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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities:      
Net income $ 6,437 $ 4,492 $ 3,237
Adjustments to reconcile net income to net cash from operating activities:      
Provision for credit losses (813) 2,335 615
Depreciation 810 923 466
Amortization of intangibles 574 685 164
Securities (gains) losses 0 (402) 116
Net change in operating assets and liabilities:      
LHFS 1,411 718 (1,895)
Loan servicing rights (206) 607 97
Pension asset (1,580) (779) (1,815)
Derivative assets and liabilities 1,296 (2,690) (312)
Trading assets (551) 1,861 368
Other assets and other liabilities 285 186 379
Other, net 229 (499) 100
Net cash from operating activities 7,892 7,437 1,520
Cash Flows From Investing Activities:      
Proceeds from sales of AFS securities 148 5,276 36,780
Proceeds from maturities, calls and paydowns of AFS securities 33,968 24,627 4,797
Purchases of AFS securities (70,775) (72,808) (42,646)
Proceeds from maturities, calls and paydowns of HTM securities 0 0 2,499
Originations and purchases of loans and leases, net of sales and principal collected 9,787 2,613 656
Net cash received (paid) for FHLB stock 116 600 147
Net cash received (paid) for securities borrowed or purchased under agreements to resell (2,283) (328) (83)
Net cash paid for premises and equipment (442) (815) (224)
Net cash received (paid) for mergers, acquisitions and divestitures (1,638) (2,439) 6,256
Payments for (Proceeds from) Life Insurance Policies (606) 83 58
Other, net (331) (461) 108
Net cash from investing activities (32,056) (43,652) 8,348
Cash Flows From Financing Activities:      
Net change in deposits 35,423 48,599 2,917
Net change in short-term borrowings (800) (12,124) 6,293
Proceeds from issuance of long-term debt 4,728 26,644 7,084
Repayment of long-term debt (7,959) (28,278) (9,265)
Repurchase of common stock (1,616) 0 0
Net proceeds from preferred stock issued 0 3,449 1,683
Redemption of preferred stock (1,415) (500) (1,725)
Cash dividends paid on common stock (2,485) (2,424) (1,309)
Cash dividends paid on preferred stock (367) (301) (150)
Net cash received (paid) for hedge unwinds 0 1,101 (130)
Other, net 82 (148) (45)
Net cash from financing activities 25,591 36,018 5,353
Net Change in Cash and Cash Equivalents 1,427 (197) 15,221
Cash and Cash Equivalents, January 1 18,868 19,065 3,844
Cash and Cash Equivalents, December 31 20,295 18,868 19,065
Supplemental Disclosure of Cash Flow Information:      
Net cash paid (received) during the period for interest expense 859 1,834 1,921
Net cash paid (received) during the period for income taxes 792 126 443
Noncash investing activities:      
Transfer of loans HFI to LHFS 925 2,562 7,434
Purchases (sales) of securities not yet settled 2,275 0 (1,442)
Stock issued in business combinations 0 0 33,546
Transfer of HTM securities to AFS $ 0 $ 0 $ 18,022