XML 49 R27.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Debt (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Debt Disclosure [Abstract] |
Schedule of Carrying Amount and Fair Value of Long-Term Debt Instruments | Long-term debt is as follows:
|  | MARCH 31, 2024 |  |  | DECEMBER 31, 2023
|  | 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) |  | $ | 660,000 |  |  | $ | (4,265) |  |  | $ | 655,735 |  |  | $ | 660,000 |  |  |  | $ | — |  |  | $ | (4,621) |  |  | $ | (4,621) |  |  | $ | — |
Term Loan A(1) |  | 225,000 |  |  | — |  |  | 225,000 |  |  | 225,000 |  |  |  | 228,125 |  |  | — |  |  | 228,125 |  |  | 228,125 |
Term Loan B due 2026(1) |  | 657,605 |  |  | (2,186) |  |  | 655,419 |  |  | 658,000 |  |  |  | 659,298 |  |  | (2,498) |  |  | 656,800 |  |  | 659,750 |
Term Loan B due 2031(1) |  | 1,188,318 |  |  | (12,610) |  |  | 1,175,708 |  |  | 1,197,000 |  |  |  | 1,191,000 |  |  | (13,026) |  |  | 1,177,974 |  |  | 1,200,000 |
Virginia 3 Term Loans(2) |  | 165,555 |  |  | (4,206) |  |  | 161,349 |  |  | 165,555 |  |  |  | 101,218 |  |  | (4,641) |  |  | 96,577 |  |  | 101,218 |
Virginia 4/5 Term Loans(2) |  | 49,994 |  |  | (5,089) |  |  | 44,905 |  |  | 49,994 |  |  |  | 16,338 |  |  | (5,892) |  |  | 10,446 |  |  | 16,338 |
Australian Dollar Term Loan(2) |  | 188,064 |  |  | (426) |  |  | 187,638 |  |  | 189,327 |  |  |  | 197,743 |  |  | (482) |  |  | 197,261 |  |  | 199,195 |
UK Bilateral Revolving Credit Facility(2) |  | 176,737 |  |  | — |  |  | 176,737 |  |  | 176,737 |  |  |  | 178,239 |  |  | — |  |  | 178,239 |  |  | 178,239 |
GBP Notes(2) |  | 504,963 |  |  | (1,510) |  |  | 503,453 |  |  | 487,809 |  |  |  | 509,254 |  |  | (1,763) |  |  | 507,491 |  |  | 489,108 |
4 7/8% Notes due 2027(2) |  | 1,000,000 |  |  | (4,976) |  |  | 995,024 |  |  | 960,000 |  |  |  | 1,000,000 |  |  | (5,332) |  |  | 994,668 |  |  | 967,500 |
5 1/4% Notes due 2028(2) |  | 825,000 |  |  | (4,724) |  |  | 820,276 |  |  | 794,063 |  |  |  | 825,000 |  |  | (5,019) |  |  | 819,981 |  |  | 800,250 |
5% Notes due 2028(2) |  | 500,000 |  |  | (3,135) |  |  | 496,865 |  |  | 476,250 |  |  |  | 500,000 |  |  | (3,316) |  |  | 496,684 |  |  | 478,750 |
7% Notes due 2029(2) |  | 1,000,000 |  |  | (10,281) |  |  | 989,719 |  |  | 1,015,000 |  |  |  | 1,000,000 |  |  | (10,813) |  |  | 989,187 |  |  | 1,027,500 |
4 7/8% Notes due 2029(2) |  | 1,000,000 |  |  | (7,956) |  |  | 992,044 |  |  | 932,500 |  |  |  | 1,000,000 |  |  | (8,318) |  |  | 991,682 |  |  | 945,000 |
5 1/4% Notes due 2030(2) |  | 1,300,000 |  |  | (9,527) |  |  | 1,290,473 |  |  | 1,225,250 |  |  |  | 1,300,000 |  |  | (9,903) |  |  | 1,290,097 |  |  | 1,241,500 |
4 1/2% Notes(2) |  | 1,100,000 |  |  | (8,607) |  |  | 1,091,393 |  |  | 987,250 |  |  |  | 1,100,000 |  |  | (8,917) |  |  | 1,091,083 |  |  | 995,500 |
5% Notes due 2032(2) |  | 750,000 |  |  | (10,880) |  |  | 739,120 |  |  | 682,500 |  |  |  | 750,000 |  |  | (11,206) |  |  | 738,794 |  |  | 684,375 |
5 5/8% Notes(2) |  | 600,000 |  |  | (4,840) |  |  | 595,160 |  |  | 567,000 |  |  |  | 600,000 |  |  | (4,985) |  |  | 595,015 |  |  | 567,000 |
Real Estate Mortgages, Financing Lease Liabilities and Other |  | 552,265 |  |  | (678) |  |  | 551,587 |  |  | 552,265 |  |  |  | 519,907 |  |  | (403) |  |  | 519,504 |  |  | 519,907 |
Accounts Receivable Securitization Program |  | 360,000 |  |  | (265) |  |  | 359,735 |  |  | 360,000 |  |  |  | 358,500 |  |  | (317) |  |  | 358,183 |  |  | 358,183 |
Total Long-term Debt |  | 12,803,501 |  |  | (96,161) |  |  | 12,707,340 |  |  |  |  |  | 12,034,622 |  |  | (101,452) |  |  | 11,933,170 |  |  |
Less Current Portion |  | (118,771) |  |  | — |  |  | (118,771) |  |  |  |  |  | (120,670) |  |  | — |  |  | (120,670) |  |  |
Long-term Debt, Net of Current Portion |  | $ | 12,684,730 |  |  | $ | (96,161) |  |  | $ | 12,588,569 |  |  |  |  |  | $ | 11,913,952 |  |  | $ | (101,452) |  |  | $ | 11,812,500 |  |  |
(1)Collectively, the “Credit Agreement”. The Credit Agreement consists of a revolving credit facility (the “Revolving Credit Facility”), a term loan A facility (the “Term Loan A”) and two term loan B facilities (the "Term Loan B due 2026" and the "Term Loan B due 2031"). The Revolving Credit Facility and the Term Loan A are scheduled to mature on March 18, 2027. The Term Loan B due 2026 is scheduled to mature on January 2, 2026. The Term Loan B due 2031 is scheduled to mature on January 31, 2031. The remaining amount available for borrowing under the Revolving Credit Facility as of March 31, 2024 was $1,585,174 (which represents the maximum availability as of such date). The weighted average interest rate in effect under the Revolving Credit Facility was 7.3% as of March 31, 2024. (2)Each as defined in Note 7 to Notes to Consolidated Financial Statements included in our Annual Report.

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://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69E Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-1A Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482949/835-30-55-8 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480848/942-470-50-3 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-8 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-6 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration