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Debt (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Summary of Debt

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

 

 

 

As of

June 30,

2019

 

 

As of

December 31,

2018

 

Revolving credit facility(A)

 

$

40,627

 

 

$

28,059

 

Term loan

 

 

200,000

 

 

 

200,000

 

Australian term loan facility(B)

 

 

842,400

 

 

 

 

4.000% Senior Unsecured Notes due 2022(C)

 

 

568,650

 

 

 

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(C)

 

 

568,650

 

 

 

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

 

 

 

$

4,920,327

 

 

$

4,074,759

 

Debt issue costs, net

 

 

(42,017

)

 

 

(37,370

)

 

 

$

4,878,310

 

 

$

4,037,389

 

 

(A)

Includes £32 million and £22 million of GBP-denominated borrowings that reflect the exchange rate at June 30, 2019 and December 31, 2018, respectively.

(B)

This note is Australian dollar-denominated and reflects the exchange rate at June 30, 2019.

(C)

These notes are Euro-denominated and reflect the exchange rate at June 30, 2019 and December 31, 2018, respectively.

Principal Payments Due on Debt

As of June 30, 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

 

 

40,627

 

2022

 

 

768,650

 

2023

 

 

 

Thereafter

 

 

4,111,050

 

Total

 

$

4,920,327