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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities      
Net earnings $ 8,466 $ 10,459 $ 4,286
Adjustments to reconcile net earnings to net cash provided by/(used for) operating activities:      
Depreciation and amortization 1,704 1,328 1,152
Deferred income taxes (334) (2,645) 5,458
Share-based compensation 2,018 1,831 1,769
Gain related to extinguishment of unsecured borrowings (20) (160) (114)
Provision for credit losses 1,065 674 657
Changes in operating assets and liabilities:      
Customer and other receivables and payables, net (7,693) 6,416 (26,981)
Collateralized transactions (excluding other secured financings), net 94,991 28,147 10,025
Trading assets (68,682) (23,652) (9,586)
Trading liabilities (231) (3,670) (5,296)
Loans held for sale, net (1,458) 442 (2,385)
Other, net (5,958) (2,606) 526
Net cash provided by/(used for) operating activities 23,868 16,564 (20,489)
Cash flows from investing activities      
Purchase of property, leasehold improvements and equipment (8,443) (7,982) (3,184)
Proceeds from sales of property, leasehold improvements and equipment 6,632 3,711 574
Net cash used for business acquisitions (803) (162) (2,383)
Purchase of investments (29,773) (9,418) (17,381)
Proceeds from sales and paydowns of investments 17,812 8,095 13,031
Loans, net (excluding loans held for sale) (9,661) (13,064) (17,034)
Net cash used for investing activities (24,236) (18,820) (26,377)
Cash flows from financing activities      
Unsecured short-term borrowings, net 14 2,337 (501)
Other secured financings (short-term), net (2,050) 586 (405)
Proceeds from issuance of other secured financings (long-term) 7,257 4,996 7,401
Repayment of other secured financings (long-term), including the current portion (7,468) (9,482) (4,726)
Purchase of Trust Preferred securities (206) (35) (237)
Proceeds from issuance of unsecured long-term borrowings 22,381 45,927 58,347
Repayment of unsecured long-term borrowings, including the current portion (43,936) (37,243) (30,748)
Derivative contracts with a financing element, net 3,952 2,294 1,684
Deposits, net 31,214 20,206 14,506
Preferred stock redemption (1,100) (650) (850)
Common stock repurchased (5,335) (3,294) (6,772)
Settlement of share-based awards in satisfaction of withholding tax requirements (745) (1,118) (2,223)
Dividends and dividend equivalents paid on common stock, preferred stock and share-based awards (2,104) (1,810) (1,769)
Proceeds from issuance of preferred stock, net of issuance costs 1,098   1,495
Proceeds from issuance of common stock, including exercise of share-based awards   38 7
Cash settlement of share-based awards     (3)
Other financing, net 395    
Net cash provided by financing activities 3,367 22,752 35,206
Net increase/(decrease) in cash and cash equivalents 2,999 20,496 (11,660)
Cash and cash equivalents, beginning balance 130,547 110,051 121,711
Cash and cash equivalents, ending balance 133,546 130,547 110,051
Supplemental disclosures:      
Cash payments for interest, net of capitalized interest 18,645 16,721 11,174
Cash payments for income taxes, net $ 1,266 $ 1,271 $ 1,425