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INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income before noncontrolling interests$ 238,903$ 102,835
Adjustments to reconcile net income to net cash provided by operating activities:  
Net gain from note repurchases and termination of corresponding interest rate swaps(3,123) 
(Reduction of) provision for loan losses(2,144)29,124
Provision for unfunded credit commitments2,1312,561
Changes in fair values of derivatives, net(20,334)1,556
Gains on investment securities, net(175,279)(67,420)
Depreciation and amortization19,99917,554
Amortization of premiums on available-for-sale securities, net18,17015,593
Tax benefit (expense) from stock exercises854(306)
Amortization of share-based compensation13,5019,904
Amortization of deferred loan fees(43,806)(36,652)
Deferred income tax expense3,1351,794
Losses on sale of and valuation adjustments to other real estate owned property 24
Changes in other assets and liabilities:  
Accrued interest receivable and payable, net(13,919)5,817
Accounts receivable(2,724)(10,768)
Income tax receivable, net8,17423,933
Prepaid FDIC assessments and amortization6,4687,704
Accrued compensation9,96822,567
Foreign exchange spot contracts, net10,5874,849
Other, net19,62714,193
Net cash provided by operating activities90,188144,862
Cash flows from investing activities:  
Purchases of available-for-sale securities(5,034,425)(4,167,462)
Proceeds from sales of available-for-sale securities1,414,794653,122
Proceeds from maturities and pay downs of available-for-sale securities2,048,4391,526,562
Purchases of nonmarketable securities (cost and equity method accounting)(43,260)(36,847)
Proceeds from sales of nonmarketable securities (cost and equity method accounting)21,52412,185
Purchases of nonmarketable securities (investment fair value accounting)(127,362)(78,667)
Proceeds from sales and distributions of nonmarketable securities (investment fair value accounting)66,54125,866
Net increase in loans(792,169)(322,723)
Proceeds from recoveries of charged-off loans21,62613,397
Proceeds from sale of other real estate owned 196
Payment for acquisition of intangibles, net of cash acquired (360)
Purchases of premises and equipment(21,600)(21,031)
Net cash used for investing activities(2,445,892)(2,395,762)
Cash flows from financing activities:  
Net increase in deposits1,802,2812,083,008
(Decrease) increase in short-term borrowings(37,245)20,980
Payments for repurchases of 5.70% Senior Notes and 6.05% Subordinated Notes, including repurchase premiums and associated fees(346,443) 
Proceeds from termination of portions of interest rate swaps associated with 5.70% Senior Notes and 6.05% Subordinated Notes36,959 
Payments for settlement of 3.875% Convertible Notes(250,000) 
Proceeds from issuance of 5.375% Senior Notes, net of discount and issuance cost 344,294
Capital contributions from noncontrolling interests, net of distributions79,72756,547
Tax benefit from stock exercises5,6943,197
Proceeds from issuance of common stock and Employee Stock Purchase Plan30,27115,210
Repurchase of warrant under Capital Purchase Program (6,820)
Net cash provided by financing activities1,321,2442,516,416
Net (decrease) increase in cash and cash equivalents(1,034,460)265,516
Cash and cash equivalents at beginning of period3,076,4323,512,853
Cash and cash equivalents at end of period2,041,9723,778,369
Cash paid during the period for:  
Interest37,77622,903
Income taxes74,31321,360
Noncash items during the period:  
Unrealized gains on available-for-sale securities, net of tax77,48640,534
Net change in fair value of interest rate swaps$ (1,753)$ 20,362