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Debt and Other Financing Arrangements (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Debt and Other Financing Arrangements
     (in thousands)  
December 31,    2018      2017  

Industrial revenue bonds due from 2020 to 2040*

   $  1,010,600      $  1,010,600  

Notes, 5.85%, due 2018

     —          500,000  

Notes, 4.125%, due 2022

     600,000        600,000  

Notes, 4.0%, due 2023

     500,000        500,000  

Notes, 3.95%, due 2028

     500,000        —    

Notes, 6.40%, due 2037

     650,000        650,000  

Notes, 5.20%, due 2043

     500,000        500,000  

Notes, 4.40%, due 2048

     500,000        —    
  

 

 

    

 

 

 

Total long-term debt

     4,260,600        3,760,600  

Less debt issuance costs

     27,324        18,358  
  

 

 

    

 

 

 

Total amounts outstanding

     4,233,276        3,742,242  

Less current maturities

     —          500,000  
  

 

 

    

 

 

 

Total long-term debt due after one year

   $ 4,233,276      $ 3,242,242  
  

 

 

    

 

 

 

 

*

The industrial revenue bonds had variable rates ranging from 1.88% to 2.03% at December 31, 2018 and 1.65% to 1.92% at December 31, 2017, respectively.