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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
OPERATING ACTIVITIES    
Net income (loss) $ 1,382 $ 1,101
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Provision for credit losses 187 180
Depreciation and amortization expense, net 290 301
Accretion of acquired loans 69 171
Increase in cash surrender value of corporate-owned life insurance (84) (85)
Stock-based compensation expense 78 74
FDIC reimbursement (payments), net of FDIC expense 2 (2)
Deferred income taxes (benefit) 103 134
Proceeds from sales of loans held for sale 8,234 8,109
Originations of loans held for sale, net of repayments (8,631) (8,287)
Net losses (gains) on sales of loans held for sale (130) (111)
Net losses (gains) and writedown on OREO (2) 3
Net losses (gains) on leased equipment (34) 2
Net securities losses (gains) 0 (1)
Net losses (gains) on sales of fixed assets 8 16
Net decrease (increase) in trading account assets (122) 84
Gain on sale of KIBS (83) 0
Other operating activities, net (473) (610)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 794 1,079
INVESTING ACTIVITIES    
Cash received (used) in acquisitions, net of cash acquired 0 (74)
Proceeds from sale of KIBS 124 0
Net decrease (increase) in short-term investments, excluding acquisitions 2,175 (1,218)
Purchases of securities available for sale (3,058) (2,725)
Proceeds from sales of securities available for sale 0 914
Proceeds from prepayments and maturities of securities available for sale 2,456 3,038
Proceeds from prepayments and maturities of held-to-maturity securities 1,206 1,350
Purchases of held-to-maturity securities (1,242) (1,395)
Purchases of other investments (21) (78)
Proceeds from sales of other investments 36 99
Proceeds from prepayments and maturities of other investments 37 2
Net decrease (increase) in loans, excluding acquisitions, sales and transfers (3,249) (896)
Proceeds from sales of portfolio loans 143 129
Proceeds from corporate-owned life insurance 60 40
Purchases of premises, equipment, and software (73) (56)
Proceeds from sales of premises and equipment 1 0
Proceeds from sales of OREO 22 37
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (1,383) (833)
FINANCING ACTIVITIES    
Net increase (decrease) in deposits, excluding acquisitions 545 (641)
Net increase (decrease) in short-term borrowings 911 (1,322)
Net proceeds from issuance of long-term debt 1,802 2,850
Payments on long-term debt (2,127) (43)
Issuance of preferred shares 412 0
Open market Common Share repurchases (820) (466)
Employee equity compensation program Common Share repurchases (47) (65)
Redemption of Preferred Stock Series C 0 (350)
Net proceeds from reissuance of Common Shares 19 29
Cash dividends paid (458) (353)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 237 (361)
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS (352) (115)
CASH AND DUE FROM BANKS AT BEGINNING OF PERIOD 671 677
CASH AND DUE FROM BANKS AT END OF PERIOD 319 562
Additional disclosures relative to cash flows:    
Interest paid 632 442
Income taxes paid (refunded) 22 3
Noncash items:    
Reduction of secured borrowing and related collateral 18 33
Loans transferred to portfolio from held for sale 21 93
Loans transferred to held for sale from portfolio 7 41
Loans transferred to OREO $ 19 $ 29