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v3.22.4

DEBT (Table) | 12 Months Ended
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Dec. 31, 2022
Debt Instruments [Abstract] |
Summary of Debt | Debt consists of the following as of December 31:
(In thousands) |  | 2022 |  | 2022 |  | 2021 |  | 2021
|  | Carrying Value |  | Estimated Fair Value |  | Carrying Value |  | Estimated Fair Value
Revolving credit agreement, due 2027 |  | $ | — |  |  | $ | — |  |  | $ | 93,900 |  |  | $ | 93,900 |
3.70% Senior notes due 2023 |  | 202,500 |  |  | 202,082 |  |  | 202,500 |  |  | 208,086 |
3.85% Senior notes due 2025 |  | 90,000 |  |  | 87,298 |  |  | 90,000 |  |  | 95,246 |
4.24% Senior notes due 2026 |  | 200,000 |  |  | 191,760 |  |  | 200,000 |  |  | 218,421 |
4.05% Senior notes due 2028 |  | 67,500 |  |  | 63,300 |  |  | 67,500 |  |  | 73,783 |
4.11% Senior notes due 2028 |  | 90,000 |  |  | 83,955 |  |  | 90,000 |  |  | 98,854 |
3.10% Senior notes due 2030 |  | 150,000 |  |  | 127,429 |  |  | 150,000 |  |  | 154,832 |
3.20% Senior notes due 2032 |  | 150,000 |  |  | 123,656 |  |  | 150,000 |  |  | 154,875 |
4.49% Senior notes due 2032 |  | 200,000 |  |  | 183,007 |  |  | — |  |  | — |
4.64% Senior notes due 2034 |  | 100,000 |  |  | 90,341 |  |  | — |  |  | — |
Total debt |  | 1,250,000 |  |  | 1,152,828 |  |  | 1,043,900 |  |  | 1,097,997 |
Debt issuance costs, net |  | (1,631) |  |  | (1,631) |  |  | (949) |  |  | (949) |
Unamortized interest rate swap proceeds (1) |  | 6,031 |  |  | 6,031 |  |  | 7,659 |  |  | 7,659 |
Total debt, net |  | 1,254,400 |  |  | 1,157,228 |  |  | 1,050,610 |  |  | 1,104,707 |
Less: current portion of long-term debt |  | 202,500 |  |  | 202,082 |  |  | — |  |  | — |
Total long-term debt |  | $ | 1,051,900 |  |  | $ | 955,146 |  |  | $ | 1,050,610 |  |  | $ | 1,104,707 |
(1) Represents the gain from termination of the Corporation's interest rate swap agreements on its 3.85% and 4.24% Senior Notes in February 2016, which will be amortized into interest expense over the remaining terms of the respective notes.
Aggregate Maturities of Debt | Aggregate maturities of debt are as follows:
(In thousands) |
2023 | $ | 202,500 |
2024 | — |
2025 | 90,000 |
2026 | 200,000 |
2027 | — |
Thereafter | 757,500 |
Total | $ | 1,250,000 |

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- 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
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