XML 237 R202.htm IDEA: XBRL DOCUMENT v3.20.4
Parent Company Financial Statements - Condensed Statement of Cash Flow - Parent Company Only (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating Activities      
Net Income $ 1,427 $ 2,512 $ 2,193
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for (benefit from) deferred income taxes (162) (246) 30
Equity in undistributed earnings 0 (2) (1)
Net change in:      
Equity securities 12 (29) 132
Other assets (855) 20 303
Net Cash Provided by Operating Activities 371 1,824 2,856
Investing Activities      
Other short-term investments and federal funds sold (31,446) (612) 928
Net Cash Used in Investing Activities (31,902) (797) (4,141)
Financing Activities      
Dividends paid on common and preferred stock (858) (753) (565)
Proceeds from issuance of long-term debt 2,557 3,866 2,438
Repayment of long-term debt (2,799) (4,212) (2,884)
Issuance of preferred stock 346 242 0
Repurchase of treasury stock and related forward contract 0 (1,763) (1,453)
Other, net (47) (58) (69)
Net Cash Provided by (Used in) Financing Activities 31,400 (430) 1,452
Cash and Due from Banks at Beginning of Period 3,278 2,681 2,514
Cash and Due from Banks at End of Period 3,147 3,278 2,681
Parent Company      
Operating Activities      
Net Income 1,427 2,512 2,193
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization and accretion 7 7 4
Provision for (benefit from) deferred income taxes 0 (11) 3
Securities gains, net (1) (2) 0
Equity in undistributed earnings (351) (594) (474)
Net change in:      
Equity securities 0 (49) 0
Other assets (1) (80) 61
Accrued expenses and other liabilities 0 127 (120)
Net Cash Provided by Operating Activities 1,081 1,910 1,667
Investing Activities      
Other short-term investments and federal funds sold (855) (1,081) (149)
Loans to nonbank subsidiaries 94 127 272
Net cash paid on acquisition 0 (469) 0
Net Cash Used in Investing Activities (761) (1,423) 123
Financing Activities      
Net change in other short-term borrowings 91 106 (62)
Dividends paid on common and preferred stock (858) (753) (565)
Proceeds from issuance of long-term debt 1,243 2,235 895
Repayment of long-term debt (1,100) (500) (500)
Issuance of preferred stock 346 242 0
Repurchase of treasury stock and related forward contract 0 (1,763) (1,453)
Other, net (40) (56) (65)
Net Cash Provided by (Used in) Financing Activities (318) (489) (1,750)
Increase (Decrease) in Cash 2 (2) 40
Cash and Due from Banks at Beginning of Period 118 120 80
Cash and Due from Banks at End of Period $ 120 $ 118 $ 120