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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Statement of Income and Comprehensive Income        
Net Income $ 140,648 $ 20,664 $ 511,755 $ 209,835
Other comprehensive income (loss) before tax:        
Reclassification to retained earnings due to cumulative effect of accounting change [1] 0 0 (605) 0
Foreing currency translation adjustment [1] (605) (390) (3,968) (1,839)
Amortization of net losses of pension and postretirement benefit plans 5,386 5,606 16,157 16,819
Amortization of prior service credit of pension and postretirement benefit plans (868) (950) (2,603) (2,850)
Unrealized holding (losses) gains on debt securities arising during the period (43,781) 9,180 (201,193) 14,912
Other-than-temporary impairment included in net income 0 0 0 8,299
Reclassification adjustment for gains included in net income 0 (83) 0 (83)
Unrealized holding gains on equity securities arising during the period 0 60 0 225
Reclassification adjustment for gains included in net income 0 (20) 0 (201)
Unrealized net gains (losses) on cash flow hedges 341 (410) 1,296 (1,424)
Reclassification adjustment for net losses (gains) included in net income 147 232 (870) 2,122
Other comprehensive (loss) income before tax (39,380) 13,225 (191,786) 35,980
Income tax benefit (expense) 1,983 (1,614) 8,249 (7,026)
Total other comprehensive (loss) income, net of tax (37,397) 11,611 (183,537) 28,954
Comprehensive income, net of tax $ 103,251 $ 32,275 $ 328,218 $ 238,789
[1]
All amounts presented are net of tax.