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Debt (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Summary of Debt

The following is a summary of debt (dollar amounts in thousands):

 

 

 

As of

March 31,

2019

 

 

As of

December 31,

2018

 

Revolving credit facility(A)

 

$

37,802

 

 

$

28,059

 

Term loan

 

 

200,000

 

 

 

200,000

 

4.000% Senior Unsecured Notes due 2022(B)

 

 

560,900

 

 

 

573,350

 

5.500% Senior Unsecured Notes due 2024

 

 

300,000

 

 

 

300,000

 

6.375% Senior Unsecured Notes due 2024

 

 

500,000

 

 

 

500,000

 

3.325% Senior Unsecured Notes due 2025(B)

 

 

560,900

 

 

 

573,350

 

5.250% Senior Unsecured Notes due 2026

 

 

500,000

 

 

 

500,000

 

5.000% Senior Unsecured Notes due 2027

 

 

1,400,000

 

 

 

1,400,000

 

 

 

$

4,059,602

 

 

$

4,074,759

 

Debt issue costs, net

 

 

(36,034

)

 

 

(37,370

)

 

 

$

4,023,568

 

 

$

4,037,389

 

 

(A)

Includes £29 million and £22 million of GBP-denominated borrowings that reflect the exchange rate at March 31, 2019 and December 31, 2018, respectively.

(B)

These notes are Euro-denominated and reflect the exchange rate at March 31, 2019 and December 31, 2018, respectively.

Principal Payments Due on Debt

As of March 31, 2019, principal payments due on our debt (which exclude the effects of any discounts, premiums, or debt issue costs recorded) are as follows (in thousands):

 

2019

 

$

 

2020

 

 

 

2021

 

 

37,802

 

2022

 

 

760,900

 

2023

 

 

 

Thereafter

 

 

3,260,900

 

Total

 

$

4,059,602