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v3.20.2

Borrowings (Details) € in Thousands, $ in Thousands | 9 Months Ended |  |
--- | --- | --- | ---
Sep. 30, 2020 USD ($) | Sep. 30, 2020 EUR (€) | Dec. 31, 2019 USD ($)
Short-term borrowings [Abstract] |  |  |
Commercial Paper | $ 90,500 |  | $ 84,700
Notes payable and current maturities of long-term debt | 90,500 |  | 84,700
Long-term borrowings [Abstract] |  |  |
Net long-term debt | 3,047,216 |  | 2,985,716
Unamortized debt discounts | 17,800 |  | 18,900
Deferred debt issuance costs | 14,800 |  | 16,200
Line of Credit Facility [Abstract] |  |  |
Unsecured revolving credit facility, maximum borrowing capacity | $ 1,000,000 |  |
Line of Credit Facility, Covenant Compliance | The Company was in compliance with all covenants in the Credit Agreement, the Short-term Credit Agreement, and other long-term debt covenants at September 30, 2020 and had an interest coverage ratio of consolidated EBITDA to consolidated net interest expense of 11.0 to 1. |  |
Letters of Credit Outstanding, Amount | $ 157,600 |  |
Current poriton of long-term debt and short-term borrowings | 500,000 |  |
Line of Credit Facility, Current Borrowing Capacity | 450,000 |  |
Note due 2025 [Member] |  |  |
Long-term borrowings [Abstract] |  |  |
Long-term debt | 396,548 |  | 396,042
Debt Instrument, Face Amount | $ 400,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 3.15% | 3.15% |
Line of Credit Facility [Abstract] |  |  |
Debt Instrument, Term | 10 years |  |
Debt Instrument, Maturity Date | Nov. 15, 2025 |  |
Note due 2026 [Member] |  |  |
Long-term borrowings [Abstract] |  |  |
Long-term debt | $ 690,939 |  | 658,089
Debt Instrument, Face Amount | € |  | € 600,000 |
Debt Instrument, Interest Rate, Stated Percentage | 1.25% | 1.25% |
Line of Credit Facility [Abstract] |  |  |
Debt Instrument, Term | 10 years |  |
Debt Instrument, Maturity Date | Nov. 09, 2026 |  |
Note due 2027 [Member] |  |  |
Long-term borrowings [Abstract] |  |  |
Long-term debt | $ 575,313 |  | 548,008
Debt Instrument, Face Amount | € |  | € 500,000 |
Debt Instrument, Interest Rate, Stated Percentage | 0.75% | 0.75% |
Line of Credit Facility [Abstract] |  |  |
Debt Instrument, Term | 8 years |  |
Debt Instrument, Maturity Date | Nov. 04, 2027 |  |
Debentures due 2028 [Member] |  |  |
Long-term borrowings [Abstract] |  |  |
Long-term debt | $ 199,230 |  | 199,155
Debt Instrument, Face Amount | $ 200,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 6.65% | 6.65% |
Line of Credit Facility [Abstract] |  |  |
Debt Instrument, Term | 30 years |  |
Debt Instrument, Maturity Date | Jun. 01, 2028 |  |
Note due 2029 |  |  |
Long-term borrowings [Abstract] |  |  |
Long-term debt | $ 296,555 |  | 296,270
Debt Instrument, Face Amount | $ 300,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 2.95% | 2.95% |
Line of Credit Facility [Abstract] |  |  |
Debt Instrument, Term | 10 years |  |
Debt Instrument, Maturity Date | Nov. 04, 2029 |  |
Debenture due 2035 [Member] |  |  |
Long-term borrowings [Abstract] |  |  |
Long-term debt | $ 296,247 |  | 296,060
Debt Instrument, Face Amount | $ 300,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 5.375% | 5.375% |
Line of Credit Facility [Abstract] |  |  |
Debt Instrument, Term | 30 years |  |
Debt Instrument, Maturity Date | Oct. 15, 2035 |  |
Note due 2038 [Member] |  |  |
Long-term borrowings [Abstract] |  |  |
Long-term debt | $ 248,024 |  | 247,939
Debt Instrument, Face Amount | $ 250,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 6.60% | 6.60% |
Line of Credit Facility [Abstract] |  |  |
Debt Instrument, Term | 30 years |  |
Debt Instrument, Maturity Date | Mar. 15, 2038 |  |
Note due 2041 [Member] |  |  |
Long-term borrowings [Abstract] |  |  |
Long-term debt | $ 344,360 |  | $ 344,153
Debt Instrument, Face Amount | $ 350,000 |  |
Debt Instrument, Interest Rate, Stated Percentage | 5.375% | 5.375% |
Line of Credit Facility [Abstract] |  |  |
Debt Instrument, Term | 30 years |  |
Debt Instrument, Maturity Date | Mar. 01, 2041 |  |

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