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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2017
Stockholders' Equity (Tables) [Abstract]  
Summary of stockholder's equity capital accounts
June 30, 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, $1.00 par value:
Authorized shares700,000,000700,000,000
Issued shares369,966,425363,576,924
Outstanding shares368,878,042362,602,173
Summary of preferred stock activity
Six Months Ended
June 30, 2017June 30, 2016
Weighted Avg.Weighted Avg.
SharesDividend RateSharesDividend Rate
Beginning balance25,875,0006.500%25,875,0006.500%
Shares redeemed(11,500,000)6.500%-0.000%
Ending balance14,375,0006.500%25,875,0006.500%
Summary of common stock issuances
Shares IssuedAverage PriceGross ProceedsNet Proceeds
2016 Dividend reinvestment plan issuances1,971,758$ 64.65 $127,470 $ 127,470
2016 Option exercises37,409 48.73 1,8231,823
2016 Equity shelf program issuances443,096 67.12 30,19229,739
2016 Stock incentive plans, net of forfeitures460,047 - -
2016 Totals2,912,310$159,485$159,032
2017 Dividend reinvestment plan issuances2,836,216$ 70.55 $200,097$199,757
2017 Option exercises202,190 50.88 10,28810,288
2017 Equity shelf program issuances2,986,574 72.30 215,917214,406
2017 Redemption of equity membership units91,180--
2017 Stock incentive plans, net of forfeitures159,709--
2017 Totals6,275,869$426,302$424,451
Summary of dividend payments
Six Months Ended
June 30, 2017June 30, 2016
Per ShareAmountPer ShareAmount
Common Stock$1.7400$634,296$1.7200$613,163
Series I Preferred Stock1.625023,3601.625023,359
Series J Preferred Stock0.23472,6990.81269,344
Totals$660,355$645,866
Summary of accumulated other comprehensive income/(loss)
Unrecognized gains (losses) related to:
Foreign Currency TranslationAvailable for Sale SecuritiesActuarial LossesCash Flow HedgesTotal
Balance at December 31, 2016$(173,496)$5,120$(1,153)$(2)$(169,531)
Other comprehensive income before reclassification adjustments 22,384(16,477)--5,907
Net current-period other comprehensive income 22,384(16,477)--5,907
Balance at June 30, 2017$(151,112)$(11,357)$(1,153)$(2)$(163,624)
Balance at December 31, 2015$(85,484)$-$(1,343)$(1,416)$(88,243)
Other comprehensive income before reclassification adjustments (61,207)(11,160)210 (72,355)
Reclassification amount to net income--- 960 (1)960
Net current-period other comprehensive income (61,207)(11,160)2970 (71,395)
Balance at June 30, 2016$(146,691)$(11,160)$(1,341)$(446)$(159,638)
(1) Please see Note 11 for additional information.