10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BANK OF AMERICA CORP /DE/ | |||
Ticker: BAC Fiscal Year: 2013 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 25, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Operating activities | |||
| Net income | $ 11,431 [1] | 4,188 | 1,446 |
| Reconciliation of net income (loss) to net cash provided by (used in) operating activities: | |||
| Provision for credit losses | 3,556 | 8,169 | 13,410 |
| Goodwill impairment | 3,184 | ||
| Gains on sales of debt securities | (1,271) | (1,662) | (3,374) |
| Fair value adjustments on structured liabilities | 649 | 5,107 | (3,320) |
| Depreciation and premises improvements amortization | 1,597 | 1,774 | 1,976 |
| Amortization of intangibles | 1,086 | 1,264 | 1,509 |
| Net amortization of premium/discount on debt securities | 1,577 | 2,580 | 2,046 |
| Deferred income taxes | 3,262 | (2,735) | (1,949) |
| Originations and purchases of loans held-for-sale | (65,688) | (59,540) | (118,168) |
| Proceeds from sales, securitizations and paydowns of loans held-for-sale | 77,707 | 54,817 | 141,862 |
| Net (increase) decrease in trading and derivative instruments | 33,870 | (47,606) | 25,481 |
| Net (increase) decrease in other assets | 35,154 | (11,424) | 21,285 |
| Net increase (decrease) in accrued expenses and other liabilities | (12,919) | 24,061 | (18,124) |
| Other operating activities, net | 2,806 | 4,951 | (2,816) |
| Net cash provided by (used in) operating activities | 92,817 | (16,056) | 64,448 |
| Investing activities | |||
| Net decrease in time deposits placed and other short-term investments | 7,154 | 7,310 | 105 |
| Net (increase) decrease in federal funds sold and securities borrowed or purchased under agreements to resell | 29,596 | (8,741) | (1,567) |
| Proceeds from sales of debt securities carried at fair value | 119,013 | 74,068 | 120,125 |
| Proceeds from paydowns and maturities of debt securities carried at fair value | 85,554 | 71,509 | 56,732 |
| Purchases of debt securities carried at fair value | (175,983) | (164,491) | (99,536) |
| Proceeds from paydowns and maturities of held-to-maturity debt securities | 8,472 | 6,261 | 602 |
| Purchases of held-to-maturity debt securities | (14,388) | (20,991) | (35,552) |
| Proceeds from sales of loans and leases | 12,331 | 1,837 | 3,124 |
| Purchases of loans and leases | (16,734) | (9,178) | (9,638) |
| Other changes in loans and leases, net | (34,256) | 2,557 | 2,864 |
| Net sales (purchases) of premises and equipment | (521) | 5 | (1,307) |
| Proceeds from sales of foreclosed properties | 1,099 | 2,799 | 2,532 |
| Proceeds from sales of investments | 4,818 | 2,396 | 14,840 |
| Other investing activities, net | (1,097) | (320) | (895) |
| Net cash provided by (used in) investing activities | 25,058 | (34,979) | 52,429 |
| Financing activities | |||
| Net increase in deposits | 14,010 | 72,220 | 22,611 |
| Net increase (decrease) in federal funds purchased and securities loaned or sold under agreements to repurchase | (95,153) | 78,395 | (30,495) |
| Net increase (decrease) in short-term borrowings | 16,009 | (5,017) | (24,264) |
| Proceeds from issuance of long-term debt | 45,658 | 22,200 | 26,001 |
| Retirement of long-term debt | (65,602) | (124,389) | (101,814) |
| Proceeds from issuance of preferred stock and warrants | 1,008 | 667 | 5,000 |
| Redemption of preferred stock | (6,461) | ||
| Common stock repurchased | (3,220) | ||
| Cash dividends paid | (1,677) | (1,909) | (1,738) |
| Excess tax benefits on share-based payments | 12 | 13 | 42 |
| Other financing activities, net | (26) | 236 | 3 |
| Net cash provided by (used in) financing activities | (95,442) | 42,416 | (104,654) |
| Effect of exchange rate changes on cash and cash equivalents | (1,863) | (731) | (548) |
| Net increase (decrease) in cash and cash equivalents | 20,570 | (9,350) | 11,675 |
| Cash and cash equivalents at January 1 | 110,752 | 120,102 | 108,427 |
| Cash and cash equivalents at December 31 | 131,322 | 110,752 | 120,102 |
| Supplemental cash flow disclosures | |||
| Interest paid | 12,912 | 18,268 | 25,207 |
| Income taxes paid | 1,559 | 1,372 | 1,653 |
| Income taxes refunded | (244) | (338) | (781) |
| [1] There were no material intersegment revenues. | |||
| External Links | |
| BANK OF AMERICA CORP /DE/ (BAC) Fiscal Year 2013 | |
| 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 |