Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Cash Flows

v3.3.0.814
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net income (loss) $ 13,185 $ 1,783
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 2,351 2,056
Gains on sales of debt securities (821) (1,191)
Depreciation and premises improvements amortization 1,174 1,172
Amortization of intangibles 632 708
Net amortization of premium/discount on debt securities 1,368 1,675
Deferred income taxes 2,980 554
Loans held-for-sale:    
Originations and purchases (30,346) (28,652)
Proceeds from sales and paydowns of loans originally classified as held-for-sale 27,726 29,458
Net change in:    
Trading and derivative instruments 8,631 13,009
Other assets (1,547) (4,405)
Accrued expenses and other liabilities (1,637) 14,794
Other operating activities, net (1,437) (514)
Net cash provided by operating activities 22,259 30,447
Net change in:    
Time deposits placed and other short-term investments 1,289 3,681
Federal funds sold and securities borrowed or purchased under agreements to resell (14,858) (32,982)
Debt securities carried at fair value:    
Proceeds from sales 101,880 82,831
Proceeds from paydowns and maturities 60,791 60,255
Purchases (151,991) (174,848)
Held-to-maturity debt securities:    
Proceeds from paydowns and maturities 10,129 5,250
Purchases (16,260) (10,742)
Loans and leases:    
Proceeds from sales 20,399 20,422
Purchases (9,240) (8,070)
Other changes in loans and leases, net (34,189) 17,983
Net purchases of premises and equipment (679) (684)
Proceeds from sales of foreclosed properties 766 644
Proceeds from sales of investments 342 1,557
Other investing activities, net (682) (635)
Net cash used in investing activities (32,303) (35,338)
Net change in:    
Deposits 43,073 (7,290)
Federal funds purchased and securities loaned or sold under agreements to repurchase (2,039) 19,819
Short-term borrowings 3,346 (12,724)
Long-term debt:    
Proceeds from issuance 33,956 46,917
Retirement of long-term debt (34,583) (44,623)
Proceeds from issuance of preferred stock 2,964 4,561
Common stock repurchased (1,575) (1,675)
Cash dividends paid (2,724) (1,469)
Excess tax benefits on share-based payments 16 34
Other financing activities, net (30) (37)
Net cash provided by financing activities 42,404 3,513
Effect of exchange rate changes on cash and cash equivalents (523) (1,285)
Net increase (decrease) in cash and cash equivalents 31,837 (2,663)
Cash and cash equivalents at January 1 138,589 131,322
Cash and cash equivalents at September 30 $ 170,426 $ 128,659