XML 44 R29.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed MUFG Americas Holdings Corporation Unconsolidated Financial Statements (Parent Company)
 12 Months Ended
Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed UnionBanCal Corporation Unconsolidated Financial Statements (Parent Company)
Condensed MUFG Americas Holding Corporation Unconsolidated Financial Statements (Parent Company)
Condensed Balance Sheets
 
 
December 31,
(Dollars in millions)
 
2015
 
2014 (1)
Assets
 
 

 
 

Cash and cash equivalents
 
$
407

 
$
328

Investments in and advances to subsidiaries
 
18,023

 
15,341

Other assets
 
25

 
4

Total assets
 
$
18,455

 
$
15,673

Liabilities and Stockholder's Equity
 
 

 
 

Long-term debt
 
$
2,932

 
$
750

Other liabilities
 
44

 
1

Total liabilities
 
2,976

 
751

Stockholder's equity
 
15,479

 
14,922

Total liabilities and stockholder's equity
 
$
18,455

 
$
15,673


 
 
(1)
Prior period amounts have been revised to reflect the January 1, 2015 adoption of Accounting Standards Update 2014-01 related to investments in qualified affordable housing projects.

Condensed Statements of Income
 
 
Years Ended December 31,
(Dollars in millions)
 
2015
 
2014 (1)
 
2013 (1)
Income:
 
 

 
 

 
 

Rental Income
 
$
16

 
$
—

 
$
—

Interest income on advances to subsidiaries and deposits in bank
 
9

 
—

 
—

Total income
 
25

 
—

 
—

Expense:
 
 

 
 

 
 

Interest expense
 
65

 
21

 
31

Other expense
 
20

 
4

 
4

Total expense
 
85

 
25

 
35

Income (loss) before income taxes and equity in undistributed net income of subsidiaries
 
(60
)
 
(25
)

(35
)
Income tax benefit
 
(24
)
 
(10
)
 
(14
)
Income (loss) before equity in undistributed net income of subsidiaries        
 
(36
)
 
(15
)
 
(21
)
Equity in undistributed net income (loss) of subsidiaries:
 
 

 
 

 
 

Bank subsidiary
 
558

 
752

 
605

Nonbank subsidiaries
 
51

 
79

 
63

Net Income
 
$
573

 
$
816

 
$
647


 
 
(1)
Prior period amounts have been revised to reflect the January 1, 2015 adoption of Accounting Standards Update 2014-01 related to investments in qualified affordable housing projects.

Condensed Statements of Cash Flows
 
 
Years Ended December 31,
(Dollars in millions)
 
2015
 
2014 (1)
 
2013 (1)
Cash Flows from Operating Activities:
 
 

 
 

 
 

Net income
 
$
573

 
$
816

 
$
647

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
 
 

 
 

 
 

Equity in undistributed net (income) loss of subsidiaries
 
(609
)
 
(831
)
 
(668
)
Other, net
 
9

 
1

 
14

Net cash provided by (used in) operating activities
 
(27
)
 
(14
)
 
(7
)
Cash Flows from Investing Activities:
 
 

 
 

 
 

Investments in and advances to subsidiaries
 
(2,070
)
 
—

 
(1,700
)
Repayment of investments in and advances to subsidiaries
 
7

 
165

 
35

Net cash used in investing activities
 
(2,063
)
 
165

 
(1,665
)
Cash Flows from Financing Activities:
 
 

 
 

 
 

Capital contribution from BTMU
 
—

 
—

 
1,200

Proceeds from issuance of subordinated loan due to BTMU
 
—

 
—

 
300

Proceeds from issuance of senior debt
 
2,197

 
—

 
—

Repayment of subordinated debt
 
(17
)
 
—

 
(400
)
Repayment of junior subordinated debt
 
—

 
(14
)
 
—

Other, net
 
(11
)
 
—

 
—

Net cash provided by (used in) financing activities
 
2,169

 
(14
)
 
1,100

Net increase (decrease) in cash and cash equivalents
 
79

 
137

 
(572
)
Cash and cash equivalents at beginning of year
 
328

 
191

 
763

Cash and cash equivalents at end of year
 
$
407

 
$
328

 
$
191


 
 
(1)
Prior period amounts have been revised to reflect the January 1, 2015 adoption of Accounting Standards Update 2014-01 related to investments in qualified affordable housing projects.