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Debt (Tables) | 9 Months Ended
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Sep. 30, 2015
Debt Disclosure [Abstract] |
Schedule of debt |
| Weighted-Average Interest Rate |  |  |  |  |  |
| September 30, 2015 |  | December 31, 2014 |  | Maturities |  | September 30, 2015 |  | December 31, 2014
|  |  |  |  |  |  | (In thousands)
Short-term debt and current portion of long-term debt: |  |  |  |  |  |  |  |  |
Short-term debt | —% |  | 1.30% |  |  |  | $ | — |  |  | 3,773 |
Current portion of long-term debt |  |  |  |  |  |  | 305,759 |  |  | 32,511 |
Total short-term debt and current portion of long-term debt |  |  |  |  |  |  | 305,759 |  |  | 36,284 |
Long-term debt: |  |  |  |  |  |  |  |  |
U.S. commercial paper (1) | 0.44% |  | 0.35% |  | 2020 |  | 461,414 |  |  | 276,694 |
Global revolving credit facility | 2.68% |  | 1.60% |  | 2020 |  | 43,553 |  |  | 11,190 |
Unsecured U.S. notes — Medium-term notes (1) | 2.74% |  | 3.29% |  | 2016-2025 |  | 4,112,089 |  |  | 3,772,159 |
Unsecured U.S. obligations | 1.51% |  | 0.76% |  | 2018 |  | 50,000 |  |  | 110,500 |
Unsecured foreign obligations | 1.92% |  | 2.01% |  | 2015-2020 |  | 283,433 |  |  | 295,776 |
Asset-backed U.S. obligations (2) | 1.81% |  | 1.81% |  | 2018-2022 |  | 448,331 |  |  | 218,137 |
Capital lease obligations | 1.92% |  | 1.73% |  | 2015-2022 |  | 36,083 |  |  | 37,560 |
Total before fair market value adjustment |  |  |  |  |  |  | 5,434,903 |  |  | 4,722,016 |
Fair market value adjustment on notes subject to hedging (3) |  |  |  |  |  | 15,794 |  |  | 4,830 |
|  |  |  |  |  |  | 5,450,697 |  |  | 4,726,846 |
Current portion of long-term debt |  |  |  |  |  |  | (305,759 | ) |  | (32,511 | )
Long-term debt |  |  |  |  |  |  | 5,144,938 |  |  | 4,694,335 |
Total debt |  |  |  |  |  |  | $ | 5,450,697 |  |  | 4,730,619 |
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(1) | We had unamortized original issue discounts of $8.0 million and $7.9 million at September 30, 2015 and December 31, 2014, respectively.
(2) | Asset-backed U.S. obligations of $448.3 million at September 30, 2015 and $218.1 million at December 31, 2014 are related to financing transactions involving revenue earning equipment. See Note (A), General, Revision of Prior Period Financial Information for further information related to our evaluation of accounting for these transactions.
(3) | The notional amount of executed interest rate swaps designated as fair value hedges was $825 million at September 30, 2015 and $600 million at December 31, 2014.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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