XML 114 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
OPERATING ACTIVITIES    
Net income (loss) $ 200 $ 271
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Provision (credit) for loan and lease losses 42 (40)
Depreciation and amortization expense 60 74
FDIC (payments) net of FDIC expense 7 27
Deferred income taxes (benefit) 28 96
Net losses (gains) and writedown on OREO 6 10
Provision (credit) for customer derivative losses (1) (11)
Net losses (gains) from loan sales (22) (19)
Net losses (gains) from principal investing (35) (35)
Provision (credit) for losses on lending-related commitments   (4)
(Gains) losses on leased equipment (27) (4)
Net securities losses (gains)   1 [1]
Net decrease (increase) in loans held for sale excluding loan transfers from continuing operations 198 80
Net decrease (increase) in trading account assets 9 (56)
Other operating activities, net (402) 22
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 63 412
INVESTING ACTIVITIES    
Net decrease (increase) in short-term investments (86) (2,361)
Purchases of securities available for sale (2) (613)
Proceeds from sales of securities available for sale   1,578
Proceeds from prepayments and maturities of securities available for sale 1,364 1,486
Proceeds from prepayments and maturities of held-to-maturity securities 96  
Purchases of held-to-maturity securities (1,005) (2)
Purchases of other investments (16) (45)
Proceeds from sales of other investments 2 14
Proceeds from prepayments and maturities of other investments 24 21
Net decrease (increase) in loans, excluding acquisitions, sales and transfers 202 1,234
Proceeds from loan sales 41 75
Purchases of premises and equipment (26) (30)
Proceeds from sales of other real estate owned 12 35
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 606 1,392
FINANCING ACTIVITIES    
Net increase (decrease) in deposits (462) 200
Net increase (decrease) in short-term borrowings 122 (279)
Net proceeds from issuance of long-term debt   1,000
Payments on long-term debt (572) (502)
Net proceeds from issuance of common stock   600
Series B Preferred Stock - TARP redemption   (2,500)
Cash dividends paid (35) (61)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (947) (1,542)
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS (278) 262
CASH AND DUE FROM BANKS AT BEGINNING OF PERIOD 694 278
CASH AND DUE FROM BANKS AT END OF PERIOD 416 540
Additional disclosures relative to cash flows:    
Interest paid 101 134
Income taxes paid (refunded) 3 (267)
Noncash items:    
Loans transferred to portfolio from held for sale 19  
Loans transferred to held for sale from portfolio   39
Loans transferred to other real estate owned $ 15 $ 12
[1] For the three months ended March 31, 2012 and 2011, we did not have any impairment losses related to securities