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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities    
Net income $ 25,408 $ 20,209
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for credit losses 3,323 3,982
Depreciation and amortization 5,716 4,547
Deferred tax (benefit)/expense (323) (187)
Other 2,179 1,655
Originations and purchases of loans held-for-sale (68,235) (75,907)
Proceeds from sales, securitizations and paydowns of loans held-for-sale 68,214 75,255
Net change in:    
Trading assets (44,427) (31,189)
Securities borrowed (17,344) (5,191)
Accrued interest and accounts receivable (11,335) (9,795)
Other assets 2,909 18,668
Trading liabilities 21,580 (23,162)
Accounts payable and other liabilities 26,677 (10,124)
Other operating adjustments (577) 7,858
Net cash provided by/(used in) operating activities 13,765 (23,381)
Net change in:    
Federal funds sold and securities purchased under resale agreements (19,259) 44,463
Held-to-maturity securities:    
Proceeds from paydowns and maturities 2,268 3,508
Purchases (8,613) (594)
Available-for-sale securities:    
Proceeds from paydowns and maturities 29,618 43,536
Proceeds from sales 34,322 57,640
Purchases (46,530) (73,717)
Proceeds from sales and securitizations of loans held-for-investment 20,154 11,600
Other changes in loans, net (49,755) (39,385)
All other investing activities, net (1,987) 655
Net cash provided by/(used in) investing activities (39,782) 47,706
Net change in:    
Deposits 15,274 51,352
Federal funds purchased and securities loaned or sold under repurchase agreements 22,719 3,731
Short-term borrowings 12,974 19,006
Beneficial interests issued by consolidated VIEs 975 (1,312)
Proceeds from long-term borrowings 54,842 46,311
Payments of long-term borrowings (69,636) (65,932)
Proceeds from issuance of preferred stock 1,655 0
Treasury stock repurchased (14,055) (10,602)
Dividends paid (6,989) (6,478)
All other financing activities, net (1,440) 329
Net cash provided by financing activities 16,319 36,405
Effect of exchange rate changes on cash and due from banks and deposits with banks (2,509) 7,272
Net increase/(decrease) in cash and due from banks and deposits with banks (12,207) 68,002
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 419,097 459,156
Cash interest paid 15,144 10,294
Cash income taxes paid, net $ 2,197 $ 3,238