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DEBT FINANCING ARRANGEMENTS (DETAILS) (USD $)
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12 Months Ended | 1 Months Ended | 1 Months Ended | ||||
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Dec. 31, 2011
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Dec. 31, 2010
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Dec. 31, 2009
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Nov. 30, 2004
Senior Notes 2004 [Member]
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Dec. 31, 2011
Senior Notes 2004 [Member]
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Mar. 31, 2010
Senior Notes 2010 [Member]
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Dec. 31, 2011
Senior Notes 2010 [Member]
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| Debt Instrument [Line Items] | |||||||
| Principal amount | $ 500,000,000 | $ 500,000,000 | |||||
| Issue price (percentage of principal) | 99.785% | 99.624% | |||||
| Net proceeds from issuance of senior notes | 0 | 494,870,000 | 0 | 496,000,000 | 495,000,000 | ||
| Interest rate | 5.75% | 5.875% | |||||
| Interest expense | $ 59,000,000 | $ 52,000,000 | $ 29,000,000 | ||||
| X | ||||||||||
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- Definition
The gross proceeds from debt issuance, expressed as a percentage of the stated principal amount. Ratios greater than 100% reflect debt issued at a premium, while ratios less than 100% reflect debt issued at a discount. No definition available.
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- Definition
The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Interest rate stated in the contractual debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Represents the portion of interest incurred in the period on debt arrangements that was charged against earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from a borrowing with the highest claim on the assets of the entity in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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