Indebtedness

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Indebtedness

Indebtedness

Indebtedness consisted of the following as of December 31, 2022 (the difference between the face value and the carrying value is unamortized discount and debt issuance costs):

				Carrying Value
(In thousands)	Interest Rate	Face Value		2022		2021
Senior notes and other debt due on:
January 1, 2022 (1)	8.700%	$	—	$	—	$	76,503
March 15, 2022 (1)	4.625%	—		—		349,923
February 15, 2037	6.250%	250,000		248,446		248,336
August 1, 2044	4.750%	350,000		346,020		345,836
May 12, 2050	4.000%	470,000		490,721		491,478
March 30, 2052	3.550%	400,000		394,213		394,015
September 30, 2061	3.150%	350,000		342,945		342,761
Subsidiary debt and other (2)	Various	6,478		6,478		10,564
Total senior notes and other debt		$	1,826,478	$	1,828,823	$	2,259,416
Subordinated debentures due on:
March 30, 2058	5.700%	$	185,000	$	179,328	$	179,166
December 30, 2059	5.100%	300,000		291,179		290,941
September 30, 2060	4.250%	250,000		244,523		244,378
March 30, 2061	4.125%	300,000		293,341		293,167
Total subordinated debentures		$	1,035,000	$	1,008,371	$	1,007,652

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(1) In the first quarter of 2022, the Company repaid at maturity its $77 million aggregate principal amount of 8.7% senior notes in January and its $350 million aggregate principal amount of 4.625% senior notes in March.

(2) Subsidiary debt is due as follows: $5 million in 2024 and $2 million in 2025, partially offset by the unamortized cost of $0.8 million due to entering into the $300 million senior unsecured revolving credit facility.