LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Long-term Debt

Long-term debt at December 31 was as follows:

	2020		2019
	(Dollars in thousands)
Bank debt:
Bank revolving loans	$	—	$	—
U.S. term loans	900,000		760,000
Canadian term loans	—		4,703
Other foreign bank revolving and term loans	30,407		31,127
Total bank debt	930,407		795,830
4¾% Senior Notes	300,000		300,000
3¼% Senior Notes	795,307		729,755
4⅛% Senior Notes	600,000		400,000
2¼% Senior Notes	611,775		—
Finance leases	34,480		33,288
Total debt - principal	3,271,969		2,258,873
Less unamortized debt issuance costs and debt discount	20,716		14,452
Total debt	3,251,253		2,244,421
Less current portion	28,036		29,813
	$	3,223,217	$	2,214,608

Aggregate Annual Maturities of Debt

The aggregate annual maturities of our debt (non-U.S. dollar debt has been translated into U.S. dollars at exchange rates in effect at the balance sheet date), excluding finance leases, are as follows (dollars in thousands):

2021	$	26,116
2022	743
2023	654
2024	400,620
2025	1,095,927
Thereafter	1,713,429
	$	3,237,489