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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Unaudited - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net income $ 670 $ 757
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 148 146
Depreciation, amortization and accretion 221 200
Stock-based compensation expense 50 43
(Benefit from) provision for deferred income taxes 10 8
Securities gains, net (9) (14)
(Recovery of) provision for MSR impairment (Mortgage banking net revenue) (39) 28
Net gains on sales of loans and fair value adjustments on loans held for sale (67) (48)
Net losses on disposition and impairment of bank premises and equipment 101 18
Operating lease equipment impairment 34  
Proceeds from sales of loans held for sale 2,391 3,199
Loans originated for sale, net of repayments (2,497) (2,794)
Dividends representing return on equity method investments 7 9
Gain on sale of Vantiv, Inc. shares   125
Net change in:    
Trading securities (10) (16)
Other assets 200 350
Accrued taxes, interest and expenses (110) (99)
Other liabilities (150) (697)
Net Cash Provided by (Used in) Operating Activities 950 965
Sales:    
Available-for-sale securities 8,018 3,449
Loans 695 128
Disposal of bank premises and equipment 17 3
Repayments / maturities:    
Available-for-sale securities 1,587 1,052
Held-to-maturity securities 29 14
Purchases:    
Available-for-sale securities (14,783) (8,283)
Bank premises and equipment (78) (107)
Proceeds from sale and dividends representing return of equity method investments 24 221
Net change in:    
Other short-term investments 4,463 2,730
Loans and leases (3,079) (2,421)
Operating lease equipment (12) 30
Net Cash (Used in) Provided by Investing Activities (3,119) (3,184)
Net change in:    
Core deposits 1,360 (375)
Certificates - $100,000 and over, including foreign office and other (49) (2,948)
Federal funds purchased (18) (130)
Other short-term borrowings 2,580 1,766
Dividends paid on common shares (213) (204)
Dividends paid on preferred shares (38) (32)
Proceeds from issuance of long-term debt   4,758
Repayment of long-term debt (1,400) (506)
Repurchase of treasury shares and related forward contract (335) (249)
Issuance of preferred shares   297
Other (24) (24)
Net Cash Provided by (Used in) Financing Activities 1,863 2,353
Increase (Decrease) in Cash and Due from Banks (306) 134
Cash and Due from Banks at Beginning of Period 3,091 [1] 3,178
Cash and Due from Banks at End of Period $ 2,785 [1] $ 3,312
[1] Includes $156 and $179 of cash and due from banks, $2,547 and $3,378 of portfolio loans and leases, $(29) and $(22) of ALLL, $23 and $25 of other assets, $4 and $5 of other liabilities, and $2,542 and $3,434 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2015 and December 31, 2014, respectively. For further information refer to Note 10.