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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities    
Net income $ 12,204 $ 11,249
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 1,894 1,542
Depreciation and amortization 2,419 2,426
Deferred tax expense 90 2,540
Investment securities gains (96) (42)
Stock-based compensation 1,075 1,142
Originations and purchases of loans held-for-sale (30,665) (34,940)
Proceeds from sales, securitizations and paydowns of loans held-for-sale 27,797 38,853
Net change in:    
Trading assets 34,114 (14,764)
Securities borrowed 11,903 (2,507)
Accrued interest and accounts receivable 154 (12,801)
Other assets 718 18,795
Trading liabilities (16,660) (7,140)
Accounts payable and other liabilities (9,432) 1,733
Other operating adjustments (3,340) 4,210
Net cash provided by operating activities 32,175 10,296
Investing activities    
Net change in deposits with banks 85,670 (77,858)
Net change in federal funds sold and securities purchased under resale agreements 2,927 (1,427)
Held-to-maturity securities:    
Proceeds from paydowns and maturities 3,185 1,667
Purchases (5,678) (6,312)
Available-for-sale securities:    
Proceeds from paydowns and maturities 43,454 41,248
Proceeds from sales 22,569 14,976
Purchases (41,391) (54,227)
Proceeds from sales and securitizations of loans held-for-investment 10,217 9,170
Other changes in loans, net (45,505) (24,730)
Net cash provided by/(used in) business acquisitions or dispositions 1,263 (19)
All other investing activities, net 760 (426)
Net cash provided by/(used in) investing activities 77,471 (97,938)
Financing activities    
Net change in deposits (88,838) 33,419
Net change in federal funds purchased and securities loaned or sold under repurchase agreements (11,195) 35,364
Net change in commercial paper and other borrowed funds (24,161) 11,119
Net change in beneficial interests issued by consolidated variable interest entities (1,454) (5,665)
Proceeds from long-term borrowings 54,585 36,469
Payments of long-term borrowings (40,190) (36,628)
Excess tax benefits related to stock-based compensation 287 357
Proceeds from issuance of preferred stock 4,774 7,249
Treasury stock purchased (3,149) (1,761)
Dividends paid (3,734) (3,360)
All other financing activities, net (354) (1,127)
Net cash (used in)/provided by financing activities (113,429) 75,436
Effect of exchange rate changes on cash and due from banks 47 (42)
Net decrease in cash and due from banks (3,736) (12,248)
Cash and due from banks at the beginning of the period 27,831 39,771
Cash and due from banks at the end of the period 24,095 27,523
Cash interest paid 3,302 4,007
Cash income taxes paid/(refunded), net $ 5,833 $ (739)