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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities  
Net income$ 415,755$ 189,447
Adjustments to reconcile net income to net cash provided by operating activities:  
Provision for credit losses128,768547,574
Depreciation and amortization213,084209,070
Change in current and deferred income taxes54,280175,715
Net sales (purchases) of trading account securities99,693(55,020)
Originations of loans held for sale(1,697,186)(2,468,265)
Principal payments on and proceeds from loans held for sale2,121,2842,213,303
Securities (gains) losses(197)171
Other, net51,23354,121
Net cash provided by (used for) operating activities1,386,714866,116
Investing activities  
Increase (decrease) in interest bearing deposits in banks45,05222,754
Proceeds from:  
Maturities and calls of available-for-sale and other securities1,596,5522,639,403
Maturities of held-to-maturity securities14,2380
Sales of available-for-sale and other securities2,804,7693,120,777
Purchases of available-for-sale and other securities(3,578,931)(6,610,248)
Purchases of held-to-maturity securities(204,188)0
Net proceeds from sales of loans1,493,056685,592
Net loan and lease activity, excluding sales(2,725,678)(1,744,418)
Proceeds from sale of operating lease assets50,46117,585
Purchases of premises and equipment(102,431)(45,951)
Proceeds from sales of other real estate48,90178,073
Other, net(59,763)1,917
Net cash provided by (used for) investing activities(617,962)(1,834,516)
Financing activities  
Increase (decrease) in deposits1,358,146563,474
Increase (decrease) in short-term borrowings193,901893,501
Maturity/redemption of subordinated notes(5,000)(83,870)
Proceeds from Federal Home Loan Bank advances200,000450,000
Maturity/redemption of Federal Home Loan Bank advances(358,509)(595,536)
Maturity/redemption of long-term debt(714,942)(544,250)
Repurchase of Warrant to the Treasury(49,100)0
Dividends paid on preferred stock(23,110)(75,537)
Dividends paid on common stock(27,042)(21,437)
Other, net(708)(63)
Net cash provided by (used for) financing activities573,636586,282
Increase (decrease) in cash and cash equivalents1,342,388(382,118)
Cash and cash equivalents at beginning of period847,8881,521,344
Cash and cash equivalents at end of period2,190,2761,139,226
Supplemental disclosures:  
Income taxes paid (refunded)68,366(148,518)
Interest paid276,915435,272
Non-cash activities  
Dividends accrued, paid in subsequent quarter$ 40,742$ 23,373