Capital One Financial Corporation (Parent Company Only) (Tables)

12 Months Ended

Dec. 31, 2016

The following Parent Company Only financial statements are provided in accordance with Regulation S-X of the SEC.

Table 20.1: Parent Company Statements of Income



	Year Ended December 31,
(Dollars in millions)	2016			2015			2014
Interest income	$	120		$	120		$	114
Interest expense	258			185			204
Dividends from subsidiaries	3,936			450			3,449
Non-interest income (loss)	(13		)	10			53
Non-interest expense	48			178			85
Income before income taxes and equity in undistributed earnings of subsidiaries	3,737			217			3,327
Income tax provision (benefit)	(79		)	(67		)	11
Equity in undistributed earnings of subsidiaries	(65		)	3,766			1,112
Net income	3,751			4,050			4,428
Other comprehensive income (loss), net of tax	(333		)	(186		)	442
Comprehensive income	$	3,418		$	3,864		$	4,870

Table 20.2: Parent Company Balance Sheets



	December 31,
(Dollars in millions)	2016		2015
Assets:
Cash and cash equivalents	$	7,296	$	7,245
Investments in subsidiaries	48,297		48,676
Loans to subsidiaries	592		521
Securities available for sale	901		905
Other assets	672		739
Total assets	$	57,758	$	58,086

Liabilities:
Senior and subordinated notes	$	8,304	$	8,657
Borrowings from subsidiaries	1,610		1,591
Accrued expenses and other liabilities	330		554
Total liabilities	10,244		10,802
Total stockholders’ equity	47,514		47,284
Total liabilities and stockholders’ equity	$	57,758	$	58,086

Table 20.3: Parent Company Statements of Cash Flows



	Year Ended December 31,
(Dollars in millions)	2016			2015			2014
Operating activities:
Net income	$	3,751		$	4,050		$	4,428
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiaries	65			(3,766		)	(1,112		)
Other operating activities	(10		)	(300		)	(83		)
Net cash from operating activities	3,806			(16		)	3,233
Investing activities:
Net payments (to) from subsidiaries	(163		)	(172		)	94
Proceeds from paydowns and maturities of securities available for sale	71			65			50
Purchases of securities available for sale	0			0			(143		)
Changes in loans to subsidiaries	(71		)	973			(7		)
Net cash from investing activities	(163		)	866			(6		)
Financing activities:
Borrowings:
Changes in borrowings from subsidiaries	19			18			28
Issuance of senior and subordinated notes	1,487			2,487			1,498
Proceeds from paydowns and maturities of senior and subordinated notes	(1,750		)	(2,625		)	(2,100		)
Common stock:
Net proceeds from issuances	131			111			100
Dividends paid	(812		)	(816		)	(679		)
Preferred stock:
Net proceeds from issuances	1,066			1,472			969
Dividends paid	(214		)	(158		)	(67		)
Purchases of treasury stock	(3,661		)	(2,441		)	(2,045		)
Proceeds from share-based payment activities	142			85			146
Net cash from financing activities	(3,592		)	(1,867		)	(2,150		)
Changes in cash and cash equivalents	51			(1,017		)	1,077
Cash and cash equivalents at beginning of year	7,245			8,262			7,185
Cash and cash equivalents at end of year	$	7,296		$	7,245		$	8,262