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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Carrying Amounts, Estimated Fair Values and Valuation Input Levels of the Company's Available-for-Sale Securities, Foreign Currency Contracts and Debt Instruments

The carrying amounts, estimated fair values and valuation input levels of the Company’s foreign currency contracts and debt instruments as of March 31, 2018 and December 31, 2017, are as follows:

 

 

 

March 31, 2018

 

 

December 31, 2017

 

 

 

 

 

Carrying

Amount

 

 

Fair Value

 

 

Carrying

Amount

 

 

Fair Value

 

 

Valuation

Inputs

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

$

11,008

 

 

$

11,008

 

 

$

9,050

 

 

$

9,050

 

 

Level 2

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.00% senior notes due 2027

 

 

750,000

 

 

 

714,375

 

 

 

750,000

 

 

 

753,750

 

 

Level 2

6.00% senior notes due 2025

 

 

1,500,000

 

 

 

1,557,600

 

 

 

1,500,000

 

 

 

1,591,800

 

 

Level 2

5.50% senior notes due 2024

 

 

650,000

 

 

 

663,000

 

 

 

650,000

 

 

 

676,780

 

 

Level 2

5.00% senior notes due 2021

 

 

650,000

 

 

 

658,125

 

 

 

650,000

 

 

 

661,375

 

 

Level 2

Senior secured term loan due 2022, at par

 

 

886,250

 

 

 

890,127

 

 

 

886,250

 

 

 

892,343

 

 

Level 2

Foreign currency contracts

 

 

1,696

 

 

 

1,696

 

 

 

977

 

 

 

977

 

 

Level 2