Note 5. Long-Term Debt

Long-term debt consisted of the following:



	March 31, 2014		March 31, 2013		Dec. 31, 2013
	(Dollars in thousands)
Bank debt
Bank revolving loans	$	182,358	$	424,841	$	—
U.S. term loans	365,000		364,000		364,000
Canadian term loans	62,734		67,755		64,485
Euro term loans	304,194		300,535		323,704
Other foreign bank revolving and term loans	145,523		126,518		151,647
Total bank debt	1,059,809		1,283,649		903,836
5½% Senior Notes	300,000		—		300,000
5% Senior Notes	500,000		500,000		500,000
Total debt	1,859,809		1,783,649		1,703,836
Less current portion	302,087		526,059		146,174
	$	1,557,722	$	1,257,590	$	1,557,662

At March 31, 2014, amounts expected to be repaid within one year consisted of $182.4 million of bank revolving loans under our senior secured credit facility and $119.7 million of foreign bank revolving and term loans.

Credit Agreement

On January 14, 2014, we completed the refinancing of our previous senior secured credit facility, or our 2011 Credit Facility, by entering into a new senior secured credit facility, or the Credit Agreement. All amounts owed under our 2011 Credit Facility were repaid on January 14, 2014 with proceeds from the Credit Agreement, and our 2011 Credit Facility was simultaneously terminated. As a result of the refinancing of our 2011 Credit Facility, we recorded a pre-tax charge for the loss on early extinguishment of debt of $1.5 million during the first quarter of 2014.