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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2015
Commitments and Contingencies  
Schedule of guarantees

 

We have issued the following guarantees that are not recorded on our accompanying balance sheet (dollars in thousands):

 

 

Term

 

Maximum Potential
Undiscounted
Payments as of
June 30, 2015

 

Performance guarantees through letters of credit(1)

 

2015-2021

 

$

157,644 

 

Standby letters of credit

 

2015-2016

 

12,922 

 

Commercial letters of credit

 

2015 

 

2,422 

 

Bid bonds and performance bonds(1)

 

2015-2023

 

77,354 

 

 

 

 

 

 

 

Maximum potential undiscounted payments

 

 

 

$

250,342 

 

 

 

 

 

 

 

 

(1)

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