XML 164 R10.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income before noncontrolling interests $ 17,816 $ 16,511
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 910 1,946
Changes in fair value of MSRs, MHFS and LHFS carried at fair value 884 (2,402)
Depreciation, amortization and accretion 1,933 2,508
Other net gains (2,216) (7,441)
Stock-based compensation 1,525 1,535
Excess tax benefits related to stock incentive compensation (378) (232)
Originations of MHFS (109,288) (274,293)
Proceeds from sales of and principal collected on mortgages originated for sale 89,626 265,249
Proceeds from sales of and principal collected on LHFS 206 373
Purchases of LHFS (131) (244)
Net change in:    
Trading assets 12,246 39,133
Deferred income taxes 669 2,802
Accrued interest receivable (548) (215)
Accrued interest payable 238 10
Other assets (7,182) (2,962)
Other accrued expenses and liabilities 8,354 940
Net cash provided by operating activities 14,664 43,218
Cash flows from investing activities:    
Net change in federal funds sold, securities purchased under resale agreements and other short term investments (45,281) (46,419)
Available-for-sale securities:    
Sales proceeds 2,575 2,591
Prepayments and maturities 28,509 40,476
Purchases (24,539) (78,368)
Held-to-maturity securities:    
Paydowns and maturities 4,251 0
Purchases (33,049) 0
Nonmarketable equity investments:    
Sales proceeds 2,291 1,846
Purchases (2,408) (2,552)
Loans:    
Loans originated by banking subsidiaries, net of principal collected (42,805) (27,957)
Proceeds from sales (including participations) of loans originated for investment 13,926 5,894
Purchases (including participations) of loans (3,998) (10,022)
Principal collected on nonbank entities' loans 9,577 16,202
Loans originated by nonbank entities (9,489) (13,949)
Net cash paid for acquisitions (174) 0
Proceeds from sales of foreclosed assets and short sales 5,995 8,163
Net cash from purchases and sales of MSRs (119) 471
Other, net (537) 869
Net cash used by investing activities (95,275) (102,755)
Cash flows from financing activities:    
Net change in deposits 51,448 39,036
Net change in short-term borrowings 7,542 (3,335)
Long-term debt:    
Proceeds from issuance 38,362 44,483
Repayment (9,872) (18,727)
Preferred stock:    
Proceeds from issuance 2,775 2,317
Cash dividends paid (928) (813)
Common stock:    
Proceeds from issuance 1,376 1,935
Repurchased (6,469) (3,978)
Cash dividends paid (5,134) (4,409)
Excess tax benefits related to stock incentive compensation 378 232
Net change in noncontrolling interests (846) (207)
Other, net 92 71
Net cash provided by financing activities 78,724 56,605
Net change in cash and due from banks (1,887) (2,932)
Cash and due from banks at beginning of period 19,919 21,860
Cash and due from banks at end of period 18,032 18,928
Supplemental cash flow disclosures:    
Cash paid for interest 2,784 3,246
Cash paid for income taxes $ 6,254 $ 5,543