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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net income $ 1,858,746 $ 1,353,152 $ 1,929,149
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for credit losses (75,000) 800,000 176,000
Depreciation and amortization of premises and equipment 224,274 220,598 209,937
Amortization of capitalized servicing rights 89,767 84,821 71,888
Amortization of core deposit and other intangible assets 10,167 14,869 19,490
Provision for deferred income taxes 87,159 (31,291) 57,548
Asset write-downs 8,431 21,014 7,701
Net gain (loss) on sales of assets (10,308) (19,441) 31,526
Net change in accrued interest receivable, payable 65,724 (132,252) 30,923
Net change in other accrued income and expense 52,540 (418,752) 75,930
Net change in loans originated for sale (163,623) (542,078) 130,230
Net change in trading account assets and liabilities 567,082 (561,453) (382,767)
Net cash provided by operating activities 2,714,959 789,187 2,357,555
Cash flows from investing activities      
Proceeds from sales of investment securities Available for sale     107
Proceeds from sales of investment securities equity and other 17,654 67,036 1,169,876
Proceeds from maturities of investment securities Available for sale 1,433,793 1,614,557 2,621,603
Proceeds from maturities of investment securities Held to maturity 615,201 911,555 1,162,820
Purchases of investment securities Available for sale (677,916) (7,581) (28,120)
Purchases of investment securities Held to maturity (1,601,698) (11,993) (495,277)
Purchases of investment securities equity and other (30,153) (29,004) (979,734)
Net (increase) decrease in loans and leases 5,676,670 (7,231,694) (2,795,263)
Net (increase) decrease in interest-bearing deposits at banks (18,208,494) (16,473,656) 915,043
Capital expenditures, net (149,213) (172,289) (178,049)
Net increase in loan servicing advances (197,141) (754,823) (470,078)
Other, net (510,302) 67,411 (195,921)
Net cash provided (used) by investing activities (13,631,599) (22,020,481) 727,007
Cash flows from financing activities      
Net increase in deposits 11,737,671 25,037,167 4,616,082
Net decrease in short-term borrowings (12,436) (2,881) (4,336,015)
Proceeds from long-term borrowings 9,500    
Payments on long-term borrowings (853,091) (2,665,023) (1,553,493)
Purchases of treasury stock   (373,750) (1,349,785)
Dividends paid — common (580,260) (568,112) (552,138)
Dividends paid — preferred (68,200) (68,256) (67,454)
Proceeds from issuance of Series I and G preferred stock 495,000   396,000
Redemption of Series A and C preferred stock     (381,500)
Other, net (26,710) (11,413) (25,393)
Net cash provided (used) by financing activities 10,701,474 21,347,732 (3,253,696)
Net increase (decrease) in cash, cash equivalents and restricted cash (215,166) 116,438 (169,134)
Cash, cash equivalents and restricted cash at beginning of period 1,552,743 1,436,305 1,605,439
Cash, cash equivalents and restricted cash at end of period 1,337,577 1,552,743 1,436,305
Supplemental disclosure of cash flow information      
Interest received during the period 3,976,804 4,135,990 4,892,301
Interest paid during the period 139,164 372,291 735,787
Income taxes paid during the period 314,295 275,558 320,513
Supplemental schedule of noncash investing and financing activities      
Real estate acquired in settlement of loans 8,851 20,646 90,072
Loans held for sale transferred to loans held for investment 330,188    
Securitization of residential mortgage loans allocated to Available-for-sale investment securities     5,379
Securitization of residential mortgage loans allocated to capitalized servicing rights     83
Adoption of lease accounting standard - Right-of-use assets     393,877
Adoption of lease accounting standard - Other liabilities     398,810
Additions to right-of-use assets under operating leases $ 57,760 $ 70,754 $ 132,219