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CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Operating Activities:      
Net income $ 764 $ 644  
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred income tax 28 18  
Amortization of other intangible assets 57 54 $ 223
Other non-cash adjustments for depreciation, amortization and accretion, net 160 34  
Gains related to investment securities, net (1) 0  
Provision for credit losses 16 12  
Change in trading account assets, net (15) 25  
Change in accrued interest and fees receivable, net (313) (247)  
Change in collateral deposits, net (5,682) (1,697)  
Change in unrealized losses on foreign exchange derivatives, net (4,369) 4,613  
Change in other assets, net (4,650) (1,761)  
Change in accrued expenses and other liabilities, net 1,625 545  
Other, net 237 156  
Net cash (used in) provided by operating activities (12,143) 2,396  
Investing Activities:      
Net increase (decrease) in interest-bearing deposits with banks 3,356 (6,507)  
Net increase in securities purchased under resale agreements (1,375) (1,291)  
Proceeds from sales of available-for-sale securities 3,944 2,047  
Proceeds from maturities of available-for-sale securities 5,301 8,832  
Purchases of available-for-sale securities (13,936) (18,449)  
Proceeds from maturities of held-to-maturity securities 1,420 2,333  
Sale of loans 132 85  
Net increase in loans (2,858) (1,281)  
Purchases of equity investments and other long-term assets (156) (47)  
Purchases of premises and equipment, net (270) (226)  
Other, net 59 (103)  
Net cash used in investing activities (4,383) (14,607)  
Financing Activities:      
Net (decrease) increase in time deposits (1,097) 2,663  
Net increase in all other deposits 20,086 7,469  
Net increase (decrease) in securities sold under repurchase agreements 128 (157)  
Net increase in other short-term borrowings 159 2,010  
Proceeds from issuance of long-term debt, net of issuance costs 123 2,737  
Payments for long-term debt and obligations under finance leases (5) (1,312)  
Proceeds from issuance of preferred stock, net of issuance costs 0 743  
Repurchases of common stock (400) (100)  
Repurchases of common stock for employee tax withholding (85) (57)  
Payments for cash dividends (293) (266)  
Other, net (5) (6)  
Net cash provided by financing activities 18,611 13,724  
Net increase in cash and due from banks 2,085 1,513  
Cash and due from banks at beginning of period 4,433 3,145 3,145
Cash and due from banks at end of period 6,518 4,658 $ 4,433
Supplemental disclosure:      
Interest paid 1,784 2,074  
Income taxes paid, net $ 92 $ 186