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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2018
Stockholders' Equity (Tables) [Abstract]  
Summary of stockholder's equity capital accounts
March 31, 2018December 31, 2017
Preferred Stock:
Authorized shares50,000,00050,000,000
Issued shares14,375,00014,375,000
Outstanding shares14,369,96514,370,060
Common Stock, $1.00 par value:
Authorized shares700,000,000700,000,000
Issued shares373,161,327372,852,311
Outstanding shares371,970,655371,731,551
Summary of preferred stock activity
Three Months Ended
March 31, 2018March 31, 2017
Weighted Avg.Weighted Avg.
SharesDividend RateSharesDividend Rate
Beginning balance14,370,0606.500%25,875,0006.500%
Shares redeemed-0.000%(11,500,000)6.500%
Shares converted(95)6.500%-0.000%
Ending balance14,369,9656.500%14,375,0006.500%
Summary of common stock issuances
Shares IssuedAverage PriceGross ProceedsNet Proceeds
2017 Dividend reinvestment plan issuances1,284,719$ 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$119,651
2018 Dividend reinvestment plan issuances129,975$ 55.51 $7,214$7,214
2018 Preferred stock conversions83--
2018 Stock incentive plans, net of forfeitures109,046--
2018 Totals239,104$7,214$7,214
Summary of dividend payments
Three Months Ended
March 31, 2018March 31, 2017
Per ShareAmountPer ShareAmount
Common Stock$0.8700$323,726$0.8700$315,415
Series I Preferred Stock0.812511,6760.812511,680
Series J Preferred Stock--0.23472,699
Totals$335,402$329,794
Summary of accumulated other comprehensive income/(loss)
Unrecognized gains (losses) related to:
Foreign Currency TranslationAvailable for Sale SecuritiesActuarial LossesCash Flow HedgesTotal
Balance at December 31, 2017$(110,581)$-$(884)$-$(111,465)
Other comprehensive income before reclassification adjustments 20,212---20,212
Net current-period other comprehensive income 20,212---20,212
Balance at March 31, 2018$(90,369)$-$(884)$-$(91,253)
Balance at December 31, 2016$(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)