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Credit Agreement and Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Long-Term Debt

Our long-term debt is comprised as follows:

 

        Name of Issue   

Aggregate Principal

Amount

(In millions)

   Maturity Date   

Stated
Interest

Rate

 

Semiannual

Interest Payment

Dates

 

 5.15% Senior Notes

   $250.0    September 1, 2014    5.15%   March 1 and September 1

 4.875% Senior Notes

   $250.0    July 1, 2015    4.875%   January 1 and July 1

 5.875% Senior Notes

   $500.0    May 1, 2019    5.875%   May 1 and November 1

 5.70% Senior Notes

   $500.0    October 15, 2039    5.70%   April 15 and October 15
Long-Term Debt

At December 31, 2012 and 2011, the carrying value of our long-term debt was as follows:

 

     December 31,  
  

 

 

 
     2012      2011  
  

 

 

 
     (In thousands)  

5.15% Senior Notes

       $         249,882       $         249,811       

4.875% Senior Notes

     249,837         249,779       

5.875% Senior Notes

     499,480         499,414       

5.70% Senior Notes

     496,867         496,819       
  

 

 

 

Total long-term debt

       $         1,496,066       $         1,495,823       
  

 

 

 
Aggregate Maturities of Long-Term Debt

As of December 31, 2012, the aggregate annual maturity of our long-term debt was as follows:

 

                      
     Aggregate
Principal
Amount
 
Years Ending December 31,    (In thousands)  

2013

       $         --       

2014

     250,000       

2015

     250,000       

2016

     --       

2017

     --       

Thereafter

     1,000,000       
  

 

 

 

Total maturities of long-term debt, excluding unamortized discounts

     1,500,000       

Total unamortized discounts

     (3,934)      
  

 

 

 

Total long-term debt

       $         1,496,066