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Consolidated Statements Of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING ACTIVITIES    
Net income $ 172 $ 138
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 20 14
Provision (benefit) for deferred income taxes 4 (7)
Depreciation and amortization 25 22
Net periodic defined benefit credit (10) (12)
Share-based compensation expense 27 27
Net (accretion) amortization of securities (10) 4
Net losses on sales of foreclosed property and other bank property 2 0
Accrued income receivable 13 9
Accrued expenses payable (152) (164)
Other, net 182 (236)
Net cash provided by (used in) operating activities 273 (205)
INVESTING ACTIVITIES    
Maturities and redemptions 287 385
Purchases 0 (34)
Net change in loans 605 1,275
Proceeds from sales of foreclosed property and other bank property 2 0
Net increase in premises and equipment (7) (40)
Purchases (17) 0
Redemptions 41 146
Proceeds from bank-owned life insurance settlements 1 7
Other, net (1) 0
Net cash provided by investing activities 913 1,739
FINANCING ACTIVITIES    
Deposits (2,264) (3,225)
Short-term borrowings 1,225 (3,565)
Maturities and redemptions (1,000) 0
Issuances and advances 0 1,000
Cash dividends paid on preferred stock (6) (6)
Stock tendered for payment of withholding taxes (50) 0
Stock tendered for payment of withholding taxes, common stock (13) (12)
Cash dividends paid (93) (92)
Issuances under employee stock plans 4 (1)
Other, net (1) 0
Net cash used in financing activities (2,198) (5,901)
Net decrease in cash and cash equivalents (1,012) (4,367)
Cash and cash equivalents at beginning of period 6,804 9,502
Cash and cash equivalents at end of period 5,792 5,135
Interest paid 369 541
Income taxes paid $ 5 $ 4