10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WELLS FARGO & COMPANY/MN | |||
Ticker: WFC 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 | |
| Cash flows from operating activities: | |||
| Net income before noncontrolling interests | $ 23,276 | 23,608 | 22,224 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Provision for credit losses | 2,442 | 1,395 | 2,309 |
| Changes in fair value of MSRs, MHFS and LHFS carried at fair value | 62 | 1,820 | (3,229) |
| Depreciation, amortization and accretion | 3,288 | 2,515 | 3,293 |
| Other net gains | (6,496) | (3,760) | (9,384) |
| Stock-based compensation | 1,958 | 1,912 | 1,920 |
| Excess tax benefits related to stock incentive compensation | (453) | (453) | (271) |
| Originations of MHFS | (178,266) | (144,812) | (317,054) |
| Proceeds from sales of and principal collected on mortgages originated for sale | 133,194 | 117,097 | 311,431 |
| Proceeds from sales of and principal collected on LHFS | 7 | 207 | 575 |
| Purchases of LHFS | (28) | (154) | (291) |
| Net change in: | |||
| Trading assets | 47,244 | 11,186 | 43,638 |
| Deferred income taxes | (2,265) | 2,354 | 4,977 |
| Accrued interest receivable | (623) | (372) | (13) |
| Accrued interest payable | 160 | 119 | (32) |
| Other assets | (1,764) | (10,681) | 4,693 |
| Other accrued expenses and liabilities | (6,964) | 15,548 | (7,145) |
| Net cash provided by operating activities | 14,772 | 17,529 | 57,641 |
| Cash flows from investing activities: | |||
| Net change in: | |||
| Federal funds sold, securities purchased under resale agreements and other short-term investments | (11,866) | (41,778) | (78,184) |
| Available-for-sale securities: | |||
| Sales proceeds | 25,431 | 6,089 | 2,837 |
| Prepayments and maturities | 33,912 | 37,257 | 50,737 |
| Purchases | (79,778) | (44,807) | (89,474) |
| Held-to-maturity securities: | |||
| Paydowns and maturities | 5,290 | 5,168 | 30 |
| Purchases | (25,424) | (47,012) | (5,782) |
| Nonmarketable equity investments: | |||
| Sales proceeds | 3,496 | 3,161 | 2,577 |
| Purchases | (2,352) | (3,087) | (3,273) |
| Loans: | |||
| Loans originated by banking subsidiaries, net of principal collected | (57,016) | (65,162) | (43,744) |
| Proceeds from sales (including participations) of loans held for investment | 11,672 | 21,564 | 7,694 |
| Purchases (including participations) of loans | (13,759) | (6,424) | (11,563) |
| Principal collected on nonbank entities' loans | 10,023 | 13,589 | 19,955 |
| Loans originated by nonbank entities | (12,441) | (13,570) | (17,311) |
| Net cash paid for acquisitions | (3) | (174) | 0 |
| Proceeds from sales of foreclosed assets and short sales | 7,803 | 7,697 | 11,021 |
| Net cash from purchases and sales of MSRs | (135) | (150) | 407 |
| Other, net | (2,088) | (741) | 581 |
| Net cash used by investing activities | (107,235) | (128,380) | (153,492) |
| Cash flows from financing activities: | |||
| Net change in: | |||
| Deposits | 54,867 | 89,133 | 76,342 |
| Short-term borrowings | 34,010 | 8,035 | (3,390) |
| Long-term debt: | |||
| Proceeds from issuance | 43,030 | 42,154 | 53,227 |
| Repayment | (27,333) | (15,829) | (25,423) |
| Preferred stock: | |||
| Proceeds from issuance | 2,972 | 2,775 | 3,145 |
| Cash dividends paid | (1,426) | (1,235) | (1,017) |
| Common stock: | |||
| Proceeds from issuance | 1,726 | 1,840 | 2,224 |
| Repurchased | (8,697) | (9,414) | (5,356) |
| Cash dividends paid | (7,400) | (6,908) | (5,953) |
| Excess tax benefits related to stock incentive compensation | 453 | 453 | 271 |
| Net change in noncontrolling interests | (232) | (552) | (296) |
| Other, net | 33 | 51 | 136 |
| Net cash provided by financing activities | 92,003 | 110,503 | 93,910 |
| Net change in cash and due from banks | (460) | (348) | (1,941) |
| Cash and due from banks at beginning of year | 19,571 | 19,919 | 21,860 |
| Cash and due from banks at end of year | 19,111 | 19,571 | 19,919 |
| Supplemental cash flow disclosures: | |||
| Cash paid for interest | 3,816 | 3,906 | 4,321 |
| Cash paid for income taxes | 13,688 | 8,808 | 7,132 |
| External Links | |
| WELLS FARGO & COMPANY/MN (WFC) 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 |