Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2012

Debt Disclosure [Abstract]

Schedule of long-tem debt

Long-term debt consist of the following at December 31, 2012 and 2011:

	December 31, 2012				December 31, 2011
	Outstanding		Weighted Average Rate		Outstanding		Weighted Average Rate
Senior notes, due November 1, 2020 (1)	$	300	3.4	%	$	300	3.4	%
Total	300		3.4	%	300		3.4	%
Less - current maturities	—		—		—		—
Total long-term debt	$	300	3.4	%	$	300	3.4	%

(1) The Company has $300 of 3.375 percent Senior Notes due November 1, 2020. Interest on the notes is payable May 1 and November 1 of each year. The notes may be redeemed, in whole or in part at the Company's option, (i) at any time at specific redemption prices plus accrued interest or (ii) three months prior to the maturity date at a redemption price equal to 100% percent of the principal amount plus accrued interest.