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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating Activities      
Net income $ 7,558 $ 5,418 $ 5,346
Adjustments to reconcile net income to net cash provided (used) by operating activities      
Provision For Credit Losses 3,175 773 408
Depreciation and amortization 1,497 1,315 1,129
Deferred income taxes (benefit) (2,239) 303 133
Net gains on sales of securities (305)
Changes in fair value of mortgage servicing rights 799 645 172
Gain on sale of BlackRock (5,740)
Undistributed earnings of BlackRock (174) (531) (525)
Net change in      
Trading securities and other short-term investments 957 560 (893)
Loans held for sale (372) (123) 1,635
Other assets (927) (788) 108
Accrued expenses and other liabilities (254) 132 295
Other 684 (341) 32
Net cash provided (used) by operating activities 4,659 7,363 7,840
Sales      
Securities available for sale 13,851 7,755 7,505
Net proceeds from sale of BlackRock 14,225
Loans 1,894 1,664 1,323
Repayments/maturities      
Securities available for sale 30,901 11,974 9,388
Securities held to maturity 60 3,348 2,447
Purchases      
Securities available for sale (45,356) (23,739) (23,418)
Securities held to maturity (53) (1,751) (3,370)
Loans (1,982) (1,027) (690)
Net change in      
Federal funds sold and resale agreements 1,738 4,899 (5,837)
Interest-earning deposits with banks (61,760) (12,520) 17,702
Loans (3,376) (14,963) (7,335)
Net cash received from divestiture activity 75
Other (1,264) (705) (1,684)
Net cash provided (used) by investing activities (51,122) (24,990) (3,969)
Net change in      
Noninterest-bearing deposits 39,851 (1,166) (6,016)
Interest-bearing deposits 36,947 21,882 8,690
Federal funds purchased and repurchase agreements (5,861) 4,260 392
Short-term Federal Home Loan Bank borrowings (6,300)    
Short-term Federal Home Loan Bank borrowings   4,800 1,500
Commercial paper (100)
Other borrowed funds 123 (495) 20
Sales/issuances      
Federal Home Loan Bank borrowings 9,060 12,040 9,500
Bank notes and senior debt 3,487 8,977 3,238
Subordinated debt 744 1,243
Other borrowed funds 647 1,131 500
Preferred stock
Common and treasury stock 65 90 69
Repayments/maturities      
Federal Home Loan Bank borrowings (15,601) (22,000) (10,536)
Bank notes and senior debt (9,047) (5,600) (6,175)
Subordinated debt (700) (575)
Other borrowed funds (639) (1,174) (548)
Preferred stock redemption (480)
Acquisition of treasury stock (1,624) (3,578) (2,877)
Preferred stock cash dividends paid (229) (236) (236)
Common stock cash dividends paid (1,980) (1,895) (1,601)
Net cash provided (used) by financing activities 48,419 17,080 (3,512)
Net Increase (Decrease) In Cash And Due From Banks And Restricted Cash 1,956 (547) 359
Net cash provided by discontinued operations 11,542 299 264
Net cash provided (used) by continuing operations (9,586) (846) 95
Cash and due from banks and restricted cash at beginning of period 5,061 5,608 5,249
Cash and due from banks and restricted cash at end of period 7,017 5,061 5,608
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]      
Cash and due from banks at end of period (unrestricted cash) 6,636 5,061 5,608
Restricted cash 381
Supplemental Disclosures      
Interest paid 1,292 3,742 2,835
Income taxes paid 3,410 430 372
Income taxes refunded 10 17 468
Leased assets obtained in exchange for new operating lease liabilities 122 317
Right-of-use assets recognized at adoption of ASU 2016-02 2,004
Non-cash Investing and Financing Items      
Transfer from loans to loans held for sale, net 1,379 958 403
Transfer from loans to foreclosed assets 64 174 193
Transfer from trading securities to investment securities $ 289 $ 328