v3.25.2
Consolidated Statements Of Cash Flows (unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES    
Net income $ 371 $ 344
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses 64 14
Provision (benefit) for deferred income taxes 11 (1)
Depreciation and amortization 50 47
Net periodic defined benefit credit (20) (24)
Share-based compensation expense 35 36
Net (accretion) amortization of securities (19) 6
Net gains on sales of foreclosed property and other bank property (5) (1)
Accrued income receivable 13 15
Accrued expenses payable (140) (181)
Other, net 389 (349)
Net cash provided by (used in) operating activities 749 (94)
INVESTING ACTIVITIES    
Maturities and redemptions of investment securities available-for-sale 627 959
Purchases of investment securities available-for-sale 0 (34)
Net change in loans (699) 217
Proceeds from sales of foreclosed property and other bank property 8 1
Net increase in premises and equipment (34) (84)
Purchases of Federal Home Loan Bank stock (123) (400)
Redemption of Federal Home Loan Bank stock 82 494
Proceeds from bank-owned life insurance settlements 3 18
Other, net (1) 0
Net cash (used in) provided by investing activities (135) 1,171
FINANCING ACTIVITIES    
Net change in deposits (3,700) (4,247)
Net change in short-term borrowings 2,925 (2,315)
Maturities and redemptions of medium- and long-term debt (1,000) 0
Issuances and advances of medium- and long-term debt 0 1,000
Cash dividends paid on preferred stock (11) (11)
Repurchases of common stock (151) 0
Stock tendered for payment of withholding taxes, common stock (13) 13
Cash dividends paid on common stock (185) (185)
Issuances of common stock under employee stock plans 6 4
Other, net (1) 0
Net cash used in financing activities (2,130) (5,767)
Net decrease in cash and cash equivalents (1,516) (4,690)
Cash and cash equivalents at beginning of period 6,804 9,502
Cash and cash equivalents at end of period 5,288 4,812
Interest paid 735 1,025
Income taxes paid $ 59 $ 62