Long-term Debt and Other Borrowing Arrangements

Long-term debt consists of:



(in thousands)	October 28, 2018		October 29, 2017
Term loan	$	374,840	$	—
Senior unsecured notes, with interest at 4.125%, interest due semi- annually through April 2021 maturity date	250,000		250,000
Less: current maturities	—		—
Total	$	624,840	$	250,000

The Company has a $400.0 million unsecured revolving line of credit which matures in June 2021. The unsecured revolving line of credit bears interest at a variable rate based on LIBOR, and a fixed fee is paid for the availability of this credit line. As of October 28, 2018, and October 29, 2017 the Company had no outstanding draws from this line of credit.

The Company had a $300.0 million term loan facility which expired in December 2016. With the acquisition of Columbus Manufacturing Inc. in November 2017, the Company obtained a two-year $375.0 million term loan which is due in full in November 2019. In December 2018, the Company will consider this term loan short term since the due date is less than one year.

The Company is required by certain covenants in its debt agreements to maintain specified levels of financial ratios and financial position. At the end of the current fiscal year, the Company was in compliance with all of these covenants.

Total interest paid in the last three fiscal years is as follows:



(in millions)
2018	$	25.6
2017	12.7
2016	12.9