XML 42 R23.htm IDEA: XBRL DOCUMENT v3.6.0.2
Comprehensive income
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Comprehensive income

15.    Comprehensive income

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

 

 

 

Investment Securities

 

 

Defined

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

With

OTTI (a)

 

 

All

Other

 

 

Benefit

Plans

 

 

Other

 

 

Amount

Before Tax

 

 

 

Income

Tax

 

 

Net

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance — January 1, 2016

 

$

16,359

 

 

$

62,849

 

 

$

(489,660

)

 

$

(4,093

)

 

$

(414,545

)

 

 

$

162,918

 

 

$

(251,627

)

Other comprehensive income

   before reclassifications:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized holding gains

   (losses), net

 

 

30,366

 

 

 

(110,316

)

 

 

 

 

 

 

 

 

(79,950

)

 

 

 

31,509

 

 

 

(48,441

)

Foreign currency translation

   adjustment

 

 

 

 

 

 

 

 

 

 

 

(4,020

)

 

 

(4,020

)

 

 

 

1,406

 

 

 

(2,614

)

Current year benefit plans

   gains

 

 

 

 

 

 

 

 

14,125

 

 

 

 

 

 

14,125

 

 

 

 

(5,557

)

 

 

8,568

 

Total other comprehensive income

   (loss) before reclassifications

 

 

30,366

 

 

 

(110,316

)

 

 

14,125

 

 

 

(4,020

)

 

 

(69,845

)

 

 

 

27,358

 

 

 

(42,487

)

Amounts reclassified from

   accumulated other comprehensive

   income that (increase) decrease

   net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of unrealized

   holding losses on held-to-

   maturity ("HTM") securities

 

 

 

 

 

3,996

 

 

 

 

 

 

 

 

 

3,996

 

(b)

 

 

(1,572

)

 

 

2,424

 

Gains realized in net income

 

 

 

 

 

(30,314

)

 

 

 

 

 

 

 

 

(30,314

)

(c)

 

 

11,925

 

 

 

(18,389

)

Accretion of net gain on

   terminated cash flow hedges

 

 

 

 

 

 

 

 

 

 

 

(155

)

 

 

(155

)

(d)

 

 

61

 

 

 

(94

)

Amortization of prior service

   credit

 

 

 

 

 

 

 

 

(4,587

)

 

 

 

 

 

(4,587

)

(e)

 

 

1,805

 

 

 

(2,782

)

Amortization of actuarial

   losses

 

 

 

 

 

 

 

 

30,205

 

 

 

 

 

 

30,205

 

(e)

 

 

(11,886

)

 

 

18,319

 

Total reclassifications

 

 

 

 

 

(26,318

)

 

 

25,618

 

 

 

(155

)

 

 

(855

)

 

 

 

333

 

 

 

(522

)

Total gain (loss) during the period

 

 

30,366

 

 

 

(136,634

)

 

 

39,743

 

 

 

(4,175

)

 

 

(70,700

)

 

 

 

27,691

 

 

 

(43,009

)

Balance — December 31, 2016

 

$

46,725

 

 

$

(73,785

)

 

$

(449,917

)

 

$

(8,268

)

 

$

(485,245

)

 

 

$

190,609

 

 

$

(294,636

)

 

 

 

Investment Securities

 

 

Defined

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

With

OTTI (a)

 

 

All

Other

 

 

Benefit

Plans

 

 

Other

 

 

Amount

Before Tax

 

 

 

Income

Tax

 

 

Net

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance — January 1, 2015

 

$

7,438

 

 

$

201,828

 

 

$

(503,027

)

 

$

(4,082

)

 

$

(297,843

)

 

 

$

116,849

 

 

$

(180,994

)

Other comprehensive income

   before reclassifications:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized holding gains

   (losses), net

 

 

8,921

 

 

 

(142,623

)

 

 

 

 

 

 

 

 

(133,702

)

 

 

 

52,376

 

 

 

(81,326

)

Foreign currency translation

   adjustment

 

 

 

 

 

 

 

 

 

 

 

(1,323

)

 

 

(1,323

)

 

 

 

398

 

 

 

(925

)

Gains on cash flow hedges

 

 

 

 

 

 

 

 

 

 

 

1,453

 

 

 

1,453

 

 

 

 

(572

)

 

 

881

 

Current year benefit plans

   losses

 

 

 

 

 

 

 

 

(24,200

)

 

 

 

 

 

(24,200

)

 

 

 

8,612

 

 

 

(15,588

)

Total other comprehensive income

   (loss) before reclassifications

 

 

8,921

 

 

 

(142,623

)

 

 

(24,200

)

 

 

130

 

 

 

(157,772

)

 

 

 

60,814

 

 

 

(96,958

)

Amounts reclassified from

   accumulated other comprehensive

   income that (increase) decrease

   net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of unrealized

   holding losses on HTM

   securities

 

 

 

 

 

3,514

 

 

 

 

 

 

 

 

 

3,514

 

(b)

 

 

(1,383

)

 

 

2,131

 

Losses realized in net income

 

 

 

 

 

130

 

 

 

 

 

 

 

 

 

130

 

(c)

 

 

(49

)

 

 

81

 

Accretion of net gain on

   terminated cash flow hedges

 

 

 

 

 

 

 

 

 

 

 

(141

)

 

 

(141

)

(d)

 

 

56

 

 

 

(85

)

Amortization of prior service

   credit

 

 

 

 

 

 

 

 

(7,364

)

 

 

 

 

 

(7,364

)

(e)

