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Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Outstanding credit facilities
The following table summarizes the outstanding revolving credit facilities of the Company and its subsidiaries:
Company
Facility
 
Facility
Limit

 
Amount Outstanding at December 31, 2016

 
Amount Outstanding at December 31,
 2015

 
Letters of
Credit at December 31, 2016

 
Expiration
Date
 
 
 
(In millions)
MDU Resources Group, Inc.
Commercial paper/Revolving credit agreement
(a)
$
175.0

 
$
111.0

(b)
$
44.5

(b)
$

 
5/8/19
Cascade Natural Gas Corporation
Revolving credit agreement
 
$
50.0

(c)
$

 
$

 
$
2.2

(d)
7/9/18
Intermountain Gas Company
Revolving credit agreement
 
$
65.0

(e)
$
20.9

 
$
47.9

 
$

 
7/13/18
Centennial Energy Holdings, Inc.
Commercial paper/Revolving credit agreement
(f)
$
500.0

 
$
151.0

(b)
$
18.0

(b)
$

 
9/23/21
(a)
The commercial paper program is supported by a revolving credit agreement with various banks (provisions allow for increased borrowings, at the option of the Company on stated conditions, up to a maximum of $225.0 million). There were no amounts outstanding under the credit agreement.
(b)
Amount outstanding under commercial paper program.
(c)
Certain provisions allow for increased borrowings, up to a maximum of $75.0 million.
(d)
Outstanding letter(s) of credit reduce the amount available under the credit agreement.
(e)
Certain provisions allow for increased borrowings, up to a maximum of $90.0 million.
(f)
The commercial paper program is supported by a revolving credit agreement with various banks (provisions allow for increased borrowings, at the option of Centennial on stated conditions, up to a maximum of $600.0 million). There were no amounts outstanding under the credit agreement.
 

Long term debt outstanding
Long-term debt outstanding at December 31 was as follows:
 
2016

2015

 
(In thousands)
Senior Notes at a weighted average rate of 4.87%, due on dates ranging from August 31, 2017 to January 15, 2055
$
1,437,831

$
1,616,246

Commercial paper at a weighted average rate of 1.27%, supported by revolving credit agreements
262,000

62,500

Medium-Term Notes at a weighted average rate of 6.68%, due on dates ranging from September 1, 2020 to March 16, 2029
50,000

50,000

Other notes at a weighted average rate of 5.25%, due on February 1, 2035
24,471

24,589

Credit agreements at a weighted average rate of 3.14%, due on dates ranging from July 13, 2018 to November 30, 2038
21,793

48,906

Unamortized debt issuance costs
(5,832
)
(6,069
)
Discount
(104
)
(9
)
Total long-term debt
1,790,159

1,796,163

Less current maturities
43,598

238,539

Net long-term debt
$
1,746,561

$
1,557,624

Schedule of debt maturities
Schedule of Debt Maturities Long-term debt maturities for the five years and thereafter following December 31, 2016, were as follows:
 
2017
2018
2019
2020
2021
Thereafter

 
(In thousands)
Long-term debt maturities
$
43,598

$
169,449

$
162,154

$
15,021

$
151,013

$
1,254,860