 57.8503 shares per $1,000 principal amount of notes, equivalent to an initial conversion price of approximately $17.29 per share, subject to adjustment upon the occurrence of certain events. The holders of the notes have the right to require us to repurchase their notes for cash at any time on or prior to the maturity date upon a change in control or a termination of trading (each as defined in the notes). Due to the terms of the 2010 Convertible Notes, including that a conversion must be settled in common shares, the accounting for these notes is different than the convertible senior notes we issued in 2007 and 2008. The 2010 Convertible Notes are reflected at the issuance amount and interest is recognized based on the stated coupon rate and the amortization of the cash discount. The conversion of these notes into shares, and the corresponding adjustment to interest expense, are included in our computation of diluted earnings per share, unless the impact is anti-dilutive. During 2010, the impact of these notes was anti-dilutive.  We also issued three series of convertible senior notes in 2007 and 2008 and refer to them collectively as the 2007 and 2008 Convertible Notes ($550 million issued May 2008, $1.25 billion issued March 2007, and $1.12 billion issued November 2007). During 2010 and 2009, we repurchased portions of the convertible notes with an aggregate principal amount of $1.1 billion and $654.0 million, respectively.  The 2007 and 2008 Convertible Notes are senior obligations of ProLogis and are convertible, under certain circumstances, for cash, our common shares or a combination of cash and our common shares, at our option, at a conversion rate per $1,000 of principal amount of the notes of 13.1614 shares for the March 2007 issuance, 12.2926 shares for the November 2007 issuance and 13.1203 shares for the May 2008 issuance. The initial conversion price ($76.58 for the March 2007 issuance, $82.00 for the November 2007 issuance and $76.22 for the May 2008 issuance) represented a premium of approximately 20% over the closing price of our common shares at the date of first sale and is subject to adjustment under certain circumstances. The convertible notes, issued in 2007 and 2008, are redeemable at our option beginning in 2012 and 2013, respectively, for the principal amount plus accrued and unpaid interest and at any time prior to maturity to the extent necessary to preserve our status as a REIT. Holders of the 2007 and 2008 Convertible Notes have the right to require us to repurchase their notes for cash on specific dates approximately every five years beginning in 2012 and 2013 and at any time prior to their maturity upon certain limited circumstances. Therefore, we have reflected these amounts in 2012 and 2013 in the schedule of debt maturities below based on the first put date and we will amortize the discount through these dates. While we have the legal right to settle the conversion in either cash or shares, we intend to settle the principal balance of the 2007 and 2008 Convertible Notes in cash and, therefore, we have not included the effect of the conversion of these notes in our computation of diluted earnings per share. Based on the current conversion rates, 14.6 million shares would be required to settle the principal amount in shares. Such potentially dilutive shares, and the corresponding adjustment to interest expense, are not included in our computation of diluted earnings per share. The amount in excess of the principal balance of the notes (the “Conversion Spread”) will be settled in cash or, at our option, ProLogis common shares. If the Conversion Spread becomes dilutive to our earnings per share, (i.e., if our share price exceeds $75.98 for the March 2007 issuance, $81.35 for the November 2007 issuance or $76.22 for the May 2008 issuance) we will include the shares required to satisfy the conversion spread in our computation of diluted earnings per share. The 2007 and 2008 Convertible Notes have different terms and, therefore, different accounting than the 2010 Convertible Notes. As discussed in the summary of significant accounting policies, we are required to account for the liability and equity components of the 2007 and 2008 Convertible Notes separately due to our ability to settle the conversion of the debt and conversion spread, at our option, in cash, common shares, or a combination of cash and shares. The value assigned to the debt component is the estimated fair value at the date of issuance of a similar without the conversion feature, which results in the debt being recorded at a discount. The resulting debt discount is amortized over the estimated remaining life of the debt as additional non-cash interest expense. The unamortized discount at December 31, 2010 and 2009 was $59.3 million and $188.1 million, respectively. The carrying amount of the equity component is determined by deducting the fair value of the debt component from the initial proceeds of the convertible debt instrument as a whole. Additional paid-in capital under the conversion option was $381.5 million at December 31, 2010 and 2009. Interest expense related to our convertible senior notes for the years ended December 31 included the following components (in thousands): <div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 12px"><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 361px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:361px;"> </td><td colspan="2" style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:80px;">2010</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:80px;">2009</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:80px;">2008</td></tr><tr style="height: 15px"><td colspan="2" style="width: 369px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:369px;">Coupon rate</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 37,562</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 55,951</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 58,420</td></tr><tr style="height: 15px"><td colspan="2" style="width: 369px; text-align:left;border-color:#000000;min-width:369px;">Amortization of discount</td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 48,128</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 71,662</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 73,374</td></tr><tr style="height: 15px"><td colspan="2" style="width: 369px; text-align:left;border-color:#000000;min-width:369px;">Amortization of deferred loan costs</td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 2,691</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 3,801</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 