Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of carrying values and estimated fair values of debt instruments

The fair values and carrying values of the Company’s debt instruments are detailed as follows:

	December 31, 2018					December 31, 2017
	Fair Value			Carrying Value		Fair Value		Carrying Value
3.85% senior notes, payable February 1, 2023; interest payable semiannually	$	599,904		600,000		622,752		600,000
Floating Rate Notes, payable May 18, 2020; interest payable quarterly	343,004			343,289		—		—
2.00% senior notes, payable January 14, 2022; interest payable annually	587,487			572,148		634,193		600,096
Floating Rate Notes, payable September 11, 2019, interest payable quarterly	343,560			343,289		360,807		360,058
U.S. commercial paper	632,668			632,668		228,500		228,500
European commercial paper	707,175			707,175		912,146		912,146
Five-year senior secured credit facility, due March 26, 2022	57,896			57,896		62,104		62,104
Capital leases and other	6,664			6,664		6,934		6,934
Unamortized debt issuance costs	(5,155		)	(5,155	)	(6,260	)	(6,260	)
Total debt	3,273,203			3,257,974		2,821,176		2,763,578
Less current portion of long term debt and commercial paper	1,742,373			1,742,373		1,203,683		1,203,683
Long-term debt, less current portion	$	1,530,830		1,515,601		1,617,493		1,559,895

Schedule of maturities of long-term debt

The aggregate maturities of total debt as of December 31, 2018 are as follows:

2019	$	1,742,373
2020	344,323
2021	617
2022	572,568
2023	600,420
Thereafter	2,828
	$	3,263,129