Quarterly report pursuant to Section 13 or 15(d)

DEBT AND CREDIT FACILITIES (Schedule Of Long-Term Debt) (Details)

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DEBT AND CREDIT FACILITIES (Schedule Of Long-Term Debt) (Details) - USD ($)
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2013
Mar. 31, 2015
Mar. 30, 2015
Dec. 31, 2014
Debt Instrument [Line Items]                
Gain on extinguishment of debt $ 0 $ 0 $ 313,700,000 $ 0        
Total Face Amount 3,621,500,000   3,621,500,000         $ 3,980,000,000
Letters of credit outstanding 198,000,000   198,000,000         149,500,000
Long-term Debt 2,887,400,000   2,887,400,000         2,843,300,000
Current portion of long-term debt 0   0         0
Long-term debt noncurrent portion 2,887,400,000   2,887,400,000         $ 2,843,300,000
$700 Million 4.875% 2021 Senior Note [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Repurchased Face Amount $ 58,300,000   $ 58,300,000          
Stated interest rate 4.875%   4.875%         4.875%
Debt Repurchase Discount 52.00%   52.00%          
Debt Instrument, Face Amount Exchanged $ 208,500,000   $ 208,500,000          
Type     Fixed   Fixed      
Final Maturity     2021   2021      
Total Face Amount 700,000,000   $ 700,000,000         $ 700,000,000
Debt Instrument, Par Value 423,200,000   423,200,000         690,000,000
Long-term Debt [1] 422,900,000   422,900,000         689,500,000
Debt Instrument, Unamortized Discount $ 300,000   $ 300,000         $ 500,000
Imputed interest rate 4.89%   4.89%         4.88%
$500 million 4.80% 2020 Senior Notes [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Repurchased Face Amount $ 43,800,000   $ 43,800,000          
Stated interest rate 4.80%   4.80%         4.80%
Debt Repurchase Discount 54.30%   54.30%          
Debt Instrument, Face Amount Exchanged $ 137,800,000   $ 137,800,000          
Type     Fixed   Fixed      
Final Maturity     2020   2020      
Total Face Amount 500,000,000   $ 500,000,000         $ 500,000,000
Debt Instrument, Par Value 308,500,000   308,500,000         490,000,000
Long-term Debt [2] 308,100,000   308,100,000         489,400,000
Debt Instrument, Unamortized Discount $ 400,000   $ 400,000         $ 600,000
Imputed interest rate 4.83%   4.83%         4.83%
$800 Million 6.25% 2040 Senior Notes [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Repurchased Face Amount $ 45,900,000   $ 45,900,000          
Stated interest rate 6.25%   6.25%          
Debt Repurchase Discount 52.50%   52.50%          
Debt Instrument, Face Amount Exchanged $ 261,300,000   $ 261,300,000          
Type     Fixed   Fixed      
Final Maturity     2040   2040      
Total Face Amount 800,000,000   $ 800,000,000          
Debt Instrument, Par Value 492,800,000   492,800,000         $ 800,000,000
Long-term Debt [3] 487,000,000   487,000,000         790,500,000
Debt Instrument, Unamortized Discount $ 5,800,000   $ 5,800,000         $ 9,500,000
Imputed interest rate 6.34%   6.34%         6.34%
$400 Million 5.90% 2020 Senior Notes [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Repurchased Face Amount $ 1,300,000   $ 1,300,000          
Stated interest rate 5.90%   5.90%         5.90%
Debt Repurchase Discount 58.00%   58.00%          
Debt Instrument, Face Amount Exchanged $ 67,000,000   $ 67,000,000          
Type     Fixed   Fixed      
Final Maturity     2020   2020      
Total Face Amount 400,000,000   $ 400,000,000         $ 400,000,000
Debt Instrument, Par Value 326,800,000   326,800,000         395,000,000
Long-term Debt [4] 325,800,000   325,800,000         393,700,000
Debt Instrument, Unamortized Discount $ 1,000,000   $ 1,000,000         $ 1,300,000
Imputed interest rate 5.98%   5.98%         5.98%
$500 Million 3.95% 2018 Senior Notes [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Repurchased Face Amount $ 44,000,000   $ 44,000,000          
Stated interest rate 3.95%   3.95%         3.95%
Debt Repurchase Discount 77.50%   77.50%          
Type     Fixed   Fixed      
Final Maturity     2018   2018      
Total Face Amount $ 500,000,000.0   $ 500,000,000.0         $ 500,000,000
Debt Instrument, Par Value 436,000,000   436,000,000         480,000,000
Long-term Debt [5] 434,000,000   434,000,000         477,400,000
Debt Instrument, Unamortized Discount $ 2,000,000   $ 2,000,000         $ 2,600,000
Imputed interest rate 6.22%   6.22%         5.17%
Five hundred forty million Eight point two five Twenty twenty First Lien Notes [Member]                
Debt Instrument [Line Items]                
Stated interest rate 8.25%   8.25%          
Type     Fixed          
Final Maturity     2020          
Total Face Amount $ 540,000,000   $ 540,000,000         $ 0
Debt Instrument, Par Value 540,000,000   540,000,000          
Long-term Debt 504,900,000   504,900,000          
Debt Instrument, Unamortized Discount $ 35,051,000.000   $ 35,051,000.000          
Imputed interest rate 9.97%   9.97%          
