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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Statement of Income and Comprehensive Income    
Net income $ 34,302 $ 167,925
Reclassification to retained earnings due to cumulative effect of accounting change 0 (50)
Other comprehensive income before tax:    
Foreing currency translation adjustment (1,818) (1,238)
Amortization of net losses of pension and postretirement benefit plans 5,362 5,876
Unrealized holding gains on debt securities arising during the period 447,117 109,863
Unrealized net losses on cash flow hedges (4,702) (682)
Reclassification adjustment for net losses included in net income 1,327 1,030
Other comprehensive income before tax 447,286 114,799
Income tax expenses (66,725) (10,804)
Total other comprehensive income, net of tax 380,561 103,995
Comprehensive income, net of tax $ 414,863 $ 271,920