v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating activities:    
Net income $ 554 $ 178
Adjustments to reconcile net cash provided by operating activities:    
Provision for loan losses 143 880
Depreciation and amortization of premises and equipment 125 138
Provision for losses on other real estate, net 18 58
Net amortization of securities 144 92
Net amortization of loans and other assets 77 98
Net amortization of borrowings 2 1
Net securities gains (24) (106)
Gain on disposition of business (15)  
Deferred income tax expense (benefit) 201 (81)
Excess tax benefits from share-based payments (1)  
Originations and purchases of loans held for sale (2,834) (2,624)
Proceeds from sales of loans held for sale 2,732 3,525
Gain on sale of loans, net (62) (37)
Valuation charges on loans held for sale 8 6
Branch consolidation and property and equipment charges   77
Decrease (increase) in trading account assets 193 (107)
(Increase) decrease in other interest-earning assets (182) 12
Decrease in interest receivable 17 67
(Increase) decrease in other assets (102) 1,246
Increase (decrease) in other liabilities 39 (543)
Other 4 (38)
Net cash from operating activities 1,037 2,842
Investing activities:    
Proceeds from sales of securities available for sale 1,670 6,479
Proceeds from maturities of securities available for sale 3,209 2,291
Proceeds from maturities of securities held to maturity 3 4
Purchases of securities available for sale (6,970) (9,178)
Proceeds from sales of loans 411 816
Purchases of loans (407) (1,545)
Net decrease in loans 746 585
Net purchases of premises and equipment (79) (128)
Proceeds from disposition of business, net of cash transferred 855  
Net cash from investing activities (562) (676)
Financing activities:    
Net (decrease) increase in deposits (529) 1,717
Net increase (decrease) in short-term borrowings 1,168 (1,215)
Proceeds from long-term borrowings   1,001
Payments on long-term borrowings (1,853) (2,502)
Cash dividends on common stock (27) (25)
Cash dividends on preferred stock (44) (87)
Net proceeds from issuance of common stock 875  
Repurchase of Series A preferred stock (3,500)  
Repurchase of warrant (45)  
Excess tax benefits from share-based payments 1  
Net cash from financing activities (3,954) (1,111)
(Decrease) increase in cash and cash equivalents (3,479) 1,055
Cash and cash equivalents at beginning of year 7,245 6,919
Cash and cash equivalents at end of period $ 3,766 $ 7,974