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LONG-TERM DEBT AND LINES OF CREDIT (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Debt

As of December 31, 2020 and 2019, long-term debt consisted of the following:

			December 31, 2020						December 31, 2019
			(in thousands)
Long-term Debt
3.800% senior notes due April 1, 2021			$	752,199					$	760,996
3.750% senior notes due June 1, 2023			562,258						567,330
4.000% senior notes due June 1, 2023			565,930						572,522
2.650% senior notes due February 15, 2025			993,110						991,423
4.800% senior notes due April 1, 2026			809,324						820,623
4.450% senior notes due June 1, 2028			482,588						486,982
3.200% senior notes due August 15, 2029			1,236,424						1,234,843
2.900% senior notes due May 15, 2030			989,025						—
4.150% senior notes due August 15, 2049			739,789						739,431
Unsecured term loan facility			1,985,776						1,981,758
Unsecured revolving credit facility			36,000						903,000
Finance lease liabilities			75,989						32,996
Other borrowings			65,352						33,597
Total long-term debt			9,293,764						9,125,501
Less current portion			827,357						35,137
Long-term debt, excluding current portion			$	8,466,407					$	9,090,364

Schedule of Maturities of Long-Term Debt

At December 31, 2020, maturities of long-term debt (excluding finance lease liabilities) were as follows by year (in thousands):

Year ending December 31,
2021			$	806,834
2022			58,403
2023			1,300,000
2024			1,786,000
2025			1,000,000
2026 and thereafter			4,200,000
Total			$	9,151,237

Schedule of Derivative Instruments

The table below presents information about our derivative financial instruments as of December 31, 2020 and 2019:

												Weighted-Average Fixed Rate of Interest at						Range of Maturity Dates at						Fair Value
Derivative Financial Instruments						Balance Sheet Location						December 31, 2020						December 31, 2020						December 31, 2020						December 31, 2019
																								(in thousands)
Interest rate swaps (Notional of $250 million at December 31, 2019)						Prepaid expenses and other current assets						N/A						N/A						$	—					$	472
Interest rate swaps (Notional of $300 million at December 31, 2020)						AP & accrued liabilities						1.91%						March 31, 2021						$	1,330					$	—
Interest rate swaps (Notional of $1,250 million at December 31, 2020 and $1,550 million at December 31, 2019)						Other noncurrent liabilities						2.73%						December 31, 2022						$	65,490					$	45,604

Schedule of Effects of Derivatives on Consolidated Statements of Income and Comprehensive Income

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, 2020, 2019 and 2018:

			Years Ended December 31,
			2020						2019						2018
			(in thousands)
Net unrealized losses recognized in other comprehensive loss			$	(52,742)					$	(90,238)					$	(7,553)
Net unrealized losses (gains) reclassified out of other comprehensive loss to interest expense			$	36,510					$	2,257					$	(4,792)

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