Long-term Debt (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

The Company's long-term debt consists of the following:

(In thousands)	September 30, 2021		December 31, 2020
Senior Secured Credit Facility: (a)
Term Loan A Facility	$	675,000	$	675,000
Senior Notes:
4.75% Notes due December 2022	—		400,000
5.00% Notes due April 2024	400,000		1,000,000
4.75% Notes due August 2025	800,000		800,000
4.25% Notes due February 2029	1,000,000		—
Other debt (b)	1,500		—
Total long-term debt	2,876,500		2,875,000
Unamortized discount	(24,249)		(18,337)
Unamortized deferred financing costs	(14,189)		(7,356)
Long-term debt, net	2,838,062		2,849,307
Current portion of long-term debt	26,813		75,000
Noncurrent portion of long-term debt	$	2,811,249	$	2,774,307

(a)The Company's $500 million revolving credit facility remains undrawn at September 30, 2021. 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 $4.5 million, which bear interest at the greater of 3.5% or the prime rate plus 1% and mature on July 21, 2022. As of September 30, 2021, there was $1.5 million of outstanding borrowings under the credit facilities.