v3.26.1
Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Retained earnings
Unrealized investment losses:
Change in unrealized (losses) gains on securities without an allowance for expected credit losses
Change in unrealized (losses) gains on securities with an allowance for expected credit losses
Currency translation adjustments:
Accumulated Other Comprehensive Income (Loss)
Treasury stock
Noncontrolling interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Cumulative effect adjustment resulting from changes in accounting principles   $ 158,705 $ 984,825 $ 12,265,070 $ (517,170)     $ (417,099) $ (934,269) $ (4,079,220) $ 12,328
Beginning of period at Dec. 31, 2024   158,705 984,825 12,265,070 (517,170)     (417,099) (934,269) (4,079,220) 12,328
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Restricted stock units issued     (4,885)                
Restricted stock units expensed     25,488                
Net income before noncontrolling interests $ 818,058     818,860             (802)
Dividends ($0.60, $0.59, $0.69 and $0.67 per share, respectively)       (254,175)              
Change in unrealized (losses) gains on securities without an allowance for expected credit losses 268,538         $ 268,610          
Change in unrealized (losses) gains on securities with an allowance for expected credit losses             $ (73)        
Net change in period 93,348             93,348      
Stock exercised/vested                   1,836  
Stock repurchased                   (49,202)  
Other (381)                    
Distributions                     (1,254)
Other comprehensive income (loss), net of tax $ 361,886       268,538     93,348 361,886   (1)
End of period at Jun. 30, 2025     1,005,428 12,829,755 (248,633)     (323,751) (572,384) (4,126,967) 10,271
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Common stock dividends, per share, cash paid (in dollars per share) $ 0.67                    
Cumulative effect adjustment resulting from changes in accounting principles   158,705 992,901 12,652,303 (368,898)     (393,169) (762,067) (4,127,803) 12,333
Beginning of period at Mar. 31, 2025   158,705 992,901 12,652,303 (368,898)     (393,169) (762,067) (4,127,803) 12,333
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Restricted stock units issued     (538)                
Restricted stock units expensed     13,065                
Net income before noncontrolling interests $ 400,708     401,288             (580)
Dividends ($0.60, $0.59, $0.69 and $0.67 per share, respectively)       (223,836)              
Change in unrealized (losses) gains on securities without an allowance for expected credit losses 120,265         119,787          
Change in unrealized (losses) gains on securities with an allowance for expected credit losses             478        
Net change in period 69,418             69,418      
Stock exercised/vested                   786  
Stock repurchased                   0  
Other 50                    
Distributions                     (1,482)
Other comprehensive income (loss), net of tax $ 189,683       120,265     69,418 189,683   0
End of period at Jun. 30, 2025     1,005,428 12,829,755 (248,633)     (323,751) (572,384) (4,126,967) 10,271
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Common stock dividends, per share, cash paid (in dollars per share) $ 0.59                    
Cumulative effect adjustment resulting from changes in accounting principles     1,005,428 12,829,755 (248,633)     (323,751) (572,384) (4,126,967) 10,271
Cumulative effect adjustment resulting from changes in accounting principles $ 9,711,894 158,705 987,708 13,344,204 (124,680)     (326,417) (451,097) (4,338,702) 11,076
Beginning of period at Dec. 31, 2025 9,711,894 158,705 987,708 13,344,204 (124,680)     (326,417) (451,097) (4,338,702) 11,076
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Restricted stock units issued     514                
Restricted stock units expensed     27,000                
Net income before noncontrolling interests 967,881     967,478             403
Dividends ($0.60, $0.59, $0.69 and $0.67 per share, respectively)       (256,338)              
Change in unrealized (losses) gains on securities without an allowance for expected credit losses (192,725)         (192,722)          
Change in unrealized (losses) gains on securities with an allowance for expected credit losses             (3)        
Net change in period 3,815             3,815      
Stock exercised/vested                   700  
Stock repurchased                   (413,922)  
Other (4,101)                    
Distributions                     (1,637)
Other comprehensive income (loss), net of tax (188,910)       (192,725)     3,815 (188,910)   0
End of period at Jun. 30, 2026 $ 9,843,081   1,015,222 14,055,344 (317,405)     (322,602) (640,007) (4,756,025) 9,842
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Common stock dividends, per share, cash paid (in dollars per share) $ 0.69                    
Cumulative effect adjustment resulting from changes in accounting principles   158,705 1,000,375 13,825,717 (269,636)     (331,641) (601,277) (4,643,970) 11,066
Beginning of period at Mar. 31, 2026   $ 158,705 1,000,375 13,825,717 (269,636)     (331,641) (601,277) (4,643,970) 11,066
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Restricted stock units issued     1,081                
Restricted stock units expensed     13,766                
Net income before noncontrolling interests $ 452,306     452,261             45
Dividends ($0.60, $0.59, $0.69 and $0.67 per share, respectively)       (222,634)              
Change in unrealized (losses) gains on securities without an allowance for expected credit losses (47,769)         $ (47,768)          
Change in unrealized (losses) gains on securities with an allowance for expected credit losses             $ (1)        
Net change in period 9,039             9,039      
Stock exercised/vested                   522  
Stock repurchased                   (111,490)  
Other (1,087)                    
Distributions                     (1,269)
Other comprehensive income (loss), net of tax (38,730)       (47,769)     9,039 (38,730)   0
End of period at Jun. 30, 2026 $ 9,843,081   1,015,222 14,055,344 (317,405)     (322,602) (640,007) (4,756,025) 9,842
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Common stock dividends, per share, cash paid (in dollars per share) $ 0.60                    
Cumulative effect adjustment resulting from changes in accounting principles $ 9,843,081   $ 1,015,222 $ 14,055,344 $ (317,405)     $ (322,602) $ (640,007) $ (4,756,025) $ 9,842