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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities      
Net income $ 1,714 $ 3,060 $ 1,085
Reconciliation of net income to net cash provided by operating activities      
Depreciation and amortization 1,327 1,261 1,550
Goodwill impairment 0 0 50
Provision for credit losses 1,399 241 1,439
Gain on mortgage and automotive loans, net (52) (87) (110)
Other loss (gain) on investments, net 120 (285) (307)
Loss on extinguishment of debt 0 136 102
Originations and purchases of loans held-for-sale (3,907) (4,255) (3,199)
Proceeds from sales and repayments of loans held-for-sale 3,774 4,107 3,161
Net change in      
Deferred income taxes 553 120 242
Interest payable 198 (204) (229)
Other assets 957 (302) 15
Other liabilities (103) 356 33
Other, net 267 (106) (93)
Net cash provided by operating activities 6,247 4,042 3,739
Investing activities      
Purchases of equity securities (539) (1,346) (1,219)
Proceeds from sales of equity securities 846 1,508 1,087
Purchases of available-for-sale securities (6,723) (21,557) (17,377)
Proceeds from sales of available-for-sale securities 820 5,745 6,563
Proceeds from repayments of available-for-sale securities 4,276 10,724 11,903
Purchases of held-to-maturity securities (47) (292) (154)
Proceeds from repayments of held-to-maturity securities 154 372 457
Purchases of finance receivables and loans held-for-investment (7,165) (6,756) (7,020)
Proceeds from sales of finance receivables and loans initially held-for-investment 55 376 506
Originations and repayments of finance receivables and loans held-for-investment and other, net (7,927) 2,896 15,353
Purchases of operating lease assets (3,532) (5,120) (4,320)
Disposals of operating lease assets 3,023 3,438 2,681
Acquisitions, net of cash acquired 0 (699) 0
Net change in nonmarketable equity investments 27 56 417
Other, net (531) (443) (450)
Net cash (used in) provided by investing activities (17,263) (11,098) 8,427
Financing activities      
Net change in short-term borrowings 2,399 (2,136) (3,395)
Net increase in deposits 10,703 4,511 16,262
Proceeds from issuance of long-term debt 7,125 2,997 3,660
Repayments of long-term debt (6,464) (6,068) (16,107)
Purchases of land and buildings in satisfaction of finance lease liabilities (44) (391) 0
Repurchases of common stock (1,650) (1,994) (106)
Preferred stock issuance 0 2,324 0
Trust preferred securities redemption 0 (2,710) 0
Common stock dividends paid (384) (324) (289)
Preferred stock dividends paid (110) (57) 0
Net cash provided by (used in) financing activities 11,575 (3,848) 25
Effect of exchange-rate changes on cash and cash equivalents and restricted cash (7) 0 3
Net increase (decrease) in cash and cash equivalents and restricted cash 552 (10,904) 12,194
Cash and cash equivalents and restricted cash at beginning of year 5,670 16,574 4,380
Cash and cash equivalents and restricted cash at December 31, 6,222 5,670 16,574
Cash paid (received) for      
Interest 2,583 2,033 3,366
Income taxes (425) 1,292 53
Noncash items      
Loans held-for-sale transferred to finance receivables and loans held-for-investment 120 136 75
Additions of property and equipment 0 46 0
Finance receivables and loans held-for-investment transferred to loans held-for-sale 23 414 495
Transfer of equity-method investments to equity securities 40 0 0
Transfer of nonmarketable equity investments to equity securities 1 0 0
In-kind distribution from equity-method investee 0 1 226
Equity consideration received in exchange for restructured loans 0 0 5
Decrease in held-to-maturity securities due to the consolidation of a VIE 0 0 10
Increase in held-for-investment loans and other, net, due to the consolidation of a VIE 0 0 224
Increase in collateralized borrowings, net, due to the consolidation of a VIE 0 0 214
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]      
Cash and cash equivalents on the Consolidated Balance Sheet 5,571 5,062  
Restricted cash included in other assets on the Consolidated Balance Sheet [1] 651 608  
Total cash and cash equivalents and restricted cash in the Consolidated Statement of Cash Flows $ 6,222 $ 5,670 $ 16,574
[1] Restricted cash balances relate primarily to our securitization arrangements. Refer to Note 13 for additional details describing the nature of restricted cash balances.