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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net earnings $ 6,549 $ 7,921
Adjustments to reconcile net earnings to net cash provided by/(used for) operating activities:    
Depreciation and amortization 1,240 951
Share-based compensation 1,852 1,671
Gain related to extinguishment of unsecured borrowings   (160)
Provision for credit losses 729 452
Changes in operating assets and liabilities:    
Customer and other receivables and payables, net 3,739 13,043
Collateralized transactions (excluding other secured financings), net 28,039 15,942
Financial instruments owned (excluding available-for-sale securities) (72,850) (36,747)
Financial instruments sold, but not yet purchased 7,588 857
Other, net (4,369) (1,610)
Net cash provided by/(used for) operating activities (27,483) 2,320
Cash flows from investing activities    
Purchase of property, leasehold improvements and equipment (6,397) (5,947)
Proceeds from sales of property, leasehold improvements and equipment 4,561 2,486
Net cash used for business acquisitions (803) (146)
Purchase of investments (19,541) (3,224)
Proceeds from sales and paydowns of investments 8,276 361
Loans receivable, net (5,492) (10,365)
Net cash used for investing activities (19,396) (16,835)
Cash flows from financing activities    
Unsecured short-term borrowings, net 1,137 3,638
Other secured financings (short-term), net (2,705) 3,831
Proceeds from issuance of other secured financings (long-term) 5,095 3,897
Repayment of other secured financings (long-term), including the current portion (6,431) (6,761)
Purchase of Trust Preferred securities (61) (35)
Proceeds from issuance of unsecured long-term borrowings 18,613 40,603
Repayment of unsecured long-term borrowings, including the current portion (26,887) (30,655)
Derivative contracts with a financing element, net 2,710 938
Deposits, net 23,931 12,914
Preferred stock redemption (500) (650)
Proceeds from issuance of preferred stock, net of issuance costs 499  
Common stock repurchased (3,173) (2,044)
Settlement of share-based awards in satisfaction of withholding tax requirements (741) (1,065)
Dividends and dividend equivalents paid on common stock, preferred stock and share-based awards (1,460) (1,289)
Proceeds from issuance of common stock, including exercise of share-based awards   13
Other financing, net 399  
Net cash provided by financing activities 10,426 23,335
Net increase/(decrease) in cash and cash equivalents (36,453) 8,820
Cash and cash equivalents, beginning balance 130,547 110,051
Cash and cash equivalents, ending balance 94,094 118,871
Supplemental disclosures:    
Cash payments for interest, net of capitalized interest 14,132 12,125
Cash payments for income taxes, net $ 946 $ 933