FAIR VALUE OF FINANCIAL INSTRUMENTS (Carrying Value And Fair Value Of Financial Instruments Disclosure) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Debt Instrument, Face Amount | $4,712,100,000 | | $5,497,100,000 | |
Long-term debt: | | | | |
Term loan, carrying value | 3,327,500,000 | | 4,054,800,000 | |
Total long-term debt, carrying value | 3,319,600,000 | | 3,960,700,000 | |
Term Loan - $1.25 Billion [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Debt Instrument, Face Amount | | | 847,100,000 | |
Term Loan Original Amount | 0 | | 1,250,000,000 | |
Long-term debt: | | | | |
Term loan, carrying value | | | 847,100,000 | [1] |
Seven Hundred Million Four Point Eight Seven Five Two Thousand Twenty-one Senior Note [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Debt Instrument, Face Amount | 700,000,000 | | 700,000,000 | |
Long-term debt: | | | | |
Term loan, carrying value | 699,400,000 | [2] | 699,400,000 | [2] |
Senior Notes - $1.3 Billion [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Debt Instrument, Face Amount | 1,300,000,000 | | 1,300,000,000 | |
Senior Notes - $400 Million [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Debt Instrument, Face Amount | 400,000,000 | | 400,000,000 | |
Long-term debt: | | | | |
Term loan, carrying value | 398,400,000 | [3] | 398,200,000 | [3] |
Senior Notes - $500 Million [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Debt Instrument, Face Amount | 500,000,000 | | 500,000,000 | |
Long-term debt: | | | | |
Term loan, carrying value | 496,300,000 | [4] | 495,700,000 | [4] |
Revolving Credit Facility [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Debt Instrument, Face Amount | 1,750,000,000 | | 1,750,000,000 | |
Long-term debt: | | | | |
Revolving loan, carrying value | 380,000,000 | [5] | 325,000,000 | [5] |
Equipment Loans [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Debt Instrument, Face Amount | 62,100,000 | | | |
Long-term debt: | | | | |
Term loan, carrying value | 62,100,000 | | | |
Interest Rate Swap [Member] | | | | |
Long-term debt: | | | | |
Fair Value Adjustment to Interest Rate Hedge | 1,700,000 | | | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Accounts Receivable, Fair Value Disclosure | 24,400,000 | | 53,500,000 | |
Long-term debt: | | | | |
Total long-term debt, fair value | 3,565,400,000 | | 4,354,800,000 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Customer Supplemental Payments [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Accounts Receivable, Fair Value Disclosure | 0 | | 21,300,000 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ArcelorMittal USA - Receivable [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Accounts Receivable, Fair Value Disclosure | 14,300,000 | | 21,300,000 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Other Credit Receivable [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Accounts Receivable, Fair Value Disclosure | 10,100,000 | | 10,900,000 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Term Loan - $1.25 Billion [Member] | | | | |
Long-term debt: | | | | |
Debt Instrument, Fair Value Disclosure | 0 | | 753,000,000 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Seven Hundred Million Four Point Eight Seven Five Two Thousand Twenty-one Senior Note [Member] | | | | |
Long-term debt: | | | | |
Debt Instrument, Fair Value Disclosure | 719,200,000 | | 759,400,000 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Senior Notes - $1.3 Billion [Member] | | | | |
Long-term debt: | | | | |
Debt Instrument, Fair Value Disclosure | 1,442,200,000 | | 1,524,700,000 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Senior Notes - $400 Million [Member] | | | | |
Long-term debt: | | | | |
Debt Instrument, Fair Value Disclosure | 439,700,000 | | 464,300,000 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Senior Notes - $500 Million [Member] | | | | |
Long-term debt: | | | | |
Debt Instrument, Fair Value Disclosure | 528,400,000 | | 528,400,000 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Revolving Credit Facility [Member] | | | | |
Long-term debt: | | | | |
Revolving loan, fair value | 380,000,000 | | 325,000,000 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Equipment Loans [Member] | | | | |
Long-term debt: | | | | |
Debt Instrument, Fair Value Disclosure | 54,200,000 | | 0 | |
