v3.26.1
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, 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   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)
Balances at Dec. 31, 2025 4,408,302,000 1,901,000 5,295,434,000 (882,712,000) (6,321,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net earnings 191,875,000     191,875,000  
Dividends declared and paid:          
Common stock dividends declared and paid (225,878,000)     (227,122,000)  
Common stock dividends declared and paid     1,244,000    
Issuance of common stock:          
Director compensation 495,000   495,000    
Stock purchase plan 93,000   93,000    
ATM equity program 74,617,000 17,000 74,600,000    
Restricted shares, net of forfeitures   3,000 (3,000)    
Stock issuance costs (1,338,000)   (1,338,000)    
Amortization of deferred compensation 6,920,000   6,920,000    
Amortization of interest rate hedges 154,000       154,000
Fair value of forward starting swap 5,496,000       (5,496,000)
Balances at Jun. 30, 2026 4,460,736,000 1,921,000 5,377,445,000 (917,959,000) (671,000)
Balances at Mar. 31, 2026 4,395,269,000 1,904,000 5,300,076,000 (902,263,000) (4,448,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net earnings 97,924,000     97,924,000  
Dividends declared and paid:          
Common stock dividends declared and paid (113,024,000)     (113,620,000)  
Common stock dividends declared and paid     596,000    
Issuance of common stock:          
Director compensation 230,000   230,000    
Stock purchase plan 42,000   42,000    
ATM equity program 74,617,000 17,000 74,600,000    
Stock issuance costs (1,238,000)   (1,238,000)    
Amortization of deferred compensation 3,139,000   3,139,000    
Amortization of interest rate hedges 79,000       79,000
Fair value of forward starting swap 3,698,000       (3,698,000)
Balances at Jun. 30, 2026 $ 4,460,736,000 $ 1,921,000 $ 5,377,445,000 $ (917,959,000) $ (671,000)