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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Preferred Stock
Surplus
Retained earnings
Treasury Stock
Accumulated other comprehensive income (loss)
Beginning Balance at Dec. 31, 2017 $ 5,103,905 $ 1,042 $ 50,160 $ 4,298,503 $ 1,194,994 $ (90,142) $ (350,652)
Increase Decrease In Stockholders Equity [Roll Forward]              
Net income 511,755       511,755    
Issuance of stock 2,565 1   2,564      
Dividends declared:              
Common stock [1] (76,200)       (76,200)    
Preferred stock (2,792)       (2,792)    
Common stock purchases (127,443)     (23,020) [2]   (104,423)  
Common stock reissuance 2,151     143   2,008  
Stock based compensation 12,010     3,325   8,685  
Other comprehensive loss, net of tax (183,537)           (183,537)
Ending Balance at Sep. 30, 2018 5,244,349 1,043 50,160 4,281,515 1,629,692 (183,872) (534,189)
Beginning Balance at Jun. 30, 2018 5,289,661 1,043 50,160 4,302,946 1,515,058 (82,754) (496,792)
Increase Decrease In Stockholders Equity [Roll Forward]              
Net income 140,648       140,648    
Issuance of stock 822     822      
Dividends declared:              
Common stock [3] (25,084)       (25,084)    
Preferred stock (930)       (930)    
Common stock purchases (125,099)     (23,020)   (102,079)  
Common stock reissuance 814     103   711  
Stock based compensation 914     664   250  
Other comprehensive loss, net of tax (37,397)           (37,397)
Ending Balance at Sep. 30, 2018 5,244,349 1,043 50,160 4,281,515 1,629,692 (183,872) (534,189)
Increase Decrease In Stockholders Equity [Roll Forward]              
Cumulative effect of accounting change 1,935       1,935    
Beginning Balance at Dec. 31, 2018 5,435,057 1,043 50,160 4,365,606 1,651,731 (205,509) (427,974)
Increase Decrease In Stockholders Equity [Roll Forward]              
Net income 504,350       504,350    
Issuance of stock 2,633 1   2,632      
Dividends declared:              
Common stock [1] (86,996)       (86,996)    
Preferred stock (2,792)       (2,792)    
Common stock purchases [2] (256,006)     (52,670)   (203,336)  
Common stock reissuance 3,890     274   3,616  
Stock based compensation 14,313     1,714   12,599  
Other comprehensive loss, net of tax 289,094           289,094
Ending Balance at Sep. 30, 2019 5,908,448 1,044 50,160 4,317,556 2,071,198 (392,630) (138,880)
Beginning Balance at Jun. 30, 2019 5,719,834 1,044 50,160 4,316,225 1,935,826 (392,208) (191,213)
Increase Decrease In Stockholders Equity [Roll Forward]              
Net income 165,319       165,319    
Issuance of stock 909 0   909      
Dividends declared:              
Common stock [3] (29,017)       (29,017)    
Preferred stock (930)       (930)    
Common stock purchases (1,367)         (1,367)  
Common stock reissuance 964     50   914  
Stock based compensation 403     372   31  
Other comprehensive loss, net of tax 52,333           52,333
Ending Balance at Sep. 30, 2019 5,908,448 $ 1,044 $ 50,160 $ 4,317,556 2,071,198 $ (392,630) $ (138,880)
Increase Decrease In Stockholders Equity [Roll Forward]              
Cumulative effect of accounting change $ 4,905       $ 4,905    
[1] Dividends declared per common share during the nine months ended September 30, 2019 - $0.90 (2018 - $0.75).
[2] On February 28, 2019, the Corporation entered into a $250 million accelerated share repurchase transaction with respect to its common stock, which was accounted for as a treasury stock transaction. Refer to Note 19 for additional information.
[3] Dividends declared per common share during the quarter ended September 30, 2019 - $0.30 (2018 - $0.25).