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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities    
Net income $ 18,831 $ 17,028
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for credit losses 2,644 2,375
Depreciation and amortization 4,084 3,724
Deferred tax (benefit)/expense (42) (216)
Other 1,164 1,611
Originations and purchases of loans held-for-sale (35,908) (43,141)
Proceeds from sales, securitizations and paydowns of loans held-for-sale 44,995 41,657
Net change in:    
Trading assets (111,562) (42,859)
Securities borrowed (18,586) (3,132)
Accrued interest and accounts receivable (15,416) (8,083)
Other assets (10,146) (716)
Trading liabilities 12,765 21,997
Accounts payable and other liabilities 8,790 12,574
Other operating adjustments 3,653 (2,243)
Net cash provided by/(used in) operating activities (94,734) 576
Net change in:    
Federal funds sold and securities purchased under resale agreements 53,757 (28,109)
Held-to-maturity securities:    
Proceeds from paydowns and maturities 1,315 1,458
Purchases (818) (7,426)
Available-for-sale securities:    
Proceeds from paydowns and maturities 30,547 19,718
Proceeds from sales 35,983 25,228
Purchases (106,085) (27,453)
Proceeds from sales and securitizations of loans held-for-investment 31,291 12,963
Other changes in loans, net (16,903) (33,441)
All other investing activities, net (1,663) (1,912)
Net cash provided by/(used in) investing activities 27,424 (38,974)
Net change in:    
Deposits 62,795 10,100
Federal funds purchased and securities loaned or sold under repurchase agreements 19,343 16,396
Short-term borrowings (9,907)  
Short-term borrowings   12,151
Beneficial interests issued by consolidated VIEs 9,346 (165)
Proceeds from long-term borrowings 29,159 41,166
Payments of long-term borrowings (38,384) (50,171)
Proceeds from issuance of preferred stock 1,850 0
Redemption of preferred stock (925) 0
Treasury stock repurchased (10,301) (9,639)
Dividends paid (6,081) (4,716)
All other financing activities, net (426) (1,356)
Net cash provided by financing activities 56,469 13,766
Effect of exchange rate changes on cash and due from banks and deposits with banks 86 (1,492)
Net decrease in cash and due from banks and deposits with banks (10,755) (26,124)
Cash and due from banks and deposits with banks at the beginning of the period 278,793 431,304
Cash and due from banks and deposits with banks at the end of the period 268,038 405,180
Cash interest paid 13,794 9,151
Cash income taxes paid, net $ 2,892 $ 3,906