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Debt (Tables) | 9 Months Ended
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Sep. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Carrying Amount and Fair Value of Long-Term Debt Instruments | Long-term debt is as follows:
|  | SEPTEMBER 30, 2023 |  |  | DECEMBER 31, 2022
|  | DEBT (INCLUSIVE OF DISCOUNT) |  | UNAMORTIZED DEFERRED FINANCING COSTS |  | CARRYING AMOUNT |  | FAIR VALUE |  |  | DEBT (INCLUSIVE OF DISCOUNT) |  | UNAMORTIZED DEFERRED FINANCING COSTS |  | CARRYING AMOUNT |  | FAIR VALUE
Revolving Credit Facility(1) |  | $ | 1,049,500 |  |  | $ | (4,976) |  |  | $ | 1,044,524 |  |  | $ | 1,049,500 |  |  |  | $ | 1,072,200 |  |  | $ | (6,790) |  |  | $ | 1,065,410 |  |  | $ | 1,072,200 |
Term Loan A(1) |  | 231,250 |  |  | — |  |  | 231,250 |  |  | 231,250 |  |  |  | 240,625 |  |  | — |  |  | 240,625 |  |  | 240,625 |
Term Loan B(1)(3) |  | 660,992 |  |  | (2,810) |  |  | 658,182 |  |  | 661,500 |  |  |  | 666,073 |  |  | (3,747) |  |  | 662,326 |  |  | 666,750 |
Virginia 3 Term Loans |  | 26,134 |  |  | (3,915) |  |  | 22,219 |  |  | 26,134 |  |  |  | — |  |  | — |  |  | — |  |  | — |
Australian Dollar Term Loan |  | 187,853 |  |  | (491) |  |  | 187,362 |  |  | 189,349 |  |  |  | 202,641 |  |  | (633) |  |  | 202,008 |  |  | 204,623 |
UK Bilateral Revolving Credit Facility |  | 170,858 |  |  | — |  |  | 170,858 |  |  | 170,858 |  |  |  | 169,361 |  |  | — |  |  | 169,361 |  |  | 169,361 |
3 7/8% GBP Senior Notes due 2025 (the "GBP Notes") |  | 488,166 |  |  | (1,920) |  |  | 486,246 |  |  | 458,959 |  |  |  | 483,888 |  |  | (2,589) |  |  | 481,299 |  |  | 445,206 |
4 7/8% Senior Notes due 2027 (the "4 7/8% Notes due 2027")(2) |  | 1,000,000 |  |  | (5,688) |  |  | 994,312 |  |  | 913,750 |  |  |  | 1,000,000 |  |  | (6,754) |  |  | 993,246 |  |  | 917,500 |
5 1/4% Senior Notes due 2028 (the "5 1/4% Notes due 2028")(2) |  | 825,000 |  |  | (5,314) |  |  | 819,686 |  |  | 755,906 |  |  |  | 825,000 |  |  | (6,200) |  |  | 818,800 |  |  | 754,875 |
5% Senior Notes due 2028 (the "5% Notes due 2028")(2) |  | 500,000 |  |  | (3,497) |  |  | 496,503 |  |  | 451,250 |  |  |  | 500,000 |  |  | (4,039) |  |  | 495,961 |  |  | 450,000 |
7% Senior Notes due 2029 (the "7% Notes due 2029")(2) |  | 1,000,000 |  |  | (11,253) |  |  | 988,747 |  |  | 972,500 |  |  |  | — |  |  | — |  |  | — |  |  | — |
4 7/8% Senior Notes due 2029 (the "4 7/8% Notes due 2029")(2) |  | 1,000,000 |  |  | (8,679) |  |  | 991,321 |  |  | 872,500 |  |  |  | 1,000,000 |  |  | (9,764) |  |  | 990,236 |  |  | 865,000 |
5 1/4% Senior Notes due 2030 (the "5 1/4% Notes due 2030")(2) |  | 1,300,000 |  |  | (10,279) |  |  | 1,289,721 |  |  | 1,124,500 |  |  |  | 1,300,000 |  |  | (11,407) |  |  | 1,288,593 |  |  | 1,111,500 |
4 1/2% Senior Notes due 2031 (the "4 1/2% Notes")(2) |  | 1,100,000 |  |  | (9,228) |  |  | 1,090,772 |  |  | 902,000 |  |  |  | 1,100,000 |  |  | (10,161) |  |  | 1,089,839 |  |  | 891,000 |
5% Senior Notes due 2032 (the "5% Notes due 2032") |  | 750,000 |  |  | (11,532) |  |  | 738,468 |  |  | 615,000 |  |  |  | 750,000 |  |  | (12,511) |  |  | 737,489 |  |  | 622,500 |
