FAIR VALUE OF FINANCIAL INSTRUMENTS

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

FAIR VALUE OF FINANCIAL INSTRUMENTS

FAIR VALUE OF FINANCIAL INSTRUMENTS

Debt

The estimated fair value amounts were determined by the Corporation using available market information that is primarily based on quoted market prices for the same or similar issuances as of March 31, 2026. Accordingly, all of the Corporation’s debt is valued as a Level 2 financial instrument.  The fair values described below may not be indicative of net realizable value or reflective of future fair values.  Furthermore, the use of different methodologies to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date.

	March 31, 2026				December 31, 2025
(In thousands)	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
4.24% Senior notes due 2026	200,000		199,495		200,000		199,556
4.05% Senior notes due 2028	67,500		66,550		67,500		66,769
4.11% Senior notes due 2028	90,000		88,339		90,000		88,712
3.10% Senior notes due 2030	150,000		138,360		150,000		138,721
3.20% Senior notes due 2032	150,000		132,627		150,000		132,996
4.49% Senior notes due 2032	200,000		190,139		200,000		191,143
4.64% Senior notes due 2034	100,000		93,641		100,000		94,153
Total debt	957,500		909,151		957,500		912,050
Debt issuance costs, net	(1,075)		(1,075)		(1,125)		(1,125)
Unamortized interest rate swap proceeds	1,210		1,210		1,509		1,509
Total debt, net	$	957,635	$	909,286	$	957,884	$	912,434