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Consolidated Cash Flow Statement - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net income $ 6,579 $ 5,254
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Stock-based compensation expense 859 981
Depreciation and amortization 2,246 1,862
Provision for credit losses 70 395
Other operating adjustments 75 116
Changes in assets and liabilities:    
Trading assets, net of Trading liabilities 10,375 (31,849)
Securities borrowed (1,618) (5,752)
Securities loaned 2,021 (2,310)
Customer and other receivables and other assets (7,736) 3,032
Customer and other payables and other liabilities (842) (1,082)
Securities purchased under agreements to resell (8,170) 15,993
Securities sold under agreements to repurchase 3,026 (6,171)
Net cash provided by (used for) operating activities 6,885 (19,531)
Proceeds from (payments for):    
Other assets—Premises, equipment and software (1,667) (1,570)
Changes in loans, net (9,727) (1,654)
AFS securities:    
Purchases (18,368) (6,413)
Proceeds from sales 5,535 4,739
Proceeds from paydowns and maturities 9,531 6,890
HTM securities:    
Purchases (2,940) 0
Proceeds from paydowns and maturities 5,492 3,386
Other investing activities (470) (178)
Net cash provided by (used for) investing activities (12,614) 5,200
Net proceeds from (payments for):    
Other secured financings 1,360 (138)
Deposits (2,941) (8,134)
Proceeds from issuance of Borrowings 54,470 40,061
Payments for:    
Borrowings (38,736) (34,259)
Repurchases of common stock and employee tax withholdings (2,541) (3,294)
Cash dividends (2,963) (2,785)
Other financing activities (196) (232)
Net cash provided by (used for) financing activities 8,453 (8,781)
Effect of exchange rate changes on cash and cash equivalents (1,796) (21)
Net increase (decrease) in cash and cash equivalents 928 (23,133)
Cash and cash equivalents, at beginning of period 89,232 128,127
Cash and cash equivalents, at end of period 90,160 104,994
Supplemental Disclosure of Cash Flow Information    
Cash payments for interest 23,020 19,162
Cash payments for income taxes, net of refunds $ 1,043 $ 978