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Consolidated Balance Sheets (Parenthetical) - $ / shares
Dec. 31, 2016
Dec. 31, 2015
Statement of Financial Position [Abstract]    
Preferred stock, shares outstanding 5,200,000 5,200,000
Common stock, par value (per share) $ 1.00 $ 1.00
Common stock, shares authorized 342,857,143 342,857,143
Common stock, shares issued (in shares) 142,025,720 140,592,409
Common stock, shares outstanding 122,266,106 129,547,032
Treasury stock, shares at cost 19,759,614 11,045,377