FINANCING ARRANGEMENTS (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Components of Short-term and Long-term Debt

The components of our short-term and long-term debt and the associated interest rates were as follows (dollars in thousands):

	Average interest rate as of					Carrying value as of
	December 31, 2018		December 31, 2017		Maturity	December 31, 2018			December 31, 2017
Revolving credit facility	3.64	%	2.70	%	October 2023	$	5,000		$	715,000
Senior Notes, Series A	3.97	%	3.97	%	August 2023	175,000			175,000
Senior Notes, Series B	4.26	%	4.26	%	August 2028	150,000			150,000
Senior Notes, Series C	4.60	%	4.60	%	August 2033	175,000			175,000
Receivables securitization facility (1)	3.15	%	2.00	%	December 2020	249,744			250,000
Senior Notes (1)	4.20	%	N/A		April 2028	591,608			—
Total debt						1,346,352			1,465,000
Less: Current maturities and short-term borrowing						(5,000		)	(715,000		)
Long-term debt						$	1,341,352		$	750,000

⁽¹⁾ Net of unamortized discounts and issuance costs.