XML 109 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities      
Net income $ 1,826 $ 1,574 $ 1,298
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan and lease losses 229 303 423
Depreciation, amortization and accretion 507 531 455
Stock-based compensation expense 78 69 59
Provision for deferred income taxes 253 271 437
Securities gains (199) (69) (58)
Securities gains - non-qualifying hedges on mortgage servicing rights (13) (10) (24)
Securities losses 178 54 12
Securities losses - non-qualifying hedges on mortgage servicing rights   7 15
(Recovery of) provision for MSR impairment (Mortgage banking net revenue) (192) 103 242
Net gains on sales of loans and fair value adjustments on loans held for sale (372) (278) (145)
Bank premises and equipment impairment (6) (21)  
Capitalized servicing rights (250) (305) (236)
Loss (gain) on extinguishment on TruPS (8) (169)  
Proceeds from sales of loans held for sale 22,047 22,044 14,783
Loans originated for sale, net of repayments (19,003) (21,439) (15,199)
Proceeds from Equity Method Investment, Dividends or Distributions 54 45 13
Gain on sale of Vantiv, Inc. IPO and sale of Vantiv, Inc. shares (336) (272)  
Net change in:      
Trading securities (131) (28) 115
Other assets (672) 4 (67)
Accrued taxes, interest and expenses 8 1 79
Other liabilities 569 (238) 164
Net Cash Provided by (Used in) Operating Activities 4,595 2,557 2,366
Sales:      
Available-for-sale securities 9,328 2,521 2,471
Loans 657 275 371
Disposal of bank premises and equipment 33 13 35
Repayments / maturities:      
Available-for-sale securities 3,191 4,100 3,502
Held-to-maturity securities 74 36 29
Purchases:      
Available-for-sale securities (16,216) (6,813) (5,689)
Bank premises and equipment (274) (362) (319)
Proceeds from sale and dividends representing return of equity method investments 674 393 63
Net change in:      
Other short-term investments (2,695) (640) (267)
Loans and leases (4,750) (5,930) (5,422)
Operating lease equipment (206) (126) (59)
Net Cash (Used in) Provided by Investing Activities (10,184) (6,533) (5,285)
Net change in:      
Core deposits 6,550 3,529 5,264
Certificates - $100,000 and over, including foreign office and other 3,208 279 (1,202)
Federal funds purchased (618) 555 67
Other short-term borrowings (4,900) 3,041 1,665
Dividends paid on common shares (393) (309) (192)
Dividends paid on preferred shares (37) (35) (50)
Proceeds from issuance of long-term debt 5,044 523 1,500
Repayment of long-term debt (2,225) (3,159) (1,607)
Repurchase of treasury shares and related forward contract (1,320) (650)  
Issuance of preferred shares 1,034    
Issuance of common shares     1,648
Redemption of preferred shares, Series F     (3,408)
Redemption of stock warrant     (280)
Capital contribution from noncontrolling interest     21
Other (17) (20) (3)
Net Cash Used In Financing Activities 6,326 3,754 3,423
Increase (Decrease) in Cash and Due from Banks 737 (222) 504
Cash and Due from Banks at Beginning of Period 2,441 [1] 2,663 2,159
Cash and Due from Banks at End of Period $ 3,178 [1] $ 2,441 [1] $ 2,663
[1] At December 31, 2013 and 2012, includes $49 and $0 of cash and due from banks, $48 and $50 of commercial mortgage loans, $ 1,010 and $0 of automobile loans, $(15) and $(5) of ALLL, $13 and $3 of other assets, $1 and $0 of other liabilities, $ 1,048 and $0 of long-term debt from consolidated VIEs that are included in their respective captions. See Note 10.