XML 82 R33.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Other comprehensive (loss) income | 12 Months Ended
--- | ---
Dec. 31, 2021
Disclosure Of Change In Accumulated Other Comprehensive Income Loss [Abstract] |
Other Comprehensive Income (Loss) | Note 22 – Other comprehensive (loss) income The following table presents changes in accumulated other comprehensive (loss) income by component for the years ended December 31, 2021, 2020 and 2019.
|  | Changes in Accumulated Other Comprehensive (Loss) Income by Component [1]
|  |  |  | Years ended December 31,
(In thousands) |  |  | 2021 |  | 2020 |  | 2019
Foreign currency translation | Beginning Balance | $ | (71,254) | $ | (56,783) | $ | (49,936)
|  | Other comprehensive income (loss) |  | 3,947 |  | (14,471) |  | (6,847)
|  | Net change |  | 3,947 |  | (14,471) |  | (6,847)
|  | Ending balance | $ | (67,307) | $ | (71,254) | $ | (56,783)
Adjustment of pension and postretirement benefit plans | Beginning Balance | $ | (195,056) | $ | (202,816) | $ | (203,836)
|  | Other comprehensive income (loss) before reclassifications |  | 23,094 |  | (5,645) |  | (13,671)
|  | Amounts reclassified from accumulated other comprehensive loss for amortization of net losses |  | 12,968 |  | 13,405 |  | 14,691
|  | Net change |  | 36,062 |  | 7,760 |  | 1,020
|  | Ending balance | $ | (158,994) | $ | (195,056) | $ | (202,816)
Unrealized net holding (losses) gains on debt securities | Beginning Balance | $ | 460,900 | $ | 92,155 | $ | (173,811)
|  | Other comprehensive (loss) income before reclassifications |  | (557,002) |  | 368,780 |  | 265,950
|  | Amounts reclassified from accumulated other comprehensive income (loss) for (gains) losses on securities |  | (18) |  | (35) |  | 16
|  | Net change |  | (557,020) |  | 368,745 |  | 265,966
|  | Ending balance | $ | (96,120) | $ | 460,900 | $ | 92,155
Unrealized net losses on cash flow hedges | Beginning Balance | $ | (4,599) | $ | (2,494) | $ | (391)
|  | Reclassification to retained earnings due to cumulative effect adjustment of accounting change |  | - |  | - |  | (50)
|  | Other comprehensive income (loss) before reclassifications |  | 367 |  | (6,400) |  | (4,439)
|  | Amounts reclassified from accumulated other comprehensive loss |  | 1,584 |  | 4,295 |  | 2,386
|  | Net change |  | 1,951 |  | (2,105) |  | (2,103)
|  | Ending balance | $ | (2,648) | $ | (4,599) | $ | (2,494)
|  | Total | $ | (325,069) | $ | 189,991 | $ | (169,938)
[1] All amounts presented are net of tax. |  |  |  |  |  |
The following table presents the amounts reclassified out of each component of accumulated other comprehensive (loss) income for the years ended December 31, 2021, 2020, and 2019.
|  | Reclassifications Out of Accumulated Other Comprehensive (Loss) Income
|  | Affected Line Item in the | Years ended December 31,
(In thousands) | Consolidated Statements of Operations | 2021 | 2020 | 2019
Adjustment of pension and postretirement benefit plans |  |  |  |  |  |  |
| Amortization of net losses | Other operating expenses | $ | (20,749) | $ | (21,447) | $ | (23,508)
|  | Total before tax |  | (20,749) |  | (21,447) |  | (23,508)
|  | Income tax benefit |  | 7,781 |  | 8,042 |  | 8,817
|  | Total net of tax | $ | (12,968) | $ | (13,405) | $ | (14,691)
Unrealized net holding (losses) gains on debt securities |  |  |  |  |  |  |
| Realized gain (loss) on sale of debt securities | Net gain (loss) on sale of debt securities | $ | 23 | $ | 41 | $ | (20)
|  | Total before tax |  | 23 |  | 41 |  | (20)
|  | Income tax (expense) benefit |  | (5) |  | (6) |  | 4
|  | Total net of tax | $ | 18 | $ | 35 | $ | (16)
Unrealized net losses on cash flow hedges |  |  |  |  |  |  |
| Forward contracts | Mortgage banking activities | $ | (704) | $ | (5,559) | $ | (3,992)
| Interest rate swaps | Other operating income |  | (1,143) |  | (820) |  | 110
|  | Total before tax |  | (1,847) |  | (6,379) |  | (3,882)
|  | Income tax benefit |  | 263 |  | 2,084 |  | 1,496
|  | Total net of tax | $ | (1,584) | $ | (4,295) | $ | (2,386)
|  | Total reclassification adjustments, net of tax | $ | (14,534) | $ | (17,665) | $ | (17,093)

X
- References No definition available. + Details
Name: | bpop_DisclosureOfChangeInAccumulatedOtherComprehensiveIncomeLossAbstract
Namespace Prefix: | bpop_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration