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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income $ 1,239 $ 1,074
Adjustments to reconcile net income to net cash provided (used) by operating activities    
Provision for credit losses 92 88
Depreciation and amortization 280 279
Deferred income taxes 81 21
Changes in fair value of mortgage servicing rights (85) 33
Undistributed earnings of BlackRock (133) (100)
Net change in    
Trading securities and other short-term investments 176 (405)
Loans held for sale 1,675 1,065
Other assets (1,217) 541
Accrued expenses and other liabilities 710 (884)
Other 104 (122)
Net cash provided (used) by operating activities 2,922 1,590
Sales    
Securities available for sale 4,461 3,202
Loans 479 338
Repayments/maturities    
Securities available for sale 2,027 2,790
Securities held to maturity 598 504
Purchases    
Securities available for sale (5,905) (5,142)
Securities held to maturity (662) (1,778)
Loans (224) (177)
Net change in    
Federal funds sold and resale agreements 97 (674)
Interest-earning deposits with banks (226) (2,166)
Loans (1,611) (2,359)
Other (284) (158)
Net cash provided (used) by investing activities (1,250) (5,620)
Net change in    
Noninterest-bearing deposits (1,683) (944)
Interest-bearing deposits 1,212 4,530
Federal funds purchased and repurchase agreements 87 8
Commercial paper (100)  
Other borrowed funds (11) 795
Sales/issuances    
Federal Home Loan Bank borrowings 4,500
Bank notes and senior debt 1,991 1,820
Other borrowed funds 123 26
Common and treasury stock 33 60
Repayments/maturities    
Federal Home Loan Bank borrowings (1,500) (2,500)
Bank notes and senior debt (1,000) (1,000)
Subordinated debt (1,100)
Other borrowed funds (163) (19)
Redemption of noncontrolling interests (1,000)
Acquisition of treasury stock (840) (688)
Preferred stock cash dividends paid (63) (63)
Common stock cash dividends paid (358) (271)
Net cash provided (used) by financing activities (2,272) 4,154
Net Increase (Decrease) In Cash And Due From Banks (600) 124
Cash and due from banks at beginning of period 5,249 4,879
Cash and due from banks at end of period 4,649 5,003
Supplemental Disclosures    
Interest paid 501 347
Income taxes paid 7 8
Income taxes refunded 11 9
Non-cash Investing and Financing Items    
Transfer from loans to loans held for sale, net 173 107
Transfer from loans to foreclosed assets $ 45 $ 57