XML 76 R8.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements Of Equity - USD ($)
Total
Preferred Stock
Class A Preferred Stock
Common Stock
Capital Surplus
Undivided Profits
Accumulated Other Comprehensive Income/(Loss)
Noncontrolling Interest
Balance, at Dec. 31, 2011 $ 2,674,018,000 $ 0 $ 160,918,000 $ 1,601,346,000 $ 746,745,000 $ (130,156,000) [1] $ 295,165,000
Balance, shares at Dec. 31, 2011 257,468,000            
Net income/(loss) $ (15,352,000) 0 0 0 (26,816,000) 0 [1] 11,464,000
Fair value adjustments, net of tax:              
Securities available-for-sale (11,819,000) 0 0 0 0 (11,819,000) [1] 0
Pension and postretirement plans:              
Net actuarial gain/(loss) arising during the period (27,204,000) 0 0 0 0 (27,204,000) [1] 0
Prior service credit/(cost) arising during the period 0            
Amortization of prior service cost, transition asset/obligation, and net actuarial gain/(loss) included in net periodic benefit cost 22,836,000 0 0 0 0 22,836,000 [1] 0
Comprehensive income/(loss) (31,539,000) 0 0 0 (26,816,000) (16,187,000) [1] 11,464,000
Cash dividends declared:              
Preferred stock ($6,200 per share for 2014 and $5,838 per share for 2013) 0            
Common stock ($.20 per share for 2014 and 2013 and $.04 per share for 2012) (9,933,000) 0 0 0 (9,933,000) 0 [1] 0
Common stock repurchased $ (133,757,000) [2] 0 $ (9,064,000) [2] (124,693,000) [2] 0 [2] 0 [1],[2] 0 [2]
Common stock repurchased, shares (14,502,000)   (14,502,000)        
Common stock issued for:              
Stock options and restricted stock-equity awards $ 144,000 0 $ 395,000 (251,000) 0 0 [1] 0
Stock options and restricted stock - equity awards, shares 632,000   632,000        
Tax benefit reversals-stock-based compensation plans $ (4,140,000) 0 $ 0 (4,140,000) 0 0 [1] 0
Stock-based compensation expense 16,201,000 0 0 16,201,000 0 0 [1] 0
Dividends declared-noncontrolling interest of subsidiary preferred stock (11,464,000) 0 0 0 0 0 [1] (11,464,000)
Balance, at Dec. 31, 2012 $ 2,499,530,000 0 152,249,000 1,488,463,000 709,996,000 (146,343,000) [1] 295,165,000
Balance, shares at Dec. 31, 2012 243,598,000            
Net income/(loss) $ 38,369,000 0 0 0 26,904,000 0 [1] 11,465,000
Fair value adjustments, net of tax:              
Securities available-for-sale (66,491,000) 0 0 0 0 (66,491,000) [1] 0
Pension and postretirement plans:              
Net actuarial gain/(loss) arising during the period 50,064,000 0 0 0 0 50,064,000 [1] 0
Prior service credit/(cost) arising during the period 6,563,000 0 0 0 0 6,563,000 [1] 0
Amortization of prior service cost, transition asset/obligation, and net actuarial gain/(loss) included in net periodic benefit cost 6,198,000 0 0 0 0 6,198,000 [1] 0
Comprehensive income/(loss) 34,703,000 0 0 0 26,904,000 (3,666,000) [1] 11,465,000
Preferred stock issuance (1,000 shares issued at $100,000 per share net of offering costs) 95,624,000 95,624,000 0 0 0 0 [1] 0
Cash dividends declared:              
Preferred stock ($6,200 per share for 2014 and $5,838 per share for 2013) (5,838,000) 0 0 0 (5,838,000) 0 [1] 0
Common stock ($.20 per share for 2014 and 2013 and $.04 per share for 2012) (48,302,000) 0 0 0 (48,302,000) 0 [1] 0
Common stock repurchased $ (91,448,000) [2] 0 $ (5,223,000) [2] (86,225,000) [2] 0 [2] 0 [1],[2] 0 [2]
Common stock repurchased, shares (8,356,000)   (8,356,000)        
Common stock issued for:              
Stock options and restricted stock-equity awards $ 659,000 0 $ 705,000 (46,000) 0 0 [1] 0
Stock options and restricted stock - equity awards, shares 1,128,000   1,128,000        
Tax benefit reversals-stock-based compensation plans $ (1,569,000) 0 $ 0 (1,569,000) 0 0 [1] 0
Stock-based compensation expense 16,144,000 0 0 16,144,000 0 0 [1] 0
Dividends declared-noncontrolling interest of subsidiary preferred stock (11,465,000) 0 0 0 0 0 [1] (11,465,000)
Acquired noncontrolling interest - REIT 174,000 0 0 0 0 0 [1] 174,000
Other changes in equity 73,000 0 0 0 73,000 0 [1] 0
Balance, at Dec. 31, 2013 $ 2,488,377,000 95,624,000 147,731,000 1,416,767,000 682,833,000 (150,009,000) [1] 295,431,000
Balance, shares at Dec. 31, 2013 236,370,000            
Common stock issued for:              
Real estate investment trust ("REIT") preferred stock issuance $ 92,000 0 0 0 0 0 92,000
Net income/(loss) 234,046,000 0 0 0 222,519,000 0 [1] 11,527,000
Securities available-for-sale 29,822,000 0 0 0 0 29,822,000 [1] 0
Net actuarial gain/(loss) arising during the period (71,173,000) 0 0 0 0 (71,173,000) [1] 0
Prior service credit/(cost) arising during the period 0            
Amortization of prior service cost, transition asset/obligation, and net actuarial gain/(loss) included in net periodic benefit cost 3,114,000 0 0 0 0 3,114,000 [1] 0
Comprehensive income/(loss) 195,809,000 0 0 0 222,519,000 (38,237,000) [1] 11,527,000
Preferred stock ($6,200 per share for 2014 and $5,838 per share for 2013) (6,200,000) 0 0 0 (6,200,000) 0 [1] 0
Common stock ($.20 per share for 2014 and 2013 and $.04 per share for 2012) (47,567,000) 0 0 0 (47,567,000) 0 [1] 0
Common stock repurchased $ (43,579,000) [2] 0 $ (2,221,000) [2] (41,358,000) [2] 0 [2] 0 [1],[2] 0 [2]
Common stock repurchased, shares (3,554,000)   (3,554,000)        
Stock options and restricted stock-equity awards $ 2,146,000 0 $ 877,000 1,269,000 0 0 [1] 0
Stock options and restricted stock - equity awards, shares 1,404,000   1,404,000        
Tax benefit reversals-stock-based compensation plans $ (7,220,000) 0 $ 0 (7,220,000) 0 0 [1] 0
Stock-based compensation expense 11,351,000 0 0 11,351,000 0 0 [1] 0
Dividends declared-noncontrolling interest of subsidiary preferred stock (11,527,000) 0 0 0 0 0 [1] (11,527,000)
Balance, at Dec. 31, 2014 $ 2,581,590,000 $ 95,624,000 $ 146,387,000 $ 1,380,809,000 $ 851,585,000 $ (188,246,000) [1] $ 295,431,000
Balance, shares at Dec. 31, 2014 234,220,000            
[1] Due to the nature of the preferred stock issued by FHN's subsidiaries, all components of other comprehensive income/(loss) have been attributed solely to FHN as the controlling interest holder.
[2] 2014 includes $38.5 million repurchased under the share repurchase program launched in 2014. 2013 and 2012 include $87.6 million, and $131.0 million, respectively, repurchased under the share repurchase program which was active from October 2011 to January 2014.