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Long-Term Debt | 3 Months Ended
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Mar. 31, 2022
Debt Disclosure [Abstract] |
Long-Term Debt | Long-Term Debt Long-term debt consisted of the following:
| March 31, 2022 |  | March 31, 2021 |  | Dec. 31, 2021
| (Dollars in thousands)
Bank debt |  |  |  |  |
Bank revolving loans | $ | 508,000 |  |  | $ | 137,000 |  |  | $ | — |
U.S. term loans | 1,000,000 |  |  | 400,000 |  |  | 1,000,000 |
Other foreign bank revolving and term loans | 50,014 |  |  | 60,030 |  |  | 38,862 |
Total bank debt | 1,558,014 |  |  | 597,030 |  |  | 1,038,862 |
4¾% Senior Notes | — |  |  | 300,000 |  |  | 300,000 |
3¼% Senior Notes | 723,190 |  |  | 763,945 |  |  | 739,180 |
4⅛% Senior Notes | 600,000 |  |  | 600,000 |  |  | 600,000 |
2¼% Senior Notes | 556,300 |  |  | 587,650 |  |  | 568,600 |
1.4% Senior Secured Notes | 500,000 |  |  | 500,000 |  |  | 500,000 |
Finance leases | 67,714 |  |  | 33,936 |  |  | 68,730 |
Total debt - principal | 4,005,218 |  |  | 3,382,561 |  |  | 3,815,372 |
Less unamortized debt issuance costs and debt discount | 20,451 |  |  | 24,147 |  |  | 22,195 |
Total debt | 3,984,767 |  |  | 3,358,414 |  |  | 3,793,177 |
Less current portion | 539,134 |  |  | 195,122 |  |  | 20,251 |
| $ | 3,445,633 |  |  | $ | 3,163,292 |  |  | $ | 3,772,926 |
At March 31, 2022, the current portion of long-term debt consisted of $508.0 million of bank revolving loans under our amended and restated senior secured credit facility, as amended, or the Credit Agreement, $28.4 million of other foreign bank revolving and term loans and $2.7 million of finance leases. On March 28, 2022, we redeemed all $300.0 million aggregate principal amount of our outstanding 4¾% Senior Notes due 2025, or the 4¾% Notes, at a redemption price of 100 percent of their principal amount plus accrued and unpaid interest to the redemption date. We funded this redemption with revolving loan borrowings under the Credit Agreement and cash on hand. As a result of this redemption, we recorded a pre-tax charge for the loss on early extinguishment of debt of $1.5 million during the first quarter of 2022 for the write-off of unamortized debt issuance costs.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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