Portion at Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member] | | | | |
Long-term debt: | | | | |
Fair Value Adjustment to Interest Rate Hedge | 1,700,000 | | 0 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Accounts, Notes, Loans and Financing Receivable, Net, Noncurrent | 23,500,000 | | 52,500,000 | |
Long-term debt: | | | | |
Total long-term debt, carrying value | 3,319,600,000 | | 3,960,700,000 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Customer Supplemental Payments [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Accounts, Notes, Loans and Financing Receivable, Net, Noncurrent | 0 | | 22,300,000 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ArcelorMittal USA - Receivable [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Accounts, Notes, Loans and Financing Receivable, Net, Noncurrent | 13,400,000 | | 19,300,000 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Other Credit Receivable [Member] | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | |
Accounts, Notes, Loans and Financing Receivable, Net, Noncurrent | 10,100,000 | | 10,900,000 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Term Loan - $1.25 Billion [Member] | | | | |
Long-term debt: | | | | |
Term loan, carrying value | 0 | | 753,000,000 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Seven Hundred Million Four Point Eight Seven Five Two Thousand Twenty-one Senior Note [Member] | | | | |
Long-term debt: | | | | |
Senior notes, carrying value | 699,400,000 | | 699,400,000 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Senior Notes - $1.3 Billion [Member] | | | | |
Long-term debt: | | | | |
Senior notes, carrying value | 1,289,600,000 | | 1,289,400,000 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Senior Notes - $400 Million [Member] | | | | |
Long-term debt: | | | | |
Senior notes, carrying value | 398,400,000 | | 398,200,000 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Senior Notes - $500 Million [Member] | | | | |
Long-term debt: | | | | |
Senior notes, carrying value | 496,300,000 | | 495,700,000 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Revolving Credit Facility [Member] | | | | |
Long-term debt: | | | | |
Revolving loan, carrying value | 380,000,000 | | 325,000,000 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Equipment Loans [Member] | | | | |
Long-term debt: | | | | |
Term loan, carrying value | 54,200,000 | | 0 | |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member] | | | | |
Long-term debt: | | | | |
Fair Value Adjustment to Interest Rate Hedge | $1,700,000 | | $0 | |
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[1] | During the first quarter of 2013, the term loan was repaid in full through repayments totaling $847.1 million. As of DecemberB 31, 2012, $402.8 million had been paid on the original $1.25 billion term loan and, of the remaining term loan, $94.1 million was classified as Current portion of debt. The current classification was based upon the principal payment terms of the arrangement requiring principal payments on each three-month anniversary following the funding of the term loan. |
[2] | As of SeptemberB 30, 2013 and DecemberB 31, 2012, the $700 million 4.875 percent senior notes were recorded at a par value of $700 million less unamortized discounts of $0.6 million for each period, based on an imputed interest rate of 4.89 percent. |
[3] | As of SeptemberB 30, 2013 and DecemberB 31, 2012, the $400 million 5.90 percent senior notes were recorded at a par value of $400 million less unamortized discounts of $1.6 million and $1.8 million, respectively, based on an imputed interest rate of 5.98 percent. |
[4] | As of SeptemberB 30, 2013 and DecemberB 31, 2012, the $500 million 3.95 percent senior notes were recorded at a par value of $500 million less unamortized discounts of $3.7 million and $4.3 million, respectively, based on an imputed interest rate of 4.14 percent. |
[5] | As of SeptemberB 30, 2013 and DecemberB 31, 2012, $380.0 million and $325.0 million revolving loans were drawn under the credit facility, respectively, and the principal amount of letter of credit obligations totaled $27.7 million for each period, thereby reducing available borrowing capacity to $1.3 billion and $1.4 billion for each period, respectively. |