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DEBT (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Long-Term Debt

Long-term debt consisted of the following:

 

In thousands

 

 

 

March 31, 2016

 

 

December 31, 2015

 

Obligations under capital leases

 

$

14,308

 

 

$

15,024

 

$1.20 billion senior credit facility weighted average rate 1.87%, due in 2019

 

 

455,911

 

 

 

353,763

 

$1.08 billion term loan weighted average rate 1.81%, due in 2020

 

 

1,079,000

 

 

 

1,250,000

 

$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

 

$150 million private placement notes 2.89%, due in 2021

 

 

150,000

 

 

 

150,000

 

$125 million private placement notes 3.26%, due in 2022

 

 

125,000

 

 

 

125,000

 

$200 million private placement notes 2.72%, due in 2022

 

 

200,000

 

 

 

200,000

 

$100 million private placement notes 2.79%, due in 2023

 

 

100,000

 

 

 

100,000

 

$150 million private placement notes 3.18%, due in 2023

 

 

150,000

 

 

 

150,000

 

Promissory notes and deferred consideration weighted average rate of 2.35% and weighted average maturity of 3.1 years

 

 

246,442

 

 

 

239,731

 

Foreign bank debt weighted average rate 7.40% and weighted average maturity of 2.0 years

 

 

106,488

 

 

 

105,530

 

Total debt

 

 

3,152,149

 

 

 

3,214,048

 

Less: current portion of total debt

 

 

114,066

 

 

 

161,409

 

Long-term portion of total debt

 

$

3,038,083

 

 

$

3,052,639