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DEBT AND OTHER FINANCING ARRANGEMENTS (Tables) | 9 Months Ended
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Sep. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Long-term Debt and Finance Lease Obligations | Long-term debt, net and finance leases consists of the following:
| September 30, 2023 |  | December 31, 2022
| (in thousands)
Revolving facility | $ | 1,003,744 |  |  | $ | 1,197,586 |
4.25% Senior Notes due 2028 | 500,000 |  |  | 500,000 |
3.75% Senior Notes due 2029 | 500,000 |  |  | 500,000 |
4.00% Senior Notes due 2031 | 500,000 |  |  | 500,000 |
Other debt | 797 |  |  | 1,594 |
Finance leases | 27,995 |  |  | 30,646 |
Total debt and finance leases | 2,532,536 |  |  | 2,729,826 |
Less: |  |  |
Current portion of long-term debt | 797 |  |  | 1,347 |
Current portion of finance leases | 1,880 |  |  | 2,330 |
Current portion of long-term debt and finance leases | 2,677 |  |  | 3,677 |
Long-term debt and finance leases | 2,529,859 |  |  | 2,726,149 |
Debt discount and debt issuance costs | (15,642) |  |  | (18,618) |
Long-term debt, net and finance leases | $ | 2,514,217 |  |  | $ | 2,707,531 |
Schedule of Cross Currency Loans | The gains and losses incurred on these transactions were as follows:
|  |  | Three Months Ended |  |  |  | Nine Months Ended |  |
|  |  |  | September 24, 2022 |  |  |  | September 24, 2022 |  | Affected Line Item in the Unaudited Condensed Consolidated Statements of Income
|  |  | (in thousands) |  |
Loss on foreign debt remeasurement |  |  |  | (16,006) |  |  |  |  | (46,529) |  |  | Other expense, net
Gain on foreign exchange forward contract |  |  |  | 17,406 |  |  |  |  | 49,712 |  |  | Interest expense

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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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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
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