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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities    
Net earnings $ 6,508 $ 9,935
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 4,076 1,728
Share-based compensation 2,008 3,811
Provision for credit losses 451 1,743
Changes in operating assets and liabilities:    
Customer and other receivables and payables, net (14,042) 21,453
Collateralized transactions (excluding other secured financings), net 166,067 (3,872)
Trading assets (146,672) (39,764)
Trading liabilities 1,654 48,411
Loans held for sale, net 48 2,041
Other, net (4,327) (3,616)
Net cash provided by operating activities 15,771 41,870
Cash flows from investing activities    
Purchase of property, leasehold improvements and equipment (1,770) (2,994)
Proceeds from sales of property, leasehold improvements and equipment 1,151 1,272
Net cash used for business acquisitions (8) (2,113)
Purchase of investments (27,776) (52,989)
Proceeds from sales and paydowns of investments 13,834 8,080
Loans (excluding loans held for sale), net 599 (20,924)
Net cash used for investing activities (13,970) (69,668)
Cash flows from financing activities    
Unsecured short-term borrowings, net 246 2,451
Other secured financings (short-term), net 1,459 (1,415)
Proceeds from issuance of other secured financings (long-term) 2,137 1,499
Repayment of other secured financings (long-term), including the current portion (2,221) (2,677)
Proceeds from issuance of unsecured long-term borrowings 28,854 69,620
Repayment of unsecured long-term borrowings, including the current portion 40,286 35,328
Derivative contracts with a financing element, net 2,145 1,749
Deposits, net 15,870 39,174
Preferred stock redemption (1,000) 0
Common stock repurchased (4,796) (2,000)
Settlement of share-based awards in satisfaction of withholding tax requirements (1,344) (1,591)
Dividends and dividend equivalents paid on common stock, preferred stock and share-based awards (3,124) (2,669)
Proceeds from issuance of preferred stock, net of issuance costs 1,496 0
Other financing, net 348 365
Net cash provided by/(used for) financing activities (216) 69,178
Effect of exchange rate changes on cash and cash equivalents (3,531) (18,165)
Net increase/(decrease) in cash and cash equivalents (1,946) 23,215
Cash and cash equivalents, beginning balance 241,825 261,036
Cash and cash equivalents, ending balance 239,879 284,251
Supplemental disclosures:    
Cash payments for interest, net of capitalized interest 43,186 9,882
Cash payments for income taxes, net $ 1,815 $ 3,046