FINANCING ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

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
	September 30, 2022		December 31, 2021		Maturity	September 30, 2022		December 31, 2021
Revolving credit facility	4.27	%	1.23	%	October 2023	$	104,000	$	525,000
364-day revolving credit facility	3.50	%	—		May 2023	500,000		—
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)	3.74	%	0.73	%	November 2023	499,552		299,481
Senior Notes (1)	4.20	%	4.20	%	April 2028	594,828		594,168
Total debt						2,198,380		1,918,649
Less: Current maturities and short-term borrowing						(779,000)		(525,000)
Long-term debt						$	1,419,380	$	1,393,649

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(1) Net of unamortized discounts and issuance costs.