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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Unaudited - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income $ 704 $ 305
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for (benefit from) loan and lease losses 23 74
Depreciation, amortization and accretion 93 89
Stock-based compensation expense 45 45
Provision for (benefit from) deferred income taxes 24 (11)
Securities gains (losses), net 12 (1)
Securities gains (losses), net - non-qualifying hedges on mortgage servicing rights 13 0
MSR Fair Value Adjustment [1] (28) 23
Net gains on sales of loans and fair value adjustments on loans held for sale (16) (34)
Net losses (gains) on disposition and impairment of bank premises and equipment (8) (1)
Net losses on disposition and impairment of operating lease equipment (2) (20)
Gain on Vantiv and Worldpay transaction (414) 0
Proceeds from sales of loans held for sale 1,055 1,627
Loans originated for sale, net of repayments (1,293) (1,483)
Dividends representing return on equity method investments 3 9
Net change in:    
Trading securities (74) (277)
Other assets 244 109
Accrued taxes, interest and expenses (195) (142)
Other liabilities 59 176
Net Cash Provided by (Used in) Operating Activities 265 530
Proceeds from sales:    
Available-for-sale securities 7,345 2,191
Loans 57 21
Bank premises and equipment 18 6
Proceeds from repayments / maturities:    
Available-for-sale securities 543 604
Purchases:    
Available-for-sale securities (8,605) (2,975)
Bank premises and equipment (48) (52)
MSRs (24) (29)
Proceeds from sale and dividends representing return of equity method investments 11 69
Proceeds from settlement of BOLI 3 6
Net cash paid on acquisitions (20) 0
Net change in:    
Other short-term investments 1,006 1,110
Loans and leases (122) 368
Operating lease equipment (1) (6)
Net Cash Provided by (Used in) Investing Activities 163 1,313
Net change in:    
Deposits 2,299 335
Federal funds purchased 4 23
Other short-term borrowings (2,677) (1,520)
Dividends paid on common stock (112) (106)
Dividends paid on preferred stock (23) (38)
Proceeds from issuance of long-term debt 645 0
Repayment of long-term debt (686) (714)
Repurchase of treasury stock and related forward contract 318 0
Other (36) (10)
Net Cash Provided by (Used in) Financing Activities (904) (2,030)
Increase (Decrease) in Cash and Due from Banks (476) (187)
Cash and Due from Banks at Beginning of Period 2,514 2,392 [2]
Cash and Due from Banks at End of Period $ 2,038 $ 2,205
[1]

(a) Included in mortgage banking net revenue in the Condensed Consolidated Statements of Income.

[2]

Includes $ 66 and $ 62 of other short-term investments , $ 1,135 and $ 1,297 of portfolio loans and leases, $ (6) and $ (6) of ALLL, $ 6 and $ 7 of other assets, $ 2 and $ 2 of other liabilities, and $ 1,031 and $ 1,190 of long-term debt from consolidated VIEs that are included in their respe ctive captions above at March 31, 2018 and December 31, 2017 , respectively. For further information refer to Note 9 .