Cash flow Statement (Quarterly, GAAP
in millions $) |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
(Sep 30 2022) 9 Months |
Income |
342.00 |
244.26 |
126.47 |
524.09 |
380.30 |
Depreciation & amortization |
26.18 |
17.51 |
8.57 |
31.58 |
23.21 |
Amortization of Other Assets |
8.88 |
6.07 |
3.11 |
14.03 |
10.76 |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
- |
- |
- |
Provision for Other Credit Losses |
42.15 |
13.65 |
6.02 |
-28.40 |
-30.89 |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property |
0.98 |
0.65 |
0.03 |
0.26 |
0.14 |
Share-based Compensation |
18.68 |
12.19 |
5.73 |
23.49 |
17.51 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Financial Instruments and Foreign Currency Transaction |
-14.57 |
-29.45 |
3.03 |
61.03 |
54.01 |
Cost Of Goods And Services Sold Depreciation And Amortization |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Other Real Estate |
- |
- |
- |
- |
- |
Deferred Tax Expense Benefit |
- |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
- |
- |
- |
- |
- |
F D I C Indemnification Asset Cash Payments Received |
- |
- |
- |
- |
- |
Increase Decrease In F D I C Indemnification Asset |
- |
- |
- |
- |
- |
Assets Acquired In Settlement Of Loans |
- |
- |
- |
- |
- |
Writedowns On Closed Branch Transfers To Other Real Estate Owned |
- |
- |
- |
- |
- |
Net Funds Paid Received Under Fdic Loss Share Agreements |
- |
- |
- |
- |
- |
Gain Loss On Sale Common Shares |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Available For Sale Securities |
- |
- |
- |
- |
- |
Gain Loss On Other Real Estate And Foreclosed Assets |
-0.38 |
-0.32 |
-0.02 |
- |
- |
Debt Securities Available For Sale Gain Loss |
- |
- |
- |
0.09 |
0.09 |
Income taxes |
3.27 |
8.45 |
-0.80 |
-22.17 |
9.40 |
Losses/ -gains on Investments net |
- |
- |
- |
- |
- |
Accounts Receivable |
- |
- |
- |
- |
- |
Increase (Decrease) in Accounts Payable and Other Operating Liabilities |
26.64 |
6.55 |
-28.31 |
6.84 |
1.96 |
Accrued Expense |
- |
- |
- |
- |
- |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Prepaid Expense and Other Assets |
- |
- |
- |
- |
- |
Other Working Capital |
-156.66 |
-153.70 |
-115.91 |
169.34 |
172.54 |
Other Noncash Income (Expense) |
-10.11 |
-6.83 |
-3.27 |
-34.14 |
-25.00 |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
115.34 |
95.66 |
81.26 |
100.36 |
61.04 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
402.40 |
214.69 |
85.89 |
842.02 |
675.08 |
Capital Expenditures |
-24.57 |
-18.27 |
-5.50 |
-29.15 |
-22.35 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Short-term Investments, Total |
-493.89 |
-350.10 |
-1,964.09 |
3,506.85 |
3,568.97 |
Short-term Investments Acq. |
-46.07 |
-6.02 |
-6.02 |
-1,520.02 |
-1,376.51 |
Real Estate Investments |
18.41 |
17.97 |
16.79 |
104.68 |
85.31 |
Net Increase Decrease In Federal Funds Sold And Short Term Investments |
- |
- |
- |
- |
- |
Net Cash Paid For Divestiture Of Branches |
- |
- |
- |
- |
- |
Increase Decrease In Short Term Investments Net |
- |
- |
- |
- |
- |
Proceeds From Acquisition |
- |
- |
- |
- |
- |
Cash Acquired In Stock Based Business Combination |
- |
- |
- |
- |
- |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans and Leases |
-978.78 |
-718.35 |
-306.87 |
-2,088.84 |
-1,545.54 |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Federal Home Loan Bank Stock |
-68.06 |
-68.06 |
-68.06 |
-12.10 |
4.97 |
Payments for (Proceeds from) Previous Acquisition |
- |
- |
- |
- |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Proceeds from Sale of Loans Receivable |
79.42 |
27.44 |
11.01 |
30.65 |
26.62 |
Payments for (Proceeds from) Other Investing Activities |
-7.24 |
-7.59 |
-4.25 |
-53.45 |
-62.22 |
Other Net |
369.61 |
229.84 |
108.24 |
723.73 |
600.05 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-1,151.16 |
-893.15 |
-2,218.76 |
662.36 |
1,279.30 |
Short-term debt Net |
-445.34 |
-241.73 |
1,648.23 |
206.21 |
-122.08 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
5.63 |
- |
Long-term debt - repayments |
- |
- |
- |
-0.48 |
-0.48 |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
2.86 |
1.93 |
0.94 |
-55.09 |
-55.99 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Increase (Decrease) in Deposits |
1,249.99 |
973.15 |
542.72 |
-1,395.55 |
-1,514.62 |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-3.32 |
-3.27 |
-2.92 |
-7.39 |
-1.89 |
Increase Decrease In Other Short Term Borrowings |
- |
- |
- |
- |
- |
Cash And Due From Banks |
- |
- |
- |
- |
- |
Increase Decrease In Short Term Borrowings |
- |
- |
- |
- |
- |
Settlement Of Forward Contract Portion Of Accelerated Share Repurchase |
- |
- |
- |
- |
- |
Cash Received Paid Under Accelerated Share Repurchase Agreement |
- |
- |
- |
- |
- |
Cash Received Under Accelerated Share Repurchase Agreement |
- |
- |
- |
- |
- |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-78.53 |
-52.35 |
-26.17 |
-94.46 |
-70.93 |
Net Cash flow from
Financing Activities |
725.65 |
677.74 |
2,162.79 |
-1,341.12 |
-1,765.99 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
377.83 |
196.42 |
80.39 |
812.88 |
652.73 |
Total Cash Flow |
-23.11 |
-0.72 |
29.91 |
163.26 |
188.39 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |