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Debt
 9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Debt  DEBT
Debt consisted of the following:
(DOLLARS IN THOUSANDS)
Effective Interest Rate

September 30, 2019

December 31, 2018
2020 Notes(1)
3.69
%

$
299,167


$
298,499

2021 Euro Notes(1)
0.82
%

325,993


337,704

2023 Notes(1)
3.30
%

298,928


298,698

2024 Euro Notes(1)
1.88
%

544,389


564,034

2026 Euro Notes(1)
1.93
%

868,289


899,886

2028 Notes(1)
4.57
%

396,611


396,377

2047 Notes(1)
4.44
%

493,466


493,151

2048 Notes(1)
5.12
%

785,943


785,788

Term Loan(1)
3.65
%

282,493


349,163

Amortizing Notes(1)
6.09
%

93,106


125,007

Bank overdrafts and other


4,515


4,695

Deferred realized gains on interest rate swaps


57


57

Total debt


4,392,957


4,553,059

Less: Short-term borrowings(2)


(384,823
)

(48,642
)
Total Long-term debt


$
4,008,134


$
4,504,417


_______________________ 
(1)
Amount is net of unamortized discount and debt issuance costs.
(2)
Includes bank borrowings, overdrafts and current portion of long-term debt.
Term Loan Repayments
During the third quarter of 2019, the Company made a payment of $42 million on the Term Loan.