XML 50 R36.htm IDEA: XBRL DOCUMENT
v3.24.0.1

LONG-TERM DEBT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Debt Disclosure [Abstract] |
Long-term Debt | Long-term debt at December 31 was as follows:
| 2023 |  | 2022
| (Dollars in thousands)
Bank debt: |  |  |
Bank revolving loans | $ | — |  |  | $ | — |
U.S. term loans | 950,000 |  |  | 1,000,000 |
Other foreign bank revolving and term loans | 56,243 |  |  | 49,673 |
Total bank debt | 1,006,243 |  |  | 1,049,673 |
3¼% Senior Notes | 717,990 |  |  | 693,680 |
4⅛% Senior Notes | 600,000 |  |  | 600,000 |
2¼% Senior Notes | 552,300 |  |  | 533,600 |
1.4% Senior Secured Notes | 500,000 |  |  | 500,000 |
Finance leases | 63,302 |  |  | 65,667 |
Total debt - principal | 3,439,835 |  |  | 3,442,620 |
Less unamortized debt issuance costs and debt discount | 13,069 |  |  | 17,178 |
Total debt | 3,426,766 |  |  | 3,425,442 |
Less current portion | 880,315 |  |  | 80,061 |
| $ | 2,546,451 |  |  | $ | 3,345,381 |
Aggregate Annual Maturities of Debt | The aggregate annual maturities of our debt (non-U.S. dollar debt has been translated into U.S. dollars at exchange rates in effect at the balance sheet date), excluding finance leases, are as follows (dollars in thousands):
2024 | $ | 852,711 |
2025 | 106,723 |
2026 | 603,665 |
2027 | 653,192 |
2028 | 1,153,269 |
Thereafter | 6,973 |
| $ | 3,376,533 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration