Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net earnings (loss) $ 760 $ (618)
Adjustments to reconcile net loss to cash (used for) provided by operating activities    
Provision for representations and warranties 11 (829)
Depreciation and amortization 256 301
Share-based compensation expense 1,009 1,033
Loss on sale International Wealth Management business 71 0
Gains on repurchases of long-term borrowings 0 (405)
Fair value adjustments on structured notes (12) 2,184
Deferred taxes 288 (82)
Loss (earnings) from equity method investments 42 (128)
Other 377 136
Changes in operating assets and liabilities:    
Trading assets 22,819 (9,713)
Cash and securities segregated for regulatory purposes or deposited with clearing organizations (3,499) (2,141)
Receivables from Bank of America 6,358 (15,647)
Receivables under resale agreements 6,500 (2,993)
Receivables under securities borrowed transactions (12,807) (8,736)
Customer receivables (3,272) 1,467
Brokers and dealers receivables 2,253 (6,484)
Proceeds from loans, notes, and mortgages held for sale 722 677
Other changes in loans, notes, and mortgages held for sale (162) (75)
Trading liabilities 12,956 12,688
Payables under repurchase agreements (33,850) 58,081
Payables under securities loaned transactions 1,892 2,064
Payables to Bank of America 3,774 (21,894)
Customer payables 1,373 4,688
Brokers and dealers payables 400 (2,129)
Other, net (2,002) (302)
Cash provided by operating activities 6,257 11,143
Proceeds from (payments for):    
Paydowns and maturities of available-for-sale securities 605 506
Sales of available-for-sale securities 34 3
Purchases of available-for-sale securities (598) (554)
Proceeds from Sale of Productive Assets, Building 0 221
Equipment and facilities, net (10) (206)
Loans, notes, and mortgages held for investment 1,636 107
Other investments 837 575
Cash provided by investing activities 2,504 652
Proceeds from (payments for):    
Short-term borrowings (1,949) (1,833)
Issuance and resale of long-term borrowings 7,238 4,161
Settlement and repurchases of long-term borrowings (15,194) (17,034)
Deposits (481) (75)
Derivative financing transactions 45 120
Cash used for financing activities (10,341) (14,661)
Effect of exchange rate changes on cash and cash equivalents (781) 78
Decrease in cash and cash equivalents (2,361) (2,788)
Cash and cash equivalents, beginning of period 12,911 13,733
Cash and cash equivalents, end of period $ 10,550 $ 10,945