v2.4.0.6
Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income (loss) before noncontrolling interests $ 16,211 $ 12,663 $ 12,667
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for Loan, Lease, and Other Losses 7,899 15,753 21,668
Changes in fair value of MSRs (residential), MHFS and LHFS carried at fair value (295) (1,025) (20)
Depreciation and amortization 2,208 1,924 2,841
Other net losses (gains) 3,273 1,345 (3,867)
Preferred stock released by ESOP 959 796 106
Stock incentive compensation expense 529 436 245
Excess tax benefits related to stock option payments (79) (98) (18)
Originations of MHFS (345,099) (370,175) (414,299)
Proceeds from sales of and principal collected on mortgages originated for sale 298,524 355,325 399,261
Originations of LHFS (5) (4,596) (10,800)
Proceeds from sales of and principal collected on LHFS 11,833 17,828 20,276
Purchases of LHFS (11,723) (7,470) (8,614)
Net change in:      
Trading assets 35,149 12,356 13,983
Deferred income taxes 3,573 4,287 9,453
Accrued interest receivable (401) 1,051 (293)
Accrued interest payable (362) (268) (1,028)
Other assets, net (11,529) (19,631) (15,018)
Other accrued expenses and liabilities, net 3,000 (1,729) 2,070
Net cash provided (used) by operating activities 13,665 18,772 28,613
Cash flows from investing activities:      
Net change in Federal funds sold, securities purchased under resale agreements and other short term investments 36,270 (39,752) 8,548
Securities available for sale:      
Sales proceeds 23,062 8,668 53,038
Prepayments and maturities 52,618 47,919 38,811
Purchases (121,235) (53,466) (95,285)
Loans:      
Loans originated by banking subsidiaries, net of principal collected (35,686) 15,869 52,240
Proceeds from sales (including participations) of loans originated for investment by banking subsidiaries 6,555 6,517 6,162
Purchases (including participations) of loans by banking subsidiaries (8,878) (2,297) (3,363)
Principal collected on nonbank entities' loans 9,782 15,560 14,428
Loans originated by nonbank entities (7,522) (10,836) (9,961)
Net cash paid for acquisitions (353) (36) (138)
Proceeds from sales of foreclosed assets 10,655 5,444 3,759
Changes in MSRs from purchases and sales (155) (65) (10)
Other, net (157) 2,800 3,556
Net cash provided (used) by investing activities (35,044) (3,675) 71,785
Cash flows from financing activities:      
Net change in deposits 72,128 23,924 42,473
Net change in short-term borrowings (6,231) 11,308 (69,108)
Long-term debt:      
Proceeds from issuance 11,687 3,489 8,396
Repayment (50,555) (63,317) (66,260)
Preferred stock:      
Proceeds from issuance 2,501 0 0
Cash dividends paid (844) (737) (2,178)
Redeemed 0 0 (25,000)
Common stock:      
Proceeds from issuance 1,296 1,375 21,976
Repurchased (2,416) (91) (220)
Cash dividends paid (2,537) (1,045) (2,125)
Stock warrants:      
Common stock warrants repurchased (2) (545) 0
Excess tax benefits related to stock option payments 79 98 18
Net change in noncontrolling interests:      
Cash paid for purchase of Prudential's noncontrolling interest 0 0 (4,500)
Other (331) (592) (553)
Net cash provided (used) by financing activities 24,775 (26,133) (97,081)
Net change in cash and due from banks 3,396 (11,036) 3,317
Cash and due from banks at beginning of year 16,044 27,080 23,763
Cash and due from banks at end of year 19,440 16,044 27,080
Supplemental cash flow disclosures:      
Cash paid for interest 7,011 8,307 10,978
Cash paid for income taxes $ 4,875 $ 1,187 $ 3,042