| Long-term Debt |
Long-term debt at March 31, 2026 and December 31, 2025 consisted of the following (in thousands): | | | | | | | | | | | | | March 31, | | December 31, | | 2026 | | 2025 | | | | | 1.625% notes due 2028 | $ | 576,350 | | | $ | 588,600 | | | | | | 3.45% Senior notes due 2029 | 109,240 | | | 171,612 | | | | | | 4.65% Senior notes due 2027 | — | | | 650,000 | | 5.05% Senior notes due 2032 | 415,726 | | | 600,000 | | 5.45% Senior notes due 2044 | 200,966 | | | 350,000 | | 5.65% Senior notes due 2052 | 195,680 | | | 450,000 | | | | | | | | | | | | | | | | | | | Interest-free loan | 300,000 | | | 300,000 | | | Variable-rate foreign bank loans | 17,528 | | | 17,892 | | | | | | | Finance lease obligations | 105,823 | | | 106,796 | | | Other | 10,500 | | | 20,500 | | | Unamortized discount and debt issuance costs | (49,982) | | | (61,859) | | | Total long-term debt | 1,881,831 | | | 3,193,541 | | | Less amounts due within one year | 74,628 | | | 74,077 | | | Long-term debt, less current portion | $ | 1,807,203 | | | $ | 3,119,464 | |
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