XML 231 R195.htm IDEA: XBRL DOCUMENT v3.25.0.1
Parent Company Financial Statements - Condensed Statement of Cash Flow - Parent Company Only (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities      
Net Income $ 2,314 $ 2,349 $ 2,446
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion 495 462 436
Provision for (benefit from) deferred income taxes 72 (106) (60)
Equity in undistributed earnings (18) (52) (22)
Net change in:      
Equity securities (3) (128) 70
Other assets (625) 326 646
Net Cash Provided by Operating Activities 2,824 4,509 6,428
Investing Activities      
Proceeds from repayments / maturities of AFS and HTM securities and other investments 5,814 4,235 4,495
Other short-term investments 4,962 (13,731) 26,224
Net Cash Provided by (Used in) Investing Activities 1,039 (9,488) (4,871)
Financing Activities      
Proceeds from long-term debt issuances/advances 3,249 4,286 4,026
Repayment of long-term debt (5,282) (1,657) (1,762)
Dividends paid on common and preferred stock (1,176) (1,060) (927)
Repurchase of treasury stock and related forward contract (625) (200) (100)
Other, net (65) (55) (85)
Net Cash (Used in) Provided by Financing Activities (3,991) 4,655 (1,085)
(Decrease) Increase in Cash and Due from Banks (128) (324) 472
Parent Company      
Operating Activities      
Net Income 2,314 2,349 2,446
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion 7 7 7
Provision for (benefit from) deferred income taxes 2 1 (3)
Securities (gains) losses, net (3) (4) 9
Equity in undistributed earnings (891) (915) (2,533)
Net change in:      
Equity securities 8 4 6
Other assets (49) 147 (115)
Accrued expenses and other liabilities (60) (126) 45
Net Cash Provided by Operating Activities 1,328 1,463 (138)
Investing Activities      
Proceeds from repayments / maturities of AFS and HTM securities and other investments 1,000 1,000 0
Purchase of securities issued by subsidiary (2,500) (1,000) (1,000)
Other short-term investments 3,394 (833) 567
Loans to nonbank subsidiaries (5) 60 132
Net Cash Provided by (Used in) Investing Activities 1,889 (773) (301)
Financing Activities      
Net change in other short-term borrowings 3 (121) (240)
Proceeds from long-term debt issuances/advances 1,742 1,244 2,986
Repayment of long-term debt (2,250) (500) (1,200)
Dividends paid on common and preferred stock (1,176) (1,060) (927)
Repurchase of treasury stock and related forward contract (625) (200) (100)
Other, net (62) (53) (82)
Net Cash (Used in) Provided by Financing Activities (2,368) (690) 437
(Decrease) Increase in Cash and Due from Banks 849 0 (2)
Cash and Due from Banks at Beginning of Period 120 120 122
Cash and Due from Banks at End of Period $ 969 $ 120 $ 120