Five hundred Forty-four Million Seven Point Seven Five Twenty Twenty Second Lien Notes [Member]                
Debt Instrument [Line Items]                
Stated interest rate 7.75%   7.75%          
Discount Received in Debt Exchange of $400M 5.90% Notes $ 15,500,000   $ 15,500,000          
Debt Instrument, Face Amount Received in Debt Exchange of $400M 5.90% Notes 57,500,000   57,500,000          
Debt Instrument, Face Amount Received in Debt Exchange of $800M 6.25% Notes 203,500,000   203,500,000          
Discount Received in Debt Exchange of $800M 6.25% Notes 55,000,000   55,000,000          
Discount Received in Debt Exchange of $500M 4.80% Notes 30,500,000   30,500,000          
Debt Instrument, Face Amount Received in Debt Exchange of $500M 4.80% Notes 112,900,000   112,900,000          
Discount Received in Debt Exchange of $700M 4.875% Notes 46,000,000   46,000,000          
Debt instrument, Face Amount Received in Debt Exchange of $700M 4.875% Notes 170,300,000   $ 170,300,000          
Type     Fixed          
Final Maturity     2020          
Total Face Amount 544,200,000   $ 544,200,000         $ 0
Debt Instrument, Par Value 544,200,000   544,200,000          
Long-term Debt 402,200,000   402,200,000          
Debt Instrument, Unamortized Discount $ 142,000,000   $ 142,000,000     $ 147,000,000    
Imputed interest rate 15.55%   15.55%         15.55%
Revolving Credit Facility [Member]                
Debt Instrument [Line Items]                
Type     Variable   Variable      
Final Maturity     2020   2017      
Debt Instrument, Par Value $ 550,000,000   $ 550,000,000       $ 900,000,000 $ 1,125,000,000
Credit facility, amount outstanding 0 [6]   0 [6]         0 [7]
Revolving credit facility, borrowing capacity 532,700,000   532,700,000          
Letters of credit outstanding 198,000,000   198,000,000         $ 149,500,000
Foreign Exchange Hedge Obligations $ 2,100,000   $ 2,100,000          
Imputed interest rate 2.25%   2.25%         2.94%
Credit facility remaining capacity $ 332,600,000   $ 332,600,000         $ 975,500,000
Interest Rate Swap [Member]                
Debt Instrument [Line Items]                
Fair Value Adjustment to Interest Rate Hedge $ 2,500,000   2,500,000         $ 2,800,000
Debt Repurchase [Member] | $700 Million 4.875% 2021 Senior Note [Member]                
Debt Instrument [Line Items]                
Gain on extinguishment of debt     20,000,000          
Debt Repurchase [Member] | $500 million 4.80% 2020 Senior Notes [Member]                
Debt Instrument [Line Items]                
Gain on extinguishment of debt     15,600,000          
Debt Repurchase [Member] | $800 Million 6.25% 2040 Senior Notes [Member]                
Debt Instrument [Line Items]                
Gain on extinguishment of debt     15,000,000          
Debt Repurchase [Member] | $400 Million 5.90% 2020 Senior Notes [Member]                
Debt Instrument [Line Items]                
Gain on extinguishment of debt     300,000          
Debt Repurchase [Member] | $500 Million 3.95% 2018 Senior Notes [Member]                
Debt Instrument [Line Items]                
Gain on extinguishment of debt     7,100,000          
Exchange of Debt [Member] | $700 Million 4.875% 2021 Senior Note [Member]                
Debt Instrument [Line Items]                
Gain on extinguishment of debt     83,100,000          
Exchange of Debt [Member] | $500 million 4.80% 2020 Senior Notes [Member]                
Debt Instrument [Line Items]                
Gain on extinguishment of debt     54,600,000          
Exchange of Debt [Member] | $800 Million 6.25% 2040 Senior Notes [Member]                
Debt Instrument [Line Items]                
Gain on extinguishment of debt     107,300,000          
Exchange of Debt [Member] | $400 Million 5.90% 2020 Senior Notes [Member]                
Debt Instrument [Line Items]                
Gain on extinguishment of debt     $ 24,500,000          
[1] During the first quarter of 2015, we purchased $58.3 million of outstanding 4.875 percent senior notes that were trading at a discount of 52.0 percent which resulted in a gain on extinguishment of $20.0 million. In addition, on March 27, 2015, we exchanged as part of a tender offer $208.5 million of the 4.875 percent senior notes for $170.3 million of the 7.75 percent second lien notes at a discount of $46.0 million based on an imputed interest rate of 15.55 percent, resulting in a gain on extinguishment of $83.1 million, net of amounts expensed for unamortized original issue discount and deferred origination fees. As of June 30, 2015, the $700.0 million 4.875 percent senior notes were recorded at a par value of $423.2 million less unamortized discounts of $0.3 million, based on an imputed interest rate of 4.89 percent. As of December 31, 2014, the $700.0 million 4.875 percent senior notes were recorded at a par value of $690.0 million less unamortized discounts of $0.5 million based on an imputed interest rate of 4.88 percent.
