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Debt
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Debt
Debt
Total debt at March 31, 2019 and December 31, 2018 consisted of the following:


Interest rate
 
March 31, 2019
 
December 31, 2018
Notes due September 2020
3.875%
 
$
300,000

 
$
300,000

Notes due October 2021
3.875%
 
600,000

 
600,000

Notes due May 2022
4.375%
 
400,000

 
400,000

Notes due April 2023
4.95%
 
400,000

 
400,000

Notes due March 2024
4.625%
 
500,000

 
500,000

Notes due January 2037
5.25%
 
35,841

 
35,841

Notes due March 2043
6.7%
 
425,000

 
425,000

Term loans
Variable
 
617,500

 
630,000

Other debt
 
 
5,255

 
5,297

Principal amount
 
 
3,283,596

 
3,296,138

Less: unamortized costs, net
 
 
28,704

 
30,530

Total debt
 
 
3,254,892

 
3,265,608

Less: current portion long-term debt
 
 
207,231

 
199,535

Long-term debt
 
 
$
3,047,661

 
$
3,066,073



On April 17, 2019, Moody's lowered our corporate credit rating from Ba1 to Ba2. Interest rates on certain notes are subject to adjustment based on changes in our credit ratings. As a result, the coupon rate on $1.7 billion principal amount of our notes will increase by 0.25% effective at the next interest payment date for each security.
During the first quarter of 2019, we repaid $13 million of principal related to our term loans.