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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
OPERATING ACTIVITIES          
Net income     $ 466 $ 399  
Adjustments to reconcile net income to net cash provided by operating activities:          
Provision for credit losses     181 135  
Originations of mortgage loans held for sale     (1,135) (1,182)  
Proceeds from sales of mortgage loans held for sale     1,022 1,111  
Purchases of commercial loans held for sale     (735) (632)  
Proceeds from sales of commercial loans held for sale     739 594  
Amortization of terminated cash flow hedges     16 9  
Depreciation, amortization and accretion     245 234  
Mortgage servicing rights valuation charge-off (recovery) $ (1) $ (6) 4 (7)  
Securities impairment 7 2 8 3  
Deferred income taxes     94 56  
Share-based compensation     11 15  
Net gain on sales of:          
Debt securities     (13) (17)  
Marketable equity securities available for sale     0 (3)  
Premises and equipment     (2) 0  
Increase in other assets     (450) (138)  
Increase (decrease) in other liabilities     253 (62)  
Net cash provided by operating activities     704 515  
INVESTING ACTIVITIES          
Purchases of securities available for sale     (2,355) (4,089)  
Proceeds from maturities and paydowns of securities available for sale     1,611 1,804  
Proceeds from sales of securities available for sale     375 1,251  
Purchases of securities held to maturity     0 (811)  
Proceeds from maturities and paydowns of securities held to maturity     290 394  
Purchases of other investment securities, at fair value     (114) 0  
Proceeds from sales of other investment securities, at fair value     109 0  
Purchases of other investment securities, at cost     (62) (14)  
Proceeds from sales of other investment securities, at cost     52 20  
Net (increase) decrease in interest-bearing deposits in banks     (371) 184  
Net increase in loans and leases     (5,045) (3,573)  
Net increase in bank-owned life insurance     (23) (16)  
Premises and equipment:          
Purchases     (22) (43)  
Proceeds from sales     3 15  
Capitalization of software     (85) (92)  
Net cash used in investing activities     (5,637) (4,970)  
FINANCING ACTIVITIES          
Net increase in deposits     3,718 4,908  
Net decrease in federal funds purchased and securities sold under agreements to repurchase     (85) (492)  
Net decrease in other short-term borrowed funds     (1,370) (251)  
Proceeds from issuance of long-term borrowed funds     6,995 0  
Repayments of long-term borrowed funds     (3,631) (6)  
Treasury stock purchased     0 (250)  
Net proceeds from issuance of preferred stock     0 247  
Dividends declared and paid to common stockholders     (117) (108)  
Dividends declared and paid to preferred stockholders     (7) 0  
Net cash provided by financing activities     5,503 4,048  
Increase (decrease) in cash and cash equivalents     570 (407)  
Cash and cash equivalents at beginning of period     3,085 3,276 $ 3,276
Cash and cash equivalents at end of period $ 3,655 $ 2,869 $ 3,655 $ 2,869 $ 3,085