DEBT (Table)

12 Months Ended

Dec. 31, 2024

Debt consists of the following as of December 31:


(In thousands)	2024		2024		2023		2023
	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
3.85% Senior notes due 2025	$	90,000	$	89,876	$	90,000	$	88,243
4.24% Senior notes due 2026	200,000		196,059		200,000		195,556
4.05% Senior notes due 2028	67,500		64,733		67,500		64,801
4.11% Senior notes due 2028	90,000		85,784		90,000		85,999
3.10% Senior notes due 2030	150,000		131,386		150,000		131,942
3.20% Senior notes due 2032	150,000		125,426		150,000		127,649
4.49% Senior notes due 2032	200,000		182,451		200,000		187,584
4.64% Senior notes due 2034	100,000		89,538		100,000		92,961
Total debt	1,047,500		965,253		1,047,500		974,735
Debt issuance costs, net	(1,326)		(1,326)		(1,541)		(1,541)
Unamortized interest rate swap proceeds (1)	2,775		2,775		4,403		4,403
Total debt, net	1,048,949		966,702		1,050,362		977,597
Less: current portion of long-term debt	(90,000)		(89,876)		—		—
Total long-term debt	$	958,949	$	876,826	$	1,050,362	$	977,597

(1) Represents the gain from termination of the Corporation's interest rate swap agreements on its 3.85% and 4.24% Senior Notes in February 2016, which will be amortized into interest expense over the remaining terms of the respective notes.

Aggregate Maturities of Debt

Aggregate maturities of debt are as follows:


(In thousands)
2025	$	90,000
2026	200,000
2027	—
2028	157,500
2029	—
Thereafter	600,000
Total	$	1,047,500