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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
Additional Paid-in Capital
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interest
Beginning balance at Dec. 31, 2021 $ 5,296,800   $ 537,145 $ 169,384 $ 3,894,109 $ (931,497) $ (82,321) $ 1,709,980   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 349,088             349,088    
Other comprehensive income (loss), net of income taxes (944,384)           (944,384)      
Cash dividends declared on common stock (98,858)             (98,858)    
Cash dividends declared on preferred stock [1] (16,581)             (16,581)    
Repurchases of common stock including costs to repurchase (12,987)         (12,987)        
Restricted share unit vesting and taxes paid related to net share settlement (8,991)     350 (6,063)     (3,278)    
Stock options exercised, net 5,606     279 5,327          
Share-based compensation expense 14,745       14,745          
Ending balance at Jun. 30, 2022 4,584,438   537,145 170,013 3,908,118 (944,484) (1,026,705) 1,940,351   0
Beginning balance at Dec. 31, 2021 5,296,800   537,145 169,384 3,894,109 (931,497) (82,321) 1,709,980   0
Ending balance at Dec. 31, 2022 $ 4,475,801 $ (297) 537,145 170,141 3,920,346 (944,484) (1,442,117) 2,234,770 $ (297) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Accounting standards update [Extensible List] Accounting Standards Update 2023-02 [Member]                  
Beginning balance at Mar. 31, 2022 $ 4,824,635   537,145 169,912 3,899,269 (941,168) (662,065) 1,821,542   0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 178,052             178,052    
Other comprehensive income (loss), net of income taxes (364,640)           (364,640)      
Cash dividends declared on common stock (49,416)             (49,416)    
Cash dividends declared on preferred stock [2] (8,291)             (8,291)    
Repurchases of common stock including costs to repurchase (3,316)         (3,316)        
Restricted share unit vesting and taxes paid related to net share settlement (402)     48 1,086     (1,536)    
Stock options exercised, net 972     53 919          
Share-based compensation expense 6,844       6,844          
Ending balance at Jun. 30, 2022 4,584,438   537,145 170,013 3,908,118 (944,484) (1,026,705) 1,940,351   0
Beginning balance at Dec. 31, 2022 4,475,801 $ (297) 537,145 170,141 3,920,346 (944,484) (1,442,117) 2,234,770 (297) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 376,103             376,269   (166)
Other comprehensive income (loss), net of income taxes 46,942           46,942      
Cash dividends declared on common stock (111,038)             (111,038)    
Cash dividends declared on preferred stock [1] (16,581)             (16,581)    
Restricted share unit vesting and taxes paid related to net share settlement (10,202)     466 (8,231)     (2,437)    
Stock options exercised, net 3,724     201 3,523          
Share-based compensation expense 17,910       17,910          
Acquisition of non-controlling interest 25,406                 25,406
Ending balance at Jun. 30, 2023 4,807,768   537,145 170,808 3,933,548 (944,484) (1,395,175) 2,480,686   25,240
Beginning balance at Mar. 31, 2023 4,770,130   537,145 170,714 3,925,449 (944,484) (1,289,327) 2,370,633 $ (297) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 173,944             174,110   (166)
Other comprehensive income (loss), net of income taxes (105,848)           (105,848)      
Cash dividends declared on common stock (55,536)             (55,536)    
Cash dividends declared on preferred stock [2] (8,291)             (8,291)    
Restricted share unit vesting and taxes paid related to net share settlement (99)     83 48     (230)    
Stock options exercised, net 227     11 216          
Share-based compensation expense 7,835       7,835          
Acquisition of non-controlling interest 25,406                 25,406
Ending balance at Jun. 30, 2023 $ 4,807,768   $ 537,145 $ 170,808 $ 3,933,548 $ (944,484) $ (1,395,175) $ 2,480,686   $ 25,240
[1] For the six months ended June 30, 2023 and 2022, dividends per share were $0.79 and $0.73 for Series D and Series E Preferred Stock, respectively.
[2] For the three months ended June 30, 2023 and 2022, dividends per share were $0.39 and $0.37 for Series D and Series E Preferred Stock, respectively.