v3.26.1
Consolidated Cash Flow Statement (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net income $ 11,291 $ 7,946
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Stock-based compensation expense 1,133 1,008
Depreciation and amortization 1,916 2,172
Provision for credit losses 196 331
Other operating adjustments 260 156
Changes in assets and liabilities:    
Trading assets, net of Trading liabilities (29,728) (65,970)
Securities borrowed (29,450) (16,100)
Securities loaned 3,426 3,967
Customer and other receivables and other assets (40,203) (13,253)
Customer and other payables and other liabilities 56,924 36,316
Securities purchased under agreements to resell (9,273) 11,810
Securities sold under agreements to repurchase 23,663 19,470
Net cash provided by (used for) operating activities (9,845) (12,147)
Proceeds from (payments for):    
Other assets—Premises, equipment and software (1,573) (1,476)
Changes in loans, net (21,138) (18,186)
AFS securities:    
Purchases (16,668) (18,687)
Proceeds from sales 6,878 2,462
Proceeds from paydowns and maturities 14,021 9,111
HTM securities:    
Purchases (1,294) 0
Proceeds from paydowns and maturities 6,901 4,520
Other investing activities (931) (450)
Net cash provided by (used for) investing activities (13,804) (22,706)
Net proceeds from (payments for):    
Other secured financings 5,095 3,374
Deposits 30,977 13,232
Proceeds from issuance of Borrowings 99,444 69,341
Payments for:    
Borrowings (54,037) (45,092)
Repurchases of common stock and employee tax withholdings (4,547) (3,159)
Cash dividends (3,385) (3,200)
Other financing activities (27) 216
Net cash provided by (used for) financing activities 73,520 34,712
Effect of exchange rate changes on cash and cash equivalents (1,431) 3,885
Net increase (decrease) in cash and cash equivalents 48,440 3,744
Cash and cash equivalents, at beginning of period 111,695 105,386
Cash and cash equivalents, at end of period 160,135 109,130
Supplemental Disclosure of Cash Flow Information    
Cash payments for interest 26,585 24,543
Cash payments for income taxes, net of refunds $ 2,171 $ 2,345