5 5/8% Senior Notes due 2032 (the "5 5/8% Notes")(2) |  | 600,000 |  |  | (5,130) |  |  | 594,870 |  |  | 513,000 |  |  |  | 600,000 |  |  | (5,566) |  |  | 594,434 |  |  | 520,500 |
Real Estate Mortgages, Financing Lease Liabilities and Other |  | 502,787 |  |  | (443) |  |  | 502,344 |  |  | 502,787 |  |  |  | 425,777 |  |  | (578) |  |  | 425,199 |  |  | 425,777 |
Accounts Receivable Securitization Program |  | 349,200 |  |  | (372) |  |  | 348,828 |  |  | 349,200 |  |  |  | 314,700 |  |  | (531) |  |  | 314,169 |  |  | 314,700 |
Total Long-term Debt |  | 11,741,740 |  |  | (85,527) |  |  | 11,656,213 |  |  |  |  |  | 10,650,265 |  |  | (81,270) |  |  | 10,568,995 |  |  |
Less Current Portion |  | (107,984) |  |  | — |  |  | (107,984) |  |  |  |  |  | (87,546) |  |  | — |  |  | (87,546) |  |  |
Long-term Debt, Net of Current Portion |  | $ | 11,633,756 |  |  | $ | (85,527) |  |  | $ | 11,548,229 |  |  |  |  |  | $ | 10,562,719 |  |  | $ | (81,270) |  |  | $ | 10,481,449 |  |  |
(1)Collectively, the “Credit Agreement”. The Credit Agreement consists of a revolving credit facility (the “Revolving Credit Facility”), a term loan A (the “Term Loan A”) and a term loan B (the "Term Loan B"). The Revolving Credit Facility and the Term Loan A are scheduled to mature on March 18, 2027. The Term Loan B is scheduled to mature on January 2, 2026. The remaining amount available for borrowing under the Revolving Credit Facility as of September 30, 2023 was $1,196,037 (which amount represents the maximum availability as of such date). The weighted average interest rate in effect under the Revolving Credit Facility was 7.2% and 6.2% as of September 30, 2023 and December 31, 2022, respectively. (2)Collectively, the "Parent Notes". IMI is the direct obligor on the Parent Notes, which are fully and unconditionally guaranteed, on a senior basis, by IMI’s United States subsidiaries that represent the substantial majority of our United States operations (the "Note Guarantors"). These guarantees are joint and several obligations of the Note Guarantors. The remainder of our subsidiaries do not guarantee the Parent Notes. (3)Due to the discontinuance of the LIBOR reference rate on June 30, 2023, we transitioned the Term Loan B from an interest rate of LIBOR plus 1.75% to a synthetic LIBOR rate plus 1.75%, effective July 1, 2023. All other terms remain the same as what was disclosed in Note 7 to Notes to Consolidated Financial Statements included in our Annual Report. On May 15, 2023, IMI completed a private offering of:
SERIES OF NOTES | AGGREGATE PRINCIPAL AMOUNT | MATURITY DATE | INTEREST PAYMENT DUE | PAR CALL DATE(1)
7% Notes due 2029 | $ | 1,000,000 |  | February 15, 2029 | February 15 and August 15 | August 15, 2025
(1)We may redeem the 7% Notes due 2029 at any time, at our option, in whole or in part. Prior to the par call date, we may redeem the 7% Notes due 2029 at the redemption price or make-whole premium specified in the indenture governing the 7% Notes due 2029, together with accrued and unpaid interest to, but excluding, the redemption date. On or after the par call date, we may redeem the 7% Notes due 2029 at a price equal to 100% of the principal amount being redeemed, together with accrued and unpaid interest to, but excluding, the redemption date.

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