Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2014

Long-Term Debt [Abstract]

Long Term Debt

Total debt at December 31 consisted of the following (in thousands):

	2014		2013
$1.5 billion revolving credit facility	$	-	$	250,000
2017 Notes		400,000		400,000
2018 Notes		800,000		800,000
2019 Notes		500,000		500,000
2022 Notes		500,000		500,000
Senior Subordinated Convertible Notes		8,003		8,270
Other		6,120		6,582
Total debt		2,214,123		2,464,852
Less current portion		11,092		11,016
Long-term debt	$	2,203,031	$	2,453,836

The 2012 Facility and Roper's $2.2 billion senior notes provide substantially all of Roper's daily external financing requirements. The interest rate on the borrowings under the 2012 Facility is calculated based upon various recognized indices plus a margin as defined in the credit agreement. At December 31, 2014, Roper's debt consisted of $2.2 billion of senior notes and $8 million in senior subordinated convertible notes. In addition, the Company had $6.1 million of other debt in the form of capital leases, several smaller facilities that allow for borrowings or the issuance of letters of credit in foreign locations to support Roper's non-U.S. businesses and $49 million of outstanding letters of credit at December 31, 2014.

Future Maturities of Long Term Debt

Future maturities of total debt during each of the next five years ending December 31 and thereafter were as follows (in thousands):

2015	$	11,092
2016		2,332
2017		400,630
2018		800,066
2019		500,003
Thereafter		500,000
	$	2,214,123