CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Millions	3 Months Ended
Mar. 31, 2026	Mar. 31, 2025
Operating Activities
Net Income	$ 165	$ 515
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	227	174
Depreciation, amortization and accretion	199	135
Stock-based compensation expense	145	73
Provision for deferred income taxes	13	5
Securities losses, net	9	5
MSR fair value adjustment	38	50
Net gains on sales of loans and fair value adjustments on loans held for sale	(9)	(13)
Proceeds from sales of loans held for sale	1,289	1,049
Loans originated or purchased for sale, net of repayments	(1,812)	(912)
Dividends representing return on equity method investments	12	10
Net change in:
Equity and trading debt securities	(196)	(74)
Other assets	(566)	755
Accrued taxes, interest and expenses and other liabilities	(620)	(539)
Net Cash (Used in) Provided by Operating Activities	(1,106)	1,233
Proceeds from sales:
AFS securities and other investments	1,965	956
Loans and leases	90	79
Proceeds from repayments and maturities of AFS securities	1,565	913
Proceeds from repayments and maturities of HTM securities	488	140
Purchases:
AFS securities	(6,334)	(1,428)
HTM securities	(1,790)	0
Bank premises and equipment	(146)	(117)
Proceeds from settlement of BOLI	21	12
Proceeds from sales and dividends representing return of equity method investments	4	4
Net cash received from acquisitions	740	0
Net change in:
Other short-term investments	12,662	2,155
Portfolio loans and leases	(3,463)	(2,594)
Other, net	(388)	(187)
Net Cash Provided by (Used in) Investing Activities	5,414	(67)
Financing Activities
Net change in deposits	(3,387)	(1,747)
Net change in short-term borrowings	(60)	23
Proceeds from short-term FHLB advances	750	1,000
Repayment of short-term FHLB advances	(300)	0
Proceeds from long-term debt issuances/advances	2,092	998
Repayment of long-term debt	(2,434)	(867)
Dividends paid on common and preferred stock	(308)	(297)
Repurchases of treasury stock and related forward contract	0	(225)
Other, net	(76)	(56)
Net Cash Used in Financing Activities	(3,723)	(1,171)
Increase (Decrease) in Cash and Due from Banks	585	(5)
Cash and Due from Banks at Beginning of Period	3,499	3,014
Cash and Due from Banks at End of Period	$ 4,084	$ 3,009

The gains and losses included in earnings that represent the difference between the sale price and the carrying value of loans and Leases that were sold during the reporting period and loans held for sale which are still held at period end. This element refers to the gain (loss) and not to the cash proceeds of the sales. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method.

No definition available.