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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Statement of Income and Comprehensive Income      
Net income $ 506,622 $ 671,135 $ 618,158
Reclassification to retained earnings due to cumulative effect of accounting change 0 (50) (605)
Other comprehensive income (loss) before tax:      
Foreing currency translation adjustment (14,471) (6,847) (6,902)
Adjustment of pension and postretirement benefit plans (9,032) (21,874) (15,497)
Amortization of net losses of pension and postretirement benefit plans 21,447 23,508 21,542
Amortization of prior service credit of pension and postretirement benefit plans 0 0 (3,470)
Unrealized holding gains (losses) on debt securities arising during the period 419,993 286,063 (71,255)
Reclassification adjustment for (gains) losses included in net income (41) 20 0
Unrealized net (losses) gains on cash flow hedges (8,872) (5,741) 536
Reclassification adjustment for net losses (gains) included in net income 6,379 3,882 (1,110)
Other comprehensive income (loss) before tax 415,403 278,961 (76,761)
Income tax expenses (55,474) (20,925) (561)
Total other comprehensive income (loss), net of tax 359,929 258,036 (77,322)
Comprehensive income, net of tax $ 866,551 $ 929,171 $ 540,836