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Debt
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
DEBT
DEBT
Debt consisted of the following at March 31, 2016:
 
March 31, 2016
 
U.S. Dollar
 
Other Principal
Trading
Currencies
 
Total
$50 million Senior Notes, interest 3.67%, due December 17, 2022
$
50,000

 
$

 
$
50,000

$50 million Senior Notes, interest 4.10%, due September 19, 2023
50,000

 

 
50,000

$125 million Senior Notes, interest 3.84%, due September 19, 2024
125,000

 

 
125,000

$125 million Senior Notes, interest 4.24%, due June 25, 2025
125,000

 

 
125,000

Euro 125 million Senior Notes, interest 1.47%, due June 17, 2030

 
140,150

 
140,150

Debt issuance costs, net
(1,388
)
 
(406
)
 
(1,794
)
Total Senior Notes
348,612

 
139,744

 
488,356

$800 million Credit Agreement, interest at LIBOR plus 87.5 basis points
176,500

 
17,016

 
193,516

Other local arrangements

 
17,381

 
17,381

Total debt
525,112

 
174,141

 
699,253

Less: current portion

 
(17,381
)
 
(17,381
)
Total long-term debt
$
525,112

 
$
156,760

 
$
681,872


As of March 31, 2016, the Company had $602.0 million of availability remaining under its Credit Agreement.

1.47% Euro Senior Notes
The Company has designated the 1.47% Euro Senior Notes as a hedge of a portion of its net investment in euro-denominated foreign subsidiaries to reduce foreign currency risk associated with the net investment in these operations. Changes in the carrying value of this debt resulting from fluctuations in the euro to U.S. dollar exchange rate are recorded as foreign currency translation adjustments within other comprehensive income (loss). The unrealized loss recorded in other comprehensive income (loss) related to this net investment hedge was $3.6 million for the three months ended March 31, 2016.