Annual report pursuant to Section 13 and 15(d)

DEBT AND CREDIT FACILITIES (Narrative) (Details)

v2.4.0.6
DEBT AND CREDIT FACILITIES (Narrative) (Details)
 12 Months Ended 0 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 4 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 0 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2012
USD ($)
Dec. 31, 2011
USD ($)
Dec. 31, 2010
USD ($)
Aug. 11, 2011
Former Multi-Currency Agreement [Member]
USD ($)
Aug. 11, 2011
Term Loan [Member]
USD ($)
Sep. 22, 2010
Revolving Credit Facility [Member]
USD ($)
Aug. 11, 2011
Revolving Credit Facility [Member]
USD ($)
Dec. 31, 2012
Unsecured Credit Facility [Member]
USD ($)
Quarter
Oct. 29, 2009
Unsecured Credit Facility [Member]
Dec. 31, 2012
Unsecured Credit Facility [Member]
Eurodollar [Member]
Dec. 31, 2012
Unsecured Credit Facility [Member]
Eurodollar [Member]
Minimum [Member]
Dec. 31, 2012
Unsecured Credit Facility [Member]
Eurodollar [Member]
Maximum [Member]
Dec. 31, 2012
Unsecured Credit Facility [Member]
Base Rate [Member]
Prime Rate Basis [Member]
Dec. 31, 2012
Unsecured Credit Facility [Member]
Base Rate [Member]
Federal Funds Rate Basis [Member]
Dec. 31, 2012
Unsecured Credit Facility [Member]
Base Rate [Member]
Libor Rate Basis [Member]
Dec. 31, 2012
Unsecured Credit Facility [Member]
Base Rate [Member]
Libor Rate Basis [Member]
Minimum [Member]
Dec. 31, 2012
Unsecured Credit Facility [Member]
Base Rate [Member]
Libor Rate Basis [Member]
Maximum [Member]
Dec. 12, 2011
Revolving Loan [Member]
Dec. 31, 2012
Revolving Loan [Member]
USD ($)
Dec. 31, 2011
Revolving Loan [Member]
USD ($)
Dec. 31, 2012
Letter of Credit [Member]
USD ($)
Dec. 31, 2011
Letter of Credit [Member]
USD ($)
Oct. 29, 2009
Letter of Credit [Member]
USD ($)
Dec. 31, 2012
Senior Notes - $500 Million [Member]
USD ($)
Dec. 31, 2011
Senior Notes - $500 Million [Member]
USD ($)
Dec. 31, 2012
Senior Notes - $500 Million [Member]
Minimum [Member]
Dec. 31, 2012
Senior Notes - $500 Million [Member]
Maximum [Member]
Dec. 31, 2011
$270 Million Senior Notes [Member]
USD ($)
Dec. 31, 2012
$270 Million Senior Notes [Member]
USD ($)
Dec. 31, 2011
$55 Million Senior Notes [Member]
USD ($)
Dec. 31, 2012
Senior Notes, 2011 Offering - $1 Billion [Member]
Mar. 31, 2011
Senior Notes, 2011 Offering - $1 Billion [Member]
USD ($)
Dec. 31, 2012
Senior Notes, 2011 Offering - $1 Billion [Member]
Minimum [Member]
Dec. 31, 2012
Senior Notes, 2011 Offering - $1 Billion [Member]
Maximum [Member]
Dec. 31, 2012
10-year Tranche - $700 million 4.88% Senior Notes due 2021 [Member]
USD ($)
Dec. 31, 2011
10-year Tranche - $700 million 4.88% Senior Notes due 2021 [Member]
USD ($)
Mar. 31, 2011
10-year Tranche - $700 million 4.88% Senior Notes due 2021 [Member]
USD ($)
Dec. 31, 2012
30-year Tranche - $300 million 6.25% Senior Notes due 2040 [Member]
Mar. 31, 2011
30-year Tranche - $300 million 6.25% Senior Notes due 2040 [Member]
USD ($)
Dec. 31, 2012
Senior Notes, 2010 Offering - $1 Billion [Member]
Sep. 20, 2010
Senior Notes, 2010 Offering - $1 Billion [Member]
USD ($)
Dec. 31, 2012
Senior Notes, 2010 Offering - $1 Billion [Member]
Minimum [Member]
Dec. 31, 2012
Senior Notes, 2010 Offering - $1 Billion [Member]
Maximum [Member]
Dec. 31, 2012
10-year Tranche - $500 million 4.80% Senior Notes due 2020 [Member]
USD ($)
Dec. 31, 2011
10-year Tranche - $500 million 4.80% Senior Notes due 2020 [Member]
USD ($)
Sep. 20, 2010
10-year Tranche - $500 million 4.80% Senior Notes due 2020 [Member]
USD ($)
Dec. 31, 2012
30-year Tranche - $500 Million 6.25% Senior Notes due 2040 [Member]
Sep. 30, 2010
30-year Tranche - $500 Million 6.25% Senior Notes due 2040 [Member]
USD ($)
Dec. 31, 2012
$800 Million 6.25% 2040 Senior Notes [Member]
USD ($)
Dec. 31, 2011
$800 Million 6.25% 2040 Senior Notes [Member]
USD ($)
Dec. 31, 2012
$400 Million 5.90% 2020 Senior Notes [Member]
USD ($)
Dec. 31, 2011
$400 Million 5.90% 2020 Senior Notes [Member]
USD ($)
Mar. 17, 2010
$400 Million 5.90% 2020 Senior Notes [Member]
USD ($)
Dec. 31, 2012
$400 Million 5.90% 2020 Senior Notes [Member]
Minimum [Member]
Dec. 31, 2012
$400 Million 5.90% 2020 Senior Notes [Member]
Maximum [Member]
May 27, 2010
Amapa Debt [Member]
USD ($)
Jun. 25, 2008
Senior Notes - $325 Million [Member]
USD ($)
Quarter
Jun. 25, 2008
$270 Million 6.31% Senior Notes due 2013 [Member]
USD ($)
Jun. 25, 2008
$55 Million 6.59% Senior Notes due 2015 [Member]
USD ($)
Dec. 31, 2012
Bridge Credit Facility [Member]
Consolidated Thompson [Member]
May 10, 2011
Bridge Credit Facility [Member]
Consolidated Thompson [Member]
USD ($)
Mar. 04, 2011
Term Loan - $1.25 Billion [Member]
Dec. 31, 2011
Term Loan - $1.25 Billion [Member]
USD ($)
Principal_Payment
Dec. 31, 2012
Term Loan - $1.25 Billion [Member]
USD ($)
Dec. 31, 2011
Term Loan - $1.25 Billion [Member]
USD ($)
Aug. 11, 2011
Term Loan - $1.25 Billion [Member]
USD ($)
May 10, 2011
Term Loan - $1.25 Billion [Member]
Consolidated Thompson [Member]
USD ($)
Mar. 04, 2011
Term Loan - $1.25 Billion [Member]
Consolidated Thompson [Member]
USD ($)
Dec. 31, 2012
Bank Contingent Instrument Facility and Cash Advance Facility [Member]
USD ($)
