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Consolidated Cash Flow Statements - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net income $ 15,120 $ 11,179 $ 9,237
Adjustments to reconcile net income to net cash provided by (used for) operating activities:      
Deferred income taxes 4 (250) 165
Stock-based compensation expense 2,085 1,312 1,153
Depreciation and amortization 4,216 3,769 2,643
Provision for credit losses 4 761 161
Other operating adjustments (147) 274 (195)
Changes in assets and liabilities:      
Trading assets, net of Trading liabilities 9,075 15,551 (13,667)
Securities borrowed (17,322) (5,076) 9,764
Securities loaned 4,568 (1,541) (3,402)
Customer and other receivables and other assets 774 (29,774) 233
Customer and other payables and other liabilities 7,758 10,187 19,942
Securities purchased under agreements to resell (3,765) (28,010) 10,298
Securities sold under agreements to repurchase 11,601 (3,613) 4,441
Net cash provided by (used for) operating activities 33,971 (25,231) 40,773
Proceeds from (payments for):      
Other assets—Premises, equipment and software, net (2,308) (1,444) (1,826)
Changes in loans, net (36,106) (17,949) (17,359)
Investment securities:      
Purchases (69,571) (59,777) (42,586)
Proceeds from sales 20,652 13,750 17,151
Proceeds from paydowns and maturities 40,916 24,517 12,012
Other investing activities (832) (802) (953)
Net cash provided by (used for) investing activities (49,897) (37,898) (33,561)
Net proceeds from (payments for):      
Other secured financings (625) 2,794 3,695
Deposits 36,897 75,417 2,513
Issuance of preferred stock, net of issuance costs 1,275 0 497
Proceeds from issuance of Borrowings 90,273 60,726 30,605
Payments for:      
Borrowings (70,124) (50,484) (40,548)
Repurchases of common stock and employee tax withholdings (12,075) (1,890) (5,954)
Cash dividends (4,171) (2,739) (2,627)
Other financing activities 97 (40) (147)
Net cash provided by (used for) financing activities 41,547 83,784 (11,966)
Effect of exchange rate changes on cash and cash equivalents (3,550) 2,828 (271)
Net increase (decrease) in cash and cash equivalents 22,071 23,483 (5,025)
Cash and cash equivalents, at beginning of period 105,654 82,171 87,196
Cash and cash equivalents, at end of period 127,725 105,654 82,171
Supplemental Disclosure of Cash Flow Information      
Cash payments for interest 1,303 4,120 12,511
Cash payments for income taxes, net of refunds 4,231 2,591 1,908
Eaton Vance Corp.      
Investment securities:      
Cash paid as part of the Eaton Vance acquisition, net of cash acquired (2,648) 0 0
E-TRADE      
Investment securities:      
Cash acquired as part of the E*TRADE acquisition $ 0 $ 3,807 $ 0