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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Statement of Income and Comprehensive Income        
Net income $ 218,079 $ 127,628 $ 480,711 $ 161,930
Other comprehensive income (loss) before tax:        
Foreing currency translation adjustment 2,726 (10,857) 3,295 (12,675)
Amortization of net losses of pension and postretirement benefit plans 5,189 5,362 10,379 10,724
Unrealized holding gains (losses) on debt securities arising during the period 76,913 13,650 (320,414) 460,767
Unrealized net (losses) gains on cash flow hedges (602) (580) 1,621 (5,282)
Reclassification adjustment for net losses included in net income 280 2,187 189 3,514
Other comprehensive income (loss) before tax 84,506 9,762 (304,930) 457,048
Income tax (expense) benefit (5,459) (1,036) 19,248 (67,761)
Total other comprehensive income (loss), net of tax 79,047 8,726 (285,682) 389,287
Comprehensive income, net of tax $ 297,126 $ 136,354 $ 195,029 $ 551,217