10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
JPMORGAN CHASE & CO | |||
Ticker: AMJ Fiscal Year: 2020 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 23, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Operating activities | |||
| Net income | $ 29,131 | 36,431 | 32,474 |
| Adjustments to reconcile net income to net cash provided by/(used in) operating activities: | |||
| Provision for credit losses | 17,480 | 5,585 | 4,871 |
| Depreciation and amortization | 8,614 | 8,368 | 7,791 |
| Deferred tax expense | (3,981) | 949 | 1,721 |
| Other | 1,649 | 1,996 | 2,717 |
| Originations and purchases of loans held-for-sale | (166,504) | (169,289) | (172,728) |
| Proceeds from sales, securitizations and paydowns of loans held-for-sale | 175,490 | 171,415 | 163,747 |
| Net change in: | |||
| Trading assets | (148,749) | 6,551 | (35,067) |
| Securities borrowed | (20,734) | (27,631) | (6,861) |
| Accrued interest and accounts receivable | (18,012) | (78) | (5,849) |
| Other assets | (42,434) | (17,570) | (8,779) |
| Trading liabilities | 77,198 | (14,516) | 18,290 |
| Accounts payable and other liabilities | 7,827 | (352) | 14,630 |
| Other operating adjustments | 3,115 | 2,233 | (1,343) [1] |
| Net cash provided by/(used in) operating activities | (79,910) | 4,092 | 15,614 |
| Investing activities | |||
| Net change in: | |||
| Federal funds sold and securities purchased under resale agreements | (47,115) | 72,396 | (123,201) |
| Held-to-maturity securities: | |||
| Proceeds from paydowns and maturities | 21,360 | 3,423 | 2,945 |
| Purchases | (12,400) | (13,427) | (9,368) |
| Available-for-sale securities: | |||
| Proceeds from paydowns and maturities | 57,675 | 52,200 | 37,401 |
| Proceeds from sales | 149,758 | 70,181 | 46,067 |
| Purchases | (397,145) | (242,149) | (95,091) |
| Proceeds from sales and securitizations of loans held-for-investment | 23,559 | 62,095 | 29,826 |
| Other changes in loans, net | (50,263) | (51,743) | (83,013) |
| All other investing activities, net | (7,341) | (5,035) | (4,986) |
| Net cash (used in) investing activities | (261,912) | (52,059) | (199,420) |
| Financing activities | |||
| Net change in: | |||
| Deposits | 602,765 | 101,002 | 26,728 |
| Federal funds purchased and securities loaned or sold under repurchase agreements | 31,528 | 1,347 | 23,415 |
| Short-term borrowings | (28,561) | ||
| Short-term borrowings | 4,438 | 18,476 | |
| Beneficial interests issued by consolidated VIEs | 1,347 | 4,289 | 1,712 |
| Proceeds from long-term borrowings | 78,686 | 61,085 | 71,662 |
| Payments of long-term borrowings | (105,055) | (69,610) | (76,313) |
| Proceeds from issuance of preferred stock | 4,500 | 5,000 | 1,696 |
| Redemption of preferred stock | (1,430) | (4,075) | (1,696) |
| Treasury stock repurchased | (6,517) | (24,001) | (19,983) |
| Dividends paid | (12,690) | (12,343) | (10,109) |
| All other financing activities, net | (927) | (1,146) | (1,430) |
| Net cash provided by financing activities | 596,645 | 32,987 | 34,158 |
| Effect of exchange rate changes on cash and due from banks and deposits with banks | 9,155 | (182) | (2,863) |
| Net increase/(decrease) in cash and due from banks and deposits with banks | 263,978 | (15,162) | (152,511) |
| Cash and due from banks and deposits with banks at the beginning of the period | 263,631 | 278,793 | 431,304 |
| Cash and due from banks and deposits with banks at the end of the period | 527,609 | 263,631 | 278,793 |
| Cash interest paid | 13,077 | 29,918 | 21,152 |
| Cash income taxes paid, net | 7,661 | 5,624 | 3,542 |
| [1] In the third quarter of 2020, the Firm reclassified certain fair value option elected lending-related positions from trading assets to loans and other assets. Prior-period amounts have been revised to conform with the current presentation. | |||
| External Links | |
| JPMORGAN CHASE & CO (AMJ) Fiscal Year 2020 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |