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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES      
Net income $ 1,198 $ 1,235 $ 743
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 74 (1) 74
Provision for deferred income taxes 12 24 79
Depreciation and amortization 114 120 121
Net periodic defined benefit credit (29) (18) (18)
Share-based compensation expense 39 48 39
Net amortization of securities 2 3 6
Accretion of loan purchase discount 0 (1) (3)
Net securities losses 7 19 0
Net gains on sales of foreclosed property 1 (1) (3)
Net change in accrued income receivable 17 (45) (33)
Net change in accrued expenses payable (27) 49 41
Other, net (318) 184 39
Net cash provided by operating activities 1,090 1,616 1,085
INVESTING ACTIVITIES      
Maturities and redemptions of investment securities available-for-sale 2,262 1,781 1,615
Sales of investment securities available-for-sale 987 1,256 1,259
Purchases of investment securities available-for-sale (3,346) (3,032) (3,112)
Maturities and redemptions of investment securities held-to-maturity 0 0 319
Net change in loans (324) (1,045) (175)
Proceeds from sales of foreclosed property 1 8 22
Net increase in premises and equipment (86) (90) (69)
Purchases of Federal Home Loan Bank stock (201) (41) (42)
Redemptions of Federal Home Loan Bank stock 201 0 42
Proceeds from bank-owned life insurance settlements 10 9 18
Other, net 2 (2) 3
Net cash used in investing activities (494) (1,156) (120)
FINANCING ACTIVITIES      
Net change in deposits 1,711 (2,082) (1,180)
Net change in short-term borrowings 27 34 (15)
Maturities of medium- and long-term debt (350) 0 (500)
Issuances and advances of medium- and long-term debt 1,050 1,850 0
Terminations of medium- and long-term debt 0 0 (16)
Repurchases of common stock (1,394) (1,338) (560)
Cash dividends paid on common stock (402) (263) (180)
Issuances of common stock under employee stock plans 18 52 118
Other, net 1 3 (5)
Net cash provided by (used in) financing activities 661 (1,744) (2,338)
Net increase (decrease) in cash and cash equivalents 1,257 (1,284) (1,373)
Cash and cash equivalents at beginning of period 4,561 5,845 7,218
Cash and cash equivalents at end of period 5,818 4,561 5,845
Interest paid 462 261 122
Income taxes paid 266 200 336
Noncash investing and financing activities:      
Loans transferred to other real estate 12 3 8
Residential mortgage-backed securities transferred from held-to-maturity to available-for-sale 0 1,266 0
Securities transferred from available-for-sale to equity securities $ 0 $ 81 $ 0