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Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
[1]
Total Parent Equity
Total Parent Equity
Cumulative Effect, Period of Adoption, Adjustment
[1]
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
[1]
Non-controlling Interests in Subsidiaries
Beginning balance (in shares) at Dec. 31, 2020         144,354,335          
Beginning balance at Dec. 31, 2020 $ 3,218,003 $ 6,223 $ 3,204,796 $ 6,223 $ 144,354 $ 117,165 $ (1,036,502) $ 3,979,779 $ 6,223 $ 13,207
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 414,206   414,206         414,206    
Other comprehensive income, net of tax 32,948   32,948       32,948      
Cash dividends declared (235,120)   (235,120)         (235,120)    
Share-based awards exercised, including tax benefit (in shares)         383,163          
Share-based awards exercised, including tax benefit (19,330)   (19,330)   $ 384 (19,714)        
Share-based compensation 14,521   14,521     14,521        
Purchase of stock (in shares)         (1,435,825)          
Purchase of stock (184,365)   (184,365)   $ (1,436)     (182,929)    
Noncontrolling interest activities (1,941)                 (1,941)
Ending balance (in shares) at Jun. 30, 2021         143,301,673          
Ending balance at Jun. 30, 2021 $ 3,245,145   3,233,879   $ 143,302 111,972 (1,003,554) 3,982,159   11,266
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Accounting Standards Update [Extensible List] Accounting Standards Update 2019-12 [Member]                  
Beginning balance (in shares) at Mar. 31, 2021         144,458,057          
Beginning balance at Mar. 31, 2021 $ 3,336,109   3,324,563   $ 144,458 117,867 (1,023,760) 4,085,998   11,546
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 196,496   196,496         196,496    
Other comprehensive income, net of tax 20,206   20,206       20,206      
Cash dividends declared (117,406)   (117,406)         (117,406)    
Share-based awards exercised, including tax benefit (in shares)         279,441          
Share-based awards exercised, including tax benefit (13,901)   (13,901)   $ 280 (14,181)        
Share-based compensation 8,286   8,286     8,286        
Purchase of stock (in shares)         (1,435,825)          
Purchase of stock (184,365)   (184,365)   $ (1,436)     (182,929)    
Noncontrolling interest activities (280)                 (280)
Ending balance (in shares) at Jun. 30, 2021         143,301,673          
Ending balance at Jun. 30, 2021 3,245,145   3,233,879   $ 143,302 111,972 (1,003,554) 3,982,159   11,266
Beginning balance (in shares) at Dec. 31, 2021         142,180,683          
Beginning balance at Dec. 31, 2021 3,503,290   3,490,742   $ 142,181 119,975 (857,739) 4,086,325   12,548
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 618,367   618,367         618,367    
Other comprehensive income, net of tax (95,489)   (95,489)       (95,489)      
Cash dividends declared (253,607)   (253,607)         (253,607)    
Share-based awards exercised, including tax benefit (in shares)         49,258          
Share-based awards exercised, including tax benefit (14,420)   (14,420)   $ 49 (14,469)        
Share-based compensation 17,882   17,882     17,882        
Purchase of stock (in shares)         (949,100)          
Purchase of stock (122,919)   (122,919)   $ (949)     (121,970)    
Noncontrolling interest activities 459                 459
Ending balance (in shares) at Jun. 30, 2022         141,280,841          
Ending balance at Jun. 30, 2022 3,653,563   3,640,556   $ 141,281 123,388 (953,228) 4,329,115   13,007
Beginning balance (in shares) at Mar. 31, 2022         141,627,749          
Beginning balance at Mar. 31, 2022 3,607,876   3,595,740   $ 141,628 126,064 (804,877) 4,132,925   12,136
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 372,529   372,529         372,529    
Other comprehensive income, net of tax (148,351)   (148,351)       (148,351)      
Cash dividends declared (126,716)   (126,716)         (126,716)    
Share-based awards exercised, including tax benefit (in shares)         30,588          
Share-based awards exercised, including tax benefit (13,357)   (13,357)   $ 30 (13,387)        
Share-based compensation 10,711   10,711     10,711        
Purchase of stock (in shares)         (377,496)          
Purchase of stock (50,000)   (50,000)   $ (377)     (49,623)    
Noncontrolling interest activities 871                 871
Ending balance (in shares) at Jun. 30, 2022         141,280,841          
Ending balance at Jun. 30, 2022 $ 3,653,563   $ 3,640,556   $ 141,281 $ 123,388 $ (953,228) $ 4,329,115   $ 13,007
[1] We adopted Accounting Standards Update (“ASU”) 2019-12, Simplifying the Accounting for Income Taxes, during the first quarter of 2021.