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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2015
Stockholders' Equity (Tables) [Abstract]  
Summary of stockholder's equity capital accounts
June 30, 2015December 31, 2014
Preferred Stock:
Authorized shares50,000,00050,000,000
Issued shares25,875,00025,875,000
Outstanding shares25,875,00025,875,000
Common Stock, $1.00 par value:
Authorized shares700,000,000700,000,000
Issued shares352,350,728329,487,615
Outstanding shares351,573,700328,790,066
Summary of preferred stock activity
Six Months Ended
June 30, 2015June 30, 2014
Weighted Avg.Weighted Avg.
SharesDividend RateSharesDividend Rate
Beginning balance25,875,0006.500%26,108,2366.496%
Shares converted-0.000%(233,236)6.000%
Ending balance25,875,0006.500%25,875,0006.500%
Summary of common stock issuances
Shares IssuedAverage PriceGross ProceedsNet Proceeds
2014 Public issuance16,100,000$ 62.35 $1,003,835$968,517
2014 Dividend reinvestment plan issuances2,132,427$ 58.73 $125,232$125,232
2014 Option exercises175,699 46.78 8,2208,220
2014 Stock incentive plans, net of forfeitures124,723--
2014 Senior note conversions1--
2014 Preferred stock conversions233,236--
2014 Totals18,766,086$1,137,287$1,101,969
February 2015 public issuance19,550,000$ 75.50 $1,476,025$1,423,935
2015 Dividend reinvestment plan issuances1,766,585 72.83 128,653 128,653
2015 Option exercises211,041 46.26 9,7629,762
2015 Stock incentive plans, net of forfeitures179,037--
2015 Senior note conversions1,076,971--
2015 Totals22,783,634$1,614,440$1,562,350
Summary of dividend payments
Six Months Ended
June 30, 2015June 30, 2014
Per ShareAmountPer ShareAmount
Common Stock$1.6500$561,914$1.5900$462,551
Series H Preferred Stock--0.00791
Series I Preferred Stock1.625023,3591.625023,360
Series J Preferred Stock0.81269,3440.81269,344
Totals$594,617$495,256
Summary of accumulated other comprehensive income/(loss)
Unrecognized gains (losses) related to:
Foreign Currency TranslationAvailable for Sale SecuritiesActuarial LossesCash Flow HedgesTotal
Balance at December 31, 2014$(74,770)$-$(1,589)$(650)$(77,009)
Other comprehensive income before reclassification adjustments 12,136(15,100)-(2,625)(5,589)
Reclassification amount to net income- -- 928 (1)928
Net current-period other comprehensive income 12,136(15,100)-(1,697)(4,661)
Balance at June 30, 2015$(62,634)$(15,100)$(1,589)$(2,347)$(81,670)
Balance at December 31, 2013$(17,631)$(389)$(1,452)$(5,059)$(24,531)
Other comprehensive income before reclassification adjustments 4,628389-(7) 5,010
Reclassification amount to net income--- 879 (1)879
Net current-period other comprehensive income 4,628389-872 5,889
Balance at June 30, 2014$(13,003)$-$(1,452)$(4,187)$(18,642)
(1) Please see note 11 for additional information.