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Indebtedness (Tables)
9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Debt Outstanding

We had the following debt outstanding as of the dates shown below (bank debt interest rate at September 30, 2021 is shown parenthetically). No interest was capitalized during the nine months ended September 30, 2021 or the year ended December 31, 2020 (in thousands).

 

 

September 30,
2021

 

 

December 31,
2020

 

Bank debt (2.4%)

 

$

30,000

 

 

$

702,000

 

Senior notes:

 

 

 

 

 

 

4.875% senior notes due 2025

 

 

750,000

 

 

 

750,000

 

5.00% senior notes due 2022

 

 

169,589

 

 

 

169,589

 

5.00% senior notes due 2023

 

 

532,335

 

 

 

532,335

 

5.75% senior notes due 2021

 

 

 

 

 

25,496

 

5.875% senior notes due 2022

 

 

48,528

 

 

 

48,528

 

8.25% senior notes due 2029

 

 

600,000

 

 

 

 

9.25% senior notes due 2026

 

 

850,000

 

 

 

850,000

 

Other senior notes due 2022

 

 

 

 

 

490

 

Total senior notes

 

 

2,950,452

 

 

 

2,376,438

 

Senior subordinated notes:

 

 

 

 

 

 

5.00% senior subordinated notes due 2022

 

 

 

 

 

9,730

 

5.00% senior subordinated notes due 2023

 

 

 

 

 

7,712

 

5.75% senior subordinated notes due 2021

 

 

 

 

 

19,896

 

Total senior subordinated notes

 

 

 

 

 

37,338

 

Total debt

 

 

2,980,452

 

 

 

3,115,776

 

Unamortized premium

 

 

254

 

 

 

457

 

Unamortized debt issuance costs

 

 

(32,326

)

 

 

(30,625

)

Total debt net of debt issuance costs

 

 

2,948,380

 

 

 

3,085,608

 

Less current maturities of long-term debt

 

 

(217,909

)

 

 

(45,356

)

Total long-term debt

 

$

2,730,471

 

 

$

3,040,252

 

Early Redemption of Senior and Senior Subordinated Notes

In first quarter 2021, based on the terms of the indentures governing certain of our senior and senior subordinated notes, we notified the trustee that we were electing to redeem the outstanding principal amounts of the following notes (in thousands):

 

 

 

Outstanding
Principal
Amount

 

5.75% senior notes due 2021

 

$

25,496

 

5.875% senior notes due 2022

 

$

490

 

5.75% senior subordinated notes 2021

 

$

19,896

 

5.00% senior subordinated notes 2022

 

$

9,730

 

5.00% senior subordinated notes 2023

 

$

7,712