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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Operating Activities:      
Net income $ 604 $ 519  
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred income tax (benefit) 7 (26)  
Amortization of other intangible assets 61 58 $ 245
Other non-cash adjustments for depreciation, amortization and accretion, net 232 359  
Losses (gains) related to investment securities, net 1 0  
Provision for credit losses 0 (9)  
Change in trading account assets, net 4 29  
Change in accrued interest and fees receivable, net (168) (197)  
Change in collateral deposits, net (187) 35  
Change in unrealized losses (gains) on foreign exchange derivatives, net (1,075) (6,250)  
Change in other assets, net (955) (377)  
Change in accrued expenses and other liabilities, net 5,862 2,000  
Other, net 200 127  
Net cash (used in) provided by operating activities 4,586 (3,732)  
Investing Activities:      
Net (increase) decrease in interest-bearing deposits with banks 2,348 9,406  
Net (increase) decrease in securities purchased under resale agreements 2,209 (2,132)  
Proceeds from sales of available-for-sale securities 1,600 5,168  
Proceeds from maturities of available-for-sale securities 4,494 5,004  
Purchases of available-for-sale securities (11,689) (12,324)  
Proceeds from maturities of held-to-maturity securities under the MMLF program 0 3,099  
Proceeds from maturities of held-to-maturity securities 3,632 3,840  
Purchases of held-to-maturity securities (4,119) (1,268)  
Sale of loans 38 35  
Net (increase) in loans (2,648) (3,695)  
Business acquisitions, net of cash acquired (3) (214)  
Purchases of equity investments and other long-term assets (71) (34)  
Purchases of premises and equipment, net (138) (162)  
Other, net 11 81  
Net cash provided by (used in) investing activities (4,336) 6,804  
Financing Activities:      
Net (decrease) increase in time deposits (1,298) (1,580)  
Net increase (decrease) in all other deposits (2,696) 6,674  
Net (decrease) increase in securities sold under repurchase agreements 2,702 (2,826)  
Net (decrease) increase in short-term borrowings under money market liquidity facility 0 (3,102)  
Net (decrease) increase in other short-term borrowings (111) (43)  
Proceeds from issuance of long-term debt, net of issuance costs 1,492 844  
Payments for long-term debt and obligations under finance leases (765) (764)  
Payments for redemption of preferred stock 0 (500)  
Repurchases of common stock 0 (475)  
Repurchases of common stock for employee tax withholding 0 (6)  
Payments for cash dividends (229) (209)  
Net cash (used in) provided by financing activities (905) (1,987)  
Net increase (655) 1,085  
Cash and due from banks at beginning of period 3,631 3,467 3,467
Cash and due from banks at end of period $ 2,976 $ 4,552 $ 3,631