XML 26 R9.htm IDEA: XBRL DOCUMENT v3.23.3Close
Consolidated Statement of Cash Flows - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Operating Activities:              
Net income $ 422,000,000 $ 549,000,000 $ 690,000,000 $ 604,000,000 $ 1,734,000,000 $ 2,041,000,000  
Adjustments to reconcile net income to net cash provided by operating activities:              
Deferred income tax         8,000,000 (6,000,000)  
Amortization of other intangible assets 60,000,000   58,000,000   180,000,000 179,000,000 $ 238,000,000
Other non-cash adjustments for depreciation, amortization and accretion, net         511,000,000 558,000,000  
Losses related to investment securities, net         294,000,000 2,000,000  
Provision for credit losses 0   0   26,000,000 10,000,000  
Change in trading account assets, net         (75,000,000) 73,000,000  
Change in accrued interest and fees receivable, net         (440,000,000) (248,000,000)  
Change in collateral deposits, net         (2,187,000,000) 4,761,000,000  
Change in unrealized (gains) losses on foreign exchange derivatives, net         (2,748,000,000) (5,155,000,000)  
Change in other assets, net         (338,000,000) 1,644,000,000  
Change in accrued expenses and other liabilities, net         (504,000,000) 700,000,000  
Other, net         47,000,000 359,000,000  
Net cash provided by operating activities         (3,492,000,000) 4,918,000,000   Close
Investing Activities:              
Net decrease in interest-bearing deposits with banks         24,837,000,000 7,160,000,000  
Net decrease in securities purchased under resale agreements         3,399,000,000 1,704,000,000  
Proceeds from sales of available-for-sale securities 3,870,000,000       4,567,000,000 4,545,000,000  
Proceeds from maturities of available-for-sale securities         11,870,000,000 14,952,000,000  
Purchases of available-for-sale securities         (17,243,000,000) (15,777,000,000)  
Proceeds from maturities of held-to-maturity securities         4,414,000,000 8,098,000,000  
Purchases of held-to-maturity securities         (1,579,000,000) (7,755,000,000)  
Sale of loans         465,000,000 1,739,000,000  
Net (increase) in loans         (3,807,000,000) (6,134,000,000)  
Purchases of equity investments and other long-term assets         0 (193,000,000)  
Purchases of premises and equipment, net         (487,000,000) (530,000,000)  
Other, net         130,000,000 102,000,000  
Net cash provided by (used in) investing activities         26,566,000,000 7,911,000,000   Close
Financing Activities:              
Net increase (decrease) in time deposits         3,273,000,000 (709,000,000)  
Net decrease in all other deposits         (25,729,000,000) (16,086,000,000)  
Net increase in securities sold under repurchase agreements         1,920,000,000 2,675,000,000  
Net decrease in short-term borrowings         (2,089,000,000) (20,000,000)  
Proceeds from issuance of long-term debt, net of issuance costs         4,729,000,000 2,735,000,000  
Payments for long-term debt and obligations under finance leases         (1,037,000,000) (1,507,000,000)  
Repurchases of common stock         (3,300,000,000) 0  
Repurchases of common stock for employee tax withholding         (83,000,000) (96,000,000)  
Payments for cash dividends         (719,000,000) (704,000,000)  
Net cash (used in) provided by financing activities         (23,035,000,000) (13,712,000,000)   Close
Net decrease in cash and due from banks         39,000,000 (883,000,000)   Close
Cash and due from banks at beginning of period   $ 3,970,000,000   $ 3,631,000,000 3,970,000,000 3,631,000,000 3,631,000,000
Cash and due from banks at end of period $ 4,009,000,000   $ 2,748,000,000   4,009,000,000 2,748,000,000 $ 3,970,000,000
Supplemental disclosure:              
Interest paid         4,320,000,000 463,000,000  
Income taxes paid, net         $ 258,000,000 $ 364,000,000