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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES    
Net income (loss) $ 1,101 $ 562
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Provision for credit losses 180 200
Depreciation and amortization expense, net 301 293
Accretion of acquired loans 171 0
Increase in cash surrender value of corporate-owned life insurance (85) (76)
Stock-based compensation expense 74 66
FDIC reimbursement (payments), net of FDIC expense (2) 7
Deferred income taxes (benefit) 134 (63)
Proceeds from sales of loans held for sale 8,109 5,181
Originations of loans held for sale, net of repayments (8,287) (5,516)
Net losses (gains) on sales of loans held for sale (111) (92)
Net losses (gains) from principal investing (4) (16)
Net losses (gains) and writedown on OREO 3 3
Net losses (gains) on leased equipment 2 10
Net securities losses (gains) (1) 6
Net losses (gains) on sales of fixed assets 16 13
Net decrease (increase) in trading account assets 84 (138)
Other operating activities, net (606) 420
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 1,079 860
INVESTING ACTIVITIES    
Cash received (used) in acquisitions, net of cash acquired (74) (481)
Net decrease (increase) in short-term investments, excluding acquisitions (1,218) (509)
Purchases of securities available for sale (2,725) (4,203)
Proceeds from sales of securities available for sale 914 4,248
Proceeds from prepayments and maturities of securities available for sale 3,038 2,867
Proceeds from prepayments and maturities of held-to-maturity securities 1,350 1,048
Purchases of held-to-maturity securities (1,395) (5,150)
Purchases of other investments (78) (28)
Proceeds from sales of other investments 99 204
Proceeds from prepayments and maturities of other investments 2 3
Net decrease (increase) in loans, excluding acquisitions, sales and transfers (896) (2,501)
Proceeds from sales of portfolio loans 129 100
Proceeds from corporate-owned life insurance 40 24
Purchases of premises, equipment, and software (56) (79)
Proceeds from sales of premises and equipment 0 0
Proceeds from sales of OREO 37 13
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (833) (4,444)
FINANCING ACTIVITIES    
Net increase (decrease) in deposits, excluding acquisitions (641) 4,147
Net increase (decrease) in short-term borrowings (1,322) (2,193)
Net proceeds from issuance of long-term debt 2,850 2,078
Payments on long-term debt (43) (533)
Issuance of preferred shares 0 519
Open market common share repurchases (466) (73)
Employee equity compensation program common share repurchases (65) 0
Redemption of Preferred Stock Series C (350) 0
Net proceeds from reissuance of common shares 29 5
Cash dividends paid (353) (224)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (361) 3,726
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS (115) 142
CASH AND DUE FROM BANKS AT BEGINNING OF PERIOD 677 607
CASH AND DUE FROM BANKS AT END OF PERIOD 562 749
Additional disclosures relative to cash flows:    
Interest paid 442 308
Income taxes paid (refunded) 3 68
Noncash items:    
Reduction of secured borrowing and related collateral 33 59
Loans transferred to portfolio from held for sale 93 8
Loans transferred to held for sale from portfolio 41 32
Loans transferred to OREO 29 15
Common Stock [Member]    
Noncash items:    
Stock issued to acquire First Niagara 0 2,831
Preferred Stock [Member]    
Noncash items:    
Stock issued to acquire First Niagara $ 0 $ 350