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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities      
Net income $ 2,193 $ 2,180 [1] $ 1,543 [1]
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for (benefit from) loan and lease losses 237 261 [1] 343 [1]
Depreciation, amortization and accretion 360 341 [1] 453 [1]
Stock-based compensation expense 127 118 [1] 111 [1]
(Benefit from) provision for deferred income taxes 30 (252) [1] (141) [1]
Securities losses (gains), net 54 (3) [1] (7) [1]
Securities losses (gains), net - non-qualifying hedges on mortgage servicing rights 15 (2) [1] 0 [1]
MSR fair value adjustment 83 122 [1] 0 [1]
(Recovery of) provision for MSR impairment 0 0 [1] (7) [1]
Net gains on sales of loans and fair value adjustments on loans held for sale (71) (108) [1] (101) [1]
Net losses on disposition and impairment of bank premises and equipment (43) 0 [1] (13) [1]
Gain on sale of certain retail branch operations 0 0 [1] (19) [1]
Net (gains) losses on disposition and impairment of operating lease equipment 6 (39) [1] (9) [1]
Gain related to Vantiv Inc.'s acquisition of Worldpay Group plc. (414) 0 0
Gain on sale of Worldpay, Inc. shares (205) (1,037) 0
Gain on the TRA associated with Worldpay, Inc. (20) (44) [1] (197) [1]
Proceeds from sales of loans held for sale 5,199 6,453 [1] 6,895 [1]
Loans originated or purchased for sale, net of repayments (5,378) (6,054) [1] (7,014) [1]
Dividends representing return on equity method investments 12 46 [1] 28 [1]
Net change in:      
Trading and equity securities 132 (442) [1] (23) [1]
Other assets 303 (22) [1] 338 [1]
Accrued taxes, interest and expenses 147 (138) [1] (157) [1]
Other liabilities 15 22 [1] 24 [1]
Net Cash Provided by (Used in) Operating Activities 2,856 1,480 [1] 2,091 [1]
Proceeds from sales:      
Available-for-sale debt and other securities 12,430 12,637 [1] 18,280 [1]
Loans and leases 305 164 [1] 360 [1]
Bank premises and equipment 57 40 [1] 82 [1]
Proceeds from repayments / maturities:      
Available-for-sale debt and other securities 1,845 2,331 [1] 3,776 [1]
Held-to-maturity securities 6 3 [1] 44 [1]
Purchases:      
Available-for-sale debt and other securities (16,207) (15,295) [1] (24,636) [1]
Bank premises and equipment (192) (200) [1] (186) [1]
MSRs (82) (109) [1] 0 [1]
Proceeds from sale and dividends representing return of equity method investments 604 1,363 [1] 64 [1]
Proceeds from settlement of BOLI 16 14 [1] 23 [1]
Net cash paid on sale of certain retail branch operations 0 0 [1] (219) [1]
Net cash paid on acquisitions (43) (44) [1] 0 [1]
Net change in:      
Other short-term investments 928 1 [1] (83) [1]
Loans and leases (3,866) (446) [1] (243) [1]
Operating lease equipment 58 (31) [1] (126) [1]
Net Cash (Used in) Provided by Investing Activities (4,141) 428 [1] (2,864) [1]
Net change in:      
Deposits 5,673 (659) [1] 1,146 [1]
Federal funds purchased 1,751 42 [1] (19) [1]
Other short-term borrowings (3,439) 477 [1] 2,028 [1]
Dividends paid on common stock (467) (430) [1] (402) [1]
Dividends paid on preferred stock (98) (75) [1] (52) [1]
Proceeds from issuance of long-term debt 2,438 2,490 [1] 3,735 [1]
Repayment of long-term debt (2,884) (1,969) [1] (5,119) [1]
Repurchase of treasury stock and related forward contract 1,453 1,605 [1] 661 [1]
Other (69) (57) [1] (31) [1]
Net Cash Provided (Used in) by Financing Activities 1,452 (1,786) [1] 625 [1]
Increase (Decrease) in Cash and Due from Banks 167 122 [1] (148) [1]
Cash and Due from Banks at Beginning of Period [1] 2,514 2,392 2,540
Cash and Due from Banks at End of Period $ 2,681 $ 2,514 [1] $ 2,392 [1]
[1]

Effective in the fourth quarter of 2018, Fifth Third retrospectively applied a change in its accounting policy for investments in affordable housing projects that qualify for LIHTC in accordance with ASU 2014-01. Refer to Note 1 for additional information.