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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of Income and Comprehensive Income      
Net income $ 934,889 $ 506,622 $ 671,135
Reclassification to retained earnings due to cumulative effect of accounting change 0 0 (50)
Other comprehensive income (loss) before tax:      
Foreing currency translation adjustment 3,947 (14,471) (6,847)
Adjustment of pension and postretirement benefit plans 36,950 (9,032) (21,874)
Amortization of net losses 20,749 21,447 23,508
Unrealized holding (losses) gains on debt securities arising during the period (619,470) 419,993 286,063
Reclassification adjustment for (gains) losses included in net income (23) (41) 20
Unrealized net gains (losses) on cash flow hedges 539 (8,872) (5,741)
Reclassification adjustment for net losses included in net income 1,847 6,379 3,882
Other comprehensive (loss) income before tax (555,461) 415,403 278,961
Income tax benefit (expense) 40,401 (55,474) (20,925)
Total other comprehensive (loss) income, net of tax (515,060) 359,929 258,036
Comprehensive income, net of tax $ 419,829 $ 866,551 $ 929,171