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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Mar. 31, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Operating Activities:                
Net income   $ 714 $ 519 $ 555 $ 634 $ 1,996 $ 1,883  
Adjustments to reconcile net income to net cash provided by operating activities:                
Deferred income tax (benefit)           (52) (35)  
Amortization of other intangible assets   62   59   183 175 $ 234
Other non-cash adjustments for depreciation, amortization and accretion, net           1,015 (793)  
Losses (gains) related to investment securities, net           1 (2)  
Provision for credit losses           (26) 88  
Change in trading account assets, net           94 74  
Change in accrued interest and fees receivable, net           (302) (60)  
Change in collateral deposits, net           (7,723) 1,369  
Change in unrealized losses (gains) on foreign exchange derivatives, net           (8,131) (2,934)  
Change in other assets, net           279 (430)  
Change in accrued expenses and other liabilities, net           1,468 526  
Other, net           261 295  
Net cash (used in) provided by operating activities           (10,937) 156  
Investing Activities:                
Net (increase) decrease in interest-bearing deposits with banks           9,407 (7,002)  
Net (increase) decrease in securities purchased under resale agreements           259 (3,012)  
Proceeds from sales of available-for-sale securities           9,252 2,245  
Proceeds from maturities of available-for-sale securities           16,281 16,257  
Purchases of available-for-sale securities           (39,972) (30,344)  
Purchases of held-to-maturity securities under the MMLF program           0 (29,242)  
Proceeds from maturities of held-to-maturity securities under the MMLF program           3,299 24,457  
Proceeds from maturities of held-to-maturity securities           12,564 10,863  
Purchases of held-to-maturity securities           (5,984) (8,994)  
Sale of loans           64 242  
Net (increase) in loans           (4,873) (967)  
Business acquisitions, net of cash acquired           (346) 0  
Divestitures           13 0  
Purchases of equity investments and other long-term assets           (122) (1,237)  
Purchases of premises and equipment, net           (556) (424)  
Other, net           236 1,036  
Net cash provided by (used in) investing activities           (478) (26,122)  
Financing Activities:                
Net (decrease) increase in time deposits           (1,643) (35,146)  
Net increase (decrease) in all other deposits           21,227 50,786  
Net (decrease) increase in securities sold under repurchase agreements           (2,776) 1,328  
Net (decrease) increase in short-term borrowings under money market liquidity facility           (3,302) 4,819  
Net (decrease) increase in other short-term borrowings           (137) 4,999  
Proceeds from issuance of long-term debt, net of issuance costs           844 2,497  
Payments for long-term debt and obligations under finance leases           (1,530) (24)  
Payments for redemption of preferred stock           (500) (500)  
Proceeds from issuance of common stock, net of issuance costs $ 1,900         1,900 0  
Repurchases of common stock           (900) (515)  
Repurchases of common stock for employee tax withholding           (6) (66)  
Payments for cash dividends           (623) (666)  
Net cash (used in) provided by financing activities           12,554 27,512  
Net increase           1,139 1,546  
Cash and due from banks at beginning of period     $ 3,467   $ 3,302 3,467 3,302 3,302
Cash and due from banks at end of period $ 4,606 $ 4,606   $ 4,848   $ 4,606 $ 4,848 $ 3,467