Short-Term Borrowings and Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Outstanding Short Term Borrowings and Long Term Debt

The following table represents outstanding short-term borrowings and long-term debt at March 31, 2021 and December 31, 2020:

				Carrying Value
(Dollars in thousands)	Maturity	Principal value at March 31, 2021		March 31, 2021		December 31, 2020
Short-term borrowings:
Other short-term borrowings	(1)	$	38,434	$	38,434	$	20,553
Total short-term borrowings				$	38,434	$	20,553
Long-term debt:
3.50% Senior Notes	January 29, 2025	$	350,000	$	348,441	$	348,348
3.125% Senior Notes	June 5, 2030	500,000		495,387		495,280
1.800% Senior Notes	February 2, 2031	500,000		494,355		—
Total long-term debt				$	1,338,183	$	843,628

(1)Represents cash collateral received from certain counterparties in relation to market value exposures of derivative contracts in our favor.