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DEBT (Tables)
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Long-Term Debt

Long-term debt consisted of the following:

 

In thousands

 

 

March 31, 2017

 

 

December 31, 2016

 

Obligations under capital leases

$

10,820

 

 

$

11,121

 

$1.2 billion senior credit facility weighted average rate 2.23%, due in 2019

 

346,506

 

 

 

407,119

 

$1.0 billion term loan weighted average rate 2.33%, due in 2020

 

970,000

 

 

 

1,000,000

 

$175 million private placement notes 3.89%, due in 2017

 

175,000

 

 

 

175,000

 

$125 million private placement notes 2.68%, due in 2019

 

125,000

 

 

 

125,000

 

$225 million private placement notes 4.47%, due in 2020

 

225,000

 

 

 

225,000

 

$150 million private placement notes 2.89%, due in 2021

 

150,000

 

 

 

150,000

 

$125 million private placement notes 3.26%, due in 2022

 

125,000

 

 

 

125,000

 

$200 million private placement notes 2.72%, due in 2022

 

200,000

 

 

 

200,000

 

$100 million private placement notes 2.79%, due in 2023

 

100,000

 

 

 

100,000

 

$150 million private placement notes 3.18%, due in 2023

 

150,000

 

 

 

150,000

 

Promissory notes and deferred consideration weighted average rate of 2.39% and weighted average maturity of 3.3 years

 

193,208

 

 

 

191,648

 

Foreign bank debt weighted average rate 6.25% and weighted average maturity of 1.9 years

 

101,341

 

 

 

99,428

 

Total debt

 

2,871,875

 

 

 

2,959,316

 

Less: current portion of total debt

 

96,301

 

 

 

72,822

 

Less: unamortized debt issuance costs

 

8,539

 

 

 

9,179

 

Long-term portion of total debt

$

2,767,035

 

 

$

2,877,315