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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities    
Net cash used in operating activities $ (1,515) $ (4,716)
Investing Activities    
Proceeds from sale of AFS securities including loans that have been securitized 104 4,501
Collection of principal on investment securities AFS 77 38
Purchase of investment securities AFS and other (350) (16)
Collection of principal on investment securities HTM 44 21
Proceeds received from the sale of LHFI 39 105
Net origination, purchase, and principal repayments of LHFI (1,706) (845)
Acquisition of premises and equipment, net of proceeds (17) (18)
Net purchase of FHLB stock (3) 0
Proceeds from the sale of MSRs 36 41
Other, net 0 (4)
Net cash (used in) provided by investing activities (1,776) 3,823
Financing Activities    
Net change in deposit accounts 906 1,073
Net change in short-term FHLB borrowings and other short-term debt 1,676 (141)
Proceeds from increases in FHLB long-term advances and other debt 350 100
Repayment of long-term debt (3) 0
Net receipt of payments of loans serviced for others 298 (104)
Stock repurchase 0 (50)
Dividends declared and paid (3) (2)
Other (3) 3
Net cash provided by financing activities 3,221 879
Net increase in cash, cash equivalents and restricted cash [1] (70) (14)
Beginning cash, cash equivalents and restricted cash [1] 456 432
Ending cash, cash equivalents and restricted cash [1] 386 418
Supplemental disclosure of cash flow information    
Non-cash reclassification of LHFI to LHFS 39 0
Non-cash reclassification of LHFS to securitized HFS loans not sold 2,170 4,501
MSRs resulting from sale or securitization of loans 40 67
Operating section supplemental disclosures    
Proceeds from sales of LHFS 7,674 832
Origination, premium paid and purchase of LHFS, net of principal repayments $ 8,786 $ 5,479
[1]
For further information on restricted cash, see Note 8 - Derivatives.