Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Summary of Debt

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

	As of December 31, 2019			As of December 31, 2018
Revolving credit facility(A)	$	—		$	28,059
Term loan		200,000			200,000
Australian term loan facility(B)		842,520			—
4.000% Senior Unsecured Notes due 2022(B)		560,650			573,350
2.550% Senior Unsecured Notes due 2023(B)		530,280			—
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)		560,650			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
3.692% Senior Unsecured Notes due 2028(B)		795,420			—
4.625% Senior Unsecured Notes due 2029		900,000			—
	$	7,089,520		$	4,074,759
Debt issue costs and discount, net		(65,841	)		(37,370	)
	$	7,023,679		$	4,037,389

(A) Includes £22 million of GBP-denominated borrowings that reflect the exchange rate at December 31, 2018.

(B) Non-U.S. dollar denominated debt that reflects the exchange rate at period end.

Principal Payments Due on Debt

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

2020	$	—
2021		—
2022		760,650
2023		530,280
2024		1,642,520
Thereafter		4,156,070
Total	$	7,089,520