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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES      
Net income (loss) $ 1,298 $ 790 $ 920
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Provision for credit losses 229 266 166
Depreciation and amortization expense, net 407 314 247
Accretion of acquired loans 203 116 0
Increase in cash surrender value of corporate-owned life insurance (119) (111) (108)
Stock-based compensation expense 100 99 58
FDIC reimbursement (payments), net of FDIC expense (3) 13 0
Deferred income taxes (benefit) 303 11 (76)
Proceeds from sales of loans held for sale 11,963 8,572 7,333
Originations of loans held for sale, net of repayments (11,846) (8,361) (7,072)
Net losses (gains) from sale of loans held for sale (181) (139) (103)
Net losses (gains) from principal investing (7) (20) (51)
Net losses (gains) and writedown on OREO 5 4 4
Net losses (gains) on leased equipment 3 7 (6)
Net losses (gains) on sales of fixed assets 24 56 8
Net securities losses (gains) (1) 0 0
Net decrease (increase) in trading account assets 31 (79) (38)
Direct acquisition costs 0 (44) 0
Other operating activities, net (594) 195 (151)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 1,815 1,689 1,131
INVESTING ACTIVITIES      
Cash received (used) in acquisitions, net of cash acquired (144) (481) 0
Net decrease (increase) in short-term investments, excluding acquisitions (1,672) (68) 1,562
Purchases of securities available for sale (3,002) (5,718) (4,090)
Proceeds from sales of securities available for sale 915 4,249 19
Proceeds from prepayments and maturities of securities available for sale 3,999 4,241 3,098
Proceeds from prepayments and maturities of held-to-maturity securities 1,797 1,627 1,102
Purchases of held-to-maturity securities (3,398) (6,968) (988)
Purchases of other investments (87) (46) (32)
Proceeds from sales of other investments 117 243 145
Proceeds from prepayments and maturities of other investments 4 4 8
Net decrease (increase) in loans, excluding acquisitions, sales and transfers (945) (3,580) (2,951)
Proceeds from sales of portfolio loans 183 140 110
Proceeds from corporate-owned life insurance 55 29 46
Purchases of premises, equipment, and software (112) (145) (75)
Proceeds from sales of premises and equipment 0 0 1
Proceeds from sales of OREO 51 16 22
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (2,239) (6,457) (2,023)
FINANCING ACTIVITIES      
Net increase (decrease) in deposits, excluding acquisitions 1,148 4,047 (952)
Net increase (decrease) in short-term borrowings (1,299) (1,294) (93)
Net proceeds from issuance of long-term debt 2,852 2,827 3,756
Payments on long-term debt (748) (1,308) (1,172)
Issuance of preferred shares 0 1,009 0
Repurchase of Common Shares (664) (140) (448)
Employee equity compensation program Common Share repurchases (66) 0 0
Redemption of Preferred Stock Series C (350) 0 0
Net proceeds from reissuance of Common Shares 25 32 22
Cash dividends paid (480) (335) (267)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 418 4,838 846
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS (6) 70 (46)
CASH AND DUE FROM BANKS AT BEGINNING OF YEAR 677 607 653
CASH AND DUE FROM BANKS AT END OF YEAR 671 677 607
Additional disclosures relative to cash flows:      
Interest paid 598 429 329
Income taxes paid (refunded) 6 144 281
Noncash items:      
Reduction of secured borrowing and related collateral 40 67 160
Loans transferred to portfolio from held for sale 105 10 1
Loans transferred to held for sale from portfolio 42 45 63
Loans transferred to other real estate owned 37 36 20
Reinsurance Retention Policy, Excess Retention, Amount Reinsured 18 0 0
First Niagara assets acquired 0 35,616 0
First Niagara liabilities assumed 0 33,028 0
Preferred Stock [Member]      
Noncash items:      
Common Shares issued for the acquisition of FNFG 0 350 0
Common Stock [Member]      
Noncash items:      
Common Shares issued for the acquisition of FNFG $ 0 $ 2,831 $ 0