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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Unaudited - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities    
Net income $ 1,290 $ 672
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for (benefit from) loan and lease losses 56 126
Depreciation, amortization and accretion 226 170
Stock-based compensation expense 80 69
Provision for (benefit from) deferred income taxes 5 (5)
Securities gains (losses), net 17 (1)
Securities gains (losses), net - non-qualifying hedges on mortgage servicing rights 17 (2)
MSR Fair Value Adjustment [1] (16) 70
Net gains on sales of loans and fair value adjustments on loans held for sale (36) (57)
Net losses (gains) on disposition and impairment of bank premises and equipment (41) (2)
Net losses on disposition and impairment of operating lease equipment (2) (19)
Gain on Vantiv and Worldpay transaction (414) 0
Gain on sale of Worldpay, Inc. shares (205) 0
Proceeds from sales of loans held for sale 2,557 3,141
Loans originated for sale, net of repayments (2,821) (3,078)
Dividends representing return on equity method investments 6 18
Net change in:    
Trading securities 151 (427)
Other assets 316 (44)
Accrued taxes, interest and expenses (30) (245)
Other liabilities 51 214
Net Cash Provided by (Used in) Operating Activities 1,293 642
Proceeds from sales:    
Available-for-sale securities 10,283 4,633
Loans 113 92
Bank premises and equipment 28 18
Proceeds from repayments / maturities:    
Available-for-sale securities 997 1,178
Held-to-maturity securities 5 0
Purchases:    
Available-for-sale securities (12,194) (5,828)
Bank premises and equipment (98) (111)
MSRs (50) (109)
Proceeds from sale and dividends representing return of equity method investments 563 85
Proceeds from settlement of BOLI 7 6
Net cash paid on acquisitions (20) (12)
Net change in:    
Other short-term investments 1,117 591
Loans and leases (264) 350
Operating lease equipment (3) (43)
Net Cash Provided by (Used in) Investing Activities 484 850
Net change in:    
Deposits 969 (1,941)
Federal funds purchased 423 (15)
Other short-term borrowings (2,249) 1,854
Dividends paid on common stock (223) (235)
Dividends paid on preferred stock (38) (38)
Proceeds from issuance of long-term debt 895 697
Repayment of long-term debt (1,397) (1,631)
Repurchase of treasury stock and related forward contract 553 342
Other (66) (30)
Net Cash Provided by (Used in) Financing Activities (2,239) (1,681)
Increase (Decrease) in Cash and Due from Banks (462) (189)
Cash and Due from Banks at Beginning of Period 2,514 2,392 [2]
Cash and Due from Banks at End of Period $ 2,052 $ 2,203
[1]

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

[2]

Includes $ 47 and $ 62 of other short-term investments , $ 908 and $ 1,297 of portfolio loans and leases, $ (5) and $ (6) of ALLL, $ 5 and $ 7 of other assets, $ 2 and $ 2 of other liabilities, and $ 830 and $ 1,190 of long-term debt from consolidated VIEs that are included in their respe ctive captions above at June 30, 2018 and December 31, 2017 , respectively. For further information refer to Note 9 .