XML 45 R27.htm IDEA: XBRL DOCUMENT
v3.20.4

Capital One Financial Corporation (Parent Company Only) | 12 Months Ended
--- | ---
Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract] |
Capital One Financial Corporation (Parent Company Only) |
NOTE 19—CAPITAL ONE FINANCIAL CORPORATION (PARENT COMPANY ONLY)
Financial Information The following parent company only financial statements are prepared in accordance with Regulation S-X of the U.S. Securities and Exchange Commission (“SEC”). Table 19.1: Parent Company Statements of Income
|  | Year Ended December 31,
(Dollars in millions) |  | 2020 |  | 2019 |  | 2018
Interest income |  | $ | 186 |  |  | $ | 442 |  |  | $ | 313 |
Interest expense |  | 510 |  |  | 798 |  |  | 720 |
Dividends from subsidiaries |  | 3,003 |  |  | 3,276 |  |  | 2,750 |
Non-interest income (loss) |  | (127) |  |  | (21) |  |  | 19 |
Non-interest expense |  | 33 |  |  | 60 |  |  | 29 |
Income before income taxes and equity in undistributed earnings of subsidiaries |  | 2,519 |  |  | 2,839 |  |  | 2,333 |
Income tax benefit |  | (93) |  |  | (138) |  |  | (128) |
Equity in undistributed earnings of subsidiaries |  | 102 |  |  | 2,569 |  |  | 3,554 |
Net income |  | 2,714 |  |  | 5,546 |  |  | 6,015 |
Other comprehensive income (loss), net of tax |  | 2,346 |  |  | 1,531 |  |  | (136) |
Comprehensive income |  | $ | 5,060 |  |  | $ | 7,077 |  |  | $ | 5,879 |
Table 19.2: Parent Company Balance Sheets
(Dollars in millions) |  | December 31, 2020 |  | December 31, 2019
Assets: |  |  |  |
Cash and cash equivalents |  | $ | 12,976 |  |  | $ | 13,050 |
Investments in subsidiaries |  | 62,066 |  |  | 61,626 |
Loans to subsidiaries |  | 5,924 |  |  | 3,905 |
Securities available for sale |  | 622 |  |  | 738 |
Other assets |  | 1,473 |  |  | 1,017 |
Total assets |  | $ | 83,061 |  |  | $ | 80,336 |
Liabilities: |  |  |  |
Senior and subordinated notes |  | $ | 22,037 |  |  | $ | 22,080 |
Accrued expenses and other liabilities |  | 820 |  |  | 245 |
Total liabilities |  | 22,857 |  |  | 22,325 |
Total stockholders’ equity |  | 60,204 |  |  | 58,011 |
Total liabilities and stockholders’ equity |  | $ | 83,061 |  |  | $ | 80,336 |
Table 19.3: Parent Company Statements of Cash Flows
|  | Year Ended December 31,
(Dollars in millions) |  | 2020 |  | 2019 |  | 2018
Operating activities: |  |  |  |  |  |
Net income |  | $ | 2,714 |  |  | $ | 5,546 |  |  | $ | 6,015 |
Adjustments to reconcile net income to net cash from operating activities: |  |  |  |  |  |
Equity in undistributed earnings of subsidiaries |  | (102) |  |  | (2,569) |  |  | (3,554) |
Other operating activities |  | 1,217 |  |  | 216 |  |  | (35) |
Net cash from operating activities |  | 3,829 |  |  | 3,193 |  |  | 2,426 |
Investing activities: |  |  |  |  |  |
Changes in investments in subsidiaries |  | (217) |  |  | 704 |  |  | (577) |
Proceeds from paydowns and maturities of securities available for sale |  | 117 |  |  | 111 |  |  | 140 |
Changes in loans to subsidiaries |  | (2,019) |  |  | (1,302) |  |  | (2,055) |
Net cash from investing activities |  | (2,119) |  |  | (487) |  |  | (2,492) |
Financing activities: |  |  |  |  |  |
Borrowings: |  |  |  |  |  |
Changes in borrowings from subsidiaries |  | 0 |  |  | 0 |  |  | 38 |
Issuance of senior and subordinated notes |  | 1,991 |  |  | 2,646 |  |  | 5,227 |
Maturities and paydowns of senior and subordinated notes |  | (2,900) |  |  | (750) |  |  | 0 |
Common stock: |  |  |  |  |  |
Net proceeds from issuances |  | 241 |  |  | 199 |  |  | 175 |
Dividends paid |  | (460) |  |  | (753) |  |  | (773) |
Preferred stock: |  |  |  |  |  |
Net proceeds from issuances |  | 1,330 |  |  | 1,462 |  |  | 0 |
Dividends paid |  | (280) |  |  | (282) |  |  | (265) |
Redemptions |  | (1,375) |  |  | (1,000) |  |  | 0 |
Purchases of treasury stock |  | (393) |  |  | (1,481) |  |  | (2,284) |
Proceeds from share-based payment activities |  | 62 |  |  | 17 |  |  | 38 |
Net cash from financing activities |  | (1,784) |  |  | 58 |  |  | 2,156 |
Changes in cash and cash equivalents |  | (74) |  |  | 2,764 |  |  | 2,090 |
Cash and cash equivalents, beginning of the period |  | 13,050 |  |  | 10,286 |  |  | 8,196 |
Cash and cash equivalents, end of the period |  | $ | 12,976 |  |  | $ | 13,050 |  |  | $ | 10,286 |
Supplemental information: |  |  |  |  |  |
Non-cash impact from the dissolution of wholly-owned subsidiary |  |  |  |  |  |
Decrease in investment in subsidiaries |  | $ | 0 |  |  | $ | 1,508 |  |  | $ | 0 |
Decrease in borrowings from subsidiaries |  | 0 |  |  | 1,671 |  |  | 0 |

X
- References No definition available. + Details
Name: | srt_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -URI http://asc.fasb.org/extlink&oid=120391182&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration