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CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities    
Net income $ 455 $ 284
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 122 87
Provision for credit losses 94 124
Other-than-temporary impairment related to securities held-to-maturity 0 11
Net realized gains on securities available-for-sale (69) (42)
Net change in other assets and liabilities (463) 338
Net change in loans held for sale:    
Originations and purchases of loans held for sale (1,823) (1,040)
Sales and collections of loans held for sale 1,974 1,004
Net change in trading assets and liabilities 3,612 5,097
Lower of amortized cost or fair value adjustments on loans held for sale 15 (2)
Loss (gain) on instruments designated at fair value and related derivatives (306) (20)
Net cash provided by operating activities 3,611 5,841
Cash flows from investing activities    
Net change in interest bearing deposits with banks 8,507 (6,765)
Net change in federal funds sold and securities purchased under agreements to resell (19,010) 1,023
Securities available-for-sale:    
Purchases of securities available-for-sale (17,435) (11,775)
Proceeds from sales of securities available-for-sale 9,882 23,600
Proceeds from maturities of securities available-for-sale 1,596 3,037
Securities held-to-maturity:    
Purchases of securities held-to-maturity (2,890) 0
Proceeds from maturities of securities held-to-maturity 1,856 305
Change in loans:    
Originations, net of collections (7,229) (6,707)
Loans sold to third parties 0 790
Net cash used for acquisitions of properties and equipment (29) (23)
Other, net (384) 34
Net cash provided by (used in) investing activities (25,136) 3,519
Cash flows from financing activities    
Net change in deposits 15,358 (4,048)
Debt:    
Net change in short-term borrowings (3,851) (7,271)
Issuance of long-term debt 15,775 4,984
Repayment of long-term debt (9,387) (2,921)
Preferred stock redemption (300) 0
Capital contribution from parent 4,000 0
Other decreases in capital surplus 3 3
Dividends paid (50) (55)
Net cash provided by (used in) financing activities 21,548 (9,308)
Net change in cash and due from banks 23 52
Cash and due from banks at beginning of period 891 961
Cash and due from banks at end of period $ 914 $ 1,013