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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Unaudited - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities    
Net income $ 775 $ 701
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for (benefit from) credit losses 90 13
Depreciation, amortization and accretion 89 93
Stock-based compensation expense 54 45
Provision for (benefit from) deferred income taxes (67) 24
Securities gains (losses), net (16) 12
Securities gains (losses), net - non-qualifying hedges on mortgage servicing rights (3) 13
MSR fair value adjustment [1] 84 (28)
Net gains on sales of loans and fair value adjustments on loans held for sale (21) (16)
Net losses (gains) on disposition and impairment of bank premises and equipment (20) (8)
Net losses on disposition and impairment of operating lease equipment 0 (2)
Gain on Vantiv and Worldpay transaction 0 (414)
Gain on sale of Worldpay, Inc. shares 562 0
Proceeds from sales of loans held for sale 1,217 1,055
Cash received under operating leases (22) 0
Loans originated or purchased for sale, net of repayments (1,302) (1,293)
Dividends representing return on equity investments 3 3
Net change in:    
Trading securities 60 (74)
Other assets 252 250
Accrued taxes, interest and expenses (123) (198)
Other liabilities (38) 69
Net Cash Provided by (Used in) Operating Activities 534 265
Proceeds from sales:    
Available-for-sale debt and other securities 2,719 7,345
Loans 52 57
Bank premises and equipment 2 18
Proceeds from repayments / maturities:    
Available-for-sale debt and other securities 439 543
Purchases:    
Available-for-sale debt and other securities (3,644) (8,605)
Bank premises and equipment (57) (48)
MSRs 0 (24)
Proceeds from settlement of BOLI 3 3
Proceeds from sale and dividends representing return of equity investments 998 11
Net cash received (paid) on acquisitions 1,210 (20)
Net change in:    
Other short-term investments (1,678) 1,006
Loans and leases (1,196) (122)
Operating lease equipment (4) (1)
Federal funds sold 35 0
Net Cash Provided by (Used in) Investing Activities (1,121) 163
Net change in:    
Deposits 339 2,299
Federal funds purchased 705 4
Other short-term borrowings 408 (2,677)
Dividends paid on common stock (143) (112)
Dividends paid on preferred stock 0 (23)
Proceeds from issuance of long-term debt 1,790 645
Repayment of long-term debt (1,504) (686)
Repurchase of treasury stock and related forward contract 913 318
Other (27) (36)
Net Cash Provided by (Used in) Financing Activities 655 (904)
Increase (Decrease) in Cash and Due from Banks 68 (476)
Cash and Due from Banks at Beginning of Period 2,681 2,514
Cash and Due from Banks at End of Period $ 2,749 $ 2,038
[1]

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