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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
Additional Paid-in Capital
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interest
Beginning balance at Dec. 31, 2022 $ 4,475,801 $ (297) $ 537,145 $ 170,141 $ 3,920,346 $ (944,484) $ (1,442,117) $ 2,234,770 $ (297) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 376,103             376,269   (166)
Other comprehensive income (loss), net of income taxes 46,942           46,942      
Cash dividends declared on common stock (111,038)             (111,038)    
Cash dividends declared on preferred stock [1] (16,581)             (16,581)    
Restricted share unit vesting and taxes paid related to net share settlement (10,202)     466 (8,231)     (2,437)    
Stock options exercised, net 3,724     201 3,523          
Share-based compensation expense 17,910       17,910          
Acquisition of noncontrolling interest 25,406                 25,406
Ending balance at Jun. 30, 2023 4,807,768   537,145 170,808 3,933,548 (944,484) (1,395,175) 2,480,686   25,240
Beginning balance at Mar. 31, 2023 4,770,130   537,145 170,714 3,925,449 (944,484) (1,289,327) 2,370,633   0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 173,944             174,110   (166)
Other comprehensive income (loss), net of income taxes (105,848)           (105,848)      
Cash dividends declared on common stock (55,536)             (55,536)    
Cash dividends declared on preferred stock [2] (8,291)             (8,291)    
Restricted share unit vesting and taxes paid related to net share settlement (99)     83 48     (230)    
Stock options exercised, net 227     11 216          
Share-based compensation expense 7,835       7,835          
Acquisition of noncontrolling interest 25,406                 25,406
Ending balance at Jun. 30, 2023 4,807,768   537,145 170,808 3,933,548 (944,484) (1,395,175) 2,480,686   25,240
Beginning balance at Dec. 31, 2023 5,144,148   537,145 171,360 3,955,819 (944,484) (1,117,073) 2,517,226   24,155
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 109,390             110,479   (1,089)
Other comprehensive income (loss), net of income taxes 66,699           66,699      
Cash dividends declared on common stock (110,420)             (110,420)    
Cash dividends declared on preferred stock [1] (19,398)             (19,398)    
Repurchases of common stock including costs to repurchase (121,755)         (121,755)        
Restricted share unit vesting and taxes paid related to net share settlement (10,629)     488 (8,617)     (2,500)    
Stock options exercised, net 2,127     88 2,039          
Share-based compensation expense 16,510       16,510          
Ending balance at Jun. 30, 2024 5,076,672   537,145 171,936 3,965,751 (1,066,239) (1,050,374) 2,495,387   23,066
Beginning balance at Mar. 31, 2024 5,041,636   537,145 171,873 3,957,576 (974,499) (1,248,194) 2,574,017   23,718
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (14,680)             (14,028)   (652)
Other comprehensive income (loss), net of income taxes 197,820           197,820      
Cash dividends declared on common stock (54,781)             (54,781)    
Cash dividends declared on preferred stock [2] (9,713)             (9,713)    
Repurchases of common stock including costs to repurchase (91,740)         (91,740)        
Restricted share unit vesting and taxes paid related to net share settlement (204)     28 (124)     (108)    
Stock options exercised, net 793     35 758          
Share-based compensation expense 7,541       7,541          
Ending balance at Jun. 30, 2024 $ 5,076,672   $ 537,145 $ 171,936 $ 3,965,751 $ (1,066,239) $ (1,050,374) $ 2,495,387   $ 23,066
[1] For the six months ended June 30, 2024, dividends per share were $1.14 for Series D and $0.73 for Series E Preferred Stock. For the six months ended June 30, 2023, dividends per share were $0.79 for Series D and $0.73 for Series E Preferred Stock.
[2] For the three months ended June 30, 2024, dividends per share were $0.57 for Series D and $0.37 for Series E Preferred Stock. For the three months ended June 30, 2023, dividends per share were $0.39 for Series D and $0.37 for Series E Preferred Stock.