XML 54 R33.htm IDEA: XBRL DOCUMENT
v3.19.2

Long-Term Debt (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Long-Term Debt [Abstract] |
Long-Term Debt | The following table presents the Company’s long-term debt as of June 30, 2019 and December 31, 2018: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31, | ​
​ |  | 2019 |  | 2018 |
Revolver under Credit Agreement, bearing interest ranging from 3.06% to 3.50% (a) | ​ | $ | 472,179 | ​ | $ | 481,610 | ​
Term loan under Credit Agreement, bearing interest at 3.50% (a) | ​ |  | 700,000 | ​ |  | 1,237,500 | ​
5.25% Senior Notes due 2019 | ​ |  | 175,000 | ​ |  | 175,000 | ​
4.64% Senior Notes due 2021 | ​ |  | 100,000 | ​ |  | 100,000 | ​
2.39% Senior Notes due 2021 | ​ |  | 150,000 | ​ |  | 150,000 | ​
3.09% Senior Notes due 2022 | ​ |  | 125,000 | ​ |  | 125,000 | ​
2.75% Senior Notes due 2023 | ​ |  | 200,000 | ​ |  | 200,000 | ​
3.24% Senior Notes due 2024 | ​ |  | 150,000 | ​ |  | 150,000 | ​
3.41% Senior Notes due 2025 | ​ |  | 375,000 | ​ |  | 375,000 | ​
3.03% Senior Notes due 2026 | ​ |  | 400,000 | ​ |  | 400,000 | ​
3.49% Senior Notes due 2027 | ​ |  | 250,000 | ​ |  | 250,000 | ​
4.25% Senior Notes due 2028 | ​ | ​ | 500,000 | ​ | ​ | 500,000 | ​
3.50% Senior Notes due 2029 | ​ | ​ | 500,000 | ​ | ​ | — | ​
Tax-exempt bonds | ​ |  | — | ​ |  | 15,930 | ​
Notes payable to sellers and other third parties, bearing interest ranging from 2.75% to 10.90%, principal and interest payments due periodically with due dates ranging from 2019 to 2036 (a) | ​ |  | 9,982 | ​ |  | 14,653 | ​
​ | ​ |  | 4,107,161 | ​ |  | 4,174,693 | ​
Less – current portion | ​ |  | (798) | ​ |  | (1,786) | ​
Less – debt issuance costs | ​ |  | (23,487) | ​ |  | (19,442) | ​
​ | ​ | $ | 4,082,876 | ​ | $ | 4,153,465 | ​
____________________
(a) | Interest rates represent the interest rates incurred at June 30, 2019.
​
Details of the Company's Credit Agreement | Details of the Credit Agreement are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31, |  | ​
​ |  | 2019 |  | 2018 |  |
Revolver under Credit Agreement |  | ​ |  |  | ​ |  | ​ |
Available | ​ | $ | 982,249 | ​ | $ | 955,779 | ​ | ​
Letters of credit outstanding | ​ | $ | 108,072 | ​ | $ | 125,111 | ​ | ​
Total amount drawn, as follows: | ​ | $ | 472,179 | ​ | $ | 481,610 | ​ | ​
Amount drawn - U.S. LIBOR rate loan | ​ | $ | 401,500 | ​ | $ | 357,000 | ​ | ​
Interest rate applicable - U.S. LIBOR rate loan | ​ | ​ | 3.50 | % | ​ | 3.62 | % | ​
Amount drawn – Canadian bankers’ acceptance | ​ | $ | 70,679 | ​ | $ | 124,610 | ​ | ​
Interest rate applicable – Canadian bankers’ acceptance | ​ |  | 3.06 | % |  | 3.40 | % | ​
Commitment – rate applicable | ​ |  | 0.12 | % |  | 0.12 | % | ​
Term loan under Credit Agreement | ​ |  | ​ | ​ |  |  | ​ | ​
Amount drawn – U.S. based LIBOR loan | ​ | $ | 700,000 | ​ | $ | 1,237,500 | ​ | ​
Interest rate applicable – U.S. based LIBOR loan | ​ |  | 3.50 | % |  | 3.62 | % | ​

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration