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Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Debt instruments | Details of the Company’s debt at December 31 were as follows:
| 2023 |  | 2022
Syndicated term loan due August 2028 | $ | 572,025 |  |  | $ | — |
Syndicated term loan due January 2025 | — |  |  | 299,644 |
Syndicated term loan due December 2023 | — |  |  | 399,246 |
1.80% notes due February 2025 | 399,149 |  |  | 398,369 |
2.25% notes due February 2027 | 298,421 |  |  | 297,910 |
2.85% notes due February 2032 | 495,785 |  |  | 495,264 |
3.125% notes due May 2030 | 596,480 |  |  | 595,911 |
5.75% notes due November 2040 | 536,246 |  |  | 536,214 |
Other foreign denominated debt, average rate of 10.4% in 2023 and 5.7% in 2022 | 78,800 |  |  | 20,668 |
Finance lease obligations | 88,994 |  |  | 102,920 |
Other debt | 17,100 |  |  | 76,077 |
Total debt | $ | 3,083,000 |  |  | $ | 3,222,223 |
Less: Notes payable and current portion of long-term debt | 47,132 |  |  | 502,440 |
Long-term debt | $ | 3,035,868 |  |  | $ | 2,719,783 |
Schedule of extinguishment of debt | Upon expiration of the tender on May 25, 2021, the Company repurchased 10.53% of its outstanding 5.75% notes for a total cash cost of $81,961, as shown below:
|  | Principal Amount Tendered | Premium and Other Amounts Paid | Total Cash Paid
5.75% notes due November 2040 |  | $ | 63,206 |  | $ | 18,755 |  | $ | 81,961 |
Schedule of debt maturities | The principal requirements of debt maturing in the next five years are:
| 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028
Debt maturities by year | $ | 47,132 |  |  | $ | 449,774 |  |  | $ | 21,778 |  |  | $ | 310,355 |  |  | $ | 583,655 |

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