"Each Other's Company"

I noticed a few features in "Each Other's Company." "We don't live it up" is sung to an ascending phrase (F F G Bb C), so while it's used in a more metaphorical sense and negated, there's a musical representation of that "up."  "Long" in the line "In front of the fire we sit all night long" is sung with a melisma (D C, I think), for a sense of duration.  In the second occurrence of "It can rain; it can storm," "storm" is sung with a melisma (D Eb D C, I think), giving a sense of turbulence.