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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Preferred Stock
Capital Surplus
Undivided Profits
Accumulated Other Comprehensive Income/(Loss)
[1]
Noncontrolling Interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Adjustment to reflect adoption of ASU | Accounting Standards Update 2016-09       $ 230 $ (230)    
Balance as adjusted $ 2,705,084 $ 146,015 $ 95,624 1,386,866 1,028,802 $ (247,654) $ 295,431
Beginning balance (in shares) at Dec. 31, 2016   233,624          
Beginning balance at Dec. 31, 2016 2,705,084 $ 146,015 95,624 1,386,636 1,029,032 (247,654) 295,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income/(loss) 176,980       165,515   11,465
Other comprehensive income/(loss) (17,625)         (17,625)  
Comprehensive income/(loss) 159,355       165,515 (17,625) 11,465
Cash dividends declared:              
Preferred stock (6,200)       (6,200)    
Common stock (85,174) [2]       (85,174)    
Common stock repurchased (in shares)   (297)          
Common stock repurchased (5,554) $ (185)   (5,369)      
Common stock issued for:              
Stock options and restricted stock - equity awards (in shares)   1,107          
Stock options and restricted stock - equity awards 6,092 $ 692   5,400      
Equity issued for acquisitions (in shares)   92,302          
Equity issued for acquisitions 1,797,723 $ 57,689   1,740,034      
Stock-based compensation expense 20,627     20,627      
Dividends declared - noncontrolling interest of subsidiary preferred stock (11,465)           (11,465)
Other       55 (55)    
Ending balance (in shares) at Dec. 31, 2017   326,736          
Ending balance at Dec. 31, 2017 4,580,488 $ 204,211 95,624 3,147,613 1,102,888 (265,279) 295,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Adjustment to reflect adoption of ASU | Accounting Standards Update 2018-02         57,546 (57,546)  
Adjustment to reflect adoption of ASU | Accounting Standards Update 2016-01 and 2017-12 67       278 (211)  
Balance, as adjusted for ASU 2018-02 4,580,488 204,211 95,624 3,147,613 1,160,434 (322,825) 295,431
Balance as adjusted 4,580,555 $ 204,211 95,624 3,147,613 1,160,712 (323,036) 295,431
Net income/(loss) 556,507       545,042   11,465
Other comprehensive income/(loss) (53,580)         (53,580)  
Comprehensive income/(loss) 502,927       545,042 (53,580) 11,465
Cash dividends declared:              
Preferred stock (6,200)       (6,200)    
Common stock (157,146)       (157,146)    
Common stock repurchased (in shares) [2]   (6,708)          
Common stock repurchased [2] (104,768) $ (4,192)   (100,576)      
Common stock issued for:              
Stock options and restricted stock - equity awards (in shares)   926          
Stock options and restricted stock - equity awards 4,480 $ 578   3,902      
Equity issued for acquisitions (in shares) [3]   (2,374)          
Equity issued for acquisitions [3] (46,041) $ (1,484)   (44,557)      
Stock-based compensation expense 23,171     23,171      
Dividends declared - noncontrolling interest of subsidiary preferred stock (11,465)           (11,465)
Other (in shares)   (7)          
Other (133) $ (5)   (128)      
Ending balance (in shares) at Dec. 31, 2018   318,573          
Ending balance at Dec. 31, 2018 4,785,380 $ 199,108 95,624 3,029,425 1,542,408 (376,616) 295,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Adjustment to reflect adoption of ASU | Accounting Standards Update 2016-02 (1,011)       (1,011)    
Balance as adjusted 4,784,369 $ 199,108 95,624 3,029,425 1,541,397 (376,616) 295,431
Net income/(loss) 452,373       440,908   11,465
Other comprehensive income/(loss) 137,008         137,008  
Comprehensive income/(loss) 589,381       440,908 137,008 11,465
Cash dividends declared:              
Preferred stock (6,200)       (6,200)    
Common stock (177,663)       (177,663)    
Common stock repurchased (in shares) [2]   (9,100)          
Common stock repurchased [2] (134,813) $ (5,687)   (129,126)      
Common stock issued for:              
Stock options and restricted stock - equity awards (in shares)   1,996          
Stock options and restricted stock - equity awards 9,669 $ 1,247   8,422      
Stock-based compensation expense 22,730     22,730      
Dividends declared - noncontrolling interest of subsidiary preferred stock (11,465)           (11,465)
Ending balance (in shares) at Dec. 31, 2019   311,469          
Ending balance at Dec. 31, 2019 $ 5,076,008 $ 194,668 $ 95,624 $ 2,931,451 $ 1,798,442 $ (239,608) $ 295,431
[1]
Due to the nature of the preferred stock issued by FHN and its subsidiaries, all components of Other comprehensive income/(loss) have been attributed solely to FHN as the controlling interest holder.
[2]
2019 and 2018 include $129.9 million and $99.4 million, respectively, repurchased under share repurchase programs.
[3]
See Note 2- Acquisitions and Divestitures for additional information.