BB&T 2014 Annual Report Download - page 134

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Table of Contents



  

Cash Flows From Operating Activities:
Net income $ 2,226 $ 1,729 $ 2,028
Adjustments to reconcile net income to net cash provided by
operating activities:
Equity in earnings of subsidiaries in excess of dividends
from subsidiaries (605) (616) (418)
Net change in other assets 27 95 265
Net change in accounts payable and accrued liabilities 40 42 (71)
Other, net (86) (79) (228)
Net cash from operating activities 1,602 1,171 1,576
Cash Flows From Investing Activities:
Proceeds from sales, calls and maturities of AFS securities 25 24 26
Purchases of AFS securities (124) (24) (26)
Proceeds from maturities, calls and paydowns of HTM securities 16 2 4
Investment in subsidiaries (1) (4) (30)
Advances to subsidiaries (7,145) (5,815) (10,785)
Proceeds from repayment of advances to subsidiaries 7,060 5,898 11,325
Net cash from business combinations ― ― 51
Net cash from divestitures ― 9 ―
Net cash from investing activities (169) 90 565
Cash Flows From Financing Activities:
Net change in long-term debt 1,085 499 (2,764)
Net change in short-term borrowings (24) (13) (259)
Net change in advances from subsidiaries (10) 50 (72)
Net proceeds from common stock issued 294 108 15
Net proceeds from preferred stock issued ― 487 2,116
Cash dividends paid on common and preferred stock (814) (912) (564)
Other, net ― 8 62
Net cash from financing activities 531 227 (1,466)
Net Change in Cash and Cash Equivalents 1,964 1,488 675
Cash and Cash Equivalents at Beginning of Year 5,727 4,239 3,564
Cash and Cash Equivalents at End of Year $ 7,691 $ 5,727 $ 4,239
133
Source: BB&T CORP, 10-K, February 25, 2015 Powered by Morningstar® Document Research℠
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