The following tables display the components of other comprehensive income (loss) and amounts reclassified from accumulated other comprehensive income (loss) to net income:


	Investment			Defined Benefit						Total Amount				Income
	Securities			Plans			Other			Before Tax				Tax			Net
	(In thousands)
Balance — January 1, 2022	$	104,691		$	(360,276	)	$	83,531		$	(172,054	)		$	44,476		$	(127,578	)
Other comprehensive income before reclassifications:
Unrealized holding losses, net		(550,648	)		—			—			(550,648	)			142,546			(408,102	)
Foreign currency translation adjustment		—			—			(7,845	)		(7,845	)			2,058			(5,787	)
Unrealized losses on cash flow hedges		—			—			(461,033	)		(461,033	)			119,360			(341,673	)
Current year benefit plans gains		—			71,262			—			71,262				(18,309	)		52,953
Total other comprehensive income (loss) before reclassifications		(550,648	)		71,262			(468,878	)		(948,264	)			245,655			(702,609	)
Amounts reclassified from accumulated other comprehensive income that (increase) decrease net income:
Amortization of unrealized holding losses on held-to-maturity securities		1,765			—			—			1,765		(a)		(456	)		1,309
Accretion of net gain on terminated cash flow hedges		—			—			(120	)		(120	)	(c)		31			(89	)
Net yield adjustment from cash flow hedges currently in effect		—			—			36,338			36,338		(a)		(9,407	)		26,931
Amortization of prior service credit		—			(2,256	)		—			(2,256	)	(d)		579			(1,677	)
Amortization of actuarial losses		—			18,414			—			18,414		(d)		(4,731	)		13,683
Total other comprehensive income (loss)		(548,883	)		87,420			(432,660	)		(894,123	)			231,671			(662,452	)
Balance — December 31, 2022	$	(444,192	)	$	(272,856	)	$	(349,129	)	$	(1,066,177	)		$	276,147		$	(790,030	)

Balance — January 1, 2021	$	195,386		$	(650,087	)	$	369,558		$	(85,143	)		$	22,111		$	(63,032	)
Other comprehensive income before reclassifications:
Unrealized holding losses, net		(95,114	)		—			—			(95,114	)			24,870			(70,244	)
Foreign currency translation adjustment		—			—			(1,218	)		(1,218	)			356			(862	)
Unrealized losses on cash flow hedges		—			—			(32,292	)		(32,292	)			8,410			(23,882	)
Current year benefit plans gains		—			206,274			—			206,274				(54,016	)		152,258
Total other comprehensive income (loss) before reclassifications		(95,114	)		206,274			(33,510	)		77,650				(20,380	)		57,270
Amounts reclassified from accumulated other comprehensive income that (increase) decrease net income:
Amortization of unrealized holding losses on held-to-maturity securities		4,427			—			—			4,427		(a)		(1,154	)		3,273
Gains realized in net income		(8	)		—			—			(8	)	(b)		2			(6	)
Accretion of net gain on terminated cash flow hedges		—			—			(120	)		(120	)	(c)		32			(88	)
Net yield adjustment from cash flow hedges currently in effect		—			—			(252,397	)		(252,397	)	(a)		65,741			(186,656	)
Amortization of prior service credit		—			(4,185	)		—			(4,185	)	(d)		1,095			(3,090	)
Amortization of actuarial losses		—			87,722			—			87,722		(d)		(22,971	)		64,751
Total other comprehensive income (loss)		(90,695	)		289,811			(286,027	)		(86,911	)			22,365			(64,546	)
Balance — December 31, 2021	$	104,691		$	(360,276	)	$	83,531		$	(172,054	)		$	44,476		$	(127,578	)


	Investment			Defined Benefit						Total Amount				Income
	Securities			Plans			Other			Before Tax				Tax			Net
	(In thousands)
Balance — January 1, 2020	$	50,701		$	(464,548	)	$	133,888		$	(279,959	)		$	73,279		$	(206,680	)
Other comprehensive income before reclassifications:
Unrealized holding gains, net		141,081			—			—			141,081				(36,498	)		104,583
Foreign currency translation adjustment		—			—			2,724			2,724				(440	)		2,284
Unrealized gains on cash flow hedges		—			—			505,042			505,042				(130,432	)		374,610
Current year benefit plans losses		—			(238,218	)		—			(238,218	)			60,208			(178,010	)
Total other comprehensive income (loss) before reclassifications		141,081			(238,218	)		507,766			410,629				(107,162	)		303,467
Amounts reclassified from accumulated other comprehensive income that (increase) decrease net income:
Amortization of unrealized holding losses on held-to-maturity securities		3,606			—			—			3,606		(a)		(966	)		2,640
Gains realized in net income		(2	)		—			—			(2	)	(b)		1			(1	)
Accretion of net gain on terminated cash flow hedges		—			—			(125	)		(125	)	(c)		34			(91	)
Net yield adjustment from cash flow hedges currently in effect		—			—			(271,971	)		(271,971	)	(a)		70,239			(201,732	)
Amortization of prior service credit		—			(4,181	)		—			(4,181	)	(d)		1,057			(3,124	)
Amortization of actuarial losses		—			56,860			—			56,860		(d)		(14,371	)		42,489
Total other comprehensive income (loss)		144,685			(185,539	)		235,670			194,816				(51,168	)		143,648
Balance — December 31, 2020	$	195,386		$	(650,087	)	$	369,558		$	(85,143	)		$	22,111		$	(63,032	)

(a)

Included in interest income.

(b)

Included in gain (loss) on bank investment securities.

(c)

Included in interest expense.

(d)

Included in other costs of operations.