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COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2012
COMMITMENTS AND CONTINGENCIES  
Schedule of guarantees

 

 

 

 

Term

 

Maximum Potential
Undiscounted
Payments as of
June 30, 2012

 

Performance guarantees through letters of credit(1)

 

2012-2016

 

$

225,045

 

Standby letters of credit

 

2012-2015

 

19,584

 

Commercial letters of credit

 

2012

 

3,807

 

Bid bonds and performance bonds(1)

 

2012-2018

 

100,305

 

Maximum potential undiscounted payments

 

 

 

$

348,741

 

 

(1)  We have issued guarantees to third parties to ensure performance of our obligations, some of which may be fulfilled by third parties.