XML 24 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
OPERATING ACTIVITIES      
Net income $ 388 $ 320  
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 78 96  
Originations of mortgage loans held for sale (614) (655)  
Proceeds from sales of mortgage loans held for sale 655 815  
Purchases of commercial loans held for sale (468) (384)  
Proceeds from sales of commercial loans held for sale 451 380  
Depreciation, amortization and accretion 122 124  
Mortgage servicing rights valuation (recovery) charge-off (3) 0  
Debt securities impairment 1 1  
Deferred income taxes 8 39  
Share-based compensation 18 18  
Net gain on sales of:      
Debt securities (8) (4)  
Decrease in other assets 331 282  
Decrease in other liabilities (255) (179)  
Net cash provided by operating activities 704 853  
Investment securities:      
Purchases of debt securities available for sale (1,099) (1,705)  
Proceeds from maturities and paydowns of debt securities available for sale 806 809  
Proceeds from sales of debt securities available for sale 145 404  
Purchases of debt securities held to maturity 0 (57)  
Proceeds from maturities and paydowns of debt securities held to maturity 131 136  
Purchases of equity securities, at fair value (39) (73)  
Proceeds from sales of equity securities, at fair value 36 68  
Purchases of equity securities, at cost (157) (98)  
Proceeds from sales of equity securities, at cost 131 118  
Net decrease in interest-bearing deposits in banks 50 88  
Net increase in loans and leases (1,020) (769)  
Net increase in bank-owned life insurance (13) (11)  
Premises and equipment:      
Purchases (32) (14)  
Capitalization of software (57) (39)  
Net cash used in investing activities (1,118) (1,143)  
FINANCING ACTIVITIES      
Net increase in deposits 641 2,308  
Net decrease in federal funds purchased and securities sold under agreements to repurchase (500) (55)  
Net decrease in other short-term borrowed funds (1,604) (450)  
Proceeds from issuance of long-term borrowed funds 6,250 2,997  
Repayments of long-term borrowed funds (3,250) (4,000)  
Treasury stock purchased (175) (130)  
Dividends declared and paid to common stockholders (108) (72)  
Payments of employee tax withholding for share-based compensation (13) (19)  
Net cash provided by financing activities 1,241 579  
Increase in cash and cash equivalents [1] 827 289  
Cash and cash equivalents at beginning of period [1] 3,032 3,704 $ 3,704
Cash and cash equivalents at end of period [1] $ 3,859 $ 3,993 $ 3,032
[1] Cash and cash equivalents includes cash and due from banks and interest-bearing cash and due from banks as reflected on the Consolidated Balance Sheets.