Debt

The Company’s debt instruments consist primarily of term notes, revolving lines of credit and a Securitization Facility as follows (in thousands):



	March 31, 2016		December 31, 2015
Term note payable—domestic(a), net of discounts	$	2,132,111	$	2,157,376
Revolving line of credit A Facility—domestic(a)	90,000		160,000
Revolving line of credit A Facility—foreign(a)	—		—
Other debt(c)	1,922		3,624
Total notes payable and other obligations	2,224,033		2,321,000
Securitization Facility(b)	551,000		614,000
Total notes payable, credit agreements and Securitization Facility	$	2,775,033	$	2,935,000
Current portion	$	742,128	$	875,100
Long-term portion	2,032,905		2,059,900
Total notes payable, credit agreements and Securitization Facility	$	2,775,033	$	2,935,000

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(a)

On October 24, 2014, the Company entered into a $3.355 billion Credit Agreement, which provides for senior secured credit facilities consisting of (a) a revolving A credit facility in the amount of $1.0 billion, with sublimits for letters of credit, swing line loans and multi-currency borrowings, (b) a revolving B facility in the amount of $35 million for loans in Australian Dollars or New Zealand Dollars, (c) a term loan A facility in the amount of $2.02 billion and (d) a term loan B facility in the amount of $300 million. The Credit Agreement also contains an accordion feature for borrowing an additional $500 million in term A or revolver A and term B. The stated maturity dates for the term loan A, revolving loans, and letters of credit under the New Credit Agreement is November 14, 2019 and November 14, 2021 for the term loan B. The Company has unamortized debt discounts of $5.4 million related to the term A facility and $1.1 million related to the term B facility at March 31, 2016.

(b)

The Company is party to a $950 million receivables purchase agreement ("Securitization Facility") that was amended and restated on December 1, 2015. There is a program fee equal to one month LIBOR and the Commercial Paper Rate of 0.48% plus 0.90% and 0.43% plus 0.90% as of March 31, 2016 and December 31, 2015, respectively. The unused facility fee is payable at a rate of 0.40% per annum as of March 31, 2016 and December 31, 2015.


(c)	Other debt includes the long-term portion of contingent consideration and deferred payments associated with certain of our businesses.

The Company was in compliance with all financial and non-financial covenants at March 31, 2016.