XML 23 R8.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net income $ 5,520 $ 5,914
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 1,824 959
Depreciation and amortization 1,289 1,181
Deferred tax expense/(benefit) 906 33
Other 468 513
Originations and purchases of loans held-for-sale (7,457) (8,856)
Proceeds from sales, securitizations and paydowns of loans held-for-sale 7,818 10,646
Net change in:    
Trading assets (32,979) 5,450
Securities borrowed (4,826) 2,057
Accrued interest and accounts receivable (11,115) (27)
Other assets (7,464) (10,199)
Trading liabilities 24,919 17,349
Accounts payable and other liabilities 124 (6,482)
Other operating adjustments (410) (3,659)
Net cash provided by/(used in) operating activities (21,383) 14,879
Investing activities    
Net change in deposits with banks (20,181) (21,906)
Net change in federal funds sold and securities purchased under resale agreements (10,577) (3,468)
Held-to-maturity securities:    
Proceeds from paydowns and maturities 1,218 1,379
Purchases (134) (1,459)
Available-for-sale securities:    
Proceeds from paydowns and maturities 15,845 25,221
Proceeds from sales 11,676 6,909
Purchases (19,525) (21,663)
Proceeds from sales and securitizations of loans held-for-investment 2,860 4,661
Other changes in loans, net (15,925) (15,768)
All other investing activities, net 162 1,944
Net cash used in investing activities (34,581) (24,150)
Financing activities    
Net change in deposits 51,978 8,967
Net change in federal funds purchased and securities loaned or sold under repurchase agreements 8,304 4,468
Net change in commercial paper and other borrowed funds 807 (11,885)
Net change in beneficial interests issued by consolidated variable interest entities (2,744) (510)
Proceeds from long-term borrowings 15,718 28,395
Payments of long-term borrowings (16,560) (22,183)
Proceeds from issuance of preferred stock 0 1,392
Treasury stock purchased (1,696) (1,900)
Dividends paid (1,946) (1,770)
All other financing activities, net (277) (637)
Net cash provided by financing activities 53,584 4,337
Effect of exchange rate changes on cash and due from banks 102 (76)
Net decrease in cash and due from banks (2,278) (5,010)
Cash and due from banks at the beginning of the period 20,490 27,831
Cash and due from banks at the end of the period 18,212 22,821
Cash interest paid 2,129 1,601
Cash income taxes paid, net $ 447 $ 608