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Long-Term Debt | 6 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Long-Term Debt | Long-Term Debt: Long-term debt at June 30, 2025 and December 31, 2024 consisted of the following (in thousands):
| June 30, |  | December 31,
| 2025 |  | 2024
1.125% notes due 2025 | $ | 439,695 |  |  | $ | 393,346 |
1.625% notes due 2028 | 582,950 |  |  | 521,500 |
3.45% Senior notes due 2029 | 171,612 |  |  | 171,612 |
4.65% Senior notes due 2027 | 650,000 |  |  | 650,000 |
5.05% Senior notes due 2032 | 600,000 |  |  | 600,000 |
5.45% Senior notes due 2044 | 350,000 |  |  | 350,000 |
5.65% Senior notes due 2052 | 450,000 |  |  | 450,000 |
Interest-free loan | 300,000 |  |  | 300,000 |
Variable-rate foreign bank loans | 19,264 |  |  | 27,477 |
Finance lease obligations | 117,401 |  |  | 118,796 |
Other | 22,000 |  |  | 22,000 |
Unamortized discount and debt issuance costs | (79,900) |  |  | (88,566) |
Total long-term debt | 3,623,022 |  |  | 3,516,165 |
Less amounts due within one year | 444,911 |  |  | 398,023 |
Long-term debt, less current portion | $ | 3,178,111 |  |  | $ | 3,118,142 |
Accounts Receivable Purchase Agreement We are party to a master receivables purchase agreement, under which we may sell up to approximately $93 million of available and eligible outstanding customer accounts receivable generated by sales to certain customers. The agreement is uncommitted and can be terminated by us or the purchaser upon notice in accordance with the terms of the agreement. Transactions under this agreement are accounted for as sales of accounts receivable, and the receivables sold are removed from the consolidated balance sheets as of the effective time of the sales transaction. During the three-month and six-month periods ended June 30, 2025, the Company sold and removed approximately $60.8 million of accounts receivable under this master receivables purchase agreement. The Company incurred approximately $0.1 million of interest expense and service fees associated with the master receivables purchase agreement during the three-month and six-month periods ended June 30, 2025. Costs associated with the sales of receivables are reflected in the consolidated statements of income (loss) for the periods in which the sales occur.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/470/tableOfContent + Details
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