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Debt (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Components of Debt
Debt consisted of the following:
(DOLLARS IN THOUSANDS)
Effective Interest Rate

March 31, 2019

December 31, 2018
2020 Notes(1)
3.69
%

$
298,743


$
298,499

2021 Euro Notes(1)
0.82
%

334,486


337,704

2023 Notes(1)
3.30
%

298,774


298,698

2024 Euro Notes(1)
1.88
%

558,869


564,034

2026 Euro Notes(1)
1.93
%

891,757


899,886

2028 Notes(1)
4.57
%

396,460


396,377

2047 Notes(1)
4.44
%

493,256


493,151

2048 Notes(1)
5.12
%

785,838


785,788

Term Loan(1)
3.65
%

324,295


349,163

Amortizing Notes(1)
6.09
%

114,667


125,007

Bank overdrafts and other


8,231


4,695

Deferred realized gains on interest rate swaps


57


57




4,505,433


4,553,059

Less: Short term borrowings(3)


(84,003
)

(48,642
)



$
4,421,430


$
4,504,417


_______________________ 
(1)
Amount is net of unamortized discount and debt issuance costs.
(2)
Represents the rate on drawn down and outstanding balances. Deferred debt issuance costs are immaterial.
(3)
Includes bank borrowings, overdrafts and current portion of long-term debt.