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Debt | 9 Months Ended
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Sep. 30, 2014
Debt Disclosure [Abstract] |
DEBT | DEBT Debt consisted of the following at September 30, 2014:
| September 30, 2014
| U.S. Dollar |  | Other Principal Trading Currencies |  | Total
6.30% $100 million Senior Notes due June 25, 2015 | $ | 100,000 |  |  | $ | — |  |  | $ | 100,000 |
3.67% $50 million Senior Notes due December 17, 2022 | 50,000 |  |  | — |  |  | 50,000 |
4.10% $50 million Senior Notes due September 19, 2023 | 50,000 |  |  | — |  |  | 50,000 |
3.84% $125 million Senior Notes due September 19, 2024 | 125,000 |  |  | — |  |  | 125,000 |
Credit agreement | 103,937 |  |  | 36,070 |  |  | 140,007 |
Other local arrangements | 429 |  |  | 19,596 |  |  | 20,025 |
Total debt | 429,366 |  |  | 55,666 |  |  | 485,032 |
Less: current portion | (100,429 | ) |  | (19,596 | ) |  | (120,025 | )
Total long-term debt | $ | 328,937 |  |  | $ | 36,070 |  |  | $ | 365,007 |
As of September 30, 2014, the Company had $655.6 million of availability remaining under its Credit Agreement. The Company was in compliance with its covenants at September 30, 2014. In June 2014, the Company entered into an agreement to issue and sell $250 million of ten-year Senior Notes in a private placement. The Company issued $125 million with a fixed interest rate of 3.84% ("3.84% Senior Notes") in September 2014 and will issue an additional $125 million with a fixed interest rate of 4.24% ("4.24% Senior Notes") in June 2015. The Senior Notes are senior unsecured obligations of the Company. Issuance costs approximating $0.9 million will be amortized to interest expense over the ten year term of the Senior Notes.

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- Definition The entire disclosure for information 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, own-share lending arrangements 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 2: 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 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20,22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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