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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities    
Net income $ 1,694 $ 1,429
Adjustments to reconcile net income to net cash provided (used) by operating activities    
Provision for (recapture of) credit losses 235 (208)
Depreciation, amortization and accretion 65 385
Deferred income taxes (benefit) (30) 61
Changes in fair value of mortgage servicing rights 174 (264)
Net change in    
Trading securities and other short-term investments (385) (1,024)
Loans held for sale and related securitization activity (11) 642
Other assets 1,108 (3,024)
Accrued expenses and other liabilities (1,142) 969
Other 168 45
Net cash provided (used) by operating activities 1,876 (989)
Sales    
Securities available for sale (73) 2,561
Loans 215 268
Repayments/maturities    
Securities available for sale 2,293 6,639
Securities held to maturity 1,502 57
Purchases    
Securities available for sale (612) (15,599)
Securities held to maturity (1,324) (1)
Loans (261) (807)
Net change in    
Federal funds sold and resale agreements 32 (478)
Interest-earning deposits with banks (6,580) 25,474
Loans (587) (5,631)
Other (317) 224
Net cash provided (used) by investing activities (5,712) 12,707
Net change in    
Noninterest-bearing deposits (6,462) (4,350)
Interest-bearing deposits 7,023 (2,704)
Federal funds purchased and repurchase agreements (94) 16
Short-term Federal Home Loan Bank borrowings (50)
Other borrowed funds (74) 471
Sales/issuances    
Senior debt 2,743
Other borrowed funds 167 289
Preferred stock 1,484
Common and treasury stock 26 22
Repayments/maturities    
Federal Home Loan Bank borrowings (5)
Senior debt (3,750)
Subordinated debt (750)
Other borrowed funds (141) (289)
Acquisition of treasury stock (459) (1,279)
Preferred stock cash dividends paid (68) (45)
Common stock cash dividends paid (607) (531)
Net cash provided (used) by financing activities 2,733 (12,150)
Net Increase (Decrease) In Cash And Due From Banks And Restricted Cash (1,103) (432)
Cash and due from banks and restricted cash at beginning of period 7,043 8,004
Cash and due from banks and restricted cash at end of period 5,940 7,572
Cash And Due From Banks And Restricted Cash    
Cash and due from banks at end of period (unrestricted cash) 5,335 6,971
Restricted cash 605 601
Cash and due from banks and restricted cash at end of period 5,940 7,572
Supplemental Disclosures    
Interest paid 1,691 85
Income taxes paid 56 16
Income taxes refunded 3 3
Leased assets obtained in exchange for new operating lease liabilities 45 43
Non-cash Investing And Financing Items    
Transfer from securities available for sale to securities held to maturity 20,041
Transfer from loans to loans held for sale, net 106 137
Transfer from loans to foreclosed assets $ 16 $ 8