Debt

Debt as of March 31, 2017 and December 31, 2016 was as follows:



	March 31, 2017			December 31, 2016
	(In thousands)
7.625% Senior Notes due October 2018	$	250,000		$	250,000
4.5% Senior Notes due November 2020	200,000			200,000
8.0% Senior Notes due November 2021	150,000			150,000
5.375% Senior Notes due January 2022	425,000			425,000
5.375% Senior Notes due May 2024	850,000			850,000
7.5% Senior Notes due April 2027	200,000			200,000
Term Loan due March 2021	665,000			673,750
Bank Credit Facility due March 2021	385,000			350,000
Obligations under capital leases	183,043			208,758
Mortgage notes and other debt, maturities through 2050	3,722			3,753
Unamortized premiums, net	8,102			8,313
Unamortized debt issuance costs	(31,608		)	(32,984		)
Total debt	3,288,259			3,286,590
Less: Current maturities of long-term debt	(63,606		)	(89,974		)
Total long-term debt	$	3,224,653		$	3,196,616

Current maturities of debt at March 31, 2017 include amounts due under our Term Loan, mortgage notes and other debt, and capital leases within the next year. Our consolidated debt had a weighted average interest rate of 4.75% and 4.68% at March 31, 2017 and December 31, 2016, respectively. Approximately 63% of our total debt had a fixed interest rate at both March 31, 2017 and December 31, 2016.

During the three months ended March 31, 2017 and 2016, we paid $20.0 million and $15.9 million in cash interest, respectively.

Bank Credit Agreement

As of March 31, 2017, we have $385.0 million of outstanding borrowings under our Bank Credit Facility due March 2021; $665.0 million of outstanding borrowings under our Term Loan due March 2021; and have issued $32.7 million of letters of credit. The bank credit agreement due March 2021 provides us with flexibility for working capital, if needed, and is guaranteed by a majority of our domestic subsidiaries. The subsidiary guaranty is a guaranty of payment of the outstanding amount of the total lending commitment, including letters of credit. The bank credit agreement contains certain financial covenants, including a minimum interest coverage ratio, a maximum leverage ratio, and certain dividend and share repurchase restrictions. As of March 31, 2017, we were in compliance with all of our debt covenants. We pay a quarterly fee on the unused commitment, which was 0.30% at March 31, 2017. As of March 31, 2017, we have $282.3 million in borrowing capacity under the Bank Credit Facility.

Debt Issuances and Additions

In January 2017, we drew $25.0 million and in March 2017 we drew $10.0 million on our Bank Credit Facility due March 2021 to make required payments on our Term Loan due March 2021 and for general corporate purposes.

Debt Extinguishments and Reductions

During the three months ended March 31, 2017, we made aggregate principal debt payments of $8.8 million for scheduled payments towards our Term Loan due March 2021.