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DEBT (Table) | 12 Months Ended
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Dec. 31, 2023
Debt Instruments [Abstract] |
Summary of Debt | Debt consists of the following as of December 31:
(In thousands) |  | 2023 |  | 2023 |  | 2022 |  | 2022
|  | Carrying Value |  | Estimated Fair Value |  | Carrying Value |  | Estimated Fair Value
3.70% Senior notes due 2023 |  | $ | — |  |  | $ | — |  |  | $ | 202,500 |  |  | $ | 202,082 |
3.85% Senior notes due 2025 |  | 90,000 |  |  | 88,243 |  |  | 90,000 |  |  | 87,298 |
4.24% Senior notes due 2026 |  | 200,000 |  |  | 195,556 |  |  | 200,000 |  |  | 191,760 |
4.05% Senior notes due 2028 |  | 67,500 |  |  | 64,801 |  |  | 67,500 |  |  | 63,300 |
4.11% Senior notes due 2028 |  | 90,000 |  |  | 85,999 |  |  | 90,000 |  |  | 83,955 |
3.10% Senior notes due 2030 |  | 150,000 |  |  | 131,942 |  |  | 150,000 |  |  | 127,429 |
3.20% Senior notes due 2032 |  | 150,000 |  |  | 127,649 |  |  | 150,000 |  |  | 123,656 |
4.49% Senior notes due 2032 |  | 200,000 |  |  | 187,584 |  |  | 200,000 |  |  | 183,007 |
4.64% Senior notes due 2034 |  | 100,000 |  |  | 92,961 |  |  | 100,000 |  |  | 90,341 |
Total debt |  | 1,047,500 |  |  | 974,735 |  |  | 1,250,000 |  |  | 1,152,828 |
Debt issuance costs, net |  | (1,541) |  |  | (1,541) |  |  | (1,631) |  |  | (1,631) |
Unamortized interest rate swap proceeds (1) |  | 4,403 |  |  | 4,403 |  |  | 6,031 |  |  | 6,031 |
Total debt, net |  | 1,050,362 |  |  | 977,597 |  |  | 1,254,400 |  |  | 1,157,228 |
Less: current portion of long-term debt |  | — |  |  | — |  |  | 202,500 |  |  | 202,082 |
Total long-term debt |  | $ | 1,050,362 |  |  | $ | 977,597 |  |  | $ | 1,051,900 |  |  | $ | 955,146 |
(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) |
2024 | $ | — |
2025 | 90,000 |
2026 | 200,000 |
2027 | — |
2028 | 157,500 |
Thereafter | 600,000 |
Total | $ | 1,047,500 |

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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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