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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Preferred Stock
Surplus
Retained earnings
Treasury Stock
Accumulated other comprehensive income (loss)
Beginning Balance at Dec. 31, 2017 $ 5,103,905 $ 1,042 $ 50,160 $ 4,298,503 $ 1,194,994 $ (90,142) $ (350,652)
Increase Decrease In Stockholders Equity [Roll Forward]              
Net Income 91,324       91,324    
Issuance of stock 881 1   880      
Dividends declared:              
Common stock [1] (25,547)       (25,547)    
Preferred stock (931)       (931)    
Common stock purchases (1,328)         (1,328)  
Common stock reissuance 722     (16)   738  
Stock based compensation 6,134     1,569   4,565  
Other comprehensive loss, net of tax (112,186)           (112,186)
Ending Balance at Mar. 31, 2018 5,064,909 1,043 50,160 4,300,936 1,261,775 (86,167) (462,838)
Increase Decrease In Stockholders Equity [Roll Forward]              
Cumulative effect of accounting change 1,935       1,935    
Beginning Balance at Dec. 31, 2018 5,435,057 1,043 50,160 4,365,606 1,651,731 (205,509) (427,974)
Increase Decrease In Stockholders Equity [Roll Forward]              
Net Income 167,925       167,925    
Issuance of stock 793     793      
Dividends declared:              
Common stock [1] (28,986)       (28,986)    
Preferred stock (931)       (931)    
Common stock purchases [2] (253,119)     (52,670)   (200,449)  
Common stock reissuance 2,183     178   2,005  
Stock based compensation 8,238     (867)   9,105  
Other comprehensive loss, net of tax 103,995           103,995
Ending Balance at Mar. 31, 2019 5,440,060 $ 1,043 $ 50,160 $ 4,313,040 1,794,644 $ (394,848) $ (323,979)
Increase Decrease In Stockholders Equity [Roll Forward]              
Cumulative effect of accounting change $ 4,905       $ 4,905    
[1]
Dividends declared per common share during the quarter ended March 31, 2019 - $0.30 (2018 - $0.25).
[2]
On February 28, 2019, the Corporation entered into a $250 million accelerated share repurchase transaction with respect to its common stock, which was accounted for as a treasury stock transaction. Refer to Note 18 for additional information.