DEBT

Debt consisted of the following at March 31, 2018:



	March 31, 2018
	U.S. Dollar			Other Principal Trading Currencies			Total
3.67% $50 million Senior Notes due December 17, 2022	$	50,000		$	—		$	50,000
4.10% $50 million Senior Notes due September 19, 2023	50,000			—			50,000
3.84% $125 million Senior Notes due September 19, 2024	125,000			—			125,000
4.24% $125 million Senior Notes due June 25, 2025	125,000			—			125,000
1.47% Euro 125 million Senior Notes due June 17, 2030	—			155,260			155,260
Debt issuance costs, net	(1,038		)	(349		)	(1,387		)
Total Senior Notes	348,962			154,911			503,873
$800 million Credit Agreement, interest at LIBOR plus 87.5 basis points	400,234			74,608			474,842
Other local arrangements	16			14,867			14,883
Total debt	749,212			244,386			993,598
Less: current portion	(16		)	(14,867		)	(14,883		)
Total long-term debt	$	749,196		$	229,519		$	978,715

As of March 31, 2018, the Company had $319.7 million of availability remaining under its Credit Agreement.

In April 2018, two of the Company's non-U.S. pension plans issued a loan of $39.6 million (Swiss franc 38 million) to a wholly owned subsidiary of the Company. The loan has an interest rate of LIBOR plus 87.5 basis points and a maturity date of April 2019 and a one year renewal term and, as such, will be classified as short-term debt on the Company's consolidated balance sheet. The proceeds were used to pay down amounts outstanding on the existing credit facility.

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 a euro-denominated foreign subsidiary to reduce foreign currency risk associated with this net investment. 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 pre-tax unrealized loss recorded in other comprehensive income (loss) related to this net investment hedge was $5.5 million and $3.3 million for the three months ended March 31, 2018 and 2017, respectively.