XML 42 R10.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
OPERATING ACTIVITIES    
Net income (loss) $ 409 $ 441
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Provision (credit) for loan and lease losses 83 63
Provision (credit) for losses on lending-related commitments 8 6
Provision (credit) for losses on LIHTC guaranteed funds 3  
Depreciation, amortization and accretion expense, net 93 104
Stock-based compensation expense 19 27
FDIC (payments) net of FDIC expense 297 13
Deferred income taxes (benefit) 36 38
Proceeds from sales of loans held for sale 2,613 2,387
Originations of loans held for sale, net of repayments (2,316) (2,236)
Net losses (gains) on sales of loans held for sale (64) (54)
Net losses (gains) from principal investing (15) (59)
Net losses (gains) and writedown on OREO 4 12
Net losses (gains) on leased equipment (8) (63)
Net losses (gains) on sales of fixed assets 8  
Net decrease (increase) in trading account assets 13 (57)
Other operating activities, net (237) (249)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 946 373
INVESTING ACTIVITIES    
Cash received (used) in acquisitions, net of cash acquired 573  
Net decrease (increase) in short-term investments 357 1,303
Purchases of securities available for sale (4,030) (10)
Proceeds from sales of securities available for sale 27  
Proceeds from prepayments and maturities of securities available for sale 2,612 2,733
Proceeds from prepayments and maturities of held-to-maturity securities 434 238
Purchases of held-to-maturity securities (1,253) (2,481)
Purchases of other investments (20) (39)
Proceeds from sales of other investments 11 3
Proceeds from prepayments and maturities of other investments 49 72
Net decrease (increase) in loans, excluding acquisitions, sales and transfers (451) (373)
Proceeds from sales of portfolio loans 77 135
Purchases of premises and equipment (34) 60
Proceeds from sales of premises and equipment 8 1
Proceeds from sales of other real estate owned 14 45
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (1,626) 1,567
FINANCING ACTIVITIES    
Net increase (decrease) in deposits, excluding acquisitions 1,038 211
Net increase (decrease) in short-term borrowings 49 30
Net proceeds from issuance of long-term debt 1,008 29
Payments on long-term debt (1,033) (2,019)
Repurchase of common shares (177) (82)
Net proceeds from issuance of Common Shares 14 1
Cash dividends paid (107) (87)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 792 (1,917)
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS 112 23
CASH AND DUE FROM BANKS AT BEGINNING OF PERIOD 584 693
CASH AND DUE FROM BANKS AT END OF PERIOD 696 716
Additional disclosures relative to cash flows:    
Interest paid 159 249
Income taxes paid (refunded) 62 26
Noncash items:    
Loans transferred to portfolio from held for sale 2 39
Loans transferred to held for sale from portfolio 38 65
Loans transferred to other real estate owned $ 14 $ 21