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DEBT (Table) | 12 Months Ended
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Dec. 31, 2024
Debt Instruments [Abstract] |
Summary of Debt | Debt consists of the following as of December 31:
(In thousands) |  | 2024 |  | 2024 |  | 2023 |  | 2023
|  | Carrying Value |  | Estimated Fair Value |  | Carrying Value |  | Estimated Fair Value
3.85% Senior notes due 2025 |  | $ | 90,000 |  |  | $ | 89,876 |  |  | $ | 90,000 |  |  | $ | 88,243 |
4.24% Senior notes due 2026 |  | 200,000 |  |  | 196,059 |  |  | 200,000 |  |  | 195,556 |
4.05% Senior notes due 2028 |  | 67,500 |  |  | 64,733 |  |  | 67,500 |  |  | 64,801 |
4.11% Senior notes due 2028 |  | 90,000 |  |  | 85,784 |  |  | 90,000 |  |  | 85,999 |
3.10% Senior notes due 2030 |  | 150,000 |  |  | 131,386 |  |  | 150,000 |  |  | 131,942 |
3.20% Senior notes due 2032 |  | 150,000 |  |  | 125,426 |  |  | 150,000 |  |  | 127,649 |
4.49% Senior notes due 2032 |  | 200,000 |  |  | 182,451 |  |  | 200,000 |  |  | 187,584 |
4.64% Senior notes due 2034 |  | 100,000 |  |  | 89,538 |  |  | 100,000 |  |  | 92,961 |
Total debt |  | 1,047,500 |  |  | 965,253 |  |  | 1,047,500 |  |  | 974,735 |
Debt issuance costs, net |  | (1,326) |  |  | (1,326) |  |  | (1,541) |  |  | (1,541) |
Unamortized interest rate swap proceeds (1) |  | 2,775 |  |  | 2,775 |  |  | 4,403 |  |  | 4,403 |
Total debt, net |  | 1,048,949 |  |  | 966,702 |  |  | 1,050,362 |  |  | 977,597 |
Less: current portion of long-term debt |  | (90,000) |  |  | (89,876) |  |  | — |  |  | — |
Total long-term debt |  | $ | 958,949 |  |  | $ | 876,826 |  |  | $ | 1,050,362 |  |  | $ | 977,597 |
(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) |
2025 | $ | 90,000 |
2026 | 200,000 |
2027 | — |
2028 | 157,500 |
2029 | — |
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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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-1 + Details
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