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Long-Term Debt and Short-Term Borrowings (Tables)
3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt consists of the following (dollars in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2018

 

 

2017

 

Senior term loans, with interest ranging from

   2.51% to 2.91%, due quarterly through 2022

 

$

750,000

 

 

$

200,000

 

4.875% senior notes due in 2026, net of

   unamortized discount

 

 

596,366

 

 

 

596,273

 

5.25% senior notes due in 2025, net of unamortized

   premium

 

 

426,271

 

 

 

426,317

 

5.00% senior notes, redeemed in full in March 2018

 

 

 

 

 

800,000

 

Other

 

 

51

 

 

 

8

 

Total long-term debt

 

 

1,772,688

 

 

 

2,022,598

 

Less: current maturities of long-term debt

 

 

(51

)

 

 

(8

)

Less: unamortized debt issuance costs

 

 

(14,449

)

 

 

(22,987

)

Total long-term debt, net of current maturities

 

$

1,758,188

 

 

$

1,999,603