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Notes and Contracts Payable (Narrative) (Detail) - USD ($) $ in Millions | 1 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Aug. 31, 2021 | Apr. 30, 2019 | Dec. 31, 2021 | Dec. 31, 2020
Debt Instrument [Line Items] |  |  |  |
Line Of Credit Facility Maximum Increase In Revolving Credit Expansion Option |  | $ 350 |  |
Long-term Line of Credit |  |  | $ 0 |
Revolving loans, interest rate description |  |  | At the Company’s election, borrowings of revolving loans under the credit agreement bear interest at (a) the Alternate Base Rate plus the applicable spread or (b) until LIBOR is discontinued, the Adjusted LIBOR rate plus the applicable spread (in each case as defined in the credit agreement). The Company may select interest periods of one, two, three or six months or (if agreed to by all lenders) such other number of months for Eurodollar borrowings of loans. The applicable spread varies depending upon the debt rating assigned by Moody’s Investor Service, Inc., Standard & Poor’s Rating Services and/or Fitch Ratings Inc. The minimum applicable spread for Alternate Base Rate borrowings is 0.25% and the maximum is 1.00%. The minimum applicable spread for Adjusted LIBOR rate borrowings is 1.25% and the maximum is 2.00%. The rate of interest on any term loans incurred in connection with the expansion option will be established at or about the time such loans are made and may differ from the rate of interest on revolving loans. |
Line of Credit Facility, Covenant Compliance |  |  | The credit agreement includes representations and warranties, reporting covenants, affirmative covenants, negative covenants, financial covenants and events of default customary for financings of this type. Upon the occurrence of an event of default the lenders may accelerate the loans. Upon the occurrence of certain insolvency and bankruptcy events of default the loans will automatically accelerate. As of December 31, 2021, the Company was in compliance with the financial covenants under the credit agreement. |
Base Rate | Minimum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 0.25% |
Base Rate | Maximum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 1.00% |
London Interbank Offered Rate (LIBOR) | Minimum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 1.25% |
London Interbank Offered Rate (LIBOR) | Maximum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 2.00% |
Unsecured Debt | JPMorgan Chase Bank, N.A |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | $ 700 |  |
Line of Credit Facility, Expiration Date |  | Apr. 30, 2024 |  |
2.40% unsecured notes |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Senior unsecured notes | $ 650 |  | $ 650 | $ 0
Fixed interest rate | 2.40% |  |  |
Senior unsecured notes maturity date | Aug. 15, 2031 |  |  |
Interest due, periodic | semi-annually |  |  |
Due date of interest to be paid semi-annually, beginning | Feb. 15, 2022 |  |  |

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