XML 20 R8.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 375.1 $ 360.6
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Amortization and Accretion of Securities and Unearned Income, net 26.1 22.4
Provision for Credit Losses (30.0) 61.0
Depreciation and Amortization 125.4 123.8
Pension Plan Contributions (6.7) (10.6)
Change in Receivables (66.7) (122.7)
Change in Interest Payable 7.3 (5.7)
Change in Collateral With Derivative Counterparties, net (824.2) (3,570.2)
Other Operating Activities, net 462.0 456.1
Net Cash Provided by (Used in) Operating Activities 68.3 (2,685.3)
CASH FLOWS FROM INVESTING ACTIVITIES    
Change in Federal Funds Sold (0.1) 5.0
Change in Securities Purchased under Agreements to Resell 477.9 (367.2)
Change in Interest-Bearing Deposits with Banks (772.6) (757.6)
Net Change in Federal Reserve and Other Central Bank Deposits 8,369.3 (11,204.7)
Purchases of Debt Securities – Held to Maturity (16,047.6) (7,076.0)
Proceeds from Maturity and Redemption of Debt Securities – Held to Maturity 16,125.8 6,287.3
Purchases of Debt Securities – Available for Sale (3,631.9) (2,857.6)
Proceeds from Sale, Maturity and Redemption of Debt Securities – Available for Sale 2,214.9 2,430.7
Change in Loans and Leases (592.4) (6,432.9)
Purchases of Buildings and Equipment (10.7) (37.6)
Purchases and Development of Computer Software (94.8) (94.8)
Change in Client Security Settlement Receivables (810.4) (1,241.9)
Other Investing Activities, net (93.7) (153.0)
Net Cash Provided by (Used in) Investing Activities 5,133.7 (21,500.3)
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits (5,844.1) 23,956.5
Change in Federal Funds Purchased (260.0) 3,817.7
Change in Securities Sold under Agreements to Repurchase 55.8 (455.6)
Change in Short-Term Other Borrowings 1,420.3 (778.0)
Redemption of Preferred Stock - Series C 0.0 (400.0)
Treasury Stock Purchased (135.6) (296.8)
Net Proceeds from Stock Options 8.7 8.8
Cash Dividends Paid on Common Stock (145.9) (147.1)
Cash Dividends Paid on Preferred Stock (4.7) (5.8)
Other Financing Activities, net (0.1) 8.3
Net Cash (Used in) Provided by Financing Activities (4,905.6) 25,708.0
Effect of Foreign Currency Exchange Rates on Cash (101.5) (148.4)
Change in Cash and Due from Banks 194.9 1,374.0
Cash and Due from Banks at Beginning of Period 4,389.5 4,459.2
Cash and Due from Banks at End of Period 4,584.4 5,833.2
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest Paid 2.2 126.7
Income Taxes Paid 30.8 72.6
Transfers from Loans to OREO $ 3.3 $ (0.2)