Dec. 31, 2012
Bank Contingent Instrument Facility and Cash Advance Facility [Member]
AUD
Apr. 13, 2011
Consolidated Thompson Senior Secured Notes [Member]
Consolidated Thompson [Member]
USD ($)
Line of Credit Facility [Line Items]                                                                                                                                              
Debt, length of maturity, years 5 years     5 years                                                                                                                   5 years                  
Multicurrency credit agreement, borrowing capacity       $ 800,000,000 $ 200,000,000   $ 600,000,000                                                                                                                                
Revolving credit facility, borrowing capacity               1,750,000,000                                                                                                                         41,600,000 40,000,000  
Borrowing capacity, letters of credit                                         150,000,000   50,000,000                                                                           750,000,000                    
Increase in basis spread on variable rate                 0.50%                                                                                                                            
Multicurrency credit agreement, amount of increase available upon request               250,000,000                                                                                                                              
Revolving credit facility, amount drawn                                     325,000,000 0                                                                                           250,000,000          
Weighted average annual interest rate                                   1.84% 2.02% 0.00%       4.14%       6.31%   6.59%         4.88% 4.88%               4.80% 4.80%       6.25% 6.25% 5.90% 5.90%               2.56%       1.83% 1.40%            
Description of variable interest rate basis                   LIBOR     prime rate Federal Funds Rate one-month LIBOR                                                                                                                
Basis spread on variable interest rate                     0.75% 2.00%   0.50% 1.00%                                                                                                                
Incremental basis spread on variable interest rate                               0.00% 1.00%                                                                                                            
Financial covenant, debt to earnings ratio       3.25       3.5                                                                                                 3.25                            
Debt instrument, face amount 5,497,100,000 5,447,000,000                                 1,750,000,000 1,750,000,000       500,000,000 500,000,000     270,000,000 270,000,000 55,000,000         700,000,000 700,000,000               500,000,000 500,000,000       800,000,000 800,000,000 400,000,000 400,000,000         325,000,000           972,000,000 847,100,000 [1] 972,000,000     1,250,000,000      
Number of preceding quarters to calculate financial covenant               4                                                                                                 4                            
Financial covenant, interest coverage ratio       3       2.50                                                                                                 2.5                            
Stated interest rate                                               3.95%                     4.875%                 4.80%         6.25%       5.90%         6.31% 6.59%                       8.50%
Number of days from prior notice sent to holders of notes during which Company may redeem the notes                                                   30 days 60 days           30 days 60 days               30 days 60 days                     30 days 60 days                                
Note redemption price, percent of principal amount to be redeemed                                               100.00%             100.00%                 100.00%                     100.00%                                        
Discount rate used to calculate present values of remaining scheduled payments of principal and interest on notes to be redeemed, description of variable rate basis                                               treasury rate                     treasury rate     treasury rate           treasury rate     treasury rate                                                
Discount rate used to calculate present values of remaining scheduled payments of principal and interest on notes to be redeemed, basis spread on variable rate                                               0.50%                     0.25%     0.40%           0.35%     0.40%                                                
