Year ended December 31,

2023

2022

2021

(In thousands)

Foreign currency translation adjustments:

Change in unrealized foreign currency translation gains (losses)
   before income taxes

$

10,044

$

(20,826

)

$

6,969

Income tax expense (benefit) on unrealized foreign currency 
  translation gains (losses)

-

-

-

Change in unrealized foreign currency translation gains 
  (losses), net of income taxes

$

10,044

$

(20,826

)

$

6,969

Unrealized gain (losses) on available-for-sale securities:

Change in unrealized holding gains (losses) arising during 
   period before income taxes

$

87,390

$

(385,735

)

$

(78,348

)

Income tax expense (benefit) on unrealized holding gains 
  (losses) arising during period

18,751

(82,185

)

(17,038

)

Change in unrealized holding gains (losses) on available-for-sale 
  securities arising during period, net of income taxes

68,639

(303,550

)

(61,310

)

Reclassification from accumulated OCI to net income for (gains)
  losses realized on available-for-sale securities

2,811

(1,387

)

(3,849

)

Income tax (expense) benefit on (gains) losses reclassified from 
  accumulated OCI to net income

590

(292

)

(808

)

Reclassification from accumulated OCI to net income for (gains)  
  losses realized on available-for-sale securities, net of income
  taxes

2,221

(1,095

)

(3,041

)

Change in unrealized gains (losses) on available-for-sale 
  securities, net of income taxes and reclassification adjustment

$

70,860

$

(304,645

)

$

(64,351

)

Effect of change in discount rate assumptions on the LFPB:

Change in effect in discount rate assumptions on the LFPB before income taxes

$

(216,301

)

$

1,739,762

$

347,041

Income tax (expense) benefit on the effect of change in discount rate

 assumptions on the LFPB from accumulated OCI to net income

(46,799

)

371,166

74,599

Change in effect in discount rate assumptions on the LFPB, net of income taxes

$

(169,502

)

$

1,368,596

$

272,442