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FINANCING ARRANGEMENTS (Tables)
 3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Components of Short-term and Long-term Debt
The components of our short-term and long-term debt and the associated interest rates were as follows (dollars in thousands):
Average interest rate as ofCarrying value as of
March 31, 2023December 31, 2022MaturityMarch 31, 2023December 31, 2022
Revolving credit facility5.97 %— %November 2027$4,000 $— 
364-day revolving credit facility5.62 %5.12 %May 2023274,000 379,000 
Senior Notes, Series A3.97 %3.97 %August 2023175,000 175,000 
Senior Notes, Series B4.26 %4.26 %August 2028150,000 150,000 
Senior Notes, Series C4.60 %4.60 %August 2033175,000 175,000 
Receivables Securitization Facility (1)
5.57 %5.01 %November 2023499,759 499,655 
Senior Notes (1)
4.20 %4.20 %April 2028595,272 595,049 
Total debt1,873,031 1,973,704 
Less: Current maturities and short-term borrowing(952,759)(1,053,655)
Long-term debt$920,272 $920,049 
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(1) Net of unamortized discounts and issuance costs.