Long-Term Debt and Other Borrowing Arrangements (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Carrying Values of Long-Term Debt and Other Borrowing Arrangements

The carrying values of our long-term debt and other borrowing arrangements were as follows:

	December 31,
	2021		2020
	(In thousands)
Revolving credit agreement due 2026	$	—	$	—
Senior subordinated notes:
2.875% Senior subordinated notes due 2025	—		367,110
4.125% Senior subordinated notes due 2026	227,240		244,740
3.375% Senior subordinated notes due 2027	511,290		550,665
3.875% Senior subordinated notes due 2028	397,670		428,295
3.375% Senior subordinated notes due 2031	340,860		—
Total senior subordinated notes	1,477,060		1,590,810
Less unamortized debt issuance costs	(17,069)		(17,084)
Long-term debt	$	1,459,991	$	1,573,726

Schedule of Senior Subordinated Notes

The senior subordinated notes due 2026, 2027, 2028, and 2031 are redeemable after October 15, 2021, July 15, 2022, March 15, 2023, and July 15, 2026 respectively, at the following redemption prices as a percentage of the face amount of the notes: 

Senior Subordinated Notes due
2026			2027			2028			2031
Year	Percentage		Year	Percentage		Year	Percentage		Year	Percentage
2021	102.063	%	2022	101.688	%	2023	101.938	%	2026	101.688	%
2022	101.375	%	2023	101.125	%	2024	101.292	%	2027	100.844	%
2023	100.688	%	2024	100.563	%	2025	100.646	%	2028	100.422	%
2024 and thereafter	100.000	%	2025 and thereafter	100.000	%	2026 and thereafter	100.000	%	2029 and thereafter	100.000	%

Maturities on Outstanding Long-Term Debt and Other Borrowings

Maturities on outstanding long-term debt and other borrowings during each of the five years subsequent to December 31, 2021 are as follows (in thousands):

2022	$	—
2023	—
2024	—
2025	—
2026	227,240
Thereafter	1,249,820
	$	1,477,060