XML 97 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities      
Net income $ 1,029,498 $ 859,479 $ 736,161
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for credit losses 204,000 270,000 368,000
Depreciation and amortization of premises and equipment 84,375 80,304 67,677
Amortization of capitalized servicing rights 59,555 55,859 56,582
Amortization of core deposit and other intangible assets 60,631 61,617 58,103
Provision for deferred income taxes 131,858 33,924 51,068
Asset write-downs 63,790 170,632 101,106
Net gain on sales of assets (6,868) (187,120) (10,426)
Net change in accrued interest receivable, payable (13,898) (27,508) (9,942)
Net change in other accrued income and expense (200,704) 147,465 144,705
Net change in loans originated for sale (924,839) 238,156 202,089
Net change in trading account assets and liabilities 12,583 69,438 (89,476)
Net cash provided by operating activities 499,981 1,772,246 1,675,647
Cash flows from investing activities      
Proceeds from sales of investment securities Available for sale 49,528 1,909,829 23,310
Proceeds from sales of investment securities Other 78,071 116,410 107,320
Proceeds from maturities of investment securities Available for sale 1,585,260 1,307,567 1,539,591
Proceeds from maturities of investment securities Held to maturity 329,279 272,841 248,087
Purchases of investment securities Available for sale (28,161) (3,491,759) (440,560)
Purchases of investment securities Held to maturity (285,125) (28,454) (1,003,796)
Purchases of investment securities Other (13,833) (30,727) (7,647)
Net decrease in agreements to resell securities   15,000  
Net increase in loans and leases (5,672,747) (2,233,600) (201,854)
Net decrease in interest-bearing deposits at banks 25,015 2,552,527 32,113
Other investments, net (18,224) (29,306) (52,179)
Capital expenditures, net (91,519) (70,008) (70,458)
Acquisitions, net of cash acquired Banks and bank holding companies   178,940 213,204
Purchase of Wilmington Trust Corporation preferred stock   (330,000)  
Proceeds from sales of real estate acquired in settlement of loans 102,208 208,546 89,206
Other, net (120,610) 21,126 (927)
Net cash provided (used) by investing activities (4,060,858) 368,932 475,410
Cash flows from financing activities      
Net increase in deposits 6,230,391 742,653 1,879,491
Net increase (decrease) in short-term borrowings 292,422 (313,050) (1,522,646)
Payments on long-term borrowings (2,080,167) (1,809,984) (2,514,342)
Dividends paid - common (357,717) (350,129) (335,303)
Dividends paid - preferred (53,450) (48,203) (40,225)
Proceeds from issuance of preferred stock   495,000  
Redemption of preferred stock   (370,000)  
Other, net 63,616 31,177 69,381
Net cash provided (used) by financing activities 4,095,095 (1,622,536) (2,463,644)
Net increase (decrease) in cash and cash equivalents 534,218 518,642 (312,587)
Cash and cash equivalents at beginning of year 1,452,397 933,755 1,246,342
Cash and cash equivalents at end of year 1,986,615 1,452,397 933,755
Supplemental disclosure of cash flow information      
Interest received during the year 2,931,409 2,807,071 2,765,101
Interest paid during the year 371,887 440,810 490,767
Income taxes paid during the year 405,598 251,810 287,740
Supplemental schedule of noncash investing and financing activities      
Real estate acquired in settlement of loans 48,932 81,588 199,285
Acquisitions Fair value of      
Assets acquired (noncash)   10,666,102 342,443
Liabilities assumed   10,044,555 528,108
Common stock issued   405,557  
Increase (decrease) from consolidation of securitization trusts      
Loans     423,865
Investment securities - available for sale     (360,471)
Long-term borrowings     65,419
Accrued interest and other     $ 2,025