XML 23 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net income $ 320 $ 223
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 96 91
Originations of mortgage loans held for sale (655) (484)
Proceeds from sales of mortgage loans held for sale 815 479
Purchases of commercial loans held for sale (384) (362)
Proceeds from sales of commercial loans held for sale 380 345
Amortization of terminated cash flow hedges (1) 15
Depreciation, amortization and accretion 125 112
Mortgage servicing rights valuation charge-off 0 5
Securities impairment 1 1
Deferred income taxes 39 30
Share-based compensation 18 4
Net gain on sales of:    
Debt securities (4) (9)
Premises and equipment 0 (2)
Decrease (increase) in other assets 282 (339)
(Decrease) increase in other liabilities (179) 265
Net cash provided by operating activities 853 374
Investment securities:    
Purchases of securities available for sale (1,705) (706)
Proceeds from maturities and paydowns of securities available for sale 809 709
Proceeds from sales of securities available for sale 404 217
Purchases of securities held to maturity (57) 0
Proceeds from maturities and paydowns of securities held to maturity 136 131
Purchases of other investment securities, at fair value (73) (51)
Proceeds from sales of other investment securities, at fair value 68 53
Purchases of other investment securities, at cost (98) (37)
Proceeds from sales of other investment securities, at cost 118 4
Net decrease (increase) in interest-bearing deposits in banks 88 (178)
Net increase in loans and leases (769) (2,401)
Net increase in bank-owned life insurance (11) (12)
Premises and equipment:    
Purchases (14) (8)
Proceeds from sales 0 3
Capitalization of software (39) (45)
Net cash used in investing activities (1,143) (2,321)
FINANCING ACTIVITIES    
Net increase in deposits 2,308 67
Net decrease in federal funds purchased and securities sold under agreements to repurchase (55) (88)
Net (decrease) increase in other short-term borrowed funds (450) 670
Proceeds from issuance of long-term borrowed funds 2,997 750
Repayments of long-term borrowed funds (4,000) (629)
Treasury stock purchased (130) 0
Dividends declared and paid to common stockholders (72) (53)
Payments of employee tax withholding for share-based compensation (19) 0
Net cash provided by financing activities 579 717
Increase (decrease) in cash and cash equivalents 289 (1,230)
Cash and cash equivalents at beginning of period 3,704 3,085
Cash and cash equivalents at end of period $ 3,993 $ 1,855