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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows From Operating Activities:    
Net income $ 1,515 $ 1,416
Adjustments to reconcile net income to net cash from operating activities:    
Provision for credit losses 502 (95)
Depreciation 180 195
Amortization of intangibles 136 137
Securities (gains) losses 0 69
Net change in operating assets and liabilities:    
LHFS (846) 180
Loan servicing rights 27 (380)
Pension asset (1,346) (410)
Derivative assets and liabilities (12) 986
Trading assets 304 (1,497)
Other assets and other liabilities (490) (558)
Other, net 148 (231)
Net cash from operating activities 118 (188)
Cash Flows From Investing Activities:    
Proceeds from sales of AFS securities 4 3,127
Proceeds from maturities, calls and paydowns of AFS securities 1,279 5,259
Purchases of AFS securities (140) (7,219)
Proceeds from maturities, calls and paydowns of HTM securities 858 857
Purchases of HTM securities 0 (3,020)
Originations and purchases of loans and leases, net of sales and principal collected (1,835) (134)
Net cash received (paid) for FHLB stock (1,147) (1)
Net cash received (paid) for securities borrowed or purchased under agreements to resell (456) 1,706
Net cash received (paid) for asset acquisitions, business combinations, and divestitures 0 (488)
Other, net (613) (121)
Net cash from investing activities (2,050) (34)
Cash Flows From Financing Activities:    
Net change in deposits (8,498) 11,842
Net change in short-term borrowings 224 (145)
Proceeds from issuance of long-term debt 35,029 66
Repayment of long-term debt (8,444) (1,699)
Cash dividends paid on common stock (691) (637)
Cash dividends paid on preferred stock (103) (88)
Net cash received (paid) for hedge unwinds (378) (198)
Other, net (32) (92)
Net cash from financing activities 17,107 9,049
Net Change in Cash and Cash Equivalents 15,175 8,827
Cash and Cash Equivalents, January 1 21,421 20,295
Cash and Cash Equivalents, March 31 36,596 29,122
Supplemental Disclosure of Cash Flow Information:    
Net cash paid (received) during the period for interest expense 1,667 156
Net cash paid (received) during the period for income taxes 23 40
Noncash investing activities:    
Transfer of AFS securities to HTM $ 0 $ 59,436