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LONG-TERM DEBT AND LINES OF CREDIT (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Debt

As of December 31, 2019 and 2018, long-term debt consisted of the following:

	December 31, 2019				December 31, 2018
	(in thousands)
Long-term Debt
3.800% senior notes due April 1, 2021	$	760,996			$	—
3.750% senior notes due June 1, 2023	567,330				—
4.000% senior notes due June 1, 2023	572,522				—
2.650% senior notes due February 15, 2025	991,423				—
4.800% senior notes due April 1, 2026	820,623				—
4.450% senior notes due June 1, 2028	486,982				—
3.200% senior notes due August 15, 2029	1,234,843				—
4.150% senior notes due August 15, 2049	739,431				—
Unsecured term loan facility	1,981,758				—
Unsecured revolving credit facility	903,000				—
Secured term loans	—				4,426,243
Secured revolving credit facility	—				704,000
Finance lease liabilities	32,996				—
Other borrowings	33,597				—
Total long-term debt	9,125,501				5,130,243
Less current portion	35,137				115,075
Long-term debt, excluding current portion	$	9,090,364			$	5,015,168

Schedule of Maturities of Long-Term Debt

At December 31, 2019, maturities of long-term debt (excluding finance lease liabilities) were as follows by year (in thousands):

Years ending December 31,
2020	$	28,512
2021	754,906
2022	50,038
2023	1,300,000
2024	2,653,000
2025 and thereafter	4,200,000
Total	$	8,986,456

Schedule of Derivative Instruments

The table below presents information about our derivative financial instruments as of December 31, 2019 and 2018:

				Weighted-Average Fixed Rate of Interest at		Range of Maturity Dates at		Fair Values at December 31,
Derivative Financial Instruments		Balance Sheet Location		December 31, 2019		December 31, 2019		2019				2018
								(in thousands)
Interest rate swaps (Notional of $250 million at December 31, 2019 and $750 million at December 31, 2018)		Prepaid expenses and other current assets		1.34%		July 31, 2020		$	472			$	3,200
Interest rate swaps (Notional of $550 million at December 31, 2018)		Other noncurrent assets		N/A		N/A		$	—			$	8,256
Interest rate swaps (Notional of $1,550 million at December 31, 2019 and $950 million at December 31, 2018)		Other noncurrent liabilities		2.57%		March 31, 2021 - December 31, 2022		$	45,604			$	14,601

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The table below presents the effects of our interest rate swaps on the consolidated statements of income and comprehensive income for the years ended December 31, 2019, 2018 and 2017:

	Years Ended December 31,
	2019				2018				2017
	(in thousands)
Net unrealized gains (losses) recognized in other comprehensive loss	$	(90,238	)		$	(7,553	)		$	4,549
Net unrealized losses (gains) reclassified out of other comprehensive loss to interest expense	$	2,257			$	(4,792	)		$	5,673

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