3,470</td></tr><tr style="height: 15px"><td colspan="2" style="width: 369px; text-align:left;border-color:#000000;min-width:369px;">Interest expense</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 88,381</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 131,414</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 135,264</td></tr><tr style="height: 9px"><td colspan="2" style="width: 369px; text-align:center;border-color:#000000;min-width:369px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> </td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> </td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> </td></tr><tr style="height: 15px"><td colspan="2" style="width: 369px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:369px;">Effective interest rate</td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;">4.90%</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;">5.55%</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;">5.70%</td></tr></table></div>Secured Mortgage Debt TMK bonds are a financing vehicle in Japan for special purpose companies known as TMKs. In 2010, we issued five TMK bonds (i) ¥8.1 billion ($86.7 million) at 2.13% due March 2013 (ii) ¥3.4 billion ($36.7 million) at 3.28% due April 2015 (iii) ¥300 million ($3.3 million) at 2.19% due June 2013 (iv) ¥14.0 billion ($166.7 million) at 1.776% due December 2014 (v) ¥600 million ($7.2 million) at 1.951% due December 2011. In connection with the sale of two development properties in Japan, we paid off ¥4.3 billion ($45.1 million) 4.09% TMK bonds in the first quarter 2010 and ¥7.5 billion ($89.6 million) 2.19% TMK bonds in the third quarter 2010.  Our secured mortgage debt outstanding includes any premium or discount recorded at acquisition and consisted of the following at December 31, 2010 (dollars in thousands):<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 42px"><td colspan="2" style="width: 316px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:316px;">Maturity Date</td><td style="width: 53px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:53px;">Interest Rate (1)</td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 21px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:53px;">Periodic Payment Date</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 71px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:71px;">Carrying Value</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:75px;">Balloon Payment Due at Maturity</td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:316px;">December 16, 2012</td><td style="width: 53px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:53px;">2.74</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:12px;">%</td><td style="width: 21px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:53px;">(2)</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 59px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:59px;"> 118,682</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 63px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:63px;"> 111,149</td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; text-align:left;border-color:#000000;min-width:316px;">July 1, 2014</td><td style="width: 53px; text-align:right;border-color:#000000;min-width:53px;">6.50</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td><td style="width: 21px; text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; text-align:center;border-color:#000000;min-width:53px;">(3)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"> 101,750</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 63px; text-align:right;border-color:#000000;min-width:63px;"> 101,750</td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; text-align:left;border-color:#000000;min-width:316px;">December 20, 2014</td><td style="width: 53px; text-align:right;border-color:#000000;min-width:53px;">1.85</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td><td style="width: 21px; text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; text-align:center;border-color:#000000;min-width:53px;">(2)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"> 167,704</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 63px; text-align:right;border-color:#000000;min-width:63px;"> 148,334</td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; text-align:left;border-color:#000000;min-width:316px;">April 16, 2015</td><td style="width: 53px; text-align:right;border-color:#000000;min-width:53px;">3.28</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td><td style="width: 21px; text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; text-align:center;border-color:#000000;min-width:53px;">(3)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"> 41,815</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 63px; text-align:right;border-color:#000000;min-width:63px;"> 41,815</td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; text-align:left;border-color:#000000;min-width:316px;">August 1, 2015</td><td style="width: 53px; text-align:right;border-color:#000000;min-width:53px;">5.47</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td><td style="width: 21px; text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; text-align:center;border-color:#000000;min-width:53px;">(4)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"> 124,096</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 63px; text-align:right;border-color:#000000;min-width:63px;"> 111,690</td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; text-align:left;border-color:#000000;min-width:316px;">April 12, 2016</td><td style="width: 53px; text-align:right;border-color:#000000;min-width:53px;">7.25</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td><td style="width: 21px; text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; text-align:center;border-color:#000000;min-width:53px;">(4)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"> 174,199</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 63px; text-align:right;border-color:#000000;min-width:63px;"> 149,917</td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; text-align:left;border-color:#000000;min-width:316px;">July 10, 2019</td><td style="width: 53px; text-align:right;border-color:#000000;min-width:53px;">7.55</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td><td style="width: 21px; text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; text-align:center;border-color:#000000;min-width:53px;">(3)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"> 245,500</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 63px; text-align:right;border-color:#000000;min-width:63px;"> 