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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Statement of Income and Comprehensive Income        
Net income $ 165,319 $ 140,648 $ 504,350 $ 511,755
Reclassification to retained earnings due to cumulative effect of accounting change 0 0 (50) (605)
Other comprehensive income (loss) before tax:        
Foreing currency translation adjustment 155 (605) (2,287) (3,968)
Amortization of net losses of pension and postretirement benefit plans 5,877 5,386 17,629 16,157
Amortization of prior service credit of pension and postretirement benefit plans 0 (868) 0 (2,603)
Unrealized holding gains (losses) on debt securities arising during the period 53,553 (43,781) 306,857 (201,193)
Reclassification adjustment for (gains) losses included in net income (loss) (20) 0 (20) 0
Unrealized net (losses) gains on cash flow hedges (3,538) 341 (5,358) 1,296
Reclassification adjustment for net losses (gains) included in net income 1,221 147 3,142 (870)
Other comprehensive income (loss) before tax 57,288 (39,380) 319,953 (191,786)
Income tax (expense) benefit (4,955) 1,983 (30,859) 8,249
Total other comprehensive income (loss), net of tax 52,333 (37,397) 289,094 (183,537)
Comprehensive income (loss), net of tax $ 217,652 $ 103,251 $ 793,444 $ 328,218