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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities      
Net income (loss) $ 330 $ 354 $ (338)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 158 142 296
Goodwill impairment 0 0 616
Provision for credit losses 361 188 193
Deferred income tax provision 190 185 2
Other-than-temporary impairment related to securities held-to-maturity 0 11 0
Net realized gains on securities available-for-sale (48) (122) (194)
Realized (gains) losses on securities held-to-maturity 0 9 (8)
Net change in other assets and liabilities 386 180 (491)
Net change in loans held for sale:      
Originations and purchases of loans held for sale (2,145) (1,515) (2,078)
Sales and collections of loans held for sale 2,371 1,500 2,464
Net change in trading assets and liabilities 3,298 5,091 (1,844)
Lower of amortized cost or fair value adjustments on loans held for sale 14 2 (9)
Loss (gain) on instruments designated at fair value and related derivatives (264) (75) 32
Net cash provided by (used in) operating activities 4,651 5,950 (1,359)
Cash flows from investing activities      
Net change in interest bearing deposits with banks 23,329 (11,193) (6,316)
Net change in federal funds sold and securities purchased under agreements to resell (18,434) 706 1,030
Securities available-for-sale:      
Purchases of securities available-for-sale (23,375) (19,012) (32,824)
Proceeds from sales of securities available-for-sale 15,149 29,839 35,211
Proceeds from maturities of securities available-for-sale 1,954 3,857 7,954
Securities held-to-maturity:      
Purchases of securities held-to-maturity (2,993) (1,875) 0
Proceeds from sales of securities held-to-maturity 0 67 79
Proceeds from maturities of securities held-to-maturity 2,408 762 433
Change in loans:      
Originations, net of collections (7,145) (11,416) (4,765)
Loans sold to third parties 13 852 499
Cash received in sale of London Branch precious metals business to an affiliate 0 98 0
Net cash used for acquisitions of properties and equipment (43) (38) (52)
Other, net (386) 34 (16)
Net cash provided by (used in) investing activities (9,523) (7,319) 1,233
Cash flows from financing activities      
Net change in deposits 2,472 3,327 (5,146)
Debt:      
Net change in short-term borrowings (7,806) (6,340) 3,787
Issuance of long-term debt 16,586 8,067 5,547
Repayment of long-term debt (9,937) (3,686) (4,370)
Preferred stock redemption (300) 0 0
Capital contribution from parent 4,000 0 0
Other decreases in capital surplus (1) 4 (17)
Dividends paid (65) (73) (73)
Net cash provided by (used in) financing activities 4,949 1,299 (272)
Net change in cash and due from banks 77 (70) (398)
Cash and due from banks at beginning of period 891 961 1,359
Cash and due from banks at end of period 968 891 961
Supplemental disclosure of cash flow information      
Interest paid during the period 942 752 921
Net income taxes paid during the period 354 31 80
Supplemental disclosure of non-cash investing activities      
Transfer of loans to held for sale, net 1,850 316 79
Transfer of securities available-for-sale to securities held-to-maturity 0 10,985 0
Fair value of properties added to real estate owned upon foreclosure $ 40 $ 50 $ 51