XML 69 R56.htm IDEA: XBRL DOCUMENT
v3.22.4

Indebtedness (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Debt | Indebtedness consisted of the following as of December 31, 2022 (the difference between the face value and the carrying value is unamortized discount and debt issuance costs):
|  |  |  |  | Carrying Value
(In thousands) | Interest Rate |  | Face Value |  | 2022 |  | 2021
Senior notes and other debt due on: |  |  |  |  |  |  |
January 1, 2022 (1) | 8.700% |  | $ | — |  |  | $ | — |  |  | $ | 76,503 |
March 15, 2022 (1) | 4.625% |  | — |  |  | — |  |  | 349,923 |
February 15, 2037 | 6.250% |  | 250,000 |  |  | 248,446 |  |  | 248,336 |
August 1, 2044 | 4.750% |  | 350,000 |  |  | 346,020 |  |  | 345,836 |
May 12, 2050 | 4.000% |  | 470,000 |  |  | 490,721 |  |  | 491,478 |
March 30, 2052 | 3.550% |  | 400,000 |  |  | 394,213 |  |  | 394,015 |
September 30, 2061 | 3.150% |  | 350,000 |  |  | 342,945 |  |  | 342,761 |
Subsidiary debt and other (2) | Various |  | 6,478 |  |  | 6,478 |  |  | 10,564 |
Total senior notes and other debt |  |  | $ | 1,826,478 |  |  | $ | 1,828,823 |  |  | $ | 2,259,416 |
Subordinated debentures due on: |  |  |  |  |  |  |
March 30, 2058 | 5.700% |  | $ | 185,000 |  |  | $ | 179,328 |  |  | $ | 179,166 |
December 30, 2059 | 5.100% |  | 300,000 |  |  | 291,179 |  |  | 290,941 |
September 30, 2060 | 4.250% |  | 250,000 |  |  | 244,523 |  |  | 244,378 |
March 30, 2061 | 4.125% |  | 300,000 |  |  | 293,341 |  |  | 293,167 |
Total subordinated debentures |  |  | $ | 1,035,000 |  |  | $ | 1,008,371 |  |  | $ | 1,007,652 |
________________ (1) In the first quarter of 2022, the Company repaid at maturity its $77 million aggregate principal amount of 8.7% senior notes in January and its $350 million aggregate principal amount of 4.625% senior notes in March. (2) Subsidiary debt is due as follows: $5 million in 2024 and $2 million in 2025, partially offset by the unamortized cost of $0.8 million due to entering into the $300 million senior unsecured revolving credit facility.

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration