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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2017
Stockholders' Equity (Tables) [Abstract]  
Summary of stockholder's equity capital accounts
March 31, 2017December 31, 2016
Preferred Stock:
Authorized shares50,000,00050,000,000
Issued shares14,375,00025,875,000
Outstanding shares14,375,00025,875,000
Common Stock, $1.00 par value:
Authorized shares700,000,000700,000,000
Issued shares365,651,576363,576,924
Outstanding shares364,563,653362,602,173
Summary of preferred stock activity
Three Months Ended
March 31, 2017March 31, 2016
Weighted Avg.Weighted Avg.
SharesDividend RateSharesDividend Rate
Beginning balance25,875,0006.500%25,875,0006.500%
Shares redeemed(11,500,000)6.500%-0.000%
Ending balance14,375,0006.500%25,875,0006.500%
Summary of common stock issuances
Shares IssuedAverage PriceGross ProceedsNet Proceeds
2016 Dividend reinvestment plan issuances1,058,085$ 60.00 $63,484$63,484
2016 Option exercises9,864 21.29 210210
2016 Equity shelf program issuances443,096 67.12 30,19229,739
2016 Stock incentive plans, net of forfeitures484,005--
2016 Totals1,995,050$93,886$93,433
2017 Dividend reinvestment plan issuances1,284,719$ 68.33 $87,985$87,784
2017 Option exercises156,675 52.71 8,2588,258
2017 Equity shelf program issuances338,486 69.75 23,77623,609
2017 Stock incentive plans, net of forfeitures181,600--
2017 Totals1,961,480$120,019$119,651
Summary of dividend payments
Three Months Ended
March 31, 2017March 31, 2016
Per ShareAmountPer ShareAmount
Common Stock$0.8700$315,415$0.8600$305,770
Series I Preferred Stock0.812511,6800.812511,680
Series J Preferred Stock0.23472,6990.40644,672
Totals$329,794$322,122
Summary of accumulated other comprehensive income/(loss)
Unrecognized gains (losses) related to:
Foreign Currency TranslationAvailable for Sale SecuritiesActuarial LossesCash Flow HedgesTotal
Balance at December 31, 2016$(173,496)$5,120$(1,153)$(2)$(169,531)
Other comprehensive income before reclassification adjustments 2,900(10,569)--(7,669)
Net current-period other comprehensive income 2,900(10,569)--(7,669)
Balance at March 31, 2017$(170,596)$(5,449)$(1,153)$(2)$(177,200)
Balance at December 31, 2015$(85,484)$-$(1,343)$(1,416)$(88,243)
Other comprehensive income before reclassification adjustments (13,746)(7,549)2- (21,293)
Reclassification amount to net income--- 483 (1)483
Net current-period other comprehensive income (13,746)(7,549)2483 (20,810)
Balance at March 31, 2016$(99,230)$(7,549)$(1,341)$(933)$(109,053)
(1) Please see Note 11 for additional information.