 

 

2,620

 

 

 

(4,744

)

Amortization of actuarial

   losses

 

 

 

 

 

 

 

 

44,931

 

 

 

 

 

 

44,931

 

(e)

 

 

(15,989

)

 

 

28,942

 

Total reclassifications

 

 

 

 

 

3,644

 

 

 

37,567

 

 

 

(141

)

 

 

41,070

 

 

 

 

(14,745

)

 

 

26,325

 

Total gain (loss) during the period

 

 

8,921

 

 

 

(138,979

)

 

 

13,367

 

 

 

(11

)

 

 

(116,702

)

 

 

 

46,069

 

 

 

(70,633

)

Balance — December 31, 2015

 

$

16,359

 

 

$

62,849

 

 

$

(489,660

)

 

$

(4,093

)

 

$

(414,545

)

 

 

$

162,918

 

 

$

(251,627

)

 

 

 

Investment Securities

 

 

Defined

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

With

OTTI (a)

 

 

All

Other

 

 

Benefit

Plans

 

 

Other

 

 

Amount

Before Tax

 

 

 

Income

Tax

 

 

Net

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance — January 1, 2014

 

$

37,255

 

 

$

18,450

 

 

$

(161,617

)

 

$

115

 

 

$

(105,797

)

 

 

$

41,638

 

 

$

(64,159

)

Other comprehensive income before

   reclassifications:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized holding gains

   (losses), net

 

 

(29,818

)

 

 

180,005

 

 

 

 

 

 

 

 

 

150,187

 

 

 

 

(58,962

)

 

 

91,225

 

Foreign currency translation

   adjustment

 

 

 

 

 

 

 

 

 

 

 

(4,039

)

 

 

(4,039

)

 

 

 

1,432

 

 

 

(2,607

)

Unrealized losses on cash flow

   hedges

 

 

 

 

 

 

 

 

 

 

 

(165

)

 

 

(165

)

 

 

 

65

 

 

 

(100

)

Current year benefit plans

   losses

 

 

 

 

 

 

 

 

(347,993

)

 

 

 

 

 

(347,993

)

 

 

 

136,587

 

 

 

(211,406

)

Total other comprehensive income

   (loss) before reclassifications

 

 

(29,818

)

 

 

180,005

 

 

 

(347,993

)

 

 

(4,204

)

 

 

(202,010

)

 

 

 

79,122

 

 

 

(122,888

)

Amounts reclassified from

   accumulated other comprehensive

   income that (increase) decrease

   net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of unrealized

   holding losses on HTM

   securities

 

 

1

 

 

 

3,373

 

 

 

 

 

 

 

 

 

3,374

 

(b)

 

 

(1,324

)

 

 

2,050

 

Amortization of losses on

   terminated cash flow hedges

 

 

 

 

 

 

 

 

 

 

 

7

 

 

 

7

 

(d)

 

 

(3

)

 

 

4

 

Amortization of prior service

   credit

 

 

 

 

 

 

 

 

(7,911

)

 

 

 

 

 

(7,911

)

(e)

 

 

3,105

 

 

 

(4,806

)

Amortization of actuarial

   losses

 

 

 

 

 

 

 

 

14,494

 

 

 

 

 

 

14,494

 

(e)

 

 

(5,689

)

 

 

8,805

 

Total reclassifications

 

 

1

 

 

 

3,373

 

 

 

6,583

 

 

 

7

 

 

 

9,964

 

 

 

 

(3,911

)

 

 

6,053

 

Total gain (loss) during the period

 

 

(29,817

)

 

 

183,378

 

 

 

(341,410

)

 

 

(4,197

)

 

 

(192,046

)

 

 

 

75,211

 

 

 

(116,835

)

Balance — December 31, 2014

 

$

7,438

 

 

$

201,828

 

 

$

(503,027

)

 

$

(4,082

)

 

$

(297,843

)

 

 

$

116,849

 

 

$

(180,994

)

 

(a)

Other-than-temporary impairment.

(b)

Included in interest income.

(c)

Included in gain (loss) on bank investment securities.

(d)

Included in interest expense.

(e)

Included in salaries and employee benefits expense.

Accumulated other comprehensive income (loss), net consisted of the following:

 

 

 

Investment securities

 

 

Defined

Benefit

 

 

 

 

 

 

 

 

 

 

 

With OTTI

 

 

All Other

 

 

Plans

 

 

Other

 

 

Total

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2014

 

$

22,632

 

 

$

11,294

 

 

$

(98,182

)

 

$

97

 

 

$

(64,159

)

Net gain (loss) during 2014

 

 

(18,114

)

 

 

111,389

 

 

 

(207,407

)

 

 

(2,703

)

 

 

(116,835

)

Balance at December 31, 2014

 

 

4,518

 

 

 

122,683

 

 

 

(305,589

)

 

 

(2,606

)

 

 

(180,994

)

Net gain (loss) during 2015

 

 

5,403

 

 

 

(84,517

)

 

 

8,610

 

 

 

(129

)

 

 

(70,633

)

Balance at December 31, 2015

 

 

9,921

 

 

 

38,166

 

 

 

(296,979

)

 

 

(2,735

)

 

 

(251,627

)

Net gain (loss) during 2016

 

 

18,417

 

 

 

(82,823

)

 

 

24,105

 

 

 

(2,708

)

 

 

(43,009

)

Balance at December 31, 2016

 

$

28,338

 

 

$

(44,657

)

 

$

(272,874

)

 

$

(5,443

)

 

$

(294,636

)