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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net income $ 882,012 $ 1,436,083
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 725,000 122,000
Depreciation and amortization of premises and equipment 164,323 155,721
Amortization of capitalized servicing rights 63,992 53,137
Amortization of core deposit and other intangible assets 11,740 15,185
Provision for deferred income taxes (119,913) 16,683
Asset write-downs 17,692 53,850
Net gain on sales of assets (14,736) (13,938)
Net change in accrued interest receivable, payable (135,825) 8,771
Net change in other accrued income and expense (344,085) (75,564)
Net change in loans originated for sale (422,773) (20,325)
Net change in trading account assets and liabilities (702,362) (524,755)
Net cash provided by operating activities 125,065 1,226,848
Cash flows from investing activities    
Proceeds from sales of investment securities equity and other 55,499 878,405
Proceeds from maturities of investment securities Available for sale 1,149,281 1,932,168
Proceeds from maturities of investment securities Held to maturity 719,379 787,655
Purchases of investment securities Available for sale (5,860) (9,791)
Purchases of investment securities Held to maturity (8,995) (495,277)
Purchases of investment securities equity and other (26,955) (821,120)
Net increase in loans and leases (7,227,304) (1,484,135)
Net increase in interest-bearing deposits at banks (13,007,783) (4,390,327)
Capital expenditures, net (125,370) (119,522)
Net (increase) decrease in loan servicing advances 149,838 (333,079)
Other, net 351,278 55,356
Net cash used by investing activities (17,976,992) (3,999,667)
Cash flows from financing activities    
Net increase in deposits 20,394,732 4,959,327
Net increase (decrease) in short-term borrowings (16,240) 1,115,518
Payments on long-term borrowings (1,605,041) (1,552,533)
Purchases of treasury stock (373,750) (1,067,575)
Dividends paid — common (426,204) (406,967)
Dividends paid — preferred (55,444) (54,642)
Redemption of Series A and Series C preferred stock   (381,500)
Other, net (13,199) (21,187)
Net cash provided by financing activities 17,904,854 2,986,441
Net increase in cash, cash equivalents and restricted cash 52,927 213,622
Cash, cash equivalents and restricted cash at beginning of period 1,436,305 1,605,439
Cash, cash equivalents and restricted cash at end of period 1,489,232 1,819,061
Supplemental disclosure of cash flow information    
Interest received during the period 3,121,917 3,700,206
Interest paid during the period 319,079 577,291
Income taxes paid during the period 254,471 302,441
Supplemental schedule of noncash investing and financing activities    
Real estate acquired in settlement of loans 20,047 66,018
Securitization of residential mortgage loans allocated to Available-for-sale investment securities   5,379
Securitization of residential mortgage loans allocated to capitalized servicing rights   83
Adoption of lease accounting standard - Right-of-use assets   393,877
Adoption of lease accounting standard - Other liabilities   398,810
Additions to right-of-use assets under operating leases $ 45,888 69,305
Series G Preferred Stock [Member]    
Cash flows from financing activities    
Proceeds from issuance of Series G preferred stock   $ 396,000