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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 816 $ 884 $ 592
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for Credit Losses 39 40 17
Depreciation and amortization 188 193 179
Share-based compensation 27 26 25
Securities gains, net 3 1 14
Deferred income tax expense (benefit) (2) 0 154
Net decrease (increase) in trading securities (76) 42 (33)
Net decrease (increase) in loans held for sale (84) 9 97
Change in other liabilities (14) 74 29
Change in other assets (179) 14 (89)
Other, net (18) (26) (43)
Net cash provided by operating activities 697 1,176 928
CASH FLOWS FROM INVESTING ACTIVITIES      
Net decrease (increase) in money market investments 852 (784) 683
Proceeds from maturities and paydowns of investment securities held-to-maturity 391 361 314
Purchases of investment securities held-to-maturity (209) (365) (216)
Proceeds from sales, maturities, and paydowns of investment securities available-for-sale 3,105 3,061 2,412
Purchases of investment securities available-for-sale (1,864) (2,927) (4,719)
Net change in loans and leases (1,957) (1,943) (2,135)
Purchases and sales of other noninterest-bearing investments 172 14 (105)
Purchases of premises and equipment (117) (129) (169)
Other, net (2) (6) (16)
Net cash used in investing activities 375 (2,706) (3,919)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in deposits 2,984 1,484 (614)
Net change in short-term funds borrowed 3,600 2,677 2,149
Proceeds from debt over 90 days and up to one year 0 0 5,100
Repayments of debt over 90 days and up to one year 0 (2,000) (3,100)
Cash paid for preferred stock redemption 0 0 (144)
Repayments of Long-term Debt 0 162 153
Proceeds from the issuance of long-term debt 992 497 0
Bank common stock repurchased (1,102) (672) (321)
Proceeds from Issuance of common stock 14 20 25
Dividends paid on common and preferred stock (260) (236) (129)
Other, net (9) (12) (11)
Net Cash Provided by (Used in) Financing Activities 981 1,596 2,802
Cash and Cash Equivalents, Period Increase (Decrease) 91 66 (189)
Cash and due from banks at beginning of year 614 548 737
Cash and due from banks at end of year 705 614 548
Cash paid for Interest 401 237 118
Net cash paid for income taxes 233 207 246
Loans held for investment transfered to other real estate owned 12 8 6
Loans held for investment reclassified to loans held for sale, net $ 85 $ 111 $ 25