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Consolidated Statements of Shareholder's Equity - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Treasury Stock
Beginning balance at Dec. 31, 2014 $ 4,697,466 $ 0 $ 134,218 $ 457,613 $ 997,452 $ 3,376,846 $ (268,663)
Increase (Decrease) in Stockholders' Equity              
Comprehensive income (loss) (238,405)       (765,505) 527,100  
Common dividends declared ($.54 in 2015, $.56 in 2016 and $.60 in 2017 a share) (67,182)         (67,182)  
Acquisition of treasury stock (418,526)           (418,526)
Stock-based compensation 28,664     21,813   (2,132) 8,983
Exercise of stock options 53,535     17,577   (36,322) 72,280
Retirement of treasury stock 0   (4,000) (14,719)   (183,941) 202,660
Ending balance at Dec. 31, 2015 4,055,552 0 130,218 482,284 231,947 3,614,369 (403,266)
Increase (Decrease) in Stockholders' Equity              
Comprehensive income (loss) 895,406       345,627 549,779  
Common dividends declared ($.54 in 2015, $.56 in 2016 and $.60 in 2017 a share) (66,968)         (66,968)  
Acquisition of treasury stock (404,784)           (404,784)
Stock-based compensation 26,326     19,659   (2,224) 8,891
Exercise of stock options 61,329       (53,845) 115,174
Retirement of treasury stock 0   (3,000) (11,522)   (150,313) 164,835
Ending balance at Dec. 31, 2016 4,566,861 0 127,218 490,421 577,574 3,890,798 (519,150)
Increase (Decrease) in Stockholders' Equity              
Comprehensive income (loss) 2,048,794       594,300 1,454,494  
Common dividends declared ($.54 in 2015, $.56 in 2016 and $.60 in 2017 a share) (69,494)         (69,494)  
Acquisition of treasury stock (412,989)           (412,989)
Stock-based compensation 37,034     30,190   (606) 7,450
Exercise of stock options 61,215       (38,333) 99,548
Reclassification, Tax Reform [1]         252,400 (252,400)  
Retirement of treasury stock 0   (3,000) (12,135)   (178,251) 193,386
Ending balance at Dec. 31, 2017 $ 6,231,421 $ 0 $ 124,218 $ 508,476 $ 1,424,274 $ 4,806,208 $ (631,755)
[1] Income tax effects of certain items were reclassified from accumulated other comprehensive income to retained earnings to remove stranded tax effects as a result of early adoption of ASU 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. See further discussion in Note 1—Significant Accounting Policies.