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Unaudited Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Non-cumulative preferred shares
Common shares
Additional paid-in capital
Retained earnings
Retained earnings
Cumulative effect of an accounting change
Retained earnings
Balance at beginning of period, as adjusted
Accumulated other comprehensive income (loss), net of deferred income tax
Unrealized appreciation (decline) in value of available-for-sale securities, net of deferred income tax
Foreign currency translation adjustments, net of deferred income tax
Common shares held in treasury, at cost
Balance at beginning of period at Dec. 31, 2018   $ 780,000 $ 634 $ 1,793,781 $ 9,426,299 $ 0 $ 9,426,299 $ (178,720) $ (114,178) $ (64,542) $ (2,382,167)
Common shares issued, net     4                
Amortization of share-based compensation       39,515              
Other changes       14,653              
Net income (loss) $ 981,343       981,343            
Net (income) loss attributable to noncontrolling interests (63,861)       (63,861)            
Preferred share dividends (20,806)       (20,806)            
Unrealized holding gains (losses) during period, net of reclassification adjustment                 382,794    
Unrealized holding gains (losses) during period attributable to noncontrolling interests                 (6,989)    
Foreign currency translation adjustments 9,783                 9,783  
Foreign currency translation adjustments attributable to noncontrolling interests                   (41)  
Shares repurchased for treasury (2,900)                   (18,870)
Balance at end of period at Jun. 30, 2019 10,757,352 780,000 638 1,847,949 10,322,975     206,827 261,627 (54,800) (2,401,037)
Non-redeemable noncontrolling interests, end of period at Jun. 30, 2019 855,347                    
Total shareholders’ equity at Jun. 30, 2019 11,612,699                    
Balance at beginning of period at Mar. 31, 2019   780,000 636 1,819,605 9,864,424 0 9,864,424 38,323 97,202 (58,879) (2,388,392)
Common shares issued, net     2                
Amortization of share-based compensation       13,607              
Other changes       14,737              
Net income (loss) 485,845       485,845            
Net (income) loss attributable to noncontrolling interests (16,891)       (16,891)            
Preferred share dividends (10,403)       (10,403)            
Unrealized holding gains (losses) during period, net of reclassification adjustment                 167,128    
Unrealized holding gains (losses) during period attributable to noncontrolling interests                 (2,703)    
Foreign currency translation adjustments 4,267                 4,267  
Foreign currency translation adjustments attributable to noncontrolling interests                   (188)  
Shares repurchased for treasury                     (12,645)
Balance at end of period at Jun. 30, 2019 10,757,352 780,000 638 1,847,949 10,322,975     206,827 261,627 (54,800) (2,401,037)
Non-redeemable noncontrolling interests, end of period at Jun. 30, 2019 855,347                    
Total shareholders’ equity at Jun. 30, 2019 $ 11,612,699                    
Accounting Standards Update us-gaap:AccountingStandardsUpdate201613Member                    
Balance at beginning of period at Dec. 31, 2019 $ 11,497,371 780,000 638 1,889,683 11,021,006 (22,452) 10,998,554 212,091 258,486 (46,395) (2,406,047)
Common shares issued, net     4                
Amortization of share-based compensation       41,210              
Other changes       4,621              
Net income (loss) 377,715       377,715            
Net (income) loss attributable to noncontrolling interests 65,223       65,223            
Preferred share dividends (20,806)       (20,806)            
Unrealized holding gains (losses) during period, net of reclassification adjustment                 146,889    
Unrealized holding gains (losses) during period attributable to noncontrolling interests                 13,112    
Foreign currency translation adjustments (22,438)                 (22,438)  
Foreign currency translation adjustments attributable to noncontrolling interests                   (166)  
Shares repurchased for treasury (75,500)                   (88,458)
Balance at end of period at Jun. 30, 2020 11,991,825 780,000 642 1,935,514 11,420,686     349,488 418,487 (68,999) (2,494,505)
Non-redeemable noncontrolling interests, end of period at Jun. 30, 2020 679,089                    
Total shareholders’ equity at Jun. 30, 2020 12,670,914                    
Balance at beginning of period at Mar. 31, 2020   780,000 642 1,921,487 11,132,268 $ 0 $ 11,132,268 21,944 113,149 (91,205) (2,489,097)
Common shares issued, net     0                
Amortization of share-based compensation       13,160              
Other changes       867              
Net income (loss) 466,389       466,389            
Net (income) loss attributable to noncontrolling interests (167,568)       (167,568)            
Preferred share dividends (10,403)       (10,403)            
Unrealized holding gains (losses) during period, net of reclassification adjustment                 325,405    
Unrealized holding gains (losses) during period attributable to noncontrolling interests                 (20,067)    
Foreign currency translation adjustments 22,251                 22,251  
Foreign currency translation adjustments attributable to noncontrolling interests                   (45)  
Shares repurchased for treasury                     (5,408)
Balance at end of period at Jun. 30, 2020 11,991,825 $ 780,000 $ 642 $ 1,935,514 $ 11,420,686     $ 349,488 $ 418,487 $ (68,999) $ (2,494,505)
Non-redeemable noncontrolling interests, end of period at Jun. 30, 2020 679,089                    
Total shareholders’ equity at Jun. 30, 2020 $ 12,670,914