Long-Term Debt

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Long-Term Debt

Long-Term Debt

Long-term debt consisted of the following: 

	June 30, 2024		June 30, 2023		Dec. 31, 2023
	(Dollars in thousands)
Bank debt
Bank revolving loans	$	665,000	$	738,000	$	—
U.S. term loans	850,000		950,000		950,000
Other foreign bank revolving and term loans	54,277		71,016		56,243
Total bank debt	1,569,277		1,759,016		1,006,243
3¼% Senior Notes	696,605		709,150		717,990
4⅛% Senior Notes	600,000		600,000		600,000
2¼% Senior Notes	535,850		545,500		552,300
1.4% Senior Secured Notes	500,000		500,000		500,000
Finance leases	38,134		64,225		63,302
Total debt - principal	3,939,866		4,177,891		3,439,835
Less unamortized debt issuance costs and debt discount	10,902		15,328		13,069
Total debt	3,928,964		4,162,563		3,426,766
Less current portion	1,398,246		811,387		880,315
	$	2,530,718	$	3,351,176	$	2,546,451

At June 30, 2024, the current portion of long-term debt consisted of $696.6 million of 3¼% Senior Notes due 2025, $665.0 million of U.S. revolving loans under our amended and restated senior secured credit facility, as amended, or the Credit Agreement, $33.5 million of other foreign bank revolving and term loans and $3.1 million of finance leases.