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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating Activities    
Net cash used in operating activities $ (4,728) $ (10,040)
Investing Activities    
Proceeds from sale of AFS securities including loans that have been securitized 4,462 10,778
Collection of principal on investment securities AFS 214 82
Purchase of investment securities AFS and other (359) (23)
Collection of principal on investment securities HTM 102 42
Proceeds received from the sale of LHFI 39 140
Net origination, purchase, and principal repayments of LHFI (2,727) (2,632)
Acquisition of premises and equipment, net of proceeds (30) (33)
Net purchase of FHLB stock (74) 0
Proceeds from the sale of MSRs 40 42
Other, net (1) (7)
Net cash provided by investing activities 1,666 8,389
Financing Activities    
Net change in deposit accounts 2,752 2,036
Net change in short-term FHLB borrowings and other short-term debt (811) (692)
Proceeds from increases in FHLB long-term advances and other debt 550 350
Repayment of long-term debt (3) 0
Net receipt of payments of loans serviced for others 377 (76)
Stock repurchase 0 (50)
Dividends declared and paid (6) (5)
Other 12 9
Net cash provided by financing activities 2,871 1,572
Net change in cash, cash equivalents and restricted cash [1] (191) (79)
Beginning cash, cash equivalents and restricted cash [1] 456 432
Ending cash, cash equivalents and restricted cash [1] 265 353
Supplemental disclosure of cash flow information    
Non-cash reclassification of LHFI to LHFS 39 43
Non-cash reclassification of LHFS to securitized HFS loans 4,470 10,346
MSRs resulting from sale or securitization of loans 124 164
Operating section supplemental disclosures    
Proceeds from sales of LHFS 16,815 4,099
Origination, premium paid and purchase of LHFS, net of principal repayments $ (21,060) $ (14,020)
[1] For further information on restricted cash, see Note 8 - Derivatives.