XML 78 R34.htm IDEA: XBRL DOCUMENT v3.20.1
Long-term Debt (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
The Company's long-term debt consists of the following:
(In thousands)March 31, 2020December 31, 2019
Senior Secured Credit Facility: (a)
Term Loan A Facility$721,875  $731,250  
Senior Notes:
4.75% Notes due August 2025
800,000  800,000  
5.00% Notes due April 2024
1,000,000  1,000,000  
4.75% Notes due December 2022
400,000  600,000  
Other debt (b)
5,000  —  
Total long-term debt2,926,875  3,131,250  
Unamortized discount(22,058) (24,351) 
Unamortized deferred financing costs(9,722) (10,670) 
Long-term debt, net2,895,095  3,096,229  
Current portion of long-term debt70,625  56,250  
Noncurrent portion of long-term debt$2,824,470  $3,039,979  
(a)The Company's $500 million revolving credit facility remains undrawn at March 31, 2020. Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company.
(b)A majority owned subsidiary of the Company has credit facilities totaling $7.0 million, which bear interest at the greater of 3.5% or the prime rate and mature on August 25, 2020. As of March 31, 2020, there was $5.0 million of outstanding borrowings on the credit facilities.