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Consolidated Statement of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Preferred Stock [Member]
Common Stock [Member]
Common Stock Issuable [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss), Net [Member]
Treasury Stock
Beginning balance at Dec. 31, 2021 $ 17,903,405 $ 1,750,000 $ 79,871 $ 1,212 $ 6,635,000 $ 14,646,448 $ (127,578) $ (5,081,548)
Total comprehensive income 200,784         579,696 (378,912)  
Common stock issued 8,286,515   9,824   3,256,821     5,019,870
Common stock awards converted 104,810       104,810      
Conversion of Series H preferred stock 260,600 260,600            
Preferred stock cash dividends [1] (46,706)         (46,706)    
Purchases of treasury stock (600,000)             (600,000)
Stock-based compensation transactions, net 55,281 [2]   23 (122) [2] (9,750) [2] (643) [2]   65,773 [2]
Common stock cash dividends (370,158)         (370,158)    
Ending balance at Jun. 30, 2022 25,794,531 2,010,600 89,718 1,090 9,986,881 14,808,637 (506,490) (595,905)
Beginning balance at Mar. 31, 2022 17,876,020 1,750,000 79,871 1,074 6,611,659 14,830,671 (377,385) (5,019,870)
Total comprehensive income 88,417         217,522 (129,105)  
Common stock issued 8,286,515   9,824   3,256,821     5,019,870
Common stock awards converted 104,810       104,810      
Conversion of Series H preferred stock 260,600 260,600            
Preferred stock cash dividends [1] (24,941)         (24,941)    
Purchases of treasury stock [2] (600,000)             (600,000)
Stock-based compensation transactions, net 17,412   23 16 13,591 (313)   4,095
Common stock cash dividends (214,302)         (214,302)    
Ending balance at Jun. 30, 2022 25,794,531 2,010,600 89,718 1,090 9,986,881 14,808,637 (506,490) (595,905)
Beginning balance at Dec. 31, 2022 25,317,990 2,010,600 89,718 1,112 10,002,891 15,753,978 (790,030) (1,750,279)
Total comprehensive income 1,493,888         1,568,658 (74,770)  
Preferred stock cash dividends [1] (49,881)         (49,881)    
Purchases of treasury stock [2] (599,940)             (599,940)
Stock-based compensation transactions, net [2] 73,875     (140) (2,556) (946)   77,517
Common stock cash dividends (434,999)         (434,999)    
Ending balance at Jun. 30, 2023 25,800,933 2,010,600 89,718 972 10,000,335 16,836,810 (864,800) (2,272,702)
Beginning balance at Mar. 31, 2023 25,377,171 2,010,600 89,718 957 9,986,325 16,212,095 (645,005) (2,277,519)
Total comprehensive income 647,239         867,034 (219,795)  
Preferred stock cash dividends [1] (24,940)         (24,940)    
Stock-based compensation transactions, net [2] 18,367     15 14,010 (475)   4,817
Common stock cash dividends (216,904)         (216,904)    
Ending balance at Jun. 30, 2023 $ 25,800,933 $ 2,010,600 $ 89,718 $ 972 $ 10,000,335 $ 16,836,810 $ (864,800) $ (2,272,702)
[1] For the three-month and six-month periods ended June 30, 2023, dividends per preferred share were: Preferred Series E - $16.125 and $32.25, respectively; Preferred Series F - $128.125 and $256.25, respectively; Preferred Series G - $125.00 and $250.00, respectively; Preferred Series H - $0.3516 and $0.7031, respectively; and Preferred Series I - $87.50 and $175.00, respectively. Dividends per preferred share for the three-month and six-month periods ended June 30, 2022 were: Preferred Series E - $16.125 and $32.25, respectively; Preferred Series F - $128.125 and $256.25, respectively; Preferred Series G - $125.00 and $250.00, respectively; and Preferred Series I - $87.50. and $181.81, respectively.
[2] Effective January 1, 2023 amounts are inclusive of 1% U.S. government excise taxes receivable or payable.