Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2020

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:

	At December 31, 2020			At December 31, 2019
	Fair Value		Carrying Value	Fair Value	Carrying Value
1.750% Senior Notes, payable June 12, 2027; interest payable annually	$	635,664	615,006	—	—
3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually	561,890		500,000	—	—
3.85% Senior Notes, payable February 1, 2023; interest payable semi-annually	638,844		600,000	627,144	600,000
2.00% Senior Notes, payable January 14, 2022; interest payable annually	624,680		615,006	580,235	560,099
2020 Floating Rate Notes, payable May 18, 2020; interest payable quarterly	—		—	336,066	336,059
2021 Floating Rate Notes, payable September 04, 2021; interest payable quarterly	368,738		369,004	335,965	336,059
U.S. commercial paper	—		—	317,000	317,000
European commercial paper	—		—	376,946	376,946
Five-year Senior unsecured Credit Facility, due October 18, 2024	—		—	16,803	16,803
Finance leases and other	46,302		46,302	30,049	30,049
Unamortized debt issuance costs	(11,176)		(11,176)	(3,129)	(3,129)
Total debt	2,864,942		2,734,142	2,617,079	2,569,886
Less current portion of long term debt and commercial paper	376,989		377,255	1,051,498	1,051,498
Long-term debt, less current portion	$	2,487,953	2,356,887	1,565,581	1,518,388

Schedule of Maturities of Long-Term Debt

The aggregate maturities of total debt as of December 31, 2020 are as follows(1):

2021	$	377,208
2022	622,832
2023	607,116
2024	5,459
2025	4,131
Thereafter	1,128,572
	$	2,745,318

(1) Debt maturity table excludes deferred loan costs.