XML 21 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements Of Changes In Shareholders' Equity - USD ($)
$ in Thousands
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjustment
Revision of Prior Period, Adjustment
[1]
Accumulated Other Comprehensive Income [Member]
Treasury Stock [Member]
Noncontrolling Interest
Parent [Member]
Balance, beginning of year at Dec. 31, 2018   $ 150,000 $ 16,749 $ 1,887,721 $ 1,366,503 $ (11,117) $ (72,523) $ (180,857) $ 30,000  
Common stock repurchased               (215,430)    
Unit amortization, net of forfeitures       112,864            
Distributions under employee plans       (91,898) (19,819)     76,627    
Net income $ 448,396       449,986       1,590  
Dividends declared, Common         (50,743)          
Dividends declared, Preferred         (17,319)          
Issuance of preferred stock   160,000   (5,012)            
Unrealized gains/(losses) on securities, net of tax 60,288 [2],[3]           60,288      
Unrealized losses on cash flow hedging activities, net of tax             (4,402)      
Foreign currency translation adjustment, net of tax 4,932 [3]           4,932      
Other       28 (1,787)          
Capital contributions from non-controlling interest holders                 26,800  
Distributions to non-controlling interest holders                 (3,391)  
Balance, end of year at Dec. 31, 2019 3,669,790 310,000 16,749 1,903,703 1,715,704   (11,705) (319,660) 54,999 $ 3,614,791
Common stock repurchased (58,300)             (58,261)    
Unit amortization, net of forfeitures       118,229            
Distributions under employee plans       (126,514) (49,427)     70,182    
Net income 503,472       503,472          
Dividends declared, Common         56,967          
Dividends declared, Preferred         (27,261)          
Issuance of preferred stock   225,000   (7,005)            
Dividends declared to equity-award holders       350            
Unrealized gains/(losses) on securities, net of tax 33,133 [2],[3]           33,133      
Unrealized losses on cash flow hedging activities, net of tax             (651)      
Foreign currency translation adjustment, net of tax 6,862 [3]           6,862      
Other       219 386          
Deconsolidation of non-controlling interest                 $ (54,999)  
Balance, end of year at Dec. 31, 2020 4,238,766 535,000 16,749 1,888,982 2,078,135 $ (7,772) 27,639 (307,739)   4,238,766
Common stock repurchased (172,700)             172,741    
Unit amortization, net of forfeitures       127,458            
Distributions under employee plans       (120,158) (35,233)     74,568    
Net income 824,858       824,858          
Dividends declared, Common         74,437          
Dividends declared, Preferred         35,587          
Issuance of preferred stock   300,000   (9,112)            
Common stock issued for acquisitions       35,186       54,814    
Redemption of preferred stock   (150,000)                
Unrealized gains/(losses) on securities, net of tax (19,385) [2],[3]           (19,385)      
Foreign currency translation adjustment, net of tax (3,536) [3]           (3,536)      
Other       26 (528)          
Balance, end of year at Dec. 31, 2021 $ 5,034,959 $ 685,000 $ 16,749 $ 1,922,382 $ 2,757,208   $ 4,718 $ (351,098)   $ 5,034,959
[1] Cumulative adjustments for accounting changes relate to the adoption of certain accounting updates. See Note 2 of the Notes to Consolidated Financial Statements for additional information.
[2] As part of the adoption of ASU 2019-04, in the third quarter of 2019, the Company made a one-time election to transfer a portion of its held-to-maturity securities to available-for-sale. The transfer resulted in a net of tax increase to comprehensive income of $17.9 million.
[3] Net of a tax benefit of $6.7 million, tax expense of $11.5 million, and tax expense of $20.2 million for the years ended December 31, 2021, 2020, and 2019, respectively.