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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 2,031.1 $ 1,107.3 $ 1,336.0
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities      
Investment Security Losses, net 189.3 169.5 1.1
Amortization and Accretion of Securities and Unearned Income, net (35.1) 3.0 59.2
Provision for Credit Losses (3.0) 24.5 12.0
Depreciation and Amortization 716.8 634.6 553.6
Change in Accrued Income Taxes 183.5 (44.4) 61.3
Pension Plan Contributions (212.0) (20.4) (24.3)
Deferred Income Tax Provision 20.7 (48.2) (142.7)
Change in Receivables (6.1) 12.0 57.9
Change in Interest Payable (41.9) 85.8 172.6
Change in Collateral With Derivative Counterparties, net (3,287.7) (72.6) 639.4
Other Operating Activities, net (41.6) 774.5 (333.7)
Net Cash (Used in) Provided by Operating Activities (486.0) 2,625.6 2,392.4
CASH FLOWS FROM INVESTING ACTIVITIES      
Change in Federal Funds Sold (25.0) 32.0 (32.0)
Change in Securities Purchased under Agreements to Resell 301.6 285.4 (419.0)
Change in Interest-Bearing Deposits with Banks (121.0) 28.5 (158.9)
Net Change in Federal Reserve and Other Central Bank Deposits (5,255.3) 6,205.9 23,483.8
Purchases of Held to Maturity Debt Securities (26,524.6) (32,773.9) (32,830.8)
Proceeds from the Maturity and Redemption of Held to Maturity Debt Securities 30,073.9 32,123.0 37,667.8
Purchases of Available for Sale Debt Securities (13,010.0) (7,320.2) (4,567.7)
Proceeds from Maturity and Redemption of Available for Sale Debt Securities 6,983.0 11,614.8 6,513.0
Change in Loans 4,165.7 (4,702.1) (2,441.6)
Purchases of Buildings and Equipment (101.5) (116.5) (128.6)
Purchases and Development of Computer Software (644.0) (559.3) (594.9)
Change in Client Security Settlement Receivables 159.9 1,505.5 258.0
Bank-Owned Life Insurance Policy Premiums 0.0 0.0 (500.0)
Proceeds from the sale of Visa Shares 800.6 0.0 0.0
Other Investing Activities, net 633.2 (1,539.0) (319.3)
Net Cash Provided by (Used in) Investing Activities (2,563.5) 4,784.1 25,929.8
CASH FLOWS FROM FINANCING ACTIVITIES      
Change in Deposits 6,330.8 (8,478.4) (32,996.9)
Change in Federal Funds Purchased (885.9) 1,148.6 1,896.7
Change in Securities Sold under Agreements to Repurchase (322.7) 217.5 35.3
Change in Short-Term Other Borrowings (103.8) (1,059.1) 3,966.9
Proceeds from Long-Term Debt 0.0 2,000.0 0.0
Proceeds from Senior Notes 0.0 0.0 1,988.8
Repayments of Senior Notes 0.0 0.0 (500.0)
Treasury Stock Purchased (937.8) (347.5) (35.4)
Net Proceeds from Stock Options 9.4 2.3 3.9
Cash Dividends Paid on Common Stock (602.3) (621.5) (750.2)
Cash Dividends Paid on Preferred Stock (41.8) (41.8) (46.5)
Other Financing Activities, net (6.4) (2.7) 0.0
Net Cash Provided by (Used in) Financing Activities 3,439.5 (7,182.6) (26,437.4)
Effect of Foreign Currency Exchange Rates on Cash (504.3) (89.8) (287.4)
Change in Cash and Due from Banks (114.3) 137.3 1,597.4
Cash and Due from Banks at Beginning of Period 4,791.5 4,654.2 3,056.8
Cash and Due from Banks at End of Period 4,677.2 4,791.5 4,654.2
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Interest Paid 7,610.3 5,285.5 822.4
Income Taxes Paid 268.6 362.5 459.9
Transfers from Loans to OREO 0.0 0.2 0.0
Transfers from Available for Sale Debt Securities to Held to Maturity Debt Securities 0.0 0.0 6,623.3
Reclassification of certain cash collateral received from Other Operating Activities to Deposits $ 1,157.2 $ 0.0 $ 0.0