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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 120 $ 20
Adjustments to reconcile Net income to net cash provided by operating activities:    
Capitalization of originated mortgage servicing rights (209) (244)
Net loss on mortgage servicing rights and related derivatives 11 446
Vehicle depreciation 912 908
Other depreciation and amortization 24 19
Origination of mortgage loans held for sale (22,213) (28,230)
Proceeds on sale of and payments from mortgage loans held for sale 23,772 29,655
Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives (459) (746)
Deferred income tax expense (benefit) 54 (42)
Other adjustments and changes in other assets and liabilities, net 39 16
Net cash provided by operating activities 2,051 1,802
Cash flows from investing activities:    
Investment in vehicles (1,289) (1,282)
Proceeds on sale of investment vehicles 254 227
Net cash (paid) received on derivatives related to mortgage servicing rights (22) 7
Purchases of property, plant and equipment (22) (18)
Purchases of restricted investments (85) (151)
Proceeds from sales and maturities of restricted investments 205 187
Decrease in restricted cash and cash equivalents 49 105
Other, net 2 21
Net cash used in investing activities (908) (904)
Cash flows from financing activities:    
Proceeds from secured borrowings 36,759 48,063
Principal payments on secured borrowings (37,575) (48,472)
Proceeds from unsecured borrowings 350 518
Principal payments on unsecured borrowings (280) (671)
Issuances of common stock 2 1
Cash paid for debt issuance costs (26) (43)
Other, net (46) (31)
Net cash used in financing activities (816) (635)
Effect of changes in exchange rates on Cash and cash equivalents (1)  
Net increase in Cash and cash equivalents 326 263
Cash and cash equivalents at beginning of period 829 414
Cash and cash equivalents at end of period 1,155 677
Supplemental Disclosure of Cash Flows Information:    
Payments for debt tender premium and costs $ 50 $ 14