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Debt (Tables) | 6 Months Ended
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Jun. 30, 2019
Debt Disclosure [Abstract] |
Schedule of Short-term Debt | Debt with a contractual term of one year or less is generally classified as short-term debt and consisted of the following (in thousands):
|  | June 30, 2019 |  | December 31, 2018 |  | July 1, 2018
Unsecured commercial paper |  | $ | 405,695 |  |  | $ | 1,135,810 |  |  | $ | 1,327,307 |
Schedule of Long-term Debt Instruments | Debt with a contractual term greater than one year is generally classified as long-term debt and consisted of the following (in thousands):
|  |  |  | June 30, 2019 |  | December 31, 2018 |  | July 1, 2018
Secured debt (Note 13) |  |  |  |  |  |  |  |
Asset-backed Canadian commercial paper conduit facility |  |  |  | $ | 148,740 |  |  | $ | 155,951 |  |  | $ | 166,638 |
Asset-backed U.S. commercial paper conduit facilities |  |  |  | 464,136 |  |  | 582,717 |  |  | 300,000 |
Asset-backed securitization debt |  |  |  | 1,006,410 |  |  | 95,216 |  |  | 169,632 |
Less: unamortized discount and debt issuance costs |  |  |  | (3,541 | ) |  | (49 | ) |  | (202 | )
Total secured debt |  |  |  | 1,615,745 |  |  | 833,835 |  |  | 636,068 |
Unsecured debt (at par value) |  |  |  |  |  |  |  |
Medium-term notes |  |  |  |  |  |  |  |
Due in 2019, issued January 2016 |  | 2.25 | % |  | — |  |  | 600,000 |  |  | 600,000 |
Due in 2019, issued March 2017 |  | LIBOR + 0.35% |  |  | — |  |  | 150,000 |  |  | 150,000 |
Due in 2019, issued September 2014 |  | 2.40 | % |  | 600,000 |  |  | 600,000 |  |  | 600,000 |
Due in 2020, issued February 2015 |  | 2.15 | % |  | 600,000 |  |  | 600,000 |  |  | 600,000 |
Due in 2020, issued May 2018 |  | LIBOR + 0.50% |  |  | 450,000 |  |  | 450,000 |  |  | 450,000 |
Due in 2020, issued March 2017 |  | 2.40 | % |  | 350,000 |  |  | 350,000 |  |  | 350,000 |
Due in 2021, issued January 2016 |  | 2.85 | % |  | 600,000 |  |  | 600,000 |  |  | 600,000 |
Due in 2021, issued November 2018 |  | LIBOR + 0.94% |  |  | 450,000 |  |  | 450,000 |  |  | — |
Due in 2021, issued May 2018 |  | 3.55 | % |  | 350,000 |  |  | 350,000 |  |  | 350,000 |
Due in 2022, issued February 2019 |  | 4.05 | % |  | 550,000 |  |  | — |  |  | — |
Due in 2022, issued June 2017 |  | 2.55 | % |  | 400,000 |  |  | 400,000 |  |  | 400,000 |
Due in 2023, issued February 2018 |  | 3.35 | % |  | 350,000 |  |  | 350,000 |  |  | 350,000 |
Less: unamortized discount and debt issuance costs |  |  |  | (12,340 | ) |  | (12,993 | ) |  | (14,551 | )
Total medium-term notes |  |  |  | 4,687,660 |  |  | 4,887,007 |  |  | 4,435,449 |
Senior notes |  |  |  |  |  |  |  |
Due in 2025, issued July 2015 |  | 3.50 | % |  | 450,000 |  |  | 450,000 |  |  | 450,000 |
Due in 2045, issued July 2015 |  | 4.625 | % |  | 300,000 |  |  | 300,000 |  |  | 300,000 |
Less: unamortized discount and debt issuance costs |  |  |  | (7,041 | ) |  | (7,376 | ) |  | (7,708 | )
Total senior notes |  |  |  | 742,959 |  |  | 742,624 |  |  | 742,292 |
Total unsecured debt |  |  |  | 5,430,619 |  |  | 5,629,631 |  |  | 5,177,741 |
Gross long-term debt |  |  |  | 7,046,364 |  |  | 6,463,466 |  |  | 5,813,809 |
Less: current portion of long-term debt, net of unamortized discount and debt issuance costs |  |  |  | (2,396,188 | ) |  | (1,575,799 | ) |  | (945,463 | )
Total long-term debt |  |  |  | $ | 4,650,176 |  |  | $ | 4,887,667 |  |  | $ | 4,868,346 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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