245,500</td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; text-align:left;border-color:#000000;min-width:316px;">April 1, 2024</td><td style="width: 53px; text-align:right;border-color:#000000;min-width:53px;">7.58</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">%</td><td style="width: 21px; text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; text-align:center;border-color:#000000;min-width:53px;">(4)</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"> 187,649</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">$</td><td style="width: 63px; text-align:right;border-color:#000000;min-width:63px;"> 127,187</td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; text-align:left;border-color:#000000;min-width:316px;">Various</td><td style="width: 53px; text-align:right;border-color:#000000;min-width:53px;">(5)</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 21px; text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; text-align:center;border-color:#000000;min-width:53px;">(5)</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 59px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:59px;"> 71,346</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 63px; text-align:right;border-color:#000000;min-width:63px;">(5)</td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; text-align:left;border-color:#000000;min-width:316px;">Total par value</td><td style="width: 53px; text-align:right;border-color:#000000;min-width:53px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 21px; text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; text-align:center;border-color:#000000;min-width:53px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 59px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:59px;"> 1,232,741</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 63px; text-align:right;border-color:#000000;min-width:63px;"> </td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;">Premium, net</td><td style="width: 53px; text-align:right;border-color:#000000;min-width:53px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 21px; text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; text-align:center;border-color:#000000;min-width:53px;"> </td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 59px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:59px;"> 16,988</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 63px; text-align:right;border-color:#000000;min-width:63px;"> </td></tr><tr style="height: 15px"><td colspan="2" style="width: 316px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:316px;">Total secured mortgage debt (6)</td><td style="width: 53px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:53px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 21px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:21px;"> </td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 53px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:53px;"> </td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 59px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:59px;"> 1,249,729</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 63px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:63px;"> </td></tr></table></div>(1) The weighted average annual interest rate for our total secured mortgage debt was 5.67% at December 31, 2010.  (2) Quarterly amortization with a balloon payment due at maturity. (3) Principal due at maturity. (4) Monthly amortization with a balloon payment due at maturity. (5) Includes six mortgage notes with interest rates ranging from 1.95% to 6.23%, maturing from 2011 to 2025, primarily requiring monthly amortization with a balloon payment at maturity. The combined balloon payment for all of the notes is $68.0 million. (6) The debt is secured by 216 real estate properties with an aggregate undepreciated cost of $3.2 billion at December 31, 2010. Assessment Bonds The assessment bonds are issued by municipalities and guaranteed by us as a means of financing infrastructure and are secured by assessments (similar to property taxes) on various underlying real estate properties with an aggregate undepreciated cost of $683.6 million at December 31, 2010. Interest rates range from 5.78% per annum to 8.75% per annum. Maturity dates range from 2011 to 2033. Debt Covenants We have approximately $4.7 billion of senior notes and convertible senior notes outstanding as of December 31, 2010, that have been issued under the 1995 indenture (“Original Indenture”) or supplemental indentures. We refer to the Original Indenture, as amended by supplemental indentures, collectively as the “Indenture”. These senior notes are subject to certain financial covenants. The convertible senior notes, although issued under the Indenture, are not subject to financial covenants. On October 1, 2009, at the completion of a consent solicitation with regard to the senior notes, other than the Convertible Notes, we and the trustee under the Indenture entered into a Ninth Supplemental Indenture (the “Ninth Supplemental Indenture”) giving effect to the Indenture amendments described in the solicitation statement dated September 21, 2009. The Ninth Supplemental Indenture became operative upon payment of a consent fee. The Indenture amendments are binding on all holders of the senior notes, other than the convertible senior notes, including non-consenting holders. The amended covenants, defined terms and thresholds for certain events of default, as included in the Ninth Supplemental Indenture, are consistent with the Eighth Supplemental Indenture, which was entered into with the trustee in August 2009 in connection with the issuance of $350.0 million of senior notes. Therefore, as of October 1, 2009, all senior notes, other than the convertible senior notes, issued under the Indenture are now subject to one consistent set of financial covenants, defined terms and thresholds for certain events of default. In consideration for the consents from the record holders of the solicited notes to the proposed amendments, in October 2009, we paid to each record holder $2.50 for each $1,000 in principal amount of solicited notes as to which we had received a valid (and unrevoked) consent on or prior to the consent solicitation expiration date from such record holder. These costs were deferred and will be amortized into interest expense over the remaining life of the notes. In addition, we recognized $14.5 million in fees and expenses related to the consent solicitation that are included in General and Administrative Expenses in our Consolidated Statements of Operations. As of December 31, 2010, we were in compliance with all of our debt covenants. Long-Term Debt Maturities Principal payments due on our debt, excluding the Global Line, during each of the years in the five-year period ending December 31, 2015 and thereafter are as follows (in thousands): <div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 15px"><td colspan="2" style="width: 523px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:523px;">2011 (1)</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 82px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:82px;"> 176,273</td></tr><tr style="height: 15px"><td colspan="2" style="width: 523px; text-align:left;border-color:#000000;min-width:523px;">2012 (2)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 82px; text-align:right;border-color:#000000;min-width:82px;"> 798,732</td></tr><tr style="height: 15px"><td colspan="2" style="width: 523px; text-align:left;border-color:#000000;min-width:523px;">2013 (2) (3)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 82px; text-align:right;border-color:#000000;min-width:82px;"> 656,491</td></tr><tr style="height: 15px"><td colspan="2" style="width: 523px; text-align:left;border-color:#000000;min-width:523px;">2014</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 82px; text-align:right;border-color:#000000;min-width:82px;"> 655,110</td></tr><tr style="height: 15px"><td colspan="2" style="width: 523px; text-align:left;border-color:#000000;min-width:523px;">2015</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 82px; text-align:right;border-color:#000000;min-width:82px;"> 798,735</td></tr><tr style="height: 15px"><td colspan="2" style="width: 523px; text-align:left;border-color:#000000;min-width:523px;">Thereafter</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 82px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:82px;"> 2,950,300</td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 511px; text-align:left;border-color:#000000;min-width:511px;">Total principal due</td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 82px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:82px;"> 6,035,641</td></tr><tr style="height: 15px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 511px; text-align:left;border-color:#000000;min-width:511px;">Less: discount, net</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 82px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:82px;"> (49,753)</td></tr><tr style="height: 15px"><td colspan="2" style="width: 523px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:523px;">Net carrying balance</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:12px;">$</td><td style="width: 82px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:82px;"> 5,985,888</td></tr></table></div>(1)       We expect to repay the amounts maturing in 2011 with borrowings under our Global Line. (2)       The maturities in 2012 and 2013 include $593.0 million and $527.9 million, respectively, representing the aggregate principal amounts of the convertible senior notes issued in 2007 and 2008, based on the year in which the holders first have the right to require us to repurchase their notes for cash. (3)       The convertible senior notes issued in November 2007 are included as 2013 maturities since the holders have the right to require us to repurchase their notes for cash in January 2013. The holders of these notes also have the option to convert their notes in November 2012, which we may settle in cash or common shares, at our option. Interest Expense Interest expense included the following components for the years ended December 31 (in thousands): <div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 12px"><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 361px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:361px;"> </td><td colspan="2" style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:80px;">2010</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:80px;">2009</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:80px;">2008</td></tr><tr style="height: 15px"><td colspan="3" style="width: 377px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:377px;">Gross interest expense</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 435,289</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 382,899</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 477,932</td></tr><tr style="height: 15px"><td colspan="3" style="width: 377px; text-align:left;border-color:#000000;min-width:377px;">Amortization of discount, net</td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 47,136</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 67,542</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"> 63,676</td></tr><tr style="height: 15px"><td colspan="3" style="width: 377px; text-align:left;border-color:#000000;min-width:377px;">Amortization of deferred loan costs</td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 32,402</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 17,069</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 12,239</td></tr><tr style="height: 15px"><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 361px; text-align:left;border-color:#000000;min-width:361px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 514,827</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 467,510</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 553,847</td></tr><tr style="height: 15px"><td colspan="3" style="width: 377px; text-align:left;border-color:#000000;min-width:377px;">Capitalized amounts</td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> (53,661)</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> (94,205)</td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> (168,782)</td></tr><tr style="height: 15px"><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 369px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:369px;">Net interest expense</td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 461,166</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 373,305</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;">$</td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:70px;"> 385,065</td></tr></table></div>The amount of interest paid in cash, net of amounts capitalized, for the years ended December 31, 2010, 2009 and 2008 was $381.8 million, $290.2 million and $339.5 million, respectively. 9. Debt Our debt consisted of the following as of December 31 (dollars in thousands):  2010 2009  Weighted AveragefalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringInformation about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 falsefalseDebt12DebtUnKnownUnKnownUnKnownUnKnownfalsetrue