Debt



June 30,	2017			2016
Domestic:
Fixed rate medium-term notes, 3.30% to 6.55%, due 2018-2045	$	2,675,000		$	2,675,000
Senior Notes, 3.25% to 4.10%, due 2027 - 2047	1,300,000			—
Term loan, Libor plus 100 bps, due 2020	493,750			—
Foreign:
Euro Senior Notes, 1.125%, due 2025	799,890			—
Euro Term loan, Libor plus 150 bps, due 2022	114,270			—
Japanese Yen credit facility, JPY Libor plus 55 bps, due 2017	—			58,140
Other long-term debt	433			—
Deferred debt issuance costs	(47,183		)	(22,596		)
Total long-term debt	5,336,160			2,710,544
Less: Long-term debt payable within one year	474,265			58,087
Long-term debt, net	$	4,861,895		$	2,652,457

The Company issued the Senior Notes and entered into term loans during 2017. Interest payments are paid semi-annually for the Senior Notes due 2027 and 2047, paid annually for the Senior Notes due 2025 and are generally paid quarterly for the term loans. Total debt issuance costs were approximately $27,782 and will be amortized over the respective debt terms. The Company primarily used the proceeds from these debt issuances for the Clarcor acquisition.

Principal amounts of long-term debt payable in the five years ending June 30, 2018 through 2022 are $475,143, $100,107, $468,822, $32 and $114,280, respectively. The principal amounts of long-term debt payable exclude the impact of the amortization of debt issuance costs.

Lease Commitments - Future minimum rental commitments as of June 30, 2017, under non-cancelable operating leases, which expire at various dates, are as follows: 2018-$81,400; 2019-$56,974; 2020-$35,467; 2021-$21,189; 2022-$13,220 and after 2022-$31,994.

Rental expense in 2017, 2016 and 2015 was $118,723, $119,004 and $125,657, respectively.