FINANCING ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Components of Short-term and Long-term Debt

The components of our short-term and long-term debt and the associated interest rates were as follows (dollars in thousands):

	Average interest rate as of					Carrying value as of
	September 30, 2020		December 31, 2019		Maturity	September 30, 2020		December 31, 2019
Revolving credit facility	—	%	—	%	October 2023	$	—	$	—
Senior Notes, Series A	3.97	%	3.97	%	August 2023	175,000		175,000
Senior Notes, Series B	4.26	%	4.26	%	August 2028	150,000		150,000
Senior Notes, Series C	4.60	%	4.60	%	August 2033	175,000		175,000
Receivables securitization facility (1)	0.80	%	2.41	%	December 2020	59,979		142,885
Senior Notes (1)	4.20	%	4.20	%	April 2028	593,087		592,448
Total debt						1,153,066		1,235,333
Less: Current maturities and short-term borrowing						(59,979)		(142,885)
Long-term debt						$	1,093,087	$	1,092,448

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(1) Net of unamortized discounts and issuance costs.