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Borrowings (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Components of Debt
Debt consisted of the following at December 31: 
(DOLLARS IN THOUSANDS)
Effective Interest Rate
 
2017
 
2016
Senior notes - 2007 (1)
6.40% - 6.82%

 
$
249,765

 
$
499,676

Senior notes - 2013 (1)
3.39
%
 
298,670

 
297,986

Euro Senior notes - 2016 (1)
1.99
%
 
589,848

 
512,764

Senior notes - 2017 (1)
4.50
%
 
492,819

 

Bank overdrafts and other


 
7,993

 
13,599

Deferred realized gains on interest rate swaps
 
 
57

 
1,346

 
 
 
$
1,639,152

 
$
1,325,371

Less: Bank borrowings, overdrafts and current portion of long-term debt
 
 
(6,966
)
 
(258,516
)
 
 
 
$
1,632,186

 
$
1,066,855


_______________________ 
(1)
Amount is net of unamortized discount and debt issuance costs.
Schedule of Maturities of Long-term Debt
The following table shows the contractual maturities of our long-term debt as of December 31, 2017.
 
Payments Due by Period
(DOLLARS IN THOUSANDS)
Total
 
Less than 1 Year
 
1-3 Years
 
3-5 Years
 
After 5 Years
Senior notes - 2007
$
250,000

 
$

 
$
100,000

 
$
50,000

 
$
100,000

Senior notes - 2013
300,000

 

 

 

 
300,000

Euro Senior notes - 2016
594,400

 

 

 

 
594,400

Senior notes - 2017
500,000

 

 

 

 
500,000

Total
$
1,644,400

 
$

 
$
100,000

 
$
50,000

 
$
1,494,400