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Consolidated Cash Flow Statement (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 12,601 $ 9,805
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Stock-based compensation expense 1,457 1,231
Depreciation and amortization 3,520 3,516
Provision for credit losses 331 149
Other operating adjustments 268 121
Changes in assets and liabilities:    
Trading assets, net of Trading liabilities (69,812) 12,358
Securities borrowed (5,254) (11,321)
Securities loaned 718 2,398
Customer and other receivables and other assets (27,142) (10,317)
Customer and other payables and other liabilities 49,566 12,556
Securities purchased under agreements to resell 6,831 (26,612)
Securities sold under agreements to repurchase 11,437 (4,322)
Net cash provided by (used for) operating activities (15,479) (10,438)
Proceeds from (payments for):    
Other assets—Premises, equipment and software (2,189) (2,583)
Changes in loans, net (28,560) (13,934)
AFS securities:    
Purchases (28,767) (27,717)
Proceeds from sales 4,650 5,540
Proceeds from paydowns and maturities 16,123 15,616
HTM securities:    
Purchases 0 (3,523)
Proceeds from paydowns and maturities 6,107 8,279
Other investing activities (746) (988)
Net cash provided by (used for) investing activities (33,382) (19,310)
Net proceeds from (payments for):    
Other secured financings 849 1,384
Deposits 29,111 11,519
Issuance of preferred stock, net of issuance costs 0 995
Proceeds from issuance of Borrowings 94,184 80,369
Payments for:    
Borrowings (71,194) (54,596)
Repurchases of common stock and employee tax withholdings (4,305) (3,347)
Cash dividends (4,905) (4,553)
Other financing activities 48 (270)
Net cash provided by (used for) financing activities 43,788 31,501
Effect of exchange rate changes on cash and cash equivalents 3,421 99
Net increase (decrease) in cash and cash equivalents (1,652) 1,852
Cash and cash equivalents, at beginning of period 105,386 89,232
Cash and cash equivalents, at end of period 103,734 91,084
Supplemental Disclosure of Cash Flow Information    
Cash payments for interest 34,682 34,498
Cash payments for income taxes, net of refunds $ 2,684 $ 1,449