XML 18 R7.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows From Operating Activities:    
Net income $ 3,034 $ 2,501
Adjustments to reconcile net income to net cash from operating activities:    
Provision for credit losses 874 946
Depreciation 257 284
Amortization of intangibles 127 148
Net change in operating assets and liabilities:    
LHFS (576) 128
Pension asset (169) (145)
Derivative assets and liabilities 378 (1,106)
Trading assets 502 (863)
Investments in affordable housing projects and other qualified tax credits [1] (605) 39
Other assets and other liabilities [1] (1,209) (600)
Other, net [1] (895) 328
Net cash flows from operating activities 1,718 1,660
Cash Flows From Investing Activities:    
Proceeds from sales of AFS securities 59 1,109
Proceeds from maturities, calls and paydowns of AFS securities 8,354 8,079
Purchases of AFS securities (10,776) (6,879)
Proceeds from maturities, calls and paydowns of HTM securities 1,767 1,812
Purchases of HTM securities (795) 0
Originations of loans and leases, net of principal collected (2,545) (12,860)
Purchases of loans and leases (206) (668)
Sales of loans and leases 550 358
Net cash received (paid) for securities borrowed or purchased under agreements to resell (1,231) (106)
Other, net 14 (181)
Net cash flows from investing activities (4,809) (9,336)
Cash Flows From Financing Activities:    
Net change in deposits 8,981 15,598
Net change in short-term borrowings (951) (12,556)
Proceeds from issuance of long-term debt 50,473 28,642
Repayment of long-term debt (49,131) (19,486)
Repurchase of common stock (2,334) (1,250)
Net proceeds from preferred stock issued 495 0
Cash dividends paid on common stock (1,281) (1,349)
Cash dividends paid on preferred stock (138) (164)
Other, net (112) (76)
Net cash flows from financing activities 6,002 9,359
Net Change in Cash and Cash Equivalents 2,911 1,683
Cash and Cash Equivalents of Continuing and Discontinued Operations, January 1 36,377 39,768
Cash and Cash Equivalents of Continuing and Discontinued Operations, June 30 39,288 41,451
Supplemental Disclosure of Cash Flow Information:    
Interest expense 4,661 4,967
Income taxes $ 97 $ 170
[1] Prior period balances have been conformed to current period presentation.