v3.3.1.900
Debt (Tables)
 12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
Long-term debt consisted of the following:
 
December 31,
 
2015
 
2014
 
(In thousands)
Term loans
$
713,175

 
$
1,210,474

Trade receivables financing arrangement
75,800

 
80,000

Revolving credit facilities and other
628,572

 
246,336

Total Debt
1,417,547

 
1,536,810

Less: current portion
(5,792
)
 
(9,855
)
Long-term debt
$
1,411,755

 
$
1,526,955
Schedule of Maturities of Long-term Debt [Table Text Block]
The contractual maturities of the Company’s debt as of December 31, 2015 are as follows(1):

 
(In thousands)
2016
$
5,792

2017
4,536

2018
4,598

2019
2,405

2020
1,408,916

Total contractual maturities
1,426,247

Debt discount(2)
(8,700
)
Total debt
$
1,417,547

 
(1) Represents scheduled payments required under the 2015 Deutsche Bank Credit Agreement through June 5, 2020, as well as the contractual maturities of other debt outstanding as of December 31, 2015, and reflects management’s intention to repay scheduled maturities of the term loans outstanding under the 2015 Deutsche Bank Credit Agreement and the trade receivables financing arrangement (if not extended) with proceeds from the revolving credit facility.
(2) Includes $1.2 million of deferred debt issuance costs pursuant to the adoption of ASU No. 2015-03. See Note 3, “Recently Issued Accounting Pronouncements” for further discussion.