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DEBT Narrative (Details) (USD $)
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6 Months Ended | 1 Months Ended | 6 Months Ended | 6 Months Ended | 1 Months Ended | 6 Months Ended | 1 Months Ended | 6 Months Ended | ||||||
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2012
Revolving Credit Agreements [Member]
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Jun. 30, 2012
2007 Revolving Credit Agreement
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Jun. 29, 2012
2012 Revolving Credit Agreement
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Jun. 30, 2012
2012 Revolving Credit Agreement
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Jun. 30, 2012
UK term loan
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Jun. 30, 2012
4.75% Senior Notes
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Jun. 30, 2012
GoZone Bonds
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Jun. 30, 2012
6.875% senior notes
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Jul. 31, 2012
Short Term Line of Credit
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Jun. 30, 2012
Short Term Line of Credit
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Jul. 31, 2012
7.65% senior notes
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Jun. 30, 2012
7.65% senior notes
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| Debt Instrument [Line Items] | ||||||||||||||
| Maximum borrowing capacity | $ 1,200,000,000 | $ 1,500,000,000 | $ 20,000,000 | |||||||||||
| Term | five-year | five-year | ||||||||||||
| Maximum available for Euro borrowings | 250,000,000 | |||||||||||||
| Amount repaid during the period | 1,009,900,000 | 71,900,000 | ||||||||||||
| Amount borrowed during the period | 1,332,900,000 | 588,600,000 | 71,900,000 | |||||||||||
| Interest rate at period end | 1.90% | |||||||||||||
| Interest rate terms | The 2012 Revolving Credit Agreement bears interest, at our option, based on either an alternative base rate or a LIBOR-based rate. The interest rate on the 2012 Revolving Credit Agreement is subject to adjustment if our debt rating is downgraded (or subsequently upgraded) by certain credit rating agencies. | subject to adjustment if our debt rating is downgraded (or subsequently upgraded) by certain credit rating agencies. | ||||||||||||
| Current remaining borrowing capacity | 668,400,000 | |||||||||||||
| Covenant terms | modify the consolidated debt coverage ratio to include up to 20% of cash distributions for such joint ventures and unconsolidated subsidiaries (the Amendment). In addition, the Amendment provides that we will be in compliance with the consolidated debt coverage ratio as long as it does not exceed 6.50-to-1.00 for the rolling period ended June 30, 2012 or 6.00-to-1.00 for the rolling period ending September 30, 2012. However, the consolidated debt coverage ratio will revert to a maximum of 5.00-to-1.00 for any four consecutive quarters, if our Asphalt Operations are owned by an unconsolidated joint venture. | as of the end of each rolling period, consisting of any period of four consecutive fiscal quarters, a consolidated debt coverage ratio (consolidated indebtedness to consolidated EBITDA, as defined in the 2012 Revolving Credit Agreement) not to exceed 5.00-to-1.00; provided, for the rolling period ending June 30th of each year, the maximum consolidated debt coverage ratio will increase to 5.50-to-1.00. Moreover, if we consummate an acquisition for an aggregate net consideration of at least $50.0 million, the maximum consolidated debt coverage ratio will increase to 5.50-to-1.00 for two rolling periods. | ||||||||||||
| Debt coverage ratio | 6.0 | |||||||||||||
| Issuance date | February 2, 2012 | |||||||||||||
| Face amount | 250,000,000 | 100,000,000 | 350,000,000 | |||||||||||
| Line of credit termination date | Jul. 02, 2012 | |||||||||||||
| Stated interest rate | 4.75% | 6.875% | 7.65% | |||||||||||
| Proceeds from senior note offering, net of issuance costs | 247,408,000 | 0 | 247,400,000 | |||||||||||
| Description of use of proceeds | repay the outstanding principal amount of NuPOP’s 7.75% senior notes due February 15, 2012 | |||||||||||||
| Payment terms | The interest on the 4.75% senior notes is payable semi-annually in arrears on February 1 and August 1 of each year | |||||||||||||
| Date of first required interest payment | August 1, 2012 | |||||||||||||
| Maturity date | Feb. 01, 2022 | Jul. 15, 2012 | ||||||||||||
| Interest rate at period end | 0.20% | |||||||||||||
| Amount received from trustee | 34,500,000 | |||||||||||||
| Amount remaining in trust | 138,900,000 | |||||||||||||
| Amount outstanding | 21,000,000 | |||||||||||||
| Senior note repayments | $ 100,000,000 | |||||||||||||
| Interest rate increase due to change in credit rating | 0.25% | |||||||||||||