DEBT

Long-term debt consisted of the following at December 31:



In thousands
	2014		2013
Obligations under capital leases	$	9,185	$	7,343
$1.2 billion senior credit facility weighted average rate 1.50%, due in 2019	459,975		272,358
$100 million private placement notes 5.64%, due in 2015	100,000		100,000
$175 million private placement notes 3.89%, due in 2017	175,000		175,000
$125 million private placement notes 2.68%, due in 2019	125,000		125,000
$225 million private placement notes 4.47%, due in 2020	225,000		225,000
$125 million private placement notes 3.26%, due in 2022	125,000		125,000
Promissory notes and deferred consideration weighted average rate of 4.07% and weighted average maturity of 3.5 years	279,590		252,195
Foreign bank debt weighted average rate 9.48% and weighted average maturity of 1.8 years	160,465		149,147
Total debt	1,659,215		1,431,043
Less: current portion of total debt	131,969		150,380
Long-term portion of total debt	$	1,527,246	$	1,280,663

Payments due on long-term debt, excluding capital lease obligations, during each of the five years subsequent to December 31, 2014 are as follows:



In thousands
2015	$	128,339
2016	253,245
2017	263,010
2018	33,907
2019	601,527
Thereafter	370,002
	$	1,650,030

We paid interest of $57.8 million, $51.0 million, and $47.5 million for the years ended December 31, 2014, 2013 and 2012, respectively.

Property under capital leases included with property, plant and equipment in the accompanying consolidated balance sheets is as follows at December 31:



In thousands
	2014			2013
Land	$	174		$	198
Buildings	896			550
Machinery and equipment	1,230			2,262
Vehicles	13,108			10,530
Less: accumulated depreciation	(5,375		)	(3,905		)
	$	10,033		$	9,635

Amortization related to these capital leases is included with depreciation expense.

Minimum future lease payments under capital leases are as follows:



In thousands
2015	$	4,788
2016	3,379
2017	2,664
2018	90
2019	62
Thereafter	453
Total minimum lease payments	11,436
Less: amounts representing interest	(2,251		)
Present value of net minimum lease payments	9,185
Less: current portion included in other current liabilities	(3,630		)
Long-term obligations under capital leases	$	5,555

Our $1.2 billion senior credit facility maturing in June 2019, our $100.0 million private placement notes maturing April 2015, our $175.0 million private placement notes maturing in October 2017, our $125.0 million private placement notes maturing in December 2019, our $225.0 million private placement notes maturing in October 2020, and our $125.0 million private placement notes maturing in December 2022, all require us to comply with various financial, reporting and other covenants and restrictions, including a restriction on dividend payments. The financial debt covenants are the same for the senior credit facility and the private placement notes. At December 31, 2014, we were in compliance with all of our financial debt covenants.

On June 3, 2014, we and certain of our subsidiaries entered into a second amended and restated credit agreement (the "new credit agreement") with Bank of America, N.A., as administrative agent, swingline lender, a lender and a letter of credit issuer, other lenders party to the new credit agreement, JPMorgan Chase Bank, N.A. and HSBC Bank USA, National Association, as syndication agents, and Union Bank, N.A. and Santander Bank, National Association, as co-documentation agents. The new credit agreement amended and restated our prior amended and restated credit agreement dated as of September 21, 2011. The new credit agreement increases our unsecured revolving credit facility from $1.0 billion to $1.2 billion and extends the maturity date of our borrowings from September 21, 2016 to June 3, 2019. We paid $2.1 million in financing fees which will be amortized to interest expense over the life of the new credit agreement.

At December 31, 2014 and 2013, we had $162.9 million and $155.0 million, respectively, committed to outstanding letters of credit under our senior credit facility. The unused portion of the revolving credit facility was $577.1 million and $572.6 million at December 31, 2014 and 2013, respectively.

Our $100.0 million private placement notes that mature in April 2015 were classified as long-term debt due to our intent to pay this obligation by borrowing on our $1.2 billion senior credit facility.