v3.25.2
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
Total
Common Stock
Capital in Excess of Par Value
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Balances at Dec. 31, 2023 $ 4,157,457,000 $ 1,826,000 $ 4,971,625,000 $ (805,883,000) $ (10,111,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net earnings 201,037,000     201,037,000  
Dividends declared and paid:          
Common stock dividends declared and paid (204,537,000)     (205,843,000)  
Common stock dividends declared and paid     (1,306,000)    
Issuance of common stock:          
Director compensation 639,000   639,000    
Stock purchase plan 83,000   83,000    
ATM equity program 33,727,000 8,000 33,719,000    
Restricted shares, net of forfeitures 0 4,000 (4,000)    
Stock issuance costs (310,000)   (310,000)    
Amortization of deferred compensation 5,584,000   5,584,000    
Amortization of interest rate hedges 1,242,000       1,242,000
Fair value of forward starting swap 0        
Balances at Jun. 30, 2024 4,194,922,000 1,838,000 5,012,642,000 (810,689,000) (8,869,000)
Balances at Mar. 31, 2024 4,174,858,000 1,835,000 4,996,698,000 (814,196,000) (9,479,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net earnings 106,666,000     106,666,000  
Dividends declared and paid:          
Common stock dividends declared and paid (102,589,000)     (103,159,000)  
Common stock dividends declared and paid     (570,000)    
Issuance of common stock:          
Director compensation 319,000   319,000    
Stock purchase plan 51,000   51,000    
ATM equity program 12,802,000 3,000 12,799,000    
Stock issuance costs (132,000)   (132,000)    
Amortization of deferred compensation 2,337,000   2,337,000    
Amortization of interest rate hedges 610,000       610,000
Fair value of forward starting swap 0        
Balances at Jun. 30, 2024 4,194,922,000 1,838,000 5,012,642,000 (810,689,000) (8,869,000)
Balances at Dec. 31, 2024 4,362,275,000 1,877,000 5,197,644,000 (829,287,000) (7,959,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net earnings 196,987,000     196,987,000  
Dividends declared and paid:          
Common stock dividends declared and paid (215,658,000)     (216,901,000)  
Common stock dividends declared and paid   (1,000) (1,242,000)    
Issuance of common stock:          
Director compensation 535,000   535,000    
Stock purchase plan 120,000   120,000    
ATM equity program 10,230,000 2,000 10,228,000    
Restricted shares, net of forfeitures 0 4,000 (4,000)    
Stock issuance costs (252,000)   (252,000)    
Amortization of deferred compensation 7,648,000   7,648,000    
Amortization of interest rate hedges 929,000       929,000
Fair value of forward starting swap (409,000)       (409,000)
Balances at Jun. 30, 2025 4,362,405,000 1,884,000 5,217,161,000 (849,201,000) (7,439,000)
Balances at Mar. 31, 2025 4,356,487,000 1,881,000 5,203,561,000 (841,164,000) (7,791,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net earnings 100,529,000     100,529,000  
Dividends declared and paid:          
Common stock dividends declared and paid (107,928,000)     (108,566,000)  
Common stock dividends declared and paid   (1,000) (637,000)    
Issuance of common stock:          
Director compensation 268,000   268,000    
Stock purchase plan 69,000   69,000    
ATM equity program 10,230,000 2,000 10,228,000    
Stock issuance costs (167,000)   (167,000)    
Amortization of deferred compensation 2,565,000   2,565,000    
Amortization of interest rate hedges 469,000       469,000
Fair value of forward starting swap (117,000)       (117,000)
Balances at Jun. 30, 2025 $ 4,362,405,000 $ 1,884,000 $ 5,217,161,000 $ (849,201,000) $ (7,439,000)