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Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Outstanding Amount of Credit Facilities

Amounts outstanding under the Company’s credit facilities consist of the following:

 

     December 31  
     2013      2012  
     (In Thousands)  

Unsecured revolving line of credit, $850,000,000, LIBOR plus 0.75% variable

   $ 264,658       $   

Unsecured term notes:

     

November 30, 2008, Series C Senior Unsecured Notes, $250,000,000, 4.67% fixed, due November 30, 2013

             250,000   

November 30, 2011, Series D and E Senior Unsecured Notes, $250,000,000, 3.35% fixed, due November 30, 2016

     250,000         250,000   

December 2, 2013, Series F Senior Unsecured Notes, $250,000,000, 2.99% fixed, due December 2, 2023

     250,000           
  

 

 

    

 

 

 

Total debt

     764,658         500,000   

Less debt due within one year

     264,658         250,000   
  

 

 

    

 

 

 

Long-term debt, excluding current portion

   $ 500,000       $ 250,000