Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2020

Long-Term Debt [Abstract]

Long-Term Debt

The following table presents the Company’s long-term debt as of March 31, 2020 and December 31, 2019:

	March 31,		December 31,
	2020		2019
Revolver under Credit Agreement, bearing interest ranging from 2.09% to 2.33% (a)	$	692,623	$	916,247
Term loan under Credit Agreement, bearing interest at 2.09% (a)		650,000		700,000
4.64% Senior Notes due 2021		100,000		100,000
2.39% Senior Notes due 2021		150,000		150,000
3.09% Senior Notes due 2022		125,000		125,000
2.75% Senior Notes due 2023		200,000		200,000
3.24% Senior Notes due 2024		150,000		150,000
3.41% Senior Notes due 2025		375,000		375,000
3.03% Senior Notes due 2026		400,000		400,000
3.49% Senior Notes due 2027		250,000		250,000
4.25% Senior Notes due 2028		500,000		500,000
3.50% Senior Notes due 2029		500,000		500,000
2.60% Senior Notes due 2030		600,000		—
3.05% Senior Notes due 2050		500,000		—
Notes payable to sellers and other third parties, bearing interest ranging from 2.75% to 10.35%, principal and interest payments due periodically with due dates ranging from 2021 to 2036 (a)		9,271		9,638
		5,201,894		4,375,885
Less – current portion		(4,318)		(465)
Less – unamortized debt discount and issuance costs		(36,841)		(21,638)
	$	5,160,735	$	4,353,782

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(a) Interest rates represent the interest rates incurred at March 31, 2020.

Details of the Company's Credit Agreement

Details of the Credit Agreement are as follows:

	March 31,			December 31,
	2020			2019
Revolver under Credit Agreement
Available	$	762,561		$	538,642
Letters of credit outstanding	$	107,316		$	107,611
Total amount drawn, as follows:	$	692,623		$	916,247
Amount drawn - U.S. LIBOR rate loan	$	675,000		$	897,000
Interest rate applicable - U.S. LIBOR rate loan		2.09	%		2.90	%
Amount drawn – Canadian bankers’ acceptance	$	17,623		$	19,247
Interest rate applicable – Canadian bankers’ acceptance		2.33	%		3.18	%
Commitment – rate applicable		0.12	%		0.12	%
Term loan under Credit Agreement
Amount drawn – U.S. based LIBOR loan	$	650,000		$	700,000
Interest rate applicable – U.S. based LIBOR loan		2.09	%		2.90	%