Short-Term Borrowings (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Short-term Debt [Table Text Block]

The following table summarizes our short-term borrowing facilities information at June 30, 2020 and December 31, 2019:



				Outstanding borrowings at
(in thousands)	Total Facility		LIBOR Based Interest Rate	June 30, 2020		December 31, 2019		Available at June 30, 2020
Bank Credit Facility
Existing Bilateral Facilities
Committed revolving credit facility A	$	55,000	plus 0.75 percent	$	55,000	$	55,000	$	—
Committed revolving credit facility B	80,000		plus 0.75 percent	77,501		57,150		2,499
Committed revolving credit facility C	45,000		plus 0.75 percent	32,412		42,040		12,588
Committed revolving credit facility D	40,000		plus 0.85 percent	40,000		40,000		—
Committed revolving credit facility E⁽²⁾	150,000		plus 1.125 percent	80,000		50,000		70,000
Total existing bilateral facilities	370,000			284,913		244,190		85,087
Incremental Facilities
Committed revolving credit facility F	35,000		plus 1.75 percent	—		—		35,000
Committed revolving credit facility G	15,000		plus 1.75 percent	—		—		15,000
Committed revolving credit facility H	25,000		plus 1.75 percent	—		—		25,000
Committed revolving credit facility I	20,000		plus 1.75 percent	—		—		20,000
Total incremental facilities	95,000			—		—		95,000
Total short term credit facilities	$	465,000		284,913		244,190		$	180,087
Book overdrafts⁽¹⁾				1,492		3,181
Total short-term borrowing				$	286,405	$	247,371

⁽¹⁾ If presented, these book overdrafts would be funded through the bank revolving credit facilities.

⁽²⁾This committed revolving credit facility includes a restriction that our short-term borrowings, excluding any borrowings under the committed revolving credit facility, cannot exceed $350.0 million.