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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES      
Net income (loss) $ 1,866 $ 1,298 $ 790
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Provision for credit losses 246 229 266
Depreciation and amortization expense, net 382 407 314
Accretion of acquired loans 86 203 116
Increase in cash surrender value of corporate-owned life insurance (117) (119) (111)
Stock-based compensation expense 99 100 99
FDIC reimbursement (payments), net of FDIC expense (10) (3) 13
Deferred income taxes (benefit) 98 303 11
Proceeds from sales of loans held for sale 14,019 11,963 8,572
Originations of loans held for sale, net of repayments (13,948) (11,846) (8,361)
Net losses (gains) from sale of loans held for sale (183) (181) (139)
Net losses (gains) and writedown on OREO 0 5 4
Net losses (gains) on leased equipment 41 3 7
Net losses (gains) on sales of fixed assets 9 24 56
Net securities losses (gains) 0 (1) 0
Net decrease (increase) in trading account assets (13) 31 (79)
Gain on sale of KIBS (83) 0 0
Direct acquisition costs 0 0 (44)
Other operating activities, net 14 (601) 175
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 2,506 1,815 1,689
INVESTING ACTIVITIES      
Cash received (used) in acquisitions, net of cash acquired 0 (144) (481)
Proceeds from sale of KIBS 124 0 0
Net decrease (increase) in short-term investments, excluding acquisitions 1,885 (1,672) (68)
Purchases of securities available for sale (4,594) (3,002) (5,718)
Proceeds from sales of securities available for sale 0 915 4,249
Proceeds from prepayments and maturities of securities available for sale 3,197 3,999 4,241
Proceeds from prepayments and maturities of held-to-maturity securities 1,558 1,797 1,627
Purchases of held-to-maturity securities (1,242) (3,398) (6,968)
Purchases of other investments (28) (87) (46)
Proceeds from sales of other investments 62 117 243
Proceeds from prepayments and maturities of other investments 40 4 4
Net decrease (increase) in loans, excluding acquisitions, sales, and transfers (3,700) (945) (3,580)
Proceeds from sales of portfolio loans 204 183 140
Proceeds from corporate-owned life insurance 78 55 29
Purchases of premises, equipment, and software (99) (112) (145)
Proceeds from sales of premises and equipment 2 0 0
Proceeds from sales of OREO 31 51 16
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (2,482) (2,239) (6,457)
FINANCING ACTIVITIES      
Net increase (decrease) in deposits, excluding acquisitions 2,074 1,148 4,047
Net increase (decrease) in short-term borrowings (148) (1,299) (1,294)
Net proceeds from issuance of long-term debt 2,306 2,852 2,827
Payments on long-term debt (2,880) (748) (1,308)
Issuance of preferred shares 412 0 1,009
Repurchase of Common Shares (1,098) (664) (140)
Employee equity compensation program Common Share repurchases (47) (66) 0
Redemption of Preferred Stock Series C 0 (350) 0
Net proceeds from reissuance of Common Shares 20 25 32
Cash dividends paid (656) (480) (335)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (17) 418 4,838
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS 7 (6) 70
CASH AND DUE FROM BANKS AT BEGINNING OF YEAR 671 677 607
CASH AND DUE FROM BANKS AT END OF YEAR 678 671 677
Additional disclosures relative to cash flows:      
Interest paid 892 598 429
Income taxes paid (refunded) 12 6 144
Noncash items:      
Reduction of secured borrowing and related collateral 20 40 67
Loans transferred to portfolio from held for sale 24 105 10
Loans transferred to held for sale from portfolio (33) 42 45
Loans transferred to other real estate owned 25 37 36
CMBS risk retentions 16 18 0
First Niagara assets acquired 0 0 35,616
First Niagara liabilities assumed 0 0 33,028
Preferred Stock [Member]      
Noncash items:      
Common Shares issued for the acquisition of FNFG 0 0 350
Common Stock [Member]      
Noncash items:      
Common Shares issued for the acquisition of FNFG $ 0 $ 0 $ 2,831