XML 20 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statement of Cash Flows (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities    
Net income $ 2,871 $ 3,018
Net (income) attributable to noncontrolling interests (4) (17)
Net income applicable to shareholders of The Bank of New York Mellon Corporation 2,867 3,001
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Provision for credit losses [1] 321 (17)
Pension plan contributions (18) (30)
Depreciation and amortization 1,175 971
Deferred tax (benefit) (351) (185)
Net securities (gains) (27) (7)
Change in trading assets and liabilities 1,736 (1,880)
Change in accruals and other, net 200 714
Net cash provided by operating activities 5,903 2,567
Investing activities    
Change in interest-bearing deposits with banks (3,808) (1,503)
Change in interest-bearing deposits with the Federal Reserve and other central banks (9,775) (7,171)
Purchases of securities held-to-maturity (23,507) (5,390)
Paydowns of securities held-to-maturity 6,291 3,501
Maturities of securities held-to-maturity 5,477 2,274
Purchases of securities available-for-sale (56,860) (33,929)
Sales of securities available-for-sale 10,824 7,482
Paydowns of securities available-for-sale 7,300 5,260
Maturities of securities available-for-sale 21,113 20,006
Net change in loans (537) 1,478
Sales of loans and other real estate 10 147
Change in federal funds sold and securities purchased under resale agreements 525 3,071
Net change in seed capital investments 20 68
Purchases of premises and equipment/capitalized software (956) (1,112)
Other, net (417) 588
Net cash (used for) investing activities (44,300) (5,230)
Financing activities    
Change in deposits 35,736 13,207
Change in federal funds purchased and securities sold under repurchase agreements 4,299 (2,447)
Change in payables to customers and broker-dealers 4,627 (1,332)
Change in other borrowed funds (183) (2,422)
Change in commercial paper (3,288) 1,599
Net proceeds from the issuance of long-term debt 2,245 2,246
Repayments of long-term debt (4,400) (4,250)
Proceeds from the exercise of stock options 36 51
Issuance of common stock 9 19
Issuance of preferred stock 990 0
Treasury stock acquired (988) (2,286)
Common cash dividends paid (838) (834)
Preferred cash dividends paid (146) (120)
Other, net 36 23
Net cash provided by financing activities 38,135 3,454
Effect of exchange rate changes on cash (10) (57)
Change in cash and due from banks and restricted cash    
Change in cash and due from banks and restricted cash (272) 734
Cash and due from banks and restricted cash at beginning of period 7,267 8,258
Cash and due from banks and restricted cash at end of period 6,995 8,992
Cash and due from banks and restricted cash at end of period 6,995 8,992
Supplemental disclosures    
Interest paid 1,166 3,528
Income taxes paid 1,112 697
Income taxes refunded $ 23 $ 445
[1] In the first quarter of 2020, we adopted new accounting guidance included in ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments, on a prospective basis. See Note 2 of the Notes to Consolidated Financial Statements for additional information.