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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net income $ 5,725 $ 7,558 $ 5,418
Adjustments to reconcile net income to net cash provided (used) by operating activities      
Provision For (Recapture of) Credit Losses (779) 3,175 773
Depreciation and amortization 1,773 1,497 1,315
Deferred income taxes (benefit) 178 (2,239) 303
Net gains on sales of securities (64) (305)
Changes in fair value of mortgage servicing rights 85 799 645
Gain on sale of BlackRock (5,740)
Undistributed earnings of BlackRock (174) (531)
Net change in      
Trading securities and other short-term investments 671 957 560
Loans held for sale (480) (372) (123)
Other assets (454) (927) (788)
Accrued expenses and other liabilities 753 (254) 132
Other (194) 684 (341)
Net cash provided (used) by operating activities 7,214 4,659 7,363
Sales      
Securities available for sale 26,329 13,851 7,755
Net proceeds from sale of BlackRock 14,225
Loans 1,843 1,894 1,664
Repayments/maturities      
Securities available for sale 30,691 30,901 11,974
Securities held to maturity 131 60 3,348
Purchases      
Securities available for sale (85,496) (45,356) (23,739)
Securities held to maturity (87) (53) (1,751)
Loans (1,891) (1,982) (1,027)
Net change in      
Federal funds sold and resale agreements (24) 1,738 4,899
Interest-earning deposits with banks 24,236 (61,760) (12,520)
Loans 15,616 (3,376) (14,963)
Net cash paid for acquisition [1] (10,511)
Net cash received from divestiture activity 75
Purchases of bank owned life insurance (950)
Other (2,682) (1,264) (705)
Net cash provided (used) by investing activities (2,795) (51,122) (24,990)
Net change in      
Noninterest-bearing deposits 6,697 39,851 (1,166)
Interest-bearing deposits (320) 36,947 21,882
Federal funds purchased and repurchase agreements (46) (5,861) 4,260
Short-term Federal Home Loan Bank borrowings (6,300)  
Short-term Federal Home Loan Bank borrowings     4,800
Other borrowed funds 44 123 (495)
Sales/issuances      
Federal Home Loan Bank borrowings   9,060 12,040
Bank notes and senior debt 1,692 3,487 8,977
Subordinated debt 744
Other borrowed funds 822 647 1,131
Preferred stock 1,484
Common and treasury stock 66 65 90
Repayments/maturities      
Federal Home Loan Bank borrowings (3,680) (15,601) (22,000)
Bank notes and senior debt (6,000) (9,047) (5,600)
Subordinated debt (700)
Other borrowed funds (823) (639) (1,174)
Preferred stock redemption (480)
Acquisition of treasury stock (1,079) (1,624) (3,578)
Preferred stock cash dividends paid (233) (229) (236)
Common stock cash dividends paid (2,056) (1,980) (1,895)
Net cash provided (used) by financing activities (3,432) 48,419 17,080
Net Increase (Decrease) In Cash And Due From Banks And Restricted Cash 987 1,956 (547)
Net cash provided by discontinued operations 11,542 299
Net cash provided (used) by continuing operations 987 (9,586) (846)
Cash and due from banks and restricted cash at beginning of period 7,017 5,061 5,608
Cash and due from banks and restricted cash at end of period 8,004 7,017 5,061
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]      
Cash and due from banks at end of period (unrestricted cash) 7,431 6,636 5,061
Restricted cash 573 381
Cash and due from banks and restricted cash at end of period 8,004 7,017 5,061
Supplemental Disclosures      
Interest paid 582 1,292 3,742
Income taxes paid 675 3,410 430
Income taxes refunded 73 10 17
Leased assets obtained in exchange for new operating lease liabilities 337 122 317
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 869 1,379 958
Transfer from loans to foreclosed assets 27 64 174
Transfer from trading securities to investment securities $ 289 $ 328
[1] Cash paid to acquire BBVA was $11,480 million. The amount of $10,511 million represents the cash paid for the acquisition less $969 million in cash acquired. See Note 2 Acquisition & Divestiture Activity for more detailed information on the BBVA acquisition.