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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating activities    
Net income $ 10,986 $ 8,121
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 2,979 10,373
Depreciation and amortization 2,123 1,934
Amortization of intangibles 429 478
Deferred tax benefit 679 (567)
Investment securities gains (939) (1,610)
Stock-based compensation 1,557 1,774
Originations and purchases of loans held-for-sale (41,637) (14,259)
Proceeds from sales, securitizations and paydowns of loans held-for-sale 42,444 18,374
Net change in trading assets 34,934 17,953
Net change in securities borrowed 2,095 (2,620)
Net change in accrued interest and accounts receivable (10,151) 9,270
Net change in other assets 1,172 (18,675)
Net change in trading liabilities (7,627) 19,396
Net change in accounts payable and other liabilities 12,993 (1,066)
Other operating adjustments (6,688) 3,149
Net cash provided by operating activities 58,725 45,727
Investing activities    
Net change in deposits with banks (148,193) 23,866
Net change in federal funds sold and securities purchased under resale agreements 9,195 (3,343)
Held-to-maturity securities:    
Proceeds 3 4
Available-for-sale securities:    
Proceeds from maturities 39,902 57,012
Proceeds from sales 42,994 77,754
Purchases (83,322) (102,291)
Proceeds from sales and securitizations of loans held-for-investment 7,755 5,850
Other changes in loans, net (14,133) 13,138
Net cash used in business acquisitions or dispositions (14) (6)
All other investing activities, net 6 1,690
Net cash (used in)/provided by investing activities (145,807) 73,674
Financing activities    
Deposits 110,896 (46,179)
Federal funds purchased and securities loaned or sold under repurchase agreeme (22,499) (24,023)
Commercial paper and other borrowed funds 12,669 (963)
Beneficial interests issued by consolidated variable interest entities (566) (2,273)
Proceeds from long-term borrowings and trust preferred capital debt securities 36,855 20,894
Payments of long-term borrowings and trust preferred capital debt securities (42,132) (58,424)
Excess tax benefits related to stock-based compensation 776 21
Treasury stock purchased (3,575) (135)
Dividends paid (1,565) (745)
All other financing activities, net (1,534) (497)
Net cash provided by/(used in) financing activities 89,325 (112,324)
Effect of exchange rate changes on cash and due from banks 656 (477)
Net increase in cash and due from banks 2,899 6,600
Cash and due from banks at the beginning of the period 27,567 26,206
Cash and due from banks at the end of the period 30,466 32,806
Cash interest paid 7,544 6,363
Cash income taxes paid, net $ 4,753 $ 5,361