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: 2015 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 24, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Operating activities | |||
| Net income | $ 15,888 | 4,833 | 11,431 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for credit losses | 3,161 | 2,275 | 3,556 |
| Gains on sales of debt securities | (1,091) | (1,354) | (1,271) |
| Fair value adjustments on structured liabilities | 633 | (407) | 649 |
| Depreciation and premises improvements amortization | 1,555 | 1,586 | 1,597 |
| Amortization of intangibles | 834 | 936 | 1,086 |
| Net amortization of premium/discount on debt securities | 2,472 | 2,688 | 1,577 |
| Deferred income taxes | 3,108 | 726 | 3,262 |
| Loans held-for-sale: | |||
| Originations and purchases | (38,675) | (40,113) | (65,688) |
| Proceeds from sales and paydowns of loans originally classified as held-for-sale | 36,204 | 38,528 | 77,707 |
| Net change in: | |||
| Trading and derivative instruments | 3,292 | 6,621 | 33,870 |
| Other assets | 2,458 | 5,828 | 35,154 |
| Accrued expenses and other liabilities | 730 | 9,702 | (12,919) |
| Other operating activities, net | (2,839) | (1,714) | 2,806 |
| Net cash provided by operating activities | 27,730 | 30,135 | 92,817 |
| Investing activities | |||
| Net change in: | |||
| Time deposits placed and other short-term investments | 50 | 4,030 | 7,154 |
| Federal funds sold and securities borrowed or purchased under agreements to resell | (659) | (1,495) | 29,596 |
| Debt securities carried at fair value: | |||
| Proceeds from sales | 145,079 | 126,399 | 103,743 |
| Proceeds from paydowns and maturities | 84,988 | 79,704 | 85,554 |
| Purchases | (219,412) | (247,902) | (160,744) |
| Held-to-maturity debt securities: | |||
| Proceeds from paydowns and maturities | 12,872 | 7,889 | 8,472 |
| Purchases | (36,575) | (13,274) | (14,388) |
| Loans and leases: | |||
| Proceeds from sales | 22,316 | 28,765 | 12,331 |
| Purchases | (12,629) | (10,609) | (16,734) |
| Other changes in loans and leases, net | (52,626) | 19,239 | (34,256) |
| Proceeds from sales of equity investments | 333 | 1,577 | 4,818 |
| Other investing activities, net | 1,309 | (1,923) | (488) |
| Net cash provided by (used in) investing activities | (54,954) | (7,600) | 25,058 |
| Financing activities | |||
| Net change in: | |||
| Deposits | 78,347 | (335) | 14,010 |
| Federal funds purchased and securities loaned or sold under agreements to repurchase | (26,986) | 3,171 | (95,153) |
| Short-term borrowings | (3,074) | (14,827) | 16,009 |
| Long-term debt: | |||
| Proceeds from issuance | 43,670 | 51,573 | 45,658 |
| Retirement of long-term debt | (40,365) | (53,749) | (65,602) |
| Preferred stock: | |||
| Proceeds from issuance | 2,964 | 5,957 | 1,008 |
| Redemption | 0 | 0 | (6,461) |
| Common stock repurchased | (2,374) | (1,675) | (3,220) |
| Cash dividends paid | (3,574) | (2,306) | (1,677) |
| Excess tax benefits on share-based payments | 16 | 34 | 12 |
| Other financing activities, net | (39) | (44) | (26) |
| Net cash provided by (used in) financing activities | 48,585 | (12,201) | (95,442) |
| Effect of exchange rate changes on cash and cash equivalents | (597) | (3,067) | (1,863) |
| Net increase in cash and cash equivalents | 20,764 | 7,267 | 20,570 |
| Cash and cash equivalents at January 1 | 138,589 | 131,322 | 110,752 |
| Cash and cash equivalents at December 31 | 159,353 | 138,589 | 131,322 |
| Supplemental cash flow disclosures | |||
| Interest paid | 10,623 | 11,082 | 12,912 |
| Income taxes paid | 2,326 | 2,558 | 1,559 |
| Income taxes refunded | (151) | (144) | (244) |
| External Links | |
| BANK OF AMERICA CORP /DE/ (BAC) Fiscal Year 2015 | |
| 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 |