Quarterly report pursuant to Section 13 or 15(d)

REVOLVING CREDIT FACILITY AND LONG-TERM DEBT (Details)

v2.4.0.8
REVOLVING CREDIT FACILITY AND LONG-TERM DEBT (Details) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
Sep. 30, 2014
Revolving Credit Facility [Member]
Sep. 30, 2014
Minimum [Member]
Revolving Credit Facility [Member]
Sep. 30, 2014
Maximum [Member]
Revolving Credit Facility [Member]
Sep. 30, 2014
8% Senior Notes Due 2020 [Member]
Sep. 30, 2014
LIBOR Loans [Member]
Revolving Credit Facility [Member]
Sep. 30, 2014
LIBOR Loans [Member]
Minimum [Member]
Revolving Credit Facility [Member]
Sep. 30, 2014
LIBOR Loans [Member]
Maximum [Member]
Revolving Credit Facility [Member]
Sep. 30, 2014
Alternate Base Rate Loans [Member]
Revolving Credit Facility [Member]
Sep. 30, 2014
Alternate Base Rate Loans [Member]
Minimum [Member]
Revolving Credit Facility [Member]
Sep. 30, 2014
Alternate Base Rate Loans [Member]
Maximum [Member]
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]                          
Revolving credit facility, maximum borrowing       $ 750                  
Borrowing base       550                  
Borrowings under Credit Facility       228                  
Remaining borrowing capacity of Credit Facility       322                  
Percent of total additional permitted borrowing (in hundredths)       25.00%                  
Permitted additional indebtedness       500                  
Revolving credit facility, maturity date       Sep. 30, 2018                  
Credit Facility interest rate description       Borrowings under the Revolving Credit Facility can either be at the Alternate Base Rate (as defined) plus a spread ranging from 0.5% to 1.5% or LIBOR borrowings at the Adjusted LIBOR Rate (as defined) plus a spread ranging from 1.5% to 2.5%. The applicable spread at any time is dependent upon the amount of borrowings relative to the borrowing base at such time. The Company may elect, from time to time, to convert all or any part of its LIBOR loans to base rate loans or to convert all or any of the base rate loans to LIBOR loans. A commitment fee is paid on the undrawn balance based on an annual rate of either 0.375% or 0.50%. At September 30, 2014, the commitment fee was 0.375% and the interest rate margin was 1.75% on LIBOR loans and 0.75% on base rate loans.                  
Commitment fee percentage (in hundredths)         0.375% 0.50%   0.375%          
Interest rate margin in effect during period (in hundredths)               1.75% 1.50% 2.50% 0.75% 0.50% 1.50%
Commitment fee, description       A commitment fee is paid on the undrawn balance based on an annual rate of either 0.375% or 0.50%.                  
Credit facility covenants       The Revolving Credit Facility contains negative covenants that limit the Company’s ability, among other things, to pay any cash dividends, incur additional indebtedness, sell assets, enter into certain hedging contracts, change the nature of its business or operations, merge, consolidate, or make investments. In addition, the Company is required to maintain a current ratio (as defined in the credit agreement) of no less than 1.0 to 1.0.                  
Line of credit facility covenant terms current ratio       1.0                  
Principal amount of senior unsecured notes             300            
Rate of senior unsecured notes (in hundredths) 8.00% 8.00% 8.00%       8.00%            
Maturity date             Jun. 01, 2020            
Price of senior unsecured notes (in hundredths)             105.25%            
Additional amount of senior unsecured notes             200            
Net proceeds from issuance of senior unsecured notes             291.2            
Additional net proceeds from issuance of senior unsecured notes             200.1            
Percentage of notes that can be redeemed (in hundredths)             35.00%            
Rate of redemption price of notes (in hundredths)             108.00%            
Limitation (in number of days) to redeemed the notes             180 days            
Limitation (in percentage of aggregate principal amount of Notes) to redeemed the notes             65.00%            
Percentage of notes at redemption prices for prior to June 1, 2016 (in hundredths)             100.00%            
Percentage of notes at redemption prices for the twelve-month period beginning on June 1, 2016 (in hundredths)             104.00%            
Percentage of notes at redemption prices for the twelve-month period beginning on June 1, 2017 (in hundredths)             102.00%            
Percentage of notes at redemption prices for beginning on June 1, 2018 (in hundredths)             100.00%            
Number of days in default payment of interest             30 days            
Payment of certain final judgments             $ 25            
Number of days related to payment certain final judgments             60 days