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Unaudited Interim Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Total Equity
Cumulative effect of adoption of accounting changes
Retained Earnings (Accumulated Deficit)
Cumulative effect of adoption of accounting changes
Total Equity
Beginning Balance at Dec. 31, 2018   $ 2,500 $ 6,120,436 $ 943,005 $ (324,373) $ 6,741,568 $ (371) [1] $ (371) [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Return of capital     (245,000)     (245,000)    
Comprehensive income:                
Net income (loss)       (900,024)   (900,024)    
Other comprehensive income (loss), net of tax         224,777 224,777    
Total comprehensive income (loss)           (675,247)    
Ending Balance at Mar. 31, 2019   2,500 5,875,436 42,610 (99,596) 5,820,950    
Beginning Balance at Dec. 31, 2018   2,500 6,120,436 943,005 (324,373) 6,741,568 (371) [1] (371) [1]
Comprehensive income:                
Net income (loss) $ (1,068,794)              
Other comprehensive income (loss), net of tax 559,172              
Ending Balance at Jun. 30, 2019   2,500 5,628,936 (126,160) 234,799 5,740,075    
Beginning Balance at Mar. 31, 2019   2,500 5,875,436 42,610 (99,596) 5,820,950    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Return of capital     (246,500)     (246,500)    
Comprehensive income:                
Net income (loss) (168,770)     (168,770)   (168,770)    
Other comprehensive income (loss), net of tax 334,395       334,395 334,395    
Total comprehensive income (loss)           165,625    
Ending Balance at Jun. 30, 2019   2,500 5,628,936 (126,160) 234,799 5,740,075    
Beginning Balance at Dec. 31, 2019   2,500 5,142,936 (46,693) 428,612 5,527,355 (1,392) [2] (1,392) [2]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Return of capital     (207,000)     (207,000)    
Comprehensive income:                
Net income (loss)       (820,788)   (820,788)    
Other comprehensive income (loss), net of tax         1,010,888 1,010,888    
Total comprehensive income (loss)           190,100    
Ending Balance at Mar. 31, 2020   2,500 4,935,936 (868,873) 1,439,500 5,509,063    
Beginning Balance at Dec. 31, 2019   2,500 5,142,936 (46,693) 428,612 5,527,355 $ (1,392) [2] $ (1,392) [2]
Comprehensive income:                
Net income (loss) (2,577,002)              
Other comprehensive income (loss), net of tax 1,206,320              
Ending Balance at Jun. 30, 2020   2,500 4,762,936 (2,625,087) 1,634,932 3,775,281    
Beginning Balance at Mar. 31, 2020   2,500 4,935,936 (868,873) 1,439,500 5,509,063    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Return of capital     (173,000)     (173,000)    
Comprehensive income:                
Net income (loss) (1,756,214)     (1,756,214)   (1,756,214)    
Other comprehensive income (loss), net of tax $ 195,432       195,432 195,432    
Total comprehensive income (loss)           (1,560,782)    
Ending Balance at Jun. 30, 2020   $ 2,500 $ 4,762,936 $ (2,625,087) $ 1,634,932 $ 3,775,281    
[1] Includes the impact from the adoption of ASU 2017-08 and 2017-12. See Note 2 to the Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 for additional information.
[2] Includes the impact from the adoption of ASU 2016-13. See Note 2.