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DEBT (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Long-Term Debt
Long-term debt consisted of the following at December 31:
In thousands
 
 
2015
 
2014
Obligations under capital leases
 
$
15,024

 
$
9,185

$1.20 billion senior credit facility weighted average rate 1.54%, due in 2019
 
353,763

 
459,975

$1.25 billion term loan weighted average rate 1.71%, due in 2020
 
1,250,000

 

$100 million private placement notes 5.64%, due in 2015
 

 
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

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

 

$100 million private placement notes 2.79%, due in 2023
 
100,000

 

$150 million private placement notes 3.18%, due in 2023
 
150,000

 

Promissory notes and deferred consideration weighted average rate of 2.54% and weighted average maturity of 3.4 years
 
239,731

 
279,590

Foreign bank debt weighted average rate 8.98% and weighted average maturity of 2.1 years
 
105,530

 
160,465

Total debt
 
3,214,048

 
1,659,215

Less: current portion of total debt
 
161,409

 
131,969

Long-term portion of total debt
 
$
3,052,639

 
$
1,527,246

Payments due on Long-Term Debt, Excluding Capital Lease Obligations
Payments due on long-term debt, excluding capital lease obligations, during each of the five years subsequent to December 31, 2015 are as follows:
In thousands
2016
 
$
157,227

2017
 
345,342

2018
 
215,549

2019
 
862,803

2020
 
875,159

Thereafter
 
742,944


 
$
3,199,024

Property under Capital Leases Included with Property, Plant and Equipment
Property under capital leases included with property, plant and equipment in the accompanying consolidated balance sheets is as follows at December 31:
In thousands
 
 
2015
 
2014
Land
 
$
157

 
$
174

Buildings
 
804

 
896

Machinery and equipment
 
6,105

 
1,230

Vehicles
 
15,925

 
13,108

Less: accumulated depreciation
 
(7,148
)
 
(5,375
)
 
 
$
15,843

 
$
10,033

Minimum Future Lease Payments Under Capital Leases
Minimum future lease payments under capital leases are as follows:
In thousands
2016
 
$
4,622

2017
 
5,364

2018
 
2,041

2019
 
2,226

2020
 
1,557

Thereafter
 
419

Total minimum lease payments
 
16,229

Less: amounts representing interest
 
(1,205
)
Present value of net minimum lease payments
 
15,024

Less: current portion included in other current liabilities
 
(4,182
)
Long-term obligations under capital leases
 
$
10,842