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Consolidated Cash Flow Statement - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net income $ 3,462 $ 3,033
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Stock-based compensation expense 442 558
Depreciation and amortization 975 940
Provision for credit losses (6) 234
Other operating adjustments (12) 66
Changes in assets and liabilities:    
Trading assets, net of Trading liabilities (1,395) 2,582
Securities borrowed (11,761) (12,842)
Securities loaned 888 (91)
Customer and other receivables and other assets 272 4,899
Customer and other payables and other liabilities 3,735 777
Securities purchased under agreements to resell (11,993) (7,978)
Securities sold under agreements to repurchase 19,753 (2,043)
Net cash provided by (used for) operating activities 4,360 (9,865)
Proceeds from (payments for):    
Other assets—Premises, equipment and software (816) (719)
Changes in loans, net (355) (822)
AFS securities:    
Purchases (9,019) (3,475)
Proceeds from sales 4,548 1,466
Proceeds from paydowns and maturities 5,308 3,460
HTM securities:    
Purchases (1,453) 0
Proceeds from paydowns and maturities 3,112 1,617
Other investing activities (271) (2,568)
Net cash provided by (used for) investing activities 1,054 (1,041)
Net proceeds from (payments for):    
Other secured financings 1,225 356
Deposits 534 (9,084)
Proceeds from issuance of Borrowings 28,079 21,219
Payments for:    
Borrowings (17,721) (15,201)
Repurchases of common stock and employee tax withholdings (1,718) (2,205)
Cash dividends (1,496) (1,406)
Other financing activities (46) 33
Net cash provided by (used for) financing activities 8,857 (6,288)
Effect of exchange rate changes on cash and cash equivalents (1,198) 325
Net increase (decrease) in cash and cash equivalents 13,073 (16,869)
Cash and cash equivalents, at beginning of period 89,232 128,127
Cash and cash equivalents, at end of period 102,305 111,258
Supplemental Disclosure of Cash Flow Information    
Cash payments for interest 11,878 8,912
Cash payments for income taxes, net of refunds $ 233 $ 307