Indebtedness

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Indebtedness

Indebtedness

Indebtedness consisted of the following as of December 31, 2023 (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		2023		2022
Senior notes and other debt due on:
February 15, 2037	6.250%	$	250,000	$	248,556	$	248,446
August 1, 2044	4.750%	350,000		346,205		346,020
May 12, 2050	4.000%	470,000		489,964		490,721
March 30, 2052	3.550%	400,000		394,411		394,213
September 30, 2061	3.150%	350,000		343,129		342,945
Subsidiary debt and other (1)	Various	5,686		5,686		6,478
Total senior notes and other debt		$	1,825,686	$	1,827,951	$	1,828,823
Subordinated debentures due on:
March 30, 2058	5.700%	$	185,000	$	179,489	$	179,328
December 30, 2059	5.100%	300,000		291,418		291,179
September 30, 2060	4.250%	250,000		244,668		244,523
March 30, 2061	4.125%	300,000		293,515		293,341
Total subordinated debentures		$	1,035,000	$	1,009,090	$	1,008,371

________________

(1) Subsidiary debt of $6 million is due in 2024, partially offset by the unamortized cost of $0.6 million due to entering into the $300 million senior unsecured revolving credit facility.