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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Statement of Income and Comprehensive Income      
Net income $ 1,102,641 $ 934,889 $ 506,622
Other comprehensive (loss) income before tax:      
Foreign currency translation adjustment 10,572 3,947 (14,471)
Adjustment of pension and postretirement benefit plans 7,811 36,950 (9,032)
Amortization of net losses 15,644 20,749 21,447
Unrealized net holding (losses) gains on debt securities arising during the period (2,539,421) (619,470) 419,993
Reclassification adjustment for gains included in net income 0 (23) (41)
Amortization of unrealized losses of debt securities transfer from available-for-sale to held-to-maturity 41,642 0 0
Unrealized net gains (losses) on cash flow hedges 3,719 539 (8,872)
Reclassification adjustment for net (gains) losses included in net income (960) 1,847 6,379
Other comprehensive (loss) income before tax (2,460,993) (555,461) 415,403
Income tax benefit (expense) (261,134) (40,401) 55,474
Total other comprehensive (loss) income, net of tax (2,199,859) (515,060) 359,929
Comprehensive (loss) income, net of tax $ (1,097,218) $ 419,829 $ 866,551