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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Operating Activities:              
Net income $ 694 $ 634 $ 587 $ 508 $ 1,328 $ 1,095  
Adjustments to reconcile net income to net cash provided by operating activities:              
Deferred income tax expense (benefit)         3 56  
Amortization of other intangible assets 58   59   116 119 $ 236
Other non-cash adjustments for depreciation, amortization and accretion, net         568 515  
Losses (gains) related to investment securities, net         (2) (1)  
Change in trading account assets, net         31 (34)  
Change in accrued interest and fees receivable, net         (3) 1  
Change in collateral deposits, net         166 (3,711)  
Change in unrealized losses (gains) on foreign exchange derivatives, net         (789) 1,601  
Change in other assets, net         (844) (1,317)  
Change in accrued expenses and other liabilities, net         4,494 1,107  
Other, net         307 242  
Net cash provided by (used in) operating activities         5,375 (327)  
Investing Activities:              
Net decrease (increase) in interest-bearing deposits with banks         (21,234) 10,506  
Net decrease (increase) in securities purchased under resale agreements         (2,539) 2,947  
Proceeds from sales of available-for-sale securities         2,086 3,947  
Proceeds from maturities of available-for-sale securities         10,147 9,166  
Purchases of available-for-sale securities         (16,761) (20,216)  
Purchases of held-to-maturity securities under the MMLF program         (29,242) 0  
Proceeds from maturities of held-to-maturity securities under the MMLF program         18,014 0  
Proceeds from maturities of held-to-maturity securities         6,041 4,917  
Purchases of held-to-maturity securities         (3,997) (2,797)  
Net (increase) in loans         (551)    
Net (increase) in loans           369  
Business acquisitions, net of cash acquired         0 (54)  
Purchases of equity investments and other long-term assets         (810) (184)  
Purchases of premises and equipment, net         (271) (342)  
Other, net         822 294  
Net cash (used in) provided by investing activities         (38,295) 8,553  
Financing Activities:              
Net (decrease) increase in time deposits         (33,097) (5,228)  
Net increase (decrease) in all other deposits         51,686 (4,538)  
Net increase in short-term borrowings under money market liquidity facility         11,261 0  
Net (decrease) increase in other short-term borrowings         2,484 2,594  
Proceeds from issuance of long-term debt, net of issuance costs         2,497 0  
Payments for long-term debt and obligations under finance leases         (16) (39)  
Payments for redemption of preferred stock         (500) 0  
Repurchases of common stock         (515) (600)  
Repurchases of common stock for employee tax withholding         (52) (56)  
Payments for cash dividends         (445) (461)  
Net cash (used in) financing activities         33,303 (8,328)  
Net increase         383 (102)  
Cash and due from banks at beginning of period   $ 3,302   $ 3,212 3,302 3,212 3,212
Cash and due from banks at end of period $ 3,685   $ 3,110   $ 3,685 $ 3,110 $ 3,302