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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
OPERATING ACTIVITIES          
Net income     $ 1,256 $ 986  
Adjustments to reconcile net income to net cash provided by operating activities:          
Provision for credit losses     241 238  
Originations of mortgage loans held for sale     (4,384) (2,159)  
Proceeds from sales of mortgage loans held for sale     4,259 2,372  
Purchases of commercial loans held for sale     (1,450) (1,513)  
Proceeds from sales of commercial loans held for sale     1,457 1,441  
Depreciation, amortization and accretion     357 371  
Mortgage servicing rights valuation recovery     (3) (1)  
Debt securities impairment $ 1 $ 1 3 6  
Deferred income taxes     23 (23)  
Share-based compensation     40 35  
Net gain on sales of:          
Debt securities (3) (2) (13) (9)  
Equity securities     0 (1)  
Increase in other assets     (918) (155)  
Increase (decrease) in other liabilities     339 (138)  
Net cash provided by operating activities     1,207 1,450  
Investment securities:          
Purchases of debt securities available for sale     (3,084) (4,088)  
Proceeds from maturities and paydowns of debt securities available for sale     2,512 2,564  
Proceeds from sales of debt securities available for sale     405 914  
Purchases of debt securities held to maturity     0 (171)  
Proceeds from maturities and paydowns of debt securities held to maturity     402 422  
Purchases of equity securities, at fair value     (122) (286)  
Proceeds from sales of equity securities, at fair value     116 217  
Purchases of equity securities, at cost     (568) (307)  
Proceeds from sales of equity securities, at cost     416 495  
Net decrease in interest-bearing deposits in banks     50 152  
Purchases of mortgage servicing rights     (16) 0  
Acquisition, net of cash acquired     (533) 0  
Net increase in loans and leases     (4,278) (3,549)  
Net increase in bank-owned life insurance     (31) (34)  
Premises and equipment:          
Purchases     (157) (115)  
Capitalization of software     (175) (138)  
Net cash used in investing activities     (5,063) (3,924)  
FINANCING ACTIVITIES          
Net increase in deposits     1,986 3,431  
Net decrease in federal funds purchased and securities sold under agreements to repurchase     (441) (695)  
Net decrease in other short-term borrowed funds     (3,107) (1,708)  
Proceeds from issuance of long-term borrowed funds     17,503 12,108  
Repayments of long-term borrowed funds     (10,333) (11,501)  
Treasury stock purchased     (725) (485)  
Net proceeds from issuance of preferred stock     296 0  
Dividends declared and paid to common stockholders     (344) (233)  
Dividends declared and paid to preferred stockholders     (7) (7)  
Payments of employee tax withholding for share-based compensation     (13) (20)  
Net cash provided by financing activities     4,815 890  
Increase in cash and cash equivalents [1]     959 (1,584)  
Cash and cash equivalents at beginning of period [1]     3,032 3,704 $ 3,704
Cash and cash equivalents at end of period [1] $ 3,991 $ 2,120 $ 3,991 $ 2,120 $ 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.