XML 22 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net income $ 17,028 $ 13,477
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for credit losses 2,375 2,530
Depreciation and amortization 3,724 2,968
Deferred tax (benefit)/expense (216) (161)
Other 1,611 1,163
Originations and purchases of loans held-for-sale (43,141) (58,119)
Proceeds from sales, securitizations and paydowns of loans held-for-sale 41,657 53,053
Net change in:    
Trading assets (42,859) (22,914)
Securities borrowed (3,132) 5,845
Accrued interest and accounts receivable (8,083) (11,940)
Other assets (716) 11,212
Trading liabilities 21,997 (12,827)
Accounts payable and other liabilities 12,574 (10,497)
Other operating adjustments (2,243) 7,724
Net cash provided by/(used in) operating activities 576 (18,486)
Net change in:    
Federal funds sold and securities purchased under resale agreements (28,109) 11,364
Held-to-maturity securities:    
Proceeds from paydowns and maturities 1,458 2,289
Purchases (7,426) 0
Available-for-sale securities:    
Proceeds from paydowns and maturities 19,718 29,481
Proceeds from sales 25,228 42,972
Purchases (27,453) (45,613)
Proceeds from sales and securitizations of loans held-for-investment 12,963 7,762
Other changes in loans, net (33,441) (24,266)
All other investing activities, net (1,912) 550
Net cash provided by/(used in) investing activities (38,974) 24,539
Net change in:    
Deposits 10,100 53,122
Federal funds purchased and securities loaned or sold under repurchase agreements 16,396 (43)
Short-term borrowings 12,151 18,222
Beneficial interests issued by consolidated VIEs (165) (1,067)
Proceeds from long-term borrowings 41,166 35,530
Payments of long-term borrowings (50,171) (47,743)
Treasury stock repurchased (9,639) (5,839)
Dividends paid (4,716) (4,386)
All other financing activities, net (1,356) 115
Net cash provided by financing activities 13,766 47,911
Effect of exchange rate changes on cash and due from banks and deposits with banks (1,492) 5,408
Net increase/(decrease) in cash and due from banks and deposits with banks (26,124) 59,372
Cash and due from banks and deposits with banks at the beginning of the period 431,304 391,154
Cash and due from banks and deposits with banks at the end of the period 405,180 450,526
Cash interest paid 9,151 6,322
Cash income taxes paid, net $ 3,906 $ 1,736