XML 18 R8.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities:    
Net income $ 1,622 $ 1,359
Adjustments to reconcile net income to net cash from operating activities:    
Provision for credit losses 355 367
Depreciation, amortization and accretion, net 62 123
Securities (gains) losses, net 53 178
Deferred income tax expense 105 33
Originations and purchases of loans held for sale (4,034) (4,443)
Proceeds from sales of loans held for sale 4,177 4,347
(Gain) loss on sale of loans, net (44) (43)
Net change in operating assets and liabilities:    
Other earning assets 103 (208)
Interest receivable and other assets 282 332
Other liabilities (173) (306)
Other (8) 79
Net cash from operating activities 2,500 1,818
Investing activities:    
Proceeds from maturities of debt securities held to maturity 499 31
Proceeds from sales of debt securities available for sale 1,239 3,825
Proceeds from maturities of debt securities available for sale 2,579 2,356
Purchases of debt securities available for sale (5,949) (8,074)
Net (payments for) proceeds from bank-owned life insurance 4 14
Proceeds from sales of loans 470 73
Purchases of loans (307) (536)
Net change in loans 56 1,792
Purchases of mortgage servicing rights (27) (137)
Net purchases of other assets (200) (104)
Net cash from investing activities (1,636) (760)
Financing activities:    
Net change in deposits 2,731 (1,412)
Net change in short-term borrowings 800 1,500
Proceeds from long-term borrowings 0 3,740
Payments on long-term borrowings (1,250) (100)
Cash dividends on common stock (677) (662)
Cash dividends on preferred stock (71) (78)
Proceeds from Issuance of Preferred Stock and Preference Stock 0 (489)
Payments for Repurchase of Redeemable Preferred Stock (350) (500)
Repurchases of common stock (637) (290)
Taxes paid related to net share settlement of equity awards (23) (25)
Net cash from financing activities 523 2,662
Net change in cash and cash equivalents 1,387 3,720
Cash and cash equivalents at beginning of year 10,712 6,801
Cash and cash equivalents at end of year $ 12,099 $ 10,521