Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2022

Long-Term Debt [Abstract]

Long-Term Debt

The following table presents the Company’s long-term debt as of September 30, 2022 and December 31, 2021:

	September 30,		December 31,
	2022		2021
Revolver under Credit Agreement, bearing interest ranging from 4.12% to 4.76% (a)	$	738,165	$	803,944
Term loan under Credit Agreement, bearing interest at 4.12% (a)		650,000		650,000
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		600,000
2.20% Senior Notes due 2032		650,000		650,000
3.20% Senior Notes due 2032		500,000		—
4.20% Senior Notes due 2033		750,000		—
3.05% Senior Notes due 2050		500,000		500,000
2.95% Senior Notes due 2052		850,000		850,000
Notes payable to sellers and other third parties, bearing interest ranging from 2.42% to 10.35%, principal and interest payments due periodically with due dates ranging from 2028 to 2036 (a)		34,439		37,508
Finance leases, bearing interest ranging from 1.89% to 2.16%, with lease expiration dates ranging from 2026 to 2027 (a)		12,133		10,519
		6,284,737		5,101,971
Less – current portion		(6,718)		(6,020)
Less – unamortized debt discount and issuance costs		(66,048)		(55,451)
	$	6,211,971	$	5,040,500

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(a) Interest rates represent the interest rates in effect at September 30, 2022.

Details of the Company's Credit Agreement

Details of the Credit Agreement are as follows:

	September 30,			December 31,
	2022			2021
Revolver under Credit Agreement
Available	$	1,069,127		$	933,775
Letters of credit outstanding	$	42,708		$	112,281
Total amount drawn, as follows:	$	738,165		$	803,944
Amount drawn - U.S. LIBOR rate loan	$	601,000		$	631,000
Interest rate applicable - U.S. LIBOR rate loan		4.12	%		1.10	%
Amount drawn - U.S. base rate loan	$	—		$	158,000
Interest rate applicable - U.S. base rate loan		—	%		3.25	%
Amount drawn - U.S. swingline loan	$	—		$	11,000
Interest rate applicable - U.S. swingline loan		—	%		3.25	%
Amount drawn – Canadian bankers’ acceptance	$	137,165		$	3,944
Interest rate applicable – Canadian bankers’ acceptance		4.76	%		1.45	%
Commitment – rate applicable		0.09	%		0.09	%
Term loan under Credit Agreement
Amount drawn – U.S. based LIBOR loan	$	650,000		$	650,000
Interest rate applicable – U.S. based LIBOR loan		4.12	%		1.10	%