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FINANCING ARRANGEMENTS (Tables)
 3 Months Ended
Mar. 31, 2024
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 ofCarrying value as of
March 31, 2024December 31, 2023MaturityMarch 31, 2024December 31, 2023
Revolving credit facility6.43 %6.45 %November 2027$280,000 $160,000 
364-day revolving credit facility— %— %May 2023— — 
Senior Notes, Series B4.26 %4.26 %August 2028150,000 150,000 
Senior Notes, Series C4.60 %4.60 %August 2033175,000 175,000 
Receivables Securitization Facility (1)
6.23 %6.25 %November 2025499,604 499,542 
Senior Notes (1)
4.20 %4.20 %April 2028596,172 595,945 
Total debt1,700,776 1,580,487 
Less: Current maturities and short-term borrowing(280,000)(160,000)
Long-term debt$1,420,776 $1,420,487 
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(1) Net of unamortized discounts and issuance costs.