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Indebtedness (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Debt Outstanding

We had the following debt outstanding as of the dates shown below. The expenses of issuing debt are generally capitalized and included as a reduction to debt in the accompanying consolidated balance sheets. These costs are amortized over the expected life of the related instruments. When debt is retired before maturity, or modifications significantly change the cash flows, the related unamortized costs are expensed. For December 31, 2021, deferred financing costs for our bank credit facility are included in other assets in the accompanying consolidated balance sheet. No interest was capitalized in the three-year period ended December 31, 2022. The components of our debt outstanding, including the effects of debt issuance costs, is as follows (in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Bank debt

 

$

19,000

 

 

$

 

Senior notes

 

 

 

 

 

 

4.75% senior notes due 2030

 

 

500,000

 

 

 

 

4.875% senior notes due 2025

 

 

750,000

 

 

 

750,000

 

5.00% senior notes due 2022

 

 

 

 

 

169,589

 

5.00% senior notes due 2023

 

 

 

 

 

532,335

 

5.875% senior notes due 2022

 

 

 

 

 

48,528

 

8.25% senior notes due 2029

 

 

600,000

 

 

 

600,000

 

9.25% senior notes due 2026

 

 

 

 

 

850,000

 

Total senior notes

 

 

1,850,000

 

 

 

2,950,452

 

Total debt

 

 

1,869,000

 

 

 

2,950,452

 

Unamortized premium

 

 

 

 

 

188

 

Unamortized debt issuance costs

 

 

(27,040

)

 

 

(24,853

)

Total debt (net of debt issuance costs)

 

 

1,841,960

 

 

 

2,925,787

 

Less current maturities of long-term debt

 

 

 

 

 

(218,017

)

Total long-term debt

 

$

1,841,960

 

 

$

2,707,770

 

Schedule for Long-Term Debt Outstanding The following is the principal maturity schedule for our long-term debt outstanding as of December 31, 2022 (in thousands):

 

 

 

Year Ended
December 31,

 

2023

 

$

 

2024

 

 

 

2025

 

 

750,000

 

2026

 

 

 

2027

 

 

19,000

 

Thereafter

 

 

1,100,000

 

 

 

$

1,869,000