[2] During the first quarter of 2015, we purchased $43.8 million of outstanding 4.80 percent senior notes that were trading at a discount of 54.3 percent, which resulted in a gain on extinguishment of $15.6 million. In addition, on March 27, 2015, we exchanged as part of a tender offer $137.8 million of the 4.80 percent senior notes for $112.9 million of the 7.75 percent second lien notes at a discount of $30.5 million based on an imputed interest rate of 15.55 percent, resulting in a gain on extinguishment of $54.6 million, net of amounts expensed for unamortized original issue discount and deferred origination fees. As of June 30, 2015, the $500.0 million 4.80 percent senior notes were recorded at a par value of $308.5 million less unamortized discounts of $0.4 million, based on an imputed interest rate of 4.83 percent. As of December 31, 2014, the $500.0 million 4.80 percent senior notes were recorded at a par value of $490.0 million less unamortized discounts of $0.6 million based on an imputed interest rate of 4.83 percent.
[3] During the first quarter of 2015, we purchased $45.9 million of outstanding 6.25 percent senior notes that were trading at a discount of 52.5 percent, which resulted in a gain on extinguishment of $15.0 million. In addition, on March 27, 2015, we exchanged as part of a tender offer $261.3 million of the 6.25 percent senior notes for $203.5 million of the 7.75 percent second lien notes at a discount of $55.0 million based on an imputed interest rate of 15.55 percent, resulting in a gain on extinguishment of $107.3 million, net of amounts expensed for unamortized original issue discount and deferred origination fees. As of June 30, 2015, the $800 million 6.25 percent senior notes were recorded at a par value of $492.8 million less unamortized discounts of $5.8 million, based on an imputed interest rate of 6.34 percent. As of December 31, 2014, the $800 million 6.25 percent senior notes were recorded at a par value of $800.0 million less unamortized discounts of $9.5 million based on an imputed interest rate of 6.34 percent.
[4] During the first quarter of 2015, we purchased $1.3 million of outstanding 5.90 percent senior notes that were trading at a discount of 58.0 percent, which resulted in a gain on extinguishment of $0.3 million. In addition, on March 27, 2015, we exchanged as part of a tender offer $67.0 million of the 5.90 percent senior notes for $57.5 million of the 7.75 percent second lien notes at a discount of $15.5 million based on an imputed interest rate of 15.55 percent, resulting in a gain on extinguishment of $24.5 million, net of amounts expensed for unamortized original issue discount and deferred origination fees. As of June 30, 2015, the $400.0 million 5.90 percent senior notes were recorded at a par value of $326.8 million less unamortized discounts of $1.0 million, based on an imputed interest rate of 5.98 percent. As of December 31, 2014, the $400.0 million 5.90 percent senior notes were recorded at a par value of $395.0 million less unamortized discounts of $1.3 million based on an imputed interest rate of 5.98 percent.
[5] During the first quarter of 2015, we purchased $44.0 million of outstanding 3.95 percent senior notes that were trading at a discount of 77.5 percent, which resulted in a gain on the extinguishment of debt of $7.1 million. As of June 30, 2015, the $500.0 million 3.95 percent senior notes were recorded at a par value of $436.0 million less unamortized discounts of $2.0 million, based on an imputed interest rate of 6.22 percent. As of December 31, 2014, the $500.0 million 3.95 percent senior notes were recorded at a par value of $480.0 million less unamortized discounts of $2.6 million based on an imputed interest rate of 5.17 percent.
[6] As of June 30, 2015, no loans were drawn under the ABL Facility and we had total availability of $532.7 million as a result of borrowing base limitations. As of June 30, 2015, the principal amount of letter of credit obligations totaled $198.0 million and foreign exchange hedge obligations totaled $2.1 million, thereby further reducing available borrowing capacity on our ABL Facility to $332.6 million.
[7] As of December 31, 2014, we had no revolving loans drawn under the revolving credit agreement which had $1.125 billion availability. As of December 31, 2014, the principal amount of letter of credit obligations totaled $149.5 million, thereby further reducing available borrowing capacity on the revolving credit agreement to $975.5 million.