Note redemption price, percent of principal in the event of change of control                                               101.00%             101.00%                 101.00%                     101.00%                                        
Limit on increase in interest rate above initial interest rate, based on rating events                                               2.00%                                                                                              
Face amount, senior long-term notes                                                               1,000,000,000                 1,000,000,000                       400,000,000                                   100,000,000
Senior notes, carrying value                                                                         700,000,000   300,000,000             500,000,000   500,000,000                   270,000,000 55,000,000                       125,000,000
Redemption period, number of months prior to maturity date                                                                     3 months                                                                        
Note redemption price if redemption period is during specified time period, percent of principal amount to be redeemed                                                                     100.00%                                                                        
Repayments of debt 0 0 200,000,000     350,000,000                                                                                                   100,800,000                              
Principal payment due date, anniversary period from date of funding                                                                                                                           3 months                  
Other long-term debt                                                                                                                             972,000,000 847,100,000 [1] 972,000,000   1,250,000,000        
Number of scheduled principal payments                                                                                                                             2                
Principal payments on debt                                                                                                                             28,000,000                
Other long-term debt, noncurrent portion                                                                                                                             897,200,000 753,000,000 897,200,000            
Credit facility, amount outstanding                                     325,000,000 [2] 0 [2] 27,700,000 23,500,000                                                                                             26,000,000 25,000,000  
Credit facility remaining capacity                                     1,400,000,000 1,700,000,000                                                                                                 15,600,000 15,000,000  
Letters of credit outstanding 96,900,000 95,000,000                                                                                                                                          
Debt maturities in 2013 94,100,000                                                                                                                                            
Debt maturities in 2014 117,700,000                                                                                                                                            
Debt maturities in 2015 353,000,000                                                                                                                                            
Debt maturities in 2016 282,400,000                                                                                                                                            
Debt maturities in 2017 0                                                                                                                                            
Debt maturities after 2017 $ 2,900,000,000                                                                                                                                            
[1] As of December 31, 2012 and December 31, 2011, $402.8 million and $278.0 million, respectively, had been paid down on the original $1.25 billion term loan and, of the remaining term loan, $94.1 million and $74.8 million, respectively, was classified as Current portion of debt. The current classification is based upon the principal payment terms of the arrangement requiring principal payments on each three-month anniversary following the funding of the term loan.
[2] As of December 31, 2012 and December 31, 2011, $325.0 million and no revolving loans were drawn under the credit facility, respectively, and the principal amount of letter of credit obligations totaled $27.7 million and $23.5 million for each period, respectively, thereby reducing available borrowing capacity to $1.4 billion and $1.7 billion for each period, respectively.