| Long-Term Debt |
Long-term debt consisted of the following at December 31, 2025 and 2024 (in thousands): | | | | | | | | | | | | | December 31, | | 2025 | | 2024 | 1.125% notes due 2025 | $ | — | | | $ | 393,346 | | 1.625% notes due 2028 | 588,600 | | | 521,500 | | | | | | 3.45% Senior notes due 2029 | 171,612 | | | 171,612 | | | | | | 4.65% Senior notes due 2027 | 650,000 | | | 650,000 | | 5.05% Senior notes due 2032 | 600,000 | | | 600,000 | | 5.45% Senior notes due 2044 | 350,000 | | | 350,000 | | 5.65% Senior notes due 2052 | 450,000 | | | 450,000 | | | | | | | | | | | | | | | Interest-free loan | 300,000 | | | 300,000 | | | | | | | Variable-rate foreign bank loans | 17,892 | | | 27,477 | | | | | | | Finance lease obligations | 106,796 | | | 118,796 | | | Other | 20,500 | | | 22,000 | | | Unamortized discount and debt issuance costs | (61,859) | | | (88,566) | | | Total long-term debt | 3,193,541 | | | 3,516,165 | | | Less amounts due within one year | 74,077 | | | 398,023 | | | Long-term debt, less current portion | $ | 3,119,464 | | | $ | 3,118,142 | |
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