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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities    
Net income (loss) $ (1,092) $ 873
Income from discontinued operations 203 440
Income (loss) from continuing operations (1,295) 433
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 243 220
Gain on sale of branches (433)  
Expense accrual related to certain regulatory matters 1,500  
Impairment of internally developed software   94
Provision for credit losses 173 171
Realized gains on securities available-for-sale (145) (105)
Net change in other assets and liabilities 2,313 (1,975)
Change in loans held for sale:    
Originations of loans (2,678) (2,280)
Sales and collection of loans held for sale 2,795 3,106
Net change in trading assets and liabilities 7,576 (5,446)
Lower of amortized cost or fair value adjustments on loans held for sale 32 44
Mark-to-market (gains) losses on financial instruments designated at fair value and related derivatives 258 (440)
Cash provided by (used in) operating activities - continuing operations 10,339 (6,178)
Cash provided by operating activities - discontinued operations 34 1,818
Net cash provided by (used in) operating activities 10,373 (4,360)
Cash flows from investing activities    
Net change in interest bearing deposits with banks 10,141 (13,089)
Net change in federal funds sold and securities purchased under agreements to resell (8,569) 3,141
Securities available-for-sale:    
Purchases of securities available-for-sale (29,177) (23,820)
Proceeds from sales of securities available-for-sale 10,183 17,423
Proceeds from maturities of securities available-for-sale 9,601 2,475
Securities held-to-maturity:    
Proceeds from maturities of securities held-to-maturity 301 470
Change in loans:    
Originations, net of collections (9,509) (4,308)
Loans sold to third parties 49 304
Net cash used for acquisitions of properties and equipment (6) (18)
Net outflows related to the sale of branches (10,137)  
Other, net (107) 75
Cash used in investing activities - continuing operations (27,230) (17,347)
Cash provided by investing activities - discontinued operations 20,746 1,215
Net cash used in investing activities (6,484) (16,132)
Cash flows from financing activities    
Net change in deposits (5,536) 11,966
Debt:    
Net change in short-term borrowings (1,896) 6,571
Issuance of long-term debt 5,354 5,152
Repayment of long-term debt (1,928) (3,099)
Repayment of debt issued related to the sale and leaseback of 452 Fifth Avenue property (8) (21)
Other decreases in capital surplus (16) 18
Dividends paid (55) (55)
Cash provided by (used in) financing activities - continuing operations (4,085) 20,532
Cash used in financing activities - discontinued operations (35) (148)
Net cash provided by (used in) financing activities (4,120) 20,384
Net change in cash and due from banks (231) (108)
Cash and due from banks at beginning of period(1) 1,616 [1] 1,693 [1]
Cash and due from banks at end of period 1,385 1,585
Supplemental disclosure of non-cash flow investing activities    
Trading securities pending settlement $ 20 $ 99
[1] Cash at beginning of period includes $117 million for discontinued operations as of January 1, 2011.