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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities:      
Net income $ 2,242 $ 2,593 $ 2,156
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred income tax expense (benefit) (130) (136) 92
Amortization of other intangible assets 236 226 214
Other non-cash adjustments for depreciation, amortization and accretion, net 1,101 977 871
Losses (gains) related to investment securities, net 1 (6) 39
Change in trading account assets, net (54) 233 (69)
Change in accrued interest and fees receivable, net (28) 26 (455)
Change in collateral deposits, net 287 7,326 1,819
Change in unrealized losses (gains) on foreign exchange derivatives, net 2,034 (1,836) 3,267
Change in other assets, net (713) (22) (1,334)
Change in accrued expenses and other liabilities, net 294 394 33
Other, net 420 400 307
Net cash provided by operating activities 5,690 10,175 6,940
Investing Activities:      
Net decrease (increase) in interest-bearing deposits with banks 4,075 (5,813) 3,708
Net decrease (increase) in securities purchased under resale agreements 3,192 (1,438) (1,285)
Proceeds from sales of available-for-sale securities 5,642 26,082 12,439
Proceeds from maturities of available-for-sale securities 20,407 14,645 28,878
Purchases of available-for-sale securities (38,164) (31,814) (34,841)
Proceeds from maturities of held-to-maturity securities 10,390 6,296 4,028
Purchases of held-to-maturity securities (6,938) (6,539) (8,772)
Net (increase) in loans and leases (519) (2,461) (3,511)
Business acquisitions, net of cash acquired (54) (2,595) 0
Purchases of equity investments and other long-term assets (647) (326) (233)
Purchases of premises and equipment, net (730) (609) (637)
Proceeds from sale of joint venture investment 0 0 172
Other, net 720 76 102
Net cash (used in) provided by investing activities (2,626) (4,496) 48
Financing Activities:      
Net (decrease) increase in time deposits (11,255) 6,673 (15,306)
Net increase (decrease) in all other deposits 12,767 (11,209) 13,040
Net (decrease) increase in other short-term borrowings (2,233)   (1,999)
Net (decrease) increase in other short-term borrowings   188  
Proceeds from issuance of long-term debt, net of issuance costs 1,495 995 747
Payments for long-term debt and obligations under finance leases (402) (1,461) (493)
Payments for redemption of preferred stock (750) 0 0
Proceeds from issuance of preferred stock, net of issuance costs 0 495 0
Proceeds from issuance of common stock, net of issuance costs 0 1,150 0
Repurchases of common stock (1,585) (350) (1,292)
Excess tax benefit related to stock-based compensation 0 0
Repurchases of common stock for employee tax withholding (81) (124) (126)
Payments for cash dividends (930) (828) (768)
Other, net 0 0 9
Net cash (used in) financing activities (2,974) (4,471) (6,188)
Net increase 90 1,208 800
Cash and due from banks at beginning of period 3,212 2,004 1,204
Cash and due from banks at end of period 3,302 3,212 2,004
Supplemental disclosure:      
Interest paid 1,382 981 593
Income taxes paid, net $ 510 